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Business and Business Environment Assignment - ASDA organisation

   

Added on  2020-10-22

14 Pages4005 Words359 Views
Leadership Management
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Business andBusinessEnvironment
Business and Business Environment Assignment - ASDA organisation_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Various types and purpose of organisation with legal structures..........................................1P2 Scope and size of various type of enterprises........................................................................2TASK 2............................................................................................................................................3P3 Relationship between various organisational function and link with organisationalobjectives.....................................................................................................................................3TASK 3............................................................................................................................................5P4 Positive and negative impact of macro environment upon business operations....................5TASK 4............................................................................................................................................6P5 Internal and external analysis of organisation to determine strengths and weakness............6SWOT analysis................................................................................................................................6P6 Interrelationship of strengths and weakness with macro factor.............................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11
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INTRODUCTIONBusiness environment is known as a collection of all entities, individuals and otherfactors which may or may not be in the control of enterprise but can affect growth, performance,profitability and survival of enterprise (Chavis, Klapper and Love, 2011). Every enterpriseexecute its operations and operate in different environment. Actions and decisions of enterpriseget affected by the environment and also affect the environment. One of the main feature ofbusiness environment is that it is dynamic, complex and uncertain. Internal and external are thetwo major component of business environment. ASDA, chain of supermarket based in UK isconsider in this report for study. Various type of organisation with their legal structure, scopeand size is all given in this. Further, relationship between various function of an organisation andits link with organisational objectives is all mentioned in this report. In addition to this, internalanalysis of firm and interrelationship between strengths of enterprise and macro elements ofenvironment is all included in this report. TASK 1P1 Various types and purpose of organisation with legal structuresPrivate enterprise: These are one of the most popular type of firm exist in businessenvironment. These firms can issue stock and have shareholders but shares of these firms can notbe trade on public exchanges. ASDA a British Supermarket retailer based in UK is an exampleof this. Purpose: Purpose of firm is to manufacture and offer featured goods to its customers andincrease its market share. Legal structure of private enterprise:Partnership: Under this, two or more than two firms start working together to achieve setmutual goals. To work in an effective manner and to attain set objectives, all partnerssign on a written paper known as partnership deed which consists information about thepercentage of profit, roles and responsibility of every partner (Chow and et. al., 2012).One of the main advantage of this is that it help in reduce the grounds of conflict. Sole proprietorship: Under this, a single individual carry out business process with theaim of generate large profits. Owner is the one which take all decisions and also bear allprofits and loss. 1
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