Business and business environment assignment PDF | Sainsbury

Added on - 21 Feb 2021

  • 19

    Pages

  • 6066

    Words

  • 6

    Views

  • 0

    Downloads

Trusted by +2 million users,
assist thousands of students everyday
Showing pages 1 to 4 of 19 pages
Business and BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purposes of organisations; public, private and voluntary sectors andlegal structures........................................................................................................................1P2 Explain the size and scope of a range of different types of organisations........................4TASK 2............................................................................................................................................5P3 The relationship between different organisational function and their link withorganisational objectives and structure..................................................................................5TASK 3............................................................................................................................................8P4 Identify the positive and negative impact which macro environment has upon the businessoperations...............................................................................................................................8P5 Conduct internal and external analysis in order to identify the strength and weaknesses11TASK 4..........................................................................................................................................14P6 Interrelation of strength and weaknesses with external environmental factors..............14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
INTRODUCTIONBusiness and business environment is an essential concept which is helpful to understandoperating regulation & makes out clear knowledge of how business uses to operates in definedbusiness environment (Business Environment,2019). In this, consideration will be given ondifferent organisational structure along with management of legal structure of to businessoperation. In the current era, business entities are doing far good, as business environment isdefined and well managed. This report will be carry on Sainsbury, which is the third largestchain of supermarket located in the London, UK. As, this firm is constitutes about 16.9 percentof the market share. This firm is well-known for its quality service or product which will begiven to customer or potential buyers. This report will be carry on the different types of anorganisation, whether, public, private and voluntary. Also, this report will be focus on size &scope of range of different types of an organisation. Also, assessment will also put light on Pestleand Swot analysis and strength & weaknesses of each and every external factors. Using thisassessment, critical analysis will be given priority to makes proper understanding of the Pestleand Swot analysis.TASK 1P1 Different types and purposes of organisations; public, private and voluntary sectors and legalstructuresInternational business is the platform, which has N number of firms or entities which arecurrently playing their roles or responsibilities so as to builds business functioning at theproactive side. In these level of platform, business firm would have to be think on growth as wellas potential of the business units to led correct decision making on business suitability for longertime. On an international level, different types of the business entities are existed and also whichare classified such as private, public and voluntary(Cavusgil and et. al., 2014). Theseclassification has its own structures, scope etc., with help of which correct would be get on howbusiness functioning works and what about its sustainability for business performances or goals.The classification of different types of an organisation are as follows:Private sector:It is wholly owned & managed by individual, firms, other private peopleor legal authorities. In different manner, private sector is also classified as sole traders, who usedto do their own business. Moreover, big difference between sole traders and private firms are1
also existed. The major behind is its own structure, where sole traders may be mini, but privatefirm has its own defined shapes, structures or size as per business hierarchical level. In thisregion, priority to the profit making is severe, as there is no specific investments fromgovernment firms or agencies. For private sector, sources of proper sources for funding areinvestors, financial institution or other business entity. In this add-on, private sector uses to ledpressure on an internal business environment, by their ups-down of business operation(Charter,2017).For example:Sainsbury is the perfect example of the private sector which has its owncustomer regulation and working structures.Legal structures:Legal structure of the Sainsbury is comprises of stakeholder, flatorganisation structures, panel of the 4 BOD and 2300 employee in this present time duration.Advantages of a flat organisation structure is effective communication channels and its majordisadvantage is rises in conflict within the department.The legal structure of the private companies:Sole traders:Those individuals are used to do their own businesses and sell goods orservices in lesser time period and is the sole bearer of all losses and profits of the firm. Soletrader are those who pay taxes out their own pockets. For example: Sir Donald medicose is thebest examples of the sole trader.Partnership:When any business is used to be started by two or more person to operatescommon business and shares profit as per capital invest in the business. A partnership is said tobe in existence when both the parties associated to it agrees to share the risk .For example: JohnLewis is the best example of the partnership. This business have been formed by 3 differentpeoples.Limited company:These types of an organisation are limited by shares, investment andalso capital invested into the businesses. Crown advocacy services are big examples of thelimited firm, which are limited byshares, investments and profits sharing.Public Sector:It is governed by different government bodies, agencies, public bodieswho have fully control of the government entity. The major aim is to give assistance for welfarework for people instead of making profit generation. These kind of business firms are democraticrole, in which every person have its own freedom to ensure about own decision making. Alongwith this, people of this firm have controlled and influences for its regulation, in such a manner2
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document