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Business Environment Assignment Solution : Asda

   

Added on  2021-02-21

11 Pages2882 Words29 Views
BUSINESS ANDBUSINESSENVIRONMENT

Table of ContentsTASK 1............................................................................................................................................3P1. Different types and purpose of organisation and their legal structures............................3P2. Size and scope and different types of organisation..........................................................5TASK 2............................................................................................................................................7P3. Relationship between different organisational functions and how they linked withorganisational structure..........................................................................................................7TASK 3............................................................................................................................................9Covered in PPT.......................................................................................................................9TASK 4............................................................................................................................................9Covered in PPT.......................................................................................................................9CONCLUSION................................................................................................................................9REFERENCES................................................................................................................................9INTRODUCTION

Business Environment is an accumulation of internal and external factors which affect thefunctions of company either directly or indirectly (Virglerová, Dobeš and Vojtovič, 2016). Thesefactors include employees, customers, suppliers, customers and many more. It also helps inidentifying the various business opportunities, performance, growth and sustainability. Asbusiness environment is dynamic so all the organisations need to aware about the changes takesplace and also prepare themselves to deal with themselves. This report is in the context of threebusiness organisations which is private, public and voluntary. Asda is a British supermarketwhich deals in groceries, home ware etc. headquarter in Leeds, West Yorkshire. This reportcover various types of business organisations with their legal structures and their size and scope.It also discuss the interrelationship of different organisational functions. It also conduct PESTLEand SWOT analysis of organisations. TASK 1P1. Different types and purpose of organisation and their legal structuresThere are different types of organisations who gather in an environment in order toachieve their goals. These organisations are classified into 3 categories: Private organisation: These are the organisations who runs by a single person in order tomaximise or earn profit. These individuals raise their funds by themselves and lend large numberof share in the development of economy (Schaltegger, Hansen and Lüdeke-Freund, 2016).Moreover, as they are private organisations they have their own rules and regulations but apartfrom this they need to follow some government norms which abide them. For instance, Asda is asupermarket company and a second largest supermarket chain in a Britain. Company followvarious norms which are established by UK government as it is helpful for them in order tooperate in the business environment. Purpose: Their aim is to earn more and more profit to survive for longer period of time,maintain transparency in the company and among employees and select an appropriate structurefor them to operate. Their legal structures are classified into 3 categories:Sole trader: It is operated by an individual in which there is no legal differentiationamong the proprietor and business entity. A sole trader has various responsibilities of theentity such as profits, losses, debts and many more (Prajogo, 2016). It is the easiest formof business because it does not involves lot of paperwork.

Partnership: It is a form of business where two or more people are gather as a partners inorder to form an association. These associations are established by partnership deedwhich is a legal document and signed by the partners in the presence of a lawyer. Thisdeed is made in order to avoid confusion and conflicts among partners and it describesthe powers, authorities, share ratio and many more. Corporation: In this a single person establish its own business firm but this kind ofprivate entity is more complex in nature as it involves lot of legal interference andregulations of government which they need to follow (Pearson, 2017). Theseorganisations carry their own name and copyright which is permitted by government. Public organisation: These organisations are owned and operated by government and serve forgeneral public. Their funding is raised by different ways such as taxes, public investors andgovernment itself (Laudon and Traver, 2016). These organisations are operates on commercialbasis. For instance, British Broadcasting Corporation (BBC) is a broadcasting company,headquarter in London and the largest broadcaster in the world. Purpose: They want to change the economy, maintain socio-economic structure, providevaluable services and spread awareness among people. The legal structures of publicorganisation are classified into 3 sections:Central: There are various business activities in which central government has fullycontrol over it and they need to follow those norms which are constituted by government(Kozubíková Homolka and Kristalas, 2017). Organisations who come under this structureneed to take permission about any change and also involve them in decision makingprocess. State: This government share their authority with national governance and regulate undercentral government. But there are some services which are controlled by stategovernment as various resources and services have only controlled and regulate by thestate government. Local: This government gather various funds from general public which is known as tax.They plays a significant role in preventing and identifying the requirements of anorganisation. They support and provide guidance to organisations by keeping themselvesin different acts and norms.

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