logo

Business and Business Environment

   

Added on  2023-01-19

17 Pages4755 Words42 Views
Business and business
environment
Business and Business Environment_1
Table of Contents
INTRODUCTION...........................................................................................................................1
LO 1.................................................................................................................................................1
P1) Explain different types and purposes of organisations; public, private and voluntary
sectors.....................................................................................................................................1
P2) Size and scope of a range of organisation........................................................................3
LO 2.................................................................................................................................................5
P3) Different organisational functional..................................................................................5
LO 3.................................................................................................................................................7
P4) Positive and negative impacts of macro environment.....................................................7
LO 4.................................................................................................................................................8
P5) Analysis of internal and external strengths and weakness...............................................8
P6) Interrelation of strengths and weaknesses with external macro factors.........................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
Business and Business Environment_2
Business and Business Environment_3
INTRODUCTION
Business environment is a vast concept which includes all the internal and external
factors of an environment which directly or indirectly have impact on operations and functions of
an organisation. Internal factors of business environment include those elements that exist within
or inside the organisation like owners and shareholders, board of directors, employees,
organisational culture, etc (Yamamoto and Zhi, 2019). While in external environment all the
factors which exist outside the firm are included like political, social, technological, etc. For this
assignment Clarks ltd is taken as private firm, BBC is selected as public sector organisation and
Save the children is a voluntary organisation of UK. This assignment includes an overview of
different types of organisation and their size and legal structure. Relation between different
organisational function and organisational structure is also included. At last use of SWOT and
PESTEL analysis is also made to identify the positive and negative impact of environment on
business operations.
LO 1
P1) Explain different types and purposes of organisations; public, private and voluntary sectors
A business is basically an organisation where people work together to make or sell
product or services for earning profit or meeting any other objective (Boon and et. al., 2019). On
the basis of their purpose and origin organisation are classified into various types which are as
follows:
Public sector
Organisations in public sector are owned and control by government authorities and their main
purpose is to provide basic public facility to society which includes army, police, hospital,
education, public transportation etc.(Nikitina and Lapiņa, 2019).
Legal structure- These organisations are directly accountable to government and their rules,
polices and operations are decided and finalised by government or supreme authority of nation.
Public sector is further categorised into three types which are as follows: Central government- These organisations comes under the jurisdiction of central
government and their activities and functions are also funded by central government. State government- These companies are control and managed by government of a
particular state thus, their business operations are mainly limited in that specific state.
Business and Business Environment_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business and Business Environment
|16
|4997
|28

Marks & Spencer Business Environment Analysis
|13
|3801
|421

Business and the Business Environment - Toyota
|14
|3842
|173

Business Environment at Tesco : Assignment
|12
|4073
|586

Business Environment: Types of Organizations, Interrelationships, and Impact of Macro Environment
|12
|3290
|26

Business & the Business Environment.
|13
|4115
|25