Assignment Business and Business Environment

Added on - 06 Jun 2020

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Business and businessenvironment
Table of ContentsINTRODUCTION...........................................................................................................................1PART 1: ESSAY.............................................................................................................................1P1 and P2 : Covered in PPT.......................................................................................................1P3 Different functions of organisations......................................................................................1PART 2: REPORT...........................................................................................................................3P4: Positive and negative aspects of micro environment...........................................................3P5: Internal and external analysis to determine its core strength & weaknesses........................4P6: Connection of above factors in the operation of M&S.........................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONThere are various kinds of organisation structure are used in order to have the business .However, these are divided into private, public and voluntary organisations. Businessorganisation are totally based on their operations. If the firm have charitable purpose then it ispresumed to be the voluntary organisation, private organisation are owned by the privatelyowned person. While the public organisation are those which is controlled by the government.Under this report, their size scope and relationship are also defined. With the help of macroenvironment factors, company can make environmental audit and internal analysis are to be donein order to make specific strategies.PART 1: ESSAYP1 and P2 : Covered in PPTP3 Different functions of organisationsOrganisation:it is a social unit which have lots of people and managed to meet theactivities to achieve the organisational goals. All organisations have different departments whichdetermines their relationship between different activities and members. It assigns the roles andresponsibilities to each member which they perform to achieve the targets.Organisation has various departments which operate individually to accomplish the targets.Functions of the different department are given below:Illustration1: Organisational chart1
(Source:Brandon Harper,2013)Human resource department:This department is responsible for manage the employees in the company. This the maindepartment which helps in determining the structure of the company. They have many functionsto perform which are:lRecruitment: To recruit the employees in the company and fill the important positions. Sothey are playing the important role of developing the employers workforce.lSafety: One of the major factor on which they give emphasis is safety of the employees inorganisation and also manage the company's workers and compensation issues.lCompensation and benefits: They also undertake the responsibility to give thecompensations and benefits to the employees according to their work.Accounts and finance department:This department is responsible to mange all financial issues in the company and tomange the transactions of the company. They also have the many functions to perform whichare:lCost control: It is the main essence of accountancy to control cost and report activities.lBilling and credit control: Another duty of the accounting department is to ensure that thecustomers pay their correct bill on time (Carlin and Schaffer, 2012).lInvestment appraisal: Another important work of the accounting department is toappraise the investments made by the individuals in the company and to calculate thereturn.Marketing:marketing department is responsible to make better customer relations. They also have toperform many functions which are:lFocus on customerlMonitor the competitionlOwn the brandlCreate new ideasPurchasing:This department is responsible to make the purchases in the company to regulate the businesseffectively. There are many more functions of the department are:2
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