Business and Business Environment - Morrisons
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Added on 2020-11-23
Business and Business Environment - Morrisons
Added on 2020-11-23
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Business andBusiness Environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purposes of organisation.........................................................................1P2 Size and Scope of various types of organisation....................................................................3TASK 2............................................................................................................................................5P3 Relationship between various functions of organisation in respect to objectives..................5TASK 3............................................................................................................................................6P4 Positive and negative impact of macro environment upon business organisation.................6TASK 4............................................................................................................................................8P5 Internal and External analysis to strengths and weakness of organsisation...........................8P6 Interrelation of Strength and weakness with external Macro factors.....................................9CONCLUSION..............................................................................................................................10REFERENCES .............................................................................................................................11
INTRODUCTIONBusiness environment includes different forms of organisation and components whichinfluence operations. Investors, management, suppliers, employees, customers andcompetitors are various intrinsic components which directly influence functioningof firm. Government, environment, social and technological are extrinsic elementswhich indirectly affect business activities (Business environment. 2018). Present report isbased on Morrisons which is famous retail store headquarter in London. This assignmentspecifies information about different types and purposes of organisation which have vary inaspects of size, scope, structure and objectives. There are various functions which haverelationship between each other and help management achieve goals. Macro environmentcomponents positive and negative impacts are acknowledged by seniors. Internal and externalanalysis is conducted by administration to anticipate interrelation of strengths and weakness ofsystem with macro environment elements.TASK 1P1 Different types and purposes of organisationNon-government and non-profit organisation are various companies which arestarted and managed by individuals to deliver appropriate products and services inmarket. It is essential that variety of things are provided in respect to demands ofpeople (Li and et. al., 2011). Basis ofComparison NGONPOFor Profit MeaningNongovernmentorganisationareenterprise which areoriginated and regulatedby single persons toprovide variety ofproducts and services inrespect to needs anddemands of public. Non-profit organisationinclude firms whichdeliver items in markettoaccomplishrequirements ofcustomer. This helpexecutive generateadequate revenue whichis invested in business. Companies which arestarted by individuals toutilise funds and conductappropriate businessoperations and deliverappropriate things inmarket to get good amountof profit from business. 1
Area ofOperations NGOs executes largemeasure of activities. Limited scale ofactivities are conductedby NPO.Limited and large scale ofoperations are executed byfirms. Objectives Prime goal of this sectoris to develop and improvesociety which help inenhancement of economyof nation. Promote art, scienceand commerce is mainaim of this sector. Increase customer base andsales which helpbusinessperson generatelarge amount of revenue ismain purposeofMorrisons. Private organisation: This sector comprises firms which are monitored and regulate bysingle person. Businessperson invests funds and has adequate resources to execute appropriateactivities and deliver items and services in respect to needs and demands of people. Morrisons isprivate enterprise which provides different variety of food, home appliance and various otherproducts in their store. This helps public to purchase things in according to their taste andpreferences.Purpose: Private organisations are firms which are owned and run by entrepreneur withmotive to gain appropriate revenue from business by using funds. Morrisons provides differentvariety of products to accomplish requirements of people. This helps management to improvemarket reputation and profitability (Vaiman, Sigurjonsson and Davidsson, 2011). Public organisation: This aspect includes enterprise which are managed and controlledby state and central government. These firms are established by authorities to provide items andservices to people to fulfil their demands and needs.Purpose: Regulator bodies execute activities for welfare of society by delivering appropriatethings in market to accomplish their requirements. Along this, employment opportunities areincreased which give chance to people to gain money for maintaining livelihood (Wack, 2017).Voluntary: This tactic includes organisation which are started and established byindividuals to enhance and society and sections which are not developed. Business operations areexecuted effectively which help person to solve difficulties and problems which are present inmarket.2
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