Business Environment: Assignment

Added on - Dec 2020

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BUSINESS ANDBUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types of organizations.............................................................................................1P2 Size and scope of various organizations................................................................................3TASK 2............................................................................................................................................3P3 Structure of an organization and interrelationship between various organizational functions.....................................................................................................................................................3TASK 3............................................................................................................................................3P4 Positive and negative impact of macro environment on organization...................................3P5 SWOT analysis of an organization........................................................................................6TASK 4............................................................................................................................................6P6 Interrelationship between micro and macro environment.....................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................7
INTRODUCTIONBusiness environment is all about study of various factors which is affecting companyperformance in various manner. For example; company is getting influenced by changes whichincurred in political norms as company needs to design their policies according to requirement(Fernando, 2011). Basically, various types of organizations are identified in corporate world andall of them are having distinct in terms of purpose, objectives, size and scope. Thus, all theseelements are discussed under this follow for understanding various types of companies which arefalls under various sections. For instance; private, public limited and voluntary. Basically, projectis based on ALDI which is a most famous retail organization engaged in offering grocery itemsto their desired consumers. Therefore various elements like; positive and negative influence ofmicro environment are also going to outlined in this project. Lastly, also focussing ininterrelationship between micro and macro environment in order to understand changes which isfaced by an organization due to fluctuation in these components.TASK 1P1 Different types of organizationsCorporate world has been classified into various sections which are having distinct inpurpose, size, scope, aims and objectives. In fact, all the corporations are having their reasonsbehind establishing business either they are small, large or medium. Thus, their properdescription are going to explained as below-Private sector-Companies whomsoever are having their aim to gain maximum profit bysatisfying customer needs and wants are falls under this category. In fact, they are also consideras profitable association but distinct in terms of size and scope(Hamilton and Webster, 2015).Basically, private organizations are classified into various parts such as; sole trader, partnership,limited company and franchisees. All of these types of organizations are having their own motiveand reason behind establishing business as well as follow different legal structure for runningtheir business operations. Thus, proper description of various private sector companies aredescribed as follows-Sole trader-If an organization is going to run by a single owner and he/she is liable forall the profits and liability then these type of associations are known as single trader. Forexample; beauty parlour, plumber, general store and so on.1
Partnership– As per this type if two members or more than that are engaging in openinga business as well as profits or liability amongst them are known as partnership. Alongwith this, they need to follow deeds of partnership act by fulfilling all the major termsand conditions for controlling probabilities of mistakes and errors. For example; ALDI isa major example of partnership as this organization was launched by two successfulbrothers.Limited organization-In this organization various members are engaged for opening anenterprise such as; shareholders, partners, investors and so on. All of them are investingin company for gaining competitive advantage as well as high level of profits(Klapper,Lewin and Delgado, 2011). In fact , private limited companies needs to follow properrules and regulations which is set of legal bodies for controlling probabilities of wrongfulactivities. In fact, these companies are having their maximum branches across the bordersin order to generate maximum profit by satisfying clients needs or demands. Forexample; ALDI is now having almost 10000 stores around the nation with variousmotives and gaining high level of advantage by grabbing international opportunities.Public sector-These organization are established for facilitating society with bestservices in order to uplift entire nation. Their main objective is to develop the community byprotecting all the public places, redesign the infrastructure and offer basic needs to the overallsociety. basically, these organizations are run and controlled by governing bodies as well asfunds are provided by government for maintaining the overall nation. For instance; maintenanceof public toilets, defence facility which is provided by government for preventing their nationfrom any criminal activities, police for controlling wrongful activity at marketplace henceforth. Itmeans, these associations are directly connected with government. For example; NHS is a mostsuccessful health care organization which was emerges for facilitating entire society and weakersections of society for getting rid from dangerous diseases in free charges. Hence, publicorganization are also known as non-profitable as they main motive is to facilitate entire societywith outstanding services(Osterwalder and Pigneur, 2010).Voluntary organization-Consider as charitable association by offering social services tothose people whosoever are not able to fulfil their basic needs. These organizations are engagedin offering best social facilities to poor people in order to prevent society from various dangers.Along with this, Britishers wanted to enhance their whole nation by taking proper initiatives2
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