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BUSINESS AND BUSINESS ENVIRONMENT INTROUCTION

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Added on  2020-06-03

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BUSINESS AND BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 P1 Different types and purpose of organizations; public, private and voluntary sectors and legal structure1 P2 Size and scope of different types of organizations 2 TASK 23 P3 Relationshipbetween differentdepartmentalfunctionsinthe organization 3 M2 Advantages and disadvantages of interrelationship between different departments 4 TASK 35 P4 Positive and negative impact of macro environment 5 TASK 46 P5 SWOT analysis 6 P6 Strength and weaknesses interrelated with macro

BUSINESS AND BUSINESS ENVIRONMENT INTROUCTION

   Added on 2020-06-03

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BUSINESS AND BUSINESS ENVIRONMENT
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purpose of organizations; public, private and voluntary sectors andlegal structure.........................................................................................................................1P2 Size and scope of different types of organizations............................................................2TASK 2............................................................................................................................................3P3 Relationship between different departmental functions in the organization.....................3M2 Advantages and disadvantages of interrelationship between different departments.......4TASK 3............................................................................................................................................5P4 Positive and negative impact of macro environment........................................................5TASK 4............................................................................................................................................6P5 SWOT analysis..................................................................................................................6P6 Strength and weaknesses interrelated with macro environment ......................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
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INTRODUCTIONBusiness environment help to increase performance and also help- to expand a businessin the industry. Private, public and charity firms has different rules and plans to run a firm in amarket. M&S Ltd. Provide effective, good quality food products and sell clothing in the industry.Strength of this firm is they maintain brand recognition in the market. This report includesdifferent types of organizations such as private, public and charity, departmental functions of afirm and different analysis. By providing effective, efficient and good quality products to thecustomers they can get higher performance in the market.TASK 1P1 Different types and purpose of organizations; public, private and voluntary sectors and legalstructureThere are different types of organizations in the industry and each has various rules andcharacteristics to run a company in the market. There are three types of companies in the worldand each has different legal structure and plans in an industry. M&S (Marks and Spencer) is alargest firm in the world. They provide effective, efficient and good quality products to thecustomers. Based on the customer needs they provide products to a client to satisfy a consumerneeds. It has own brand food products that will give higher performance in the world. Each entityhas different types of rules, regulations and plans to get a desired profit and performance in theindustry (Abbott, K. W., 2012).Private sector: M&S (marks and Spencer) Ltd.Private sector has their rules, regulations and plans to increase performance in anindustry. M&S Ltd provide effective and good quality food products to a customer. They alsosell clothing in the market. It has fast growth in a world. Private sector firm not following anyrule of government. They have different and effective plans and policies to run a company in theworld. Main goal of M&S Ltd is to maintain brand recognition in the market. By maintainingbrand identification in a market they can easily increase their performance and also enhance theirefficiency in the industry. It provides different types of innovative products to a customer toincrease overall performance in the market (Searcy, C., 2012). M&S Ltd has main purpose to expand their business and also maintain brand image in a world. Ithas good brand image in a market and also provide good quality product to the customers. M&SLtd. Established in year 1884 and this is the British multinational retailer headquarter in London.1
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Legal structureEach company as different legal structure to run a firm in the industry. Private entity needto register to run a firm. They have audit committee and governance group in the market. Theyhave their own shareholders that will give higher performance in an industry. They have hugenumber of market share in the market that will give higher performance in an industry.Public sector: NHSPublic sector follows all effective and efficient rules of government. Governmentprovides different and effective rules, plans and policies to the company to increase overallperformance and also help to get desired goal in an industry. National health care services2Illustration 1: Legal structure of M&S Ltd.Source: Marks and Spencer
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