Business and Business Environment of Mark and Spencer - Report
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Added on 2020-06-06
Business and Business Environment of Mark and Spencer - Report
Added on 2020-06-06
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BUSINESS AND BUSINESS ENVIRONMENTPage 1 of 16
Table of ContentsIntroduction................................................................................................................................3LO1 Explain the different types, size and scope of organisations.............................................3P1 Different types of organisations and the growth of the international businessenvironment............................................................................................................................3P2 Explanation of background details of the organisation.....................................................5LO2 Demonstrate the interrelationship of the various functions within an organisation andhow they link to organisational structure...................................................................................7P3 Functions the chosen organisations, using an organisation chart to show how thefunctions interrelate................................................................................................................7LO3 Using examples to demonstrate negative and positive influence over business operations....................................................................................................................................................9P4 PESTEL analysis of Marks & Spencer.............................................................................9LO4 Determining internal weaknesses and strengths and explaining interrelationship withmacro factors............................................................................................................................12P5 Internal and external analysis of the Mark and Spenser UK..........................................12P6 Explaining the strength and weaknesses that interrelates with the external macro factors..............................................................................................................................................13Conclusion................................................................................................................................14References................................................................................................................................15Page 2 of 16
IntroductionThere are the different type of organisations which are differentiated depending on theirpurpose and functions. However, these organisations are also interrelated to each other. Thedifferent type of organisations has their structure and their work procedures at different. Itcan be said that in this age of globalisation this different type of organisations is changingtheir pattern according to their customer's convenience. To this regard, it can be said thatdepending on the stakeholders and their response these organisations are changing theirorganisational policies. Finally, it can be said that the external business environmentinfluences the various type of organisations. Therefore in this study, the understanding ofdifferent type of organisations and their functions and their interrelationship with the businessenvironment will be explained.LO1 Explain the different types, size and scope of organisationsP1 Different types of organisations and the growth of the international businessenvironment. Private organization- The private organisation or company refers to an organisation whichis owned by an individual or few individuals. The main purpose of this organisation is togaining profit from the business process. Most of the private organisations either have oneowner or few owners. The role of the shareholders is very important in the privateorganisation. However, it can be said that the private organisations have their share in themarket and the shareholders of these organisations are associated with selling and purchasingthese shares (Ojha, 2014). The private organisation can be build up by Corporation, a person,a partnership, Association or agency. However, finally, it can be said that the privateorganisation is not part of the Government of the country it is mainly privately owned. Inaddition to that, the individual organisations can be both profit and non-profit organisation. Itcan be said that the retail stores, local businesses, credit unions are examples of a privateorganisation (Saleh, 2015). The growth of the private businesses in the international environment is flexible if enoughinvestment or financial backup is possible. However, a private organisation can successfullydevelop their strategy for outside the national boundaries depending on the laws of thosecountries. However, there are few challenges they might face in the international bordersPage 3 of 16
those are related to language, human resource, etc. However, with collaborating with theprivate organisations in the International boundary, they can easily cope up with thesechallenges and expand their business for developing an international customer base (Ojha,2014).Public organization- A public organisation is part of the government. The governmentdevelops the public organisations and run for the Welfare of the society. It is operated by thegovernment of the organisation which can be part of any type of government like the Federalgovernment, rural state, local government, etc. However, it can be said that the public sectoris referred to the educational organisations, police services, Healthcare services and othercentral government departments. The public organisations are mainly associated with thedevelopment of the country and providing the public of the country all the facilities theyrequired (Nuottila and Kujala, 2016).The expansion of a public Organisation in the international boundaries is related to thedevelopment of the country. However different banks which are publicly owned in the UnitedKingdom has expanded their business in the international boundaries for gaining more profitfrom other countries and contributing the profit to their country's development and growthprocess. However, if a public organisation wants to expand in international boundaries, theyhad to collaborate with the Government of those countries for the expansion process(Denhardt and Catlaw, 2014). This process is a most complicated process for expanding thebusiness because it takes a lot of time and a good relationship between those countries.Voluntary organizationThe voluntary organisation is a different type of organisation which is associated with onlythe development of the state. However, these organisations are developed by volunteers withwho share the similar belief and together in develop a group for the development of thesociety. Most of the time staff of these organisations and not have to pay. These organisationscan develop with self-governance or can be funded by trustees (Mohiuddin and Dulay, 2015).However, the voluntary organisations are mainly known for their not for profit organisation.These organisations are being also funded by government sometimes. In addition to thatcommon interest in the members of this organisation provides them with a specific place inthe country sometimes the voluntary organisations and not always legally structured.Page 4 of 16
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