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Business and Business Environment Assignment - UK retail sector

   

Added on  2020-12-18

12 Pages3857 Words130 Views
Business and Business
Environment

TABLE OF CONTENTS
SECTION 1....................................................................................................................................3
1. Different types of organisations ............................................................................................3
2. Size and scope of the organisations.......................................................................................4
3. Organisations structure and functions. ................................................................................5
PART 2...........................................................................................................................................8
A) PESTLE analysis of retail sector .........................................................................................8
B ) SWOT and porter five force analysis of UK super market ..............................................9
CONCLUSION............................................................................................................................11
REFERENCES ............................................................................................................................12

INTRODUCTION
Business environment is basically a combination of internal as well as external factors
which can influence the business operations of companies. There are two types of business
environment these are macro as well as micro. Macro environmental factors are those which is
not under the control of an organisation. It is the external variables in business environment
which effects an enterprise potential to develop as well as maintain strong relationship with
customers. Micro environmental is general small components which have significant impact on
an organisation capability to serve its customers.
In the section 1, essay will have focus on identification of different types of organisation
and their purpose. It will also emphasize on analysing the way different functions related to
overall business mission as well as objectives. Section 2 in the report will highlight the factors
which effects UK retail sector.
SECTION 1
1. Different types of organisations
Organisation is basically a group of people working together for achieving common
objectives. It can also be referred to as establishment of entity with the intention to execute
commercial practices for earning profit. Organisation is basically a structural frame work which
defines the roles and responsibilities of an individual working in it. There are different types of
organisation these are private, public and non-public and non-profit or voluntary organisation.
Private organisation also known as profit organisation, it basically owned, controlled
and managed by only one person. It is the business owner who is mainly responsible for all
profits and losses. Public organisation are generally owned as well as managed by government
in the nation, whereas non-profit organisation is voluntary organisation are managed as well as
controlled by trustees (Fernie and Sparks, 2018.).
The main objective of private limited organisation is to earn high profit and generate
revenues as opposed to the non-profit organisation which mainly concentrates on assisting the
society. On the other hand, public enterprise has focus on providing different and basic services
to people in the society.
Private sector organisation has concentration on earning high amount of money in
order to expand business operations. On the other hand, both public which is also recognised as

non-profit organisation and non-government enterprise requires only some amount of money
which is needed in order to fulfil the requirement of business operations.
The difference between the three that is non-government as well as non-Profit and
private enterprise is that the government or public organisation are funded by the legal
authority in the nations. On the other hand, non-governmental organisation is given funds by
people in the society. Private organisation is self-funded.
Example of profitable or private organisation includes Nexor, New Look. Etc. On the
other hand, the example of public limited organisation is Tesco which is Private. Whereas an
example of non-government organisation is national trust UK. British heart foundation etc.
For instance, The profitable or private organisation such as marks and spencer provides
all types of services such as food, home decors, groceries, clothing, furniture etc. The main
purpose of marks and Spencer is to earn high profit. Whereas, government or public
organisation provides basic services to public such as electricity, water, transportation etc. For
instance, The British Broadcasting Corporation (BBC) is a British public service broadcaster.
Business entity provides comprehensive TV, radio, and online services in Arabicand Persian.
The main purpose of this British Broadcasting Corporation (BBC) is to provide basic services
such as entertainment to public.
On the other hand, specialised services are provided by non -government to those people who
belong to poor background or requires specialised assistance. For instance, Child foundation, it
is the NGO In UK which provides free education to children belonging to the financially
backward family. The main purpose of child foundation is to foster development of children
belonging to poor families.
2. Size and scope of the organisations
Micro business is very small in terms of size, business operation and number of
employees. It is the type of enterprise which consist of ten people. In addition to this, the
turnover of micro business does not exceed to more than two million Euros. Micro business has
quite wide scope as wide range of business activities requires less sophisticated technology. In
addition to this, in context of UK , as these firms are high supported by government as they are
making the significant contribution to economic growth of nation.
Whereas, Small business are those business which has turnover of one billion dollars.
Business owner of this type of organisation obtain loan from bank or other financial institution

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