Business and Business Environment

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Added on  2023/03/24

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This presentation discusses the nature of business environment, including internal and external factors. It also analyzes the size and scope of private and voluntary organizations, focusing on Marks and Spencer and Oxfam. Additionally, it explores the relationship between organizational functions and goals.

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BUSINESS AND BUSINESS
ENVIRONMENT

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INTRODUCTION
Business and business environment are the internal and
external factors of the organization which beyond control
which comprises customers, management, employees etc.
The company serves its services across the globe and has
approximately 1433 stores worldwide.
It will outline the scope and size of M&S in comparison to
voluntary enterprise which is Oxfam the charitable
organization of UK.
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BUSINESS ENVIRONMENT
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The purpose of private, public and voluntary
organization and their legal structure
Basis Private Public Voluntary
Purpose The ultimate purpose of
the private organization is
to earn profits and
generate more and more
revenue by offering
services according
consumer's taste and
preferences.
Public organization work
for governmental services
are its main purpose is to
enhance and promote
economic development of
the country.
The purpose of Voluntary
firms is to serve services
in order to serve social
welfare and promote the
standard of living of
society that is why its
functions are concern with
social wealth instead of
material wealth and
profits.

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CONTD.
Basis Private Public Voluntary
Legal structure The legal structure of the
private organization is
based on employment
rights, consumers right and
safe regulations in
accordance to
environmental issues
(Week 2010).
The legal structure of
public organisation are
based on all the rights
which are enhanced to
protect the government
employees of UK.
Moreover, the legal
structure of public
organization offers very
simple working flexibility
to its employees.
Voluntary group in UK
follows three most
important legal structure
which comprises,
guarantee trusts and
unincorporated association.
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The size and scope of Marks and Spencer and
Oxfam
Basis Marks and Spencer Oxfam
Size The size of organization is not
limited as it every time focus on
expanding its market share and
services. The size of the enterprise
depends on its availability of
resources across the globe. There are
approximately 84,939. Number of
employees, employed and it has
1433 stores across the globe from
which 454 stores are located in
United kingdom.
In accordance to M&S the size of
Oxfam is limited as it is spreaded in
across the globe in 90 countries.
Further, it has 220 outlets with more
than 7000 volunteers.
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CONTD.
Basis Marks and Spencer Oxfam
Scope The scope of M&S keeps on
changing as per consumer
expectation and its sales. In addition,
the ultimate focus of the company is
based on serving customer
satisfaction and maximize profits.
Further, it is based on generating
more and more revenue.
It has launched the global movement
of eradicating poverty from the
country for which the company
provides clothes, shelter and food to
eat. The scope of the organization is
limited to its ultimate objective that
is serve social welfare. Further, it is
based on promoting the living
standard of people.

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Relationship between organizational
functions and its goals and mission statement
The business activities are depended on 3 basic structure
of the system which are as follows:
Functional structure: In this the organizational
functions is divided in separate departments' ion order
to eradicate the complexity of business operations.
Under this structure the departments of the enterprise
are, Human resource department, marketing
department, production department, sales department,
customer care department, and information technology
department.
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Divisional structure
In this structure, the
department of M&S are
individually responsible for
carrying out their operations.
The structure has its own
separate managers for every
functioning for which the
employees have to report
them individual about their
departmental functions.
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Matrix Structure
This is implemented in the organization as it provides the
flexibility of business operation which ensures effective and
efficient functions.
In this system the management divides the work according to
skill's, capabilities of employees.
Teaming up staff according to their comfort level helps the
management in overcoming the internal weakness which can
hinder the business operations.
The ultimate objective of implementing this system in Marks
and Spencer is to make employees clear about one common
goal which is same for all

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CONCLUSION
The report summarized the nature of business
environment which internal and external factors of
the organization.
The presentation analyzed the size and scope of
private and voluntary organization which states that
the ultimate objective of M&S is to serve consumer
friendly services and maximize profits.
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REFRENCES
Blut, M., Evanschitzky, H. and Brock, C., 2014. The impact of
service characteristics on the switching costs–customer loyalty link.
Journal of Retailing. 90(2). pp.275-290.
Chavis, L.W., Klapper, L.F. and Love, I., 2011. The impact of the
business environment on young firm financing. The world bank
economic review. 25(3). pp.486-507.
Lorca-Susino, M., 2014. The Eurozone and the economic crisis: an
innovative SWOT analysis. Economics, Management and Financial
Markets. 9(2). p.27.
Matsuno, K., Mentzer, J.T. and Özsomer, A., 2012. The effects of
entrepreneurial proclivity and market orientation on business
performance. Journal of marketing. 66(3). pp.18-32.
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THANK YOU
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