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Business and Business Environment Assignment - McDonald's

   

Added on  2020-10-22

17 Pages5067 Words56 Views
BUSINESS AND
BUSINESS
ENVIRONMENT
Business and Business Environment Assignment - McDonald's_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Various types, purpose and legal structure of different organisations..............................1
P2 Size and scope of range for different companies..............................................................3
TASK 2............................................................................................................................................5
P3 Interrelation among different organisational functions and their link with organisational
structure and objectives..........................................................................................................5
TASK 3............................................................................................................................................7
P4 Positive and negative impact of Macro-environment upon business operations..............7
TASK 4 .........................................................................................................................................10
P5 SWOT analysis to identify strengths and weaknesses....................................................10
P6 Interrelation of strength and weaknesses with external macro factors............................11
CONCLUSION..............................................................................................................................13
REFERENCES .............................................................................................................................14
Business and Business Environment Assignment - McDonald's_2
Business and Business Environment Assignment - McDonald's_3
INTRODUCTION
Business environment is defined as the sum total of all institutions, individuals,
resources and other forces which are not in the control of business organisations but still posses a
considerable impact on it. Appropriate business environment impacts the sustainability and
performance of a business which results in desirable outcomes (Ardichvili and et. al., 2012). This
assignment is based on McDonald's which is an America based fast food company,
headquartered in Chicago. Company was established in 1940. This report incudes different types,
legal structure and purposes of various kinds of organisations. Beside this, scope of range and
size of different companies are discussed. Also, link between different organisational functions
and their link with structure and objective of company are mentioned. At last, micro-
environmental and macro-environmental factors are discussed which specifies the business
feasibility along with strengths & weaknesses which defines the business viability.
TASK 1
P1 Various types, purpose and legal structure of different organisations
In business world, there are different types of organisations which are performing
business activities to attain their specific goals and targets. These companies have different legal
structures and purposes. In general, there are three kinds of business organisations which are
mentioned beneath:
Public organisation: These kind of businesses are operated and owned by governmental
authorities for the sake and welfare of citizens. Their main aim is to provide services to people
without considering their own personal interest. These organisations manage their funds through
financial transfers, taxes and fees. One example is Crown prosecution services which is a public
prosecuting agency managing criminal procedures in UK. Organisation was formed on 1986 and
headquartered in London (Bah and Fang, 2015).
Purpose: Major purpose of this company is to offer legal advice to investigation agencies
and police force during criminal investigations. This agency helps in deciding whether an
individual should be charged as a criminal or not. Legal structure: Different legal structures associated with public organisations are
mentioned below:
1
Business and Business Environment Assignment - McDonald's_4

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