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Purpose of Private, Public and Voluntary Organisation : Report

   

Added on  2020-07-23

15 Pages5179 Words122 Views
Business and BusinessEnvironment

Table of ContentsINTRODUCTION...........................................................................................................................1Task 1 ..............................................................................................................................................1P1 Types and purpose of organization...................................................................................1P2 Size and scope of different types organization..................................................................2P3 Relations among different organisational purpose, their link with structures and objectivesTask 2..........................................................................................................................................5P4 Identify positive and negative impacts on macro environment.........................................5P5 SWOT analysis of Marks and Spencer.............................................................................8P6 Interrelationship with strength and weakness and external macro factors........................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11

INTRODUCTIONBusiness environment is the sum of all external and internal factors which affects the working ofthe business. Factors of the external environment not only affects the working of the organisationbut also it affect the internal factors. External factors includes political, social, technological andeconomic. On other hand, internal factors includes the factors such as customers, employee’s,competitors etc. Mark and Spencer is multinational retailer which deals in selling of clothes,home products, luxury food products. It also deals in selling of the branded products. It is thecompany which has deep knowledge of the concepts of business environment. In this reportexplained about the purpose of private, public and voluntary organisation and their legalstructure, size and scope of private, public and voluntary sector, positive and negative impact ofmacro environment on business operations, PESTLE and SWOT analysis.Task 1 P1 Types and purpose of organizationThere are mainly three types of organisation which are: private , public and voluntary.Private sector: It covers the big sector in national economy and also not under the control ofgovernment. But the government has certain power that it can impose some restrictions onworking of the companies of private sector. It works for development and earn high profit byproviding good services to customers.The private enterprises are the part of national economy. It includes the personal and corporatesector companies which are responsible for allocating the resources in economy.Marks and Spenser is the private company ans its main purpose is to satisfy the needs of thecustomer by providing them high quality of goods. The major products which are provided bythe company are food, accessories, clothing and home items. The main objectives of thecompany are:To increase the profit level by giving good servicesTo regain the highest position in field of clothing and food items.To increase the sales and goodwill of the company.To earn profit for investors and shareholders.Legal structure of Private sector: It includes partnership, sole trader, limited companies andcooperatives.1

Partnership: It means joining of the two or more persons for the purpose of forming thecompany to make profits. It is regulated by the partnership law.Sole trader: It is the type of business which is controlled by the single person. In thisbusiness there is no required to make the accounts.Limited companies: These companies are operated by the shareholders. These firms aremanaged by not more than 50 share holders.Cooperatives: In this business all control is under the hands of members.Public sector: public sector is the which part of the economy which provides the governmentalservices. The composition of this sector varies with country but mainly it includes military,police, infrastructure, public education etc. Public sector industries are providing Healthcare toeducation, social care to housing facilities also. Public sector organisations are setup underspecial acts and by parliament. For ex. NHS was established under National health service act,1946.Public sector companies are part of national economy which are providing basic goods andservices which are not provided by private companies. It includes national and localgovernments, agencies and their charted bodies.Requirement to setup public company are described below:There are at least minimum two shareholdersTo form public company required at least two directorsMinimum authorised and allotted share capital of£50000 is required to setup publiccompanyPublic company have right to offer their shares to public for subscriptionA company is need to have certificate from Registrar of companies verifying sharecapital requirement of company.Kent county council is the big organisation which governs most of the county of Kent inEngland. This council is mainly responsible for providing the public services such as education,transport, emergency services etc. Objectives of the councils are:Its purpose is to provide the educationTo aware the general publicTo provide transport services2

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