logo

Business and Business Environment INTRODUCTION 1 TASK 11 Different types size and scope of organisation. 5 The relationship between organisation objectives and structure

16 Pages4712 Words214 Views
   

Added on  2020-10-05

About This Document

Business and business Environment INTRODUCTION 1 TASK 11 Different types size and scope of organisation. 7 TASK 49 SWOT analysis of Yorkshire Bank9 CONCLUSION 1 REFERENCES 1 SUMMARY Business environment means that all external and internal factors which is impacted on business supply, demand and regulation (Banica and Hagiu, 2015). Its headquarter establish in Leeds, England Report will cover different types, size, scope of public private and voluntary organisation and advantages and disadvantages along with some differences. This includes reporting

Business and Business Environment INTRODUCTION 1 TASK 11 Different types size and scope of organisation. 5 The relationship between organisation objectives and structure

   Added on 2020-10-05

ShareRelated Documents
Business and businessEnvironment
Business and Business Environment INTRODUCTION 1 TASK 11 Different types size and scope of organisation. 5 The relationship between organisation objectives and structure_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Different types size and scope of organisation.......................................................................1TASK 2............................................................................................................................................5Two types of organisation structure and relationship between organisation functions..........5The relationship between different organisation functions and they link organisationobjectives and structure..........................................................................................................6TASK 3............................................................................................................................................7PESTLE tools impact on an organisation...............................................................................7TASK 4............................................................................................................................................9SWOT analysis of Yorkshire Bank........................................................................................9CONCLUSION................................................................................................................................1REFERENCES................................................................................................................................1
Business and Business Environment INTRODUCTION 1 TASK 11 Different types size and scope of organisation. 5 The relationship between organisation objectives and structure_2
INTRODUCTIONBusiness environment means that all external and internal factors which is impacted onbusiness supply, demand and regulation (Banica and Hagiu, 2015). Report will be based on“YORKSHIRE BANK”. It was established on 1859. Its headquarter establish in Leeds, England Report will cover different types, size, scope of public private and voluntary organisationand advantages and disadvantages along with some differences. It discusses that organisationoperate in the primary, secondary sector. It will cover interrelationship of the various functionwithin an organisation and examples of positive and negative impact on the business operations.It discuses about the SWOT analysis of Yorkshire bank and also evaluate the impact factors upon business decision making.TASK 1Different types size and scope of organisation.Organisation is a group of people where they work together like association, acorporation, unity or a charity. It includes program, department, projects to produce service orproducts. Every organisation have purpose to fulfil mission, vision, values and direct people inright way to achieve goals of organisation (Banica and Hagiu, 2015). Here are some differenttype of organisations are given below.Private Organisation: It is own by a person or individual or via group in order to gainprofit.Ownership of these organisations is limited to small number of lender. Some largestprivate companies in UK are Stemcor, Greenergy, Swire, John Lewis Partnership, Barilla andmany more (Caiazza, Shimizu and Yoshikawa, 2017). Purpose of Private Organisation: Purpose of private companies is survived by makingprofits and advantages and to earn benefits and maximise it. This includes reporting financialdate with clarity, optimizing profits, protect companies policies like marketing plans, to limitliability selecting proper structure of organisation (Chang, 2016). Here, GHD Group is amultinational technical professional services firm which provide engineering, managementdesign, environmental services etc. Purpose of this group is to deliver quality outcomes acrossthe asset value chain to clients. Advantage and Disadvantage of Private SectorAdvantages1
Business and Business Environment INTRODUCTION 1 TASK 11 Different types size and scope of organisation. 5 The relationship between organisation objectives and structure_3
Financial Result: Private sector manage its capital by owners of themselves. It is notrequired to reveal its financial results to the public (Mazurand et.al., 2016). It helps to reduceshort term pressure of analyst expectations and meeting shareholders. Limited Liability: Financial liability of shareholders is limited for private companies. Ifcompany is in lose then shareholders would not lose their personal assets (Sarmento andRenneboog, 2016). While committing a fraud related to private sector company can deny limitedliability protection of owner.Continued Existence: private sector has advantage of continue existence even ownerleave or dies (Chang, 2016). This sector is incorporated and it can own assets individually apartfrom company or to becomes an independent owner entity.Disadvantages Restricted Access to Capital Markets: This sector is legally denied to use its share asan initial public offering. They are not able to trade their share on stock exchange. So that theyfind difficulties to attract outside investors. They are not able to sell or transfer share beforeasking company's directors (Banica and Hagiu, 2015). Due to this, investment decision notexecute or made on timely manner.Limited Personal Control: directors of private companies have not total control moveroperations of entity. When directors want to decision any private issue to others they have toinvite other owners. With reduced control, any decision cannot execute or make withoutincluding other shareholders (MacGregor Doyle and McEachern, 2015). Higher Administration Costs: As a legal duty, private company has to appoint least onedirector or shareholder (Caiazza Shimizu and Yoshikawa, 2017). They hire secretary forcompany and accountants to manage accurate reports. This can increase administrative andgeneral expanses of company.Public Organisation Public sector is operated and owned by the government and provide services to citizens.It controlled by publicly or publicly funded agencies, entities, enterprises that deliver publicservices, goods and programs. Some public organisations are Audit Commission, The CabinetOffice, Yorkshire Bank etc (Grosanu and et.al., 2015). Advantage and Disadvantage of Public OrganisationAdvantages2
Business and Business Environment INTRODUCTION 1 TASK 11 Different types size and scope of organisation. 5 The relationship between organisation objectives and structure_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Introduction to Business and Business Environment INTRODUCTION
|18
|5381
|355

Unit 1 Business and Business Environment Assignment
|16
|4636
|489

Business and Business Environment Introduction
|15
|4585
|66

Interrelation of different departments of an organisation
|17
|5126
|1

Different Types of Organisations and Their Purpose
|17
|807
|34

Business Environment in Bank
|18
|5587
|385