Business and Business Environment Assignment Solved - Marks and Spencer

   

Added on  2020-10-23

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Business and BusinessEnvironment
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types of organisations.............................................................................................1P2 Size and scope of the organisations.......................................................................................4P3 Organisation structures and functions....................................................................................5TASK 2............................................................................................................................................7P4 Identify the positive and negative impacts the macro environment has upon the UK retailsector...........................................................................................................................................7P5 Internal and external analysis of a UK Supermarket to identify its strengths andweaknesses..................................................................................................................................9P6 Strengths and weaknesses interrelate with external macro factors......................................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
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INTRODUCTIONBusiness environment consider a combination of internal and external factors whichdirectly influence entire activities of the business organization in positive and negative impact.Thus, it is important for manager to effectively examine as well as evaluate the impact ofenvironment factors. It includes various factors such as suppliers, customers, political, legal,social, technological and many more (Business Environment, 2018). For managing all these,manager also formulate as well as develop appropriate strategies and policies which may leads inattaining set goals and objectives in effective way. Present report is based on Marks and Spencer,is multinational company which serve diversified products to their customers. This report,discussed about various type, purpose and scope of organization with its structure. Along withthis, PESTLE analysis is also mentioned in this project to determine the positive and negativeimpact on business organization. In addition of this interrelation of strength and weakness withexternal macro factors are also discussed in this project.TASK 1P1 Different types of organisationsAs per business environment, number of companies are operate their business with thepurpose of attaining better success. In this context, every companies have their specific purposeand type in which they perform their activities. Thus, it is important for manager to effectiveunderstand all type of company to attain competitive advantage in market place. With the help ofthis firm improve their performance level at at the same time also attain set goals and objectives.Along with this, various type of business enterprise also work in market to attain favourablegoals and objectives in appropriate time frame. Thus, it is important for organisation and itsmanager to effectively understand the purpose to perform their activities accordingly. With thehelp of this company easily achieve better success in market place. In this context there are threetype of companies such as Marks and Spencer, NHS, and Oxfam. All these are work in differentsectors with their specific purpose and supply of goods and services (Avramenko, 2012). Inaddition of this, the difference between profit, Not for profit and non governmental organizationare as follows:Profit organizationNot-for-profitNon-governmentorganisationThe main purpose of theseUnder this, the main aim ofThese type of organizations are1
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type of organization is to earnprofitability level at marketplace.this business organization is todevelop economic growth byproviding better services totheir customers.work for enhancing socialwelfare by delivering theirvarious services to society.Profit organisation are knownby private sector in which theywork for attaining higherprofitability level in marketplace. Not-for-profit type ofcompanies are comes underprivate sector in which theyoperate their business with theaim of improving economiccondition. These companies are knownby NGO in which they focuson society benefits which mayleads in enhancing theeconomic growth.The main example of thissectors is Marks & Spencer.Under this, NHS is bestexample of this sector.Oxfam is also an importantexample of this typeorganization. In addition of this, there are three type of organisation which comes under in three sectorsuch as private, public and voluntary. All these are operate their business with their specificpurpose which helps in improving the overall performance of the company at market place. Althese are understood by following description: Private sector : These type of companies are operate as well as run by private people andgroups with the purpose of attaining profitability level in market place. For this companyresponsible for providing quality services to their customers as per their needs and demand inorder to attain better satisfaction. Along with this, these type of organization is not controllableby the government bodies but at the same time also restricted by state authorities. In this theydirect these companies to operate their business in private sectors in order to achieve desirablegoals and objectives. Marks and Spencer is famous as well as biggest retail company as they serve diversifiedproducts and services to its customers (Bovee, Thill and Raina, 2016). This company establishedin 1884 with the purpose of capturing larger market share. In addition of this, company also hasapprox 979 stores in UK. Purpose of company:2
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