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Assignment on Business Environment : Marks & Spencer
20 Pages6078 Words395 Views
Added on 2020-12-29
Assignment on Business Environment : Marks & Spencer
Added on 2020-12-29
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Business and Businessenvironment
ContentsINTRODUCTION ..........................................................................................................................3TASK 1 ...........................................................................................................................................3P1 Types and Purpose of private, public and voluntary organisation and their legal structure...3P2 The Size and scope of a range of various types of organizations...........................................7TASK 2............................................................................................................................................8P3 Interrelation between different organisational departments and their link to objectives........8TASK 3..........................................................................................................................................10P4: Positive and negative impact of macro environmental factors upon the business. ............10TASK 4..........................................................................................................................................13P5 Internal and external analysis of particular organizations....................................................13P6: Interrelation of weakness and strengths with macro environmental factors.......................14CONCLUSION .............................................................................................................................15REFERENCES .............................................................................................................................17
INTRODUCTION Business environment is considered as the sum total of internal as well as external factors thatdirectly influences the performance of business. Business environment is also refers as thecombination of various factors and forces which affects an organizational ability to maintain orbuild an effective customers relationship. The concept of business environment is determined asthe most important aspect of an organization as the each activity of the firm is managed as perthe organized business plan. In this particular report Marks and Spencer is the selected firm,which mainly deals n luxury food products, clothing and home products. This report contents thestudy about the different type and purpose of the organizations, a proper description about thesize, scope and type of business are discussed. A clear vision about the internal as well as theexternal factors that influences the performance of business in positive as well as negativemanner. The internal and external analysis can be done through analyzing the strength andweaknesses of the firm in effective manner. TASK 1 P1 Types and Purpose of private, public and voluntary organisation and their legal structure.In this modern and competitive business era, organizations are work for attaining somegoals and objectives which are predetermined in nature. The major purpose of each small as wellas large business enterprises is to attaining high growth and profitability through satisfying theneeds and wants of people at market place. There are different kinds of organizations whosepurpose, scope and mission are different from each other in the terms of profit and serviceaspects. The growth and development of small and large business organizations are connectedwith the economic development of the country’s economy. The organizations are categorizedamong three major types like public, voluntary and private business firm, that are described asunder: Basis ofComparison For Profit NPONGO
MeaningThese kinds of organisationsare based on generatingmore profit through offeringvariety of services to theirpotential customers. Themajor purpose of this typeof firms is to attaining highprofitability by satisfyingcustomers needs. This sort oforganisations is workfor social welfare inthese organisations isnot concern about theprofit. It considered as a nongoverning body whichare focused on offeringeffective health carefacilities to the people.In this volunteersfirms, NGO’s areincluded. AreaofOperations It operates its businessactivities as a large businessfirm in terms of capturing awide area of market. These organisationsare rare and work forproviding significantgrowth. This is large in nature. Objectives The major objectives of thefirm are to gaining theattention of customers byoffering variety of productsand services. It is set up toproviding socialwelfare services to thepeople and works bycharity. Their potentialobjective is torendering properservices to the peoplein respect to reachingat potential goals. The purpose and the legal structure of the firms are described as under: Public Sector organizations: These sorts of organizations are concern on offering appropriate products and services tothe people without any consideration of profit and growth. These kinds of firms are work asglobal level and widely operated and controlled by government bodies. National Health Servicesis considered to be the popular public organisation within UK, the company is concerned onoffering health care services globally. Purpose of NHS: Provide better or beneficial services to the needy individuals of society.
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