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LO1 1 P1) Explaining the different types of organisations

   

Added on  2020-12-10

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Business and businessenvironment
LO1 1 P1) Explaining the different types of organisations_1
Table of ContentsINTRODUCTION...........................................................................................................................1LO1..................................................................................................................................................1P1) Explaining the different types of organisations ..............................................................1P2) Explain the size and scope of the different types organisations .....................................3MI) Analyse how the structure, size and scope of different organisation link to the businessobjective ................................................................................................................................5LO2..................................................................................................................................................5P3) Discuss the relationship between different organisation functions and how they link withorganisational objective and structures..................................................................................5M2) Analyse the advantage and disadvantage interrelationships between organisation functionand the impact of organisation structures...............................................................................7LO3..................................................................................................................................................7Identifying the positive and negative impact on macro environment....................................7LO4..................................................................................................................................................9P5) Presenting strength and weaknesses of Halifax bank Ltd................................................9P6) Strength and weaknesses interrelate with external macro factors.................................11CONCLUSION .............................................................................................................................13REFERENCES..............................................................................................................................14
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INTRODUCTIONBusiness environment is very important for every organisation it provides the variousopportunities in several department like purchase, production, sales of good and services. It isvery help for economic growth and its providing lot of jobs opportunities. According this files itincludes the various types of organisation structures, functions, size and scopes. It also explainsthis report the purpose of different types of business enterprise and also describing differentobjective that meet from corporation ( Mills, and et.al, 2016). This file also mentions thestrength and weaknesses of the Halifax bank and it also shows the impact of external business.The main aim of this report to explain all thing which is exit in business environment. It is veryhelp for growing business. Business environment is referred with the political, economical, legalor social factors. It is also consisted two factors external and internal environment. External referwith demographic forces, political forces. Government and legal forces. In other hand is internalenvironment is also related with money, machinery, material and man. The aim of this companyearn more profit and providing effective service to their clients.LO1P1) Explaining the different types of organisations There are many types of organisations such as private, public and voluntary sector. Themotives of these corporations are not similar. Private sector are related with owned and run theirbusiness in individual level this types of company’s main purpose to earn profit. Public sectors isreferred with the owned but run by the government and this fund used to maximum time for thepublic sector. The main aim of the public sectors is providing important public services andresources is also use for public well fare. Voluntary sector are consisted with the non-profitorganisation means these types industry run their business only social welfare and it is one morereasons to run this firm to avoid tax purpose. Example of private sectors IKEA is the privatecompany its main aim to earn more profit and increasing market share and maximize sales.Public sector organisation: Halifax Company is the public limited company it mainmotive to earn profit as well providing customer satisfaction. It is developing organisation in UKand it also maintains their position it merged with governor and industry of the bank of Scotland.It is legally transferred their assets and liabilities of this bank to bank of Scotland. This bank1
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also giving various kind of loan facilities to their customer. They also providing the funds,several types of facilities like loan, saving account, current account, car loan facilities, homeloan, equity funds, shares so many. It also generates their revenue from providing the loanfacilities to their consumer. They maintain their company names and loyalty with clients. It isvery important for every public organisation is to maintain their relationship with people andproviding lot of services. Every public industry main motive to achieve their organizational goalas well as providing the customer satisfaction. They also provide many funds, giving interestmonthly bases in their saving account.Private sector organisation: it is related with the individual level firms means owngroup like IKEA is a profit making company based on Sweden and providing large number ofservices such as furniture’s manufacturing by adopting mean they run their business furniture’sproduct they sell their products in new and modern techniques. This firm is serving large numberof consumers and it is largest retailer industry in last 5 years. It main motive to earn more profit,they increase their sales, promotions of their services, this company intend giving the best withtheir consumer and the purpose of this firm expanding their business and managing cist of theirproducts in effective manners. It also focuses on developing their business in society andreducing the chances of risks or uncertainty. The organizational structure is it is multinationalcompany and profit making firm and they involved in retails business and also individual fundswith effective enterprise structures. They have also set their legal structures they also follow therules and regulation and spreading awareness to their consumer regarding their product and theyalso create health environment their workplaces.Voluntary sector: it is considered with different organisation and charities means it isnone. Government Company serves for social well fare. These industries also very help fordeveloping the growth of the economic and providing jobs opportunities and develop week area.So it is very important. The structures and legal in the voluntary sectors theses company alsofollow all the rules they work according to government law rules it is value based organisation.Voluntary sectors is unique from other two sectors it is not for profit and it not under governmentcontrol like public company.The legal structures of the public company includes organisation that provide the servicessuch as roads, educations, heath, protection. These are the services are providing through2
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