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Business And Business Environment : Iceland Foods Ltd

   

Added on  2021-02-20

18 Pages5138 Words65 Views
Business AndBusinessEnvironment
Business And Business Environment : Iceland Foods Ltd_1
Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purpose of public, private and voluntary organisation and legalstructure ......................................................................................................................................1P2 Scope and Size of a Iceland, Iceland and Welcome Trust....................................................3TASK 2 ...........................................................................................................................................6P3 Relationship between various organisational functions and their relation to organisationalobjectives and structure...............................................................................................................6TASK 3............................................................................................................................................8P4 Positive and negative impacts of macro environment on business operations of IcelandFoods Ltd ...................................................................................................................................8TASK 4..........................................................................................................................................10P5 Internal and external analysis of specific organisations in order to identify strength andweakness .................................................................................................................................10P6: Strengths and weakness interrelate with external factors...................................................11CONCLUSION .............................................................................................................................12REFERENCES .............................................................................................................................14.......................................................................................................................................................15
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INTRODUCTION Business environment refers as a combination of external and internal factors thatimpacts on operating situation of an organisation. In simple word, business environmentintroduces to the surroundings and the internal and external factor of enterprise which influencethe business. It includes different factors which impacts on business decision and operationswithin an organisation (Ojala, 2016). These factors includes the customers, government, demand,employees, laws, governments and other which influence the decision of the business. Thisreport is based on three organisation which is private, public and voluntary for example: Iceland,BBC and Welcome Trust. Main purpose of this report is to identify different types, scope andsize of organisations. Legal structure of private, public and voluntary sector will be included inthis assignment. Interrelationship between different functions of an enterprise with its link toorganisational objectives and structures is also included in this report. SWOT and PESTLEanalysis and their relation with them in also covered in this project. Both type of model havebeen impacted on decision making power of manager within an organisation. TASK 1P1 Different types and purpose of public, private and voluntary organisation and legal structure There are basically three types of organisation which is private, public and voluntary. Allthese form of enterprise will be explained in detail manner with its purpose and legal structure. Private sector:It introduces as a main part of economic system of country that is run by individuals andbusiness rather than the government (Savrul and et. al., 2014). Main intention of this sector is togain maximum amount of profit. Iceland Foods Ltd is a chosen private sector organisation whichis a British super market chain in Deeside, Wales, UK. Purpose of Private sector: Main purpose of Iceland Foods Ltd is to increase their profitability and market share byproviding quality products at affordable price to the customers. Types of business in private sector:Private sector have mainly three types of legal structure which are determined as under: 1
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