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Business and Business Environment Contents INTRODUCTION

   

Added on  2021-01-02

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Business and BusinessEnvironment

ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11 Types of organizations..............................................................................................................12. Size and scope of enterprises...................................................................................................23. Structures and functions of organizations................................................................................4TASK 2............................................................................................................................................61. Pestel analysis..........................................................................................................................62. SWOT and Porter’s five force.................................................................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONBusiness environment is the function which operates by the organization in the way of making business success. Business refers the human activity in company such as extraction or purchase, production or sales of goods and services that performed to earn profit or money. Thus, at the other side environment reflect wealth and success of firm businesses and its growth. It defines the external and internal elements that causing a business activity, it influences the whole working structure of firm and also to its management functions (Wetherly, 2014). Productivity, production, trading are the activity of successful company business. Workers and clients are the center of industry business environment through supporting and give feedback about the facilities of products. In this report will discuss about the different types and size of companies. It defines its various functions and structures will help to understand their services and activity better. In this study will also use PESTEL, SWOT and Porter's five forces to identify the strength, weakness, threats etc. about the company.TASK 11 Types of organizationsIn the world there are many kinds of companies that run its businesses by having varioustypes of functions and activities. All these firms are divided into three sectors: private sector,public sector and voluntary sector, they all are working with different purpose, size and scope. Itwill also define as profit, non-profit and non-governmental industries in business world. Profit/ Private Organizations: Private companies is owned and controlled by the privateenterprises or individuals (Morgan, Ensor and Waters, 2016). The aim of these companies is toincreased productivity and money or profit in its businesses through supply goods to people.Iceland is one of the biggest private companies in UK; it is a British supermarket chain base inWales. They supply frozen foods, prepared vegetables and meals and also non frozen items likemeat, dry or dairy products to people. Firm is profit making international organization that useddifferent techniques and tools to make the best goods which increase their earning cost more thanthe other companies. The main purpose of Iceland industry is to raise its business growth andproduction functions more than now. Expanding its business functions by successfully operatingcost of organization in effective way is the aim of this company. It also involved in retailbusiness market and has its own shares or funds with valuable production structure. 1

Private organizations run their business on the purpose of making money which make theirposition higher than the others. Iceland independently manage their operation and take decisionaccording to the situations.Non for profit/ Public organizations: Public companies are owned by the governmentand consist by the publicly funded enterprise, agencies and other entity that supply publicproducts and services. These companies are giving its facilities to people without making anyprofit in its businesses. Outsourcing process of firms will engage private industries to deliverproducts and facilities to its citizens. NHS is the example of Public Sector Company, it is anonprofit making government department based in England and founded in 5 July 1948. Theygive their healthcare services and facilities in society and also to other states of people’s. Themain purpose of this sector is to provide free health and social care facility like free dental andoptical that improved the conditions of permanent residents of UK. It builds its other goodhealthcare service centre in many states of country with the aim of making healthy environment.NHS is the private organization that have multiple objectives which they need to grab forincreasing profitability. They operating in many sectors within financial frameworks set bylegisalation.Non-governmental/ Voluntary organizations: Voluntary sector organizations are asocial welfare firm who has the rights of human and environmental protection group. British RedCross is based on charity function, it also called as non-profit and non- government sector. Thissociety is based in UK and founded in 1870; they give its services to citizens without earningmoney (Edwards and Hulme, 2014.). The motive of this center is to supply bloods to people whoneed it in its health care. It helps people in problems without knowing any details about them;they run their services successfully in all over the world. Red Cross operates its functions andhealth facilities without following any governmental structure of making profitability. It suppliesbloods in hospitals, private health care centers and small or big clinics. They have a lot ofvolunteers that support in running its services and facilities successfully at everywhere onrequired time. 2. Size and scope of enterprisesIn business or market place every organization has various scope and size in its businessesstructure. It includes many functions and departments that making profit and growth in sell areas.2

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