Business and Business Environment Assignment - ZARA, NHS and Oxfam
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Added on 2020-10-22
Business and Business Environment Assignment - ZARA, NHS and Oxfam
Added on 2020-10-22
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Business and BusinessEnvironment
EXECUTIVE SUMMARYThis report will entirely focus on overall business environment and its impact uponcompany's operations. Both external and internal factors have impacted upon strategical concernsof business firms. Different types of business organizations are also performing well in presentworld. Away with this, it is required for ZARA to properly analyse both macro and microenvironment so that maximum benefits it can gain right on time with the help of developingeffective strategies.
Table of ContentsEXECUTIVE SUMMARY..............................................................................................................2INTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................4P1 Different types and purposes of organisation.........................................................................4P2 Size and Scope of various types of organisation....................................................................5TASK 2............................................................................................................................................7P3 Relationship between various functions of organisation in respect to objectives..................7TASK 3............................................................................................................................................9P4 Positive and negative impact of macro environment upon business organisation.................9TASK 4...........................................................................................................................................11P5 Internal and External analysis to strengths and weakness of organisation..........................11CONCLUSION..............................................................................................................................13REFERENCES .............................................................................................................................15
INTRODUCTIONBusiness environment is being considered as both internal and external factors thatimpacts upon operations of a company. Employees, customers and managing team are some ofinternal elements and on the other hand, Government, rivals, public, economy, technologicalaspects and other elements comes under external environment which majorly impacts uponbusiness deeds. Away with this, it is essential for every single business organisation to developproducts and services according to needs of customers (Business environment. 2018). In presentassignment, firms which has been taken are ZARA as private, NHS as public and Oxfam asVoluntary organization that will help in understanding different types and purpose of companiesin United Kingdom. Along with this, interrelationship among functions of a companyhas alsobeen included. Report will also focus on both micro and macro environmental factors whichaffects business in both positive and negative manner are also enclosed with the assessmentwhich will help in understanding different concepts related to environment.TASK 1P1 Different types and purposes of organizationIn market, there are different types of organisation that are lead business to give productsand services to provide satisfaction and fulfil the need of the society. Government andindividuals are two major factors which begin and run firm to create cash and financial economyof nation. Away with this, these are various types of association which are expressed underneath:Private association: This division include firms which are developed and kept running byindividuals for making income. They builds business openings and delivers services so thatcustomers needs can be fully satisfied considering aim of earning profit. This outcomes intoupgrade in financial states of country and its economy as well. ZARA is private retail firm whichmanufacture Clothing products, individual consideration and different items to clients (Vaiman,Sigurjonsson and Davidsson, 2011). Purpose : ZARAs main objective is to Manufacture trendy clothes so that needs ofcustomers can be fully satisfied. This causes organization to improve its notoriety and picture inmarket in regard to equal brands. Public association: It is another part which is supported and directed by government forimprovement of nation. A number of Public projects, elements and administrations are given by4
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