Business Environment of Marks & Spencer, NHS and Oxfam : Report
Added on 2020-07-23
15 Pages4933 Words72 Views
Business and BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Purpose of private, public and voluntary organisation and their legal structure..............1P2. Size and Scope of private, public and voluntary organisation.........................................2TASK 2............................................................................................................................................4P3. Relationship between certain functions of the firm and their relation with their goals andstructure..................................................................................................................................4P4. Positive and negative influence of the macro environment on the business activities ofM&S.......................................................................................................................................6P5. SWOT analysis of Marks and Spencer............................................................................7P6. Interrelate with strength and weaknesses with external macro factors............................9CONCLUSION................................................................................................................................9
INTRODUCTIONBusiness is the commercial activity which involves exchange of products and services inreturn they generate some profits. Enterprises carry out certain activities in the from of input andin these operations there is involvement of various people who are also called as employees. It isthe manager who ensure that all the individuals are giving their full effort so that maximumoutput can be obtained. Business includes buyers, sellers, goods, sales, manufacturing,marketing, management and etc. In the business environment there exists various kinds oforganisation who has different purposes and scope and they are normally private, public andvoluntary organisation (Blanchard, Tolbert and Mencken, 2011). They all differ in their workingstyle and the targets they want to achieve. Each of them holds a key significance in the businessas for the development of financial and social economy each needs to contribute from their side.In this report there will be analysis of various aspects of business environment through taking thecase scenario of Marks & Spencer, NHS and Oxfam. All these are the private, public andvoluntary organisation respectively. TASK 1P1. Purpose of private, public and voluntary organisation and their legal structure.Private sector- Private sector includes those companies which plays a vital role in anycountry's economy but its share holders are individuals or companies, and the profit it gains is forthat individual company. But they have to follow the rules of government. The growth andimportance of the private sector is tremendous for the economy of any country. Private sectoremerged for generating employment opportunities and increase industrialization. According to1956 resolution “industries producing intermediate goods and machine can be set up in theprivate sector. Private sectors works like the veins for the economy (Aula, 2010). All the privatesector companies work for their own profit. MAN is a private sector company of unitedkingdom, and introduced from 'MAN SE' corporation. Its a U.K. Based company and makeheavy vehicles bus, trucks. It also deals in field of used vehicle. Beside dealing in vehiclescompany works for financing, providing lease,and insurance solution for vehicles.Public sector- Public sectors companies are the essence of the economy which is ownedby government. Companies whose majority share's are on the behalf of the government andcontrolled by whether state, central government. Public sector companies works for the basic1
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