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Business and Business Environment - LO1 Different Types of Organization

Added on - 22 Nov 2020

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Business and BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1Different types of organization, size and scope as well as its legal structure............................1M 1 Link between structure, size and scope of different organizations to business objectivesas well as product and services of organizations........................................................................3LO 2.................................................................................................................................................3Interrelationship of various functions and link to organizational structure...............................3M 2 Advantage and disadvantage of interrelationship between functions of organization andits impact upon structure of organization...................................................................................5D 1 Complexities of different types of business structure and interrelationship of functions oforganization................................................................................................................................5CONCLUSION...............................................................................................................................6REFERENCES...............................................................................................................................7
INTRODUCTIONBusiness environment refers to market condition, forces and components that impact onability to maintain and build successful consumer relationships in organization.It is sum total ofwhole internal and external factors that affect business and its growth, profitability, performanceor success (Botha, Kourie and Snyman, 2014).Also, both the factors influence whole businessstructure. This report is based on Cancer Research UK. It is cancer investigation and cognizanceof charity.Report will explain about the private sector, public and voluntary sector organizationsand their different size and scope that are link to business objectives, product and services to theorganization. Furthermore, this studydefines the interrelationship of different functions inorganization that link with organizational structure.LO 11. Purpose of BT, Ryanair and Cancer Research UKPublic Organization- British Telecommunication (BT)BT is multinational telecommunication company in London UK. It is the largest providerof fixed line, broadband, subscription television, information technology and mobile services inUK. The origins of BT is date back to found of Electric Telegraph company that developnationwide communication network (Deasy and et.al., 2016). British Telecommunication wasprivatised with some of 50% share sold to investor.Purpose:The purpose of British Telecommunication is to utilise power ofcommunication to make the better world. This is a modern communication network companywhich is providing service to wider range of people all over UK and in more than 170 countriesof world as well. With its collaboration with EE BT is aimed at providing effortlesscommunication service with combination of power and advance mobile capabilities alsofocusing on innovation.Private Organization- RyanairRyanair is an Irish low cost airline in Swords, Dublin, Ireland. It is the largest airline bescheduled travellers, flown and carried more international tourists than any other airline. Theairline has been defined by their fast expansion (Kuipers and et.al., 2014).The outcome ofderegulations of aviation industry in 1997. The low-cost business model is success of Ryanair.The single 737-700 utilise mainly charter aircraft, backup and training for pilot.1
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