Business and Business Environment - M&S Assignment

Business and Business Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Types of Organization and its legal structure........................................................................3
P2 Size, scope of different kinds of organization......................................................................4
P3 The relationship between different organisational functions and their link with
organisational objectives and structure.......................................................................................6
P4 PESTLE analysis that helps to understand macro environment factors................................7
P5 Internal and external analysis of organisation to identify their strength and weakness.........9
P6 Strength and Weakness inter-connected with external macro factors.................................11
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................13

INTRODUCTION
Business is refer to a function that is done by a single or a group of individuals so as to
earning money or living their life without any difficulty. Whereas, combination of internal and
external factors that affects the whole profitability and performance of organisation termed as
business environment. Chosen organisation for this report is M&S that is a multinational fashion
and clothing products retailer along with headquarters are located in London, UK. This
assignment will discuss about the different type, size and scope of organisations along with
interrelationship between different departments and how they supports the organisation in
achieving organisational objectives (Al-Araki, M., 2013).. In addition, for determining Positive
and negative influence on business operations PESTLE analysis will be conducted in this report.
For determining strength and weaknesses SWOT analysis will also prepared in this assignment.
TASK 1
P1 Types of Organization and its legal structure
Various organisations are exist in marketplace i.e. public, voluntary or private whose
purposes and goals are varies due to their size, scope or legal structure. Some organisations
mainly performs their functions so as to earning money whereas, some other operates their works
in order to fulfilling requirements of customers. Purposes of different organisations along with
legal structures are given as below:
Public Organisation (BBC)
Public are those organisations that are solely owned by government and have authority of
trading their shares freely in Public. Purpose of these organisation is to satisfying the needs of
customers instead of making profits. Taken firm for this type is British Broadcasting corporation
which is a public service broadcaster along with headquarters are situated in Westminster,
London (Abraham, S., 2013). Purpose of BBC is to providing impartial news and information to
citizens of UK along with regions so as to developing the economy of UK throughout the world.
As BBC is a public organisation then they have to follow legal structure which is applicable on
Public firms. Legal structure of BBC is given as below:
Legal structure
 Local government – It is also called local authority who have right to maintain
broadcasting services within a particular boundaries such as district or town.

 State government – This is a governance structure that is basically designed for
managing broadcasting services in a specific area of state.
 National government – In it, legal formalities and policies are made by directors so as to
maintaining code of conduct in broadcasting services across the nation.
Private Organisation (Marks & Spencer)
These firms are owned or controlled by private owners who have no right to sell their
shares directly to public. Purpose of these kind of associations are to making profits through
satisfying the demand of customers. M&S is the taken organisation for this kind whose purpose
is to take competitive edge through fulfilling the luxury requirements of customers.
Legal structure
 Sole proprietorship – This is an easiest structure in which an individual is the sole
person who have right to make decisions for the profitability and sustainability of
organisation. Along with it, a few investment is required in order to establishing firm in
this kind of structure.
 Partnership – Generally, for establishing organisation in this kind of structure two or
more individuals are required who are mutually consent with each other so as to facing
loss or earning profits.
Voluntary (World Vision International)
These organisations are specially formed for removing inequalities from society along
with their main purpose is to improve standard of living of those individuals who are unable to
arrange needy things which are important for living life without difficulties (Al-Araki, M.,
2013). Taken organisation for this kind is World Vision International whose main purpose is to
remove poverty from the UK nation. Legal structure of voluntary firms are given as below:
 Trust - These structures are generally establish for managing money or property for a
certain purpose. Three parties are generally included in this structure i.e. trustees,
beneficiaries and donors.
 Association: In it, a group of individuals comes and performs duties so as to achieving
predetermined goals without making any profits from activities.
P2 Size, scope of different kinds of organization
Private (M&S)