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Business and businessenvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1LO1 Different types, size and scope of organisation..................................................................1Task 2...............................................................................................................................................6LO2 Relationship in between the organisational functions and way they use to link with thebusiness objective and the structure............................................................................................6TASK 3............................................................................................................................................8LO3.............................................................................................................................................8Covered in PPT...........................................................................................................................8TASK 4............................................................................................................................................8LO4.............................................................................................................................................8Covered in PPT...........................................................................................................................8CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONAn enterprise is a term which all action of creating products and services is done in it.The environment of business is an important term it can influences the firm directly andindirectly in any way. An entrepreneur should know and consider about all the factors which isrelated to the business, that will help in getting success in business. Environment of business canbe divided in two ways which are micro and macro, both can effect the business environmentexternally and internally, even that can affect the business positively as well as negatively(Armstrong and et. al., 2014). In this report NATWEST company is been chosen it is acommercial bank which is situated in UK. The reader will get to know about different types ofbusiness and strength and weaknesses of the company. In this report micro and macroenvironment of company is been explained. TASK 1LO1 Different types, size and scope of organisation.Public sector organisationThese are those kinds of business which is owned and it is ruined by the governmentbodies of the place. This is owned for the public of the nation all their needs and wants is beenfulfilled by these company, they work for the general public and tries to provide them as much asprofit they can. Therefore they have various types of the regulatory bodies which are national,local agencies. These organisations have the power to make changes and create new laws andpolicies for the people (Aterido, Hallward-Driemeier and Pagés, 2011). That policies and ruleshave great influence in every bodies live so that has to taken by those bodies very carefully andafter studying properly. They do not run basically for gaining profits to their own. They arerequired to make something which will help the general people which are in the nation so thatthey can be able to take some of the benefits. There are two different forms of the public firms that are:1
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