Business and business environment assignment | Asda

Added on - 02 Jan 2021

Trusted by +2 million users,
assist thousands of students everyday
Showing pages 1 to 4 of 12 pages
BUSINESS AND BUSINESSENVIRONEMENT
Table of ContentsINTRODUCTION...........................................................................................................................3TASK1............................................................................................................................................3P1. Different types of organisations.......................................................................................3P2. Size and scope of the organisations..............................................................................4TASK2.............................................................................................................................................6P3. Organisation structure and function.................................................................................6P4. Analyses of PESTLE model to the retail sector of UK....................................................7TASK4.............................................................................................................................................8P5. SWOT and porter's 5 forces model.................................................................................8P6. Relationship between strength and weakness and external environment........................9CONCLUSION................................................................................................................................9REFERENCES.............................................................................................................................10.........................................................................................................................................................1
INTRODUCTIONExchange of good and services for some value in a market place will be termed asbusiness. Every business requires enough capital and customers for their existence as ultimategoal of every organisation is to satisfy customers’ needs and wants. Business is run in anenvironment which is a combination of micro and macro factors. Organisation undertaken hereis Asda which is retail industry, founded in 1949 in UK. In this report, detailed analysis ofdifferent types of organisations, their size, structure, purpose and roles will be discussed.Furthermore, environmental scanning will be done as well.TASK1P1. Different types of organisationsThere are different organisations operating in the business world. Every organisation hasits own purpose that is mission and vision for their existence in the market. Following are thedifferent types of organisations:-Public organisations: organisations which are operating under the legal compliance ofgovernment of the country with the primary benefit of wealth maximisation in the society arecalled public organisations.Example :London fire brigate is a public organisation with the primary aim to provideworld class fire rescue services in London. It conducts emergency preparation and execute firesafety inspections and educations.Private organisations: Organisations which are owned and operated by individual orgroup of persons are called private organisations. Their primary aim of setting up business is toearn profit and increase revenue.Example : Asda is a Britain supermarket retailer organisation with a primary motive ofproviding goods, merchandise , financial services, etc.Non profit organisation: Organisations that are privately owned and do not providefinancial benefit to its members are called non profit organisations(Hilton, R.W. and Platt, D.E.,2013). They are created for many different purposes like social, cultural, political, etc. Theirmain motive is to not to earn profit from the activities they carry out.
Example : Child in need is a non profit organisation of UK which aims to determine theneeds of the children and assure that families are given proper assistance in enabling them to takeprecautions regarding the safety of children and boost the child's well being.Differentiation between profit, not profit and NGO:-BasisPublicPrivateNGOMeaningThese organisationsare governed under thecontrolled by thegovernment.These organisationsare governed byindividuals or group ofpeople.These organisationsaregovernedindependently by thepeople.MotiveSatisfying customerneeds.Earn profit.Addresses social orpolitical issues.OwnedGovernmentIndividuals or group ofpeople.Trustees.P2. Size and scope of the organisationsOrganisations vary in their size and scope depending upon various factors like capital,raw material, labour force etc.Micro enterprises are those which are operating on a very smallscale. Small enterprises are those which employ small number of workers and does not have ahigh volume of sales. Medium enterprises are those that employs more people then needed in theorganisation.There are various organisations which are discussed further :BasisMicroSmallMediumMaximum number ofemployees925250Maximum annualturnover2 million euros10 million euros50 million eurosMaximum annualbalance sheet total2 million euros5 million euros43 million eurosThey can be understood by following examples:London fire brigate
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document