(PDF) Business Environment - Assignment
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Added on 2021-02-17
(PDF) Business Environment - Assignment
Added on 2021-02-17
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Business and BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Different types and Purpose of organisation.....................................................................1P2 Size and Scope of different types of organisation.............................................................3LO 2.................................................................................................................................................6P3 Relationship Between Organisational functions...............................................................6LO 3.................................................................................................................................................6P4 Positive and Negative Impact of macro environment on business operations..................6LO 4.................................................................................................................................................8P5 Internal and external and external analysis of organisation and their strength andweaknesses.............................................................................................................................8P6 Interrelation of strength and weaknesses with external macro factors..............................9CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONBusiness environment is a sum of all internal and external forces that affect activities ofbusiness. Factors in this include elements like, stakeholders, economic conditions, legal factorand other technological elements (Business environment. 2018). In order to sustain for long runit is important for business organisations to evaluate these factors and formulate strategiesaccordingly. In this project, Crown prosecution is selected as public organisation, TESCO inprivate sector and Oxfam in voluntary organisation. In this report discussions has been made ondifferent types and purpose of organisation with their size and scope. Along with this,relationship between different types of organisational functions and positive and negative impactof macro environment on business operations. Furthermore, interrelation of differentorganisational units and strength and weaknesses of macro environment has been included.Lastly, SWOT and PEST analysis of company is described in this report. LO 1P1 Different types and Purpose of organisationBusiness environment is a combination of overall internal and external factors that put negative and positive impact on their business functions. All these business organisation have theirseparate purpose and legal structure. In a business structure, there are many different types oforganisations which is mentioned below in descriptive manner:Private organisation: Private organisations mainly run their business operation in orderto increase their profit. Enterprises in private sector are owned and controlled by sole traders,partners,franchises and co-operators. Their functions are generally regulated by employment lawand company law. TESCO is a UK multinational retailing organisation founded in the year 1919.Company mainly deal in superstore, Hypermarket, supermarket and convenience shop. Purpose: TESCO is a world leading multinational groceries retailer company. Companyis headquartered in Welwyn Garden city, Hertfordshire, England with a core purpose to “ ServeShoppers a little better every day”. Company believes to become the champion for theircustomers by proving them great quality products and help them to enjoy their life in bettermanner. Legal Structure: Private organisation legal structure includes:1
Sole Proprietorship: In this sector of private organisation, there is a sole individual who iswholly responsible to run and control their business unit while bearing loss and enjoy profit ofcompany on simultaneous way. Examples of sole proprietor include, Hairdressers, markettraders, Newsagents etc. Partnership: In this type of enterprises there are more there are more than one person whois responsible to run a business unit. In this type of business structure, there is an agreementknown as partnership agreement which is duly signed by actual partners who is authorized to runbusiness and invest capital as per according to deed. Examples of partnership include,Accountants, Doctors, teachers, veterinarians etc. Public organisation: Organisations working in public sector perform their businessfunctions in order to satisfy needs of consumers in best effective way rather than to generateprofit. Companies in this sector are regulated by governmental law as per according to theirfunctional geographical area. Crown prosecution services is an principle public prosecution non-ministerial government agency which was founded in year 1986 and headquartered in London,SW1H. CPS agency engage in the process of proving legal advices to investigative agencies andpolice departments. Purpose: Crown Prosecution Services is an independent criminal prosecution agency.Organisation perform their services with a core purpose which is to provide correct advices andensure that the right individual is prosecuted in right offence. CPS make sure that their lawyersmust abide Code for Crown prosecutors in order to prosecute a case for public interest. Agencyoffer their services in England and Wales. Legal Structure: Public sector legal structure include:State Government: In these types of organisational structure, state and national authoritiesshare legal and political rights. In this, state government govern their own own decision withouttaking and prior permission from central or federal government.Local Government: In this governmental structure, there are numerous local authoritieswho generally perform their basic activities in regional and local regional level. Central Government: It is the most supreme system of any country. Central governmentin United Kingdom hold absolute supremacy to make any formal decision in order to securenational security rights, treasury budgets and overall security of country and people formterrorism (Avramenko, 2012). 2
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