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Business and Business Environment Report - M&S

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Added on  2020-07-22

Business and Business Environment Report - M&S

   Added on 2020-07-22

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Business and Business
Environment
Business and Business Environment Report - M&S_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Types and Purpose of private, public and voluntary organisation and their legal structure. .1
P2 Size and scope of different organisations..............................................................................5
TASK 2............................................................................................................................................6
P3 Interrelation between different organisational departments and their link to objectives.......6
TASK 3............................................................................................................................................9
P4 Positive and Negative impact of macro-environmental factors.............................................9
TASK 4..........................................................................................................................................10
P5 SWOT analysis of organisation for identification of strength and weaknesses...................10
TASK 5..........................................................................................................................................11
P6 Interrelation of strength and weaknesses with macro-environmental factors......................11
CONCLUSION..............................................................................................................................12
Business and Business Environment Report - M&S_2
INTRODUCTION
There are different types of organisations are working in business environment. All the
organisation have their different objectives according to their nature and legal structure. As per
their nature such organisations are classified as public, private and voluntary. To attain success in
their operations, management of all the organisations is need to consider the macro-
environmental factors. Such different factors are named as political, economical, social,
technological, legal and environmental etc. It provides the opportunity to manager is to formulate
new strategies and business plan which helps accomplishment of organisational objectives.
PESTLE analysis is the effective tool which helps in removal of their weaknesses and improves
their strength regarding satisfaction of the different demands of customers. M&S is British
multinational retailer in London (Avramenko, 2012 ).
In the present report explain about, Different types of organisation like public, private ,
voluntary and their legal structure, Size and scope of different types of organisation, relationship
between different organisational functions and its link with organisational objectives and
structure. Also, through PESTLE analysis evaluate the positive and negative impact of external
environmental factors, application of the tool of SWOT analysis to identify strength and
weaknesses and interrelation of strength and weaknesses with external macro-environmental
factors.
TASK 1
P1 Types and Purpose of private, public and voluntary organisation and their legal structure
M&S is multinational retail organisation which serves their business activities in all over
the world. It was founded in 1884 in UK. This organisation is deals in diversified products which
includes clothing, home products and luxury food products. The total number of which are
possess by this organisation within UK are 979. There are many competitors are persist in market
which deals in retail sector and have significant impact upon their business activities. The major
competitors which prevail in market includes ASDA and Tesco.
Introduction
Business and Business Environment Report - M&S_3
M&S, NHS and Oxfam are three different sector organisation. In this part, their purpose
and legal structure is defined with respect to their different advantages and disadvantages.
Difference between For profit, Not-for-profit and Non-government organisation
For profit Not-for-profit Non-government
organisation
The main aim of such
organisation is to earn large
number of profits
Their main is to provide their
business activities for the
development of economy of
country
They provide their business
activities to provide benefit to
society
Such organisations are known
as private
These companies are called
public
These organisation are known
as NGO
For ex. M&S For ex. NHS For ex. Oxfam
In business environment, organisation are classified into three different sectors such are
known as private, public and voluntary. All the different sectors have their different purpose and
legal structure which is need to fulfil for performance of their business functions. All such
different sectors are defined below:
Private sector
It is important part of economy which is run by the private individuals or group for the
purpose of earning huge amount of profits for the purpose of satisfaction of the requirements of
their different stakeholders (Bovee, Thill and Raina, 2016). Upon the business operations of
private organisations, there is no control of governmental authorities. Still there are many
restrictions are imposed by state authorities which directs the business activities of organisations
which are comes under the purview of private sector.
M&S is multinational retailer which deals in diversified products such as clothing, home
products and luxury food products. This organisation is founded in 1884 in UK. This
organisation has more than 979 stores in UK from which 615 indulge in the business activity
regarding selling of food products.
Purpose of M&S
The main purpose of M&S is to become multi-channel retailer and attains sustainability
in their operations internationally
Business and Business Environment Report - M&S_4

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