Business and Business Environment of Waitrose Ltd Assignment
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Added on 2021-01-01
Business and Business Environment of Waitrose Ltd Assignment
Added on 2021-01-01
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Business and Businessenvironment
Table of ContentsINTRODUCTION...........................................................................................................................3TASK1.............................................................................................................................................3P1 Different types and purposes of organisations.......................................................................3P2 Size and Scope of various types of organisations .................................................................6TASK 2............................................................................................................................................7P3 Relationship between different organisational functions and its link with organisationobjectives ....................................................................................................................................7TASK 3 ...........................................................................................................................................8P4 Positive and negative impact of Macro environment on Business operations.......................8TASK 4..........................................................................................................................................10P5 Internal and External analysis of Waitrose limited..............................................................10P6 Interrelation of Strength and weakness with external Macro factors in context of Waitroseprivate limited...........................................................................................................................11CONCLUSION..............................................................................................................................12REFERENCES................................................................................................................................1
INTRODUCTIONBusiness environment is very important factor that need to be scan regularly in order toknow all the market opportunities and modification which were made in the organisationstructure that allow them to beat all the challenges of rivalry. Further, company need to performdifferent function and they are various purposes which required to be implemented properly inorder to accomplish daily targets of business. Apart from it, various strategies and policies whichhas been formulated by HR manager on the basis of market demand and needs, suitability ofinternal employees company implement it on the proper manner. Under this assignment thecompany which is preferred i.e. Waitrose Ltd. UK based retail organisation structure deals ingrocery and clothing sector comprises of large employees work in different stream which need tomanaged accordingly (Afzal ,2011). Further, this project discuss about type size of organisation,interrelationship of various function within an organisation and strength weaknesses of specificbusiness environment. TASK1P1 Different types and purposes of organisationsIn every organisation there are different kind and type of company dealing in differentsectors with an utmost objective of earning huge amount of profits. Company provide variety ofgoods and services on the basis of taste, choices and preferences of customers which facilitatessales maximisation. But in reality there are only two type of organisation I.e. public and privatesector which discuss below:-Comparison basisNGONPOProfit basedorganisationMeaningThe term NGO can bedescribe as such nongovernmental bodywhose major goal is touplift the standard andwelfare of society andthis type of companyis set up by the groupof independent people.These type oforganisation deals withdifferent varieties ofgoods and serviceswith the aim ofearning sufficientamount of profitswhich can be used forsociety welfare insteadThe main objective ofthis kind oforganisation is to earnhuge amount of profitsby offering differentproducts and servicesto large audienceswhich leads to hugemarket share and
of distributed amongteam members. goodwill. Area of operationsThis type of businessis generally operatedon large scale. This type of companyoperate with an aim ofoperating at limitedscale. They are planning toexpand their businessat global level. Objectives and goalsThe most importantgoal and objective ofthis kind oforganisation is toenhance the livingstandard and thinkingof business. This kind oforganisation is set upwith the aim andmotive of promotingart, science andcommerce. Their establishment isgenerally done with anmotive of earninghuge profit byproviding differentvarieties of productsand services to largecustomers at globallevel. Three main sector of organisation are stated below:-Public sector:- This type of organisation is set up by the government authorities in whichall the rules, regulation and policies are formulated by them only with an aim of uplift thestandard of society by providing them different varieties of goods and services ataffordable prices to large audiences. Apart from it, speculation has been planned by thepeople in general which is found in various assessment and various instalment. Forexample Waitrose comprises of large workforce whose main target is working forstandard class of people (Al-Swidi and Al-Hosam ,2012).Purpose:- The main purpose of this type of organisation is to provide different type of facilitiesto people which help in enhancing the overall welfare of society which increase their livingstandard also.Private sector:- This type of organisation is generally establish by the private peopleonly who made their own rules and regulation on the basis of which overall workingcondition of business has been carried out smoothly. All the matter related to policiesformulation, strategies and tactics are discuss by them only and to make it legal common
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