logo

Business and Business Environment Assignment - British Red Cross society

   

Added on  2020-10-22

21 Pages6840 Words225 Views
Business and BusinessEnvironment
Business and Business Environment Assignment - British Red Cross society_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................1P 1 Different types and purpose of organization; public, private and voluntary and its legalstructure..................................................................................................................................1P 2 Size and scope of different types of organization............................................................3P 3 Relationship between different organizational functions and link objectives and structure................................................................................................................................................5P 4 Positive and negative impact of macro environment upon business operation................7P 5 Internal and external analysis of organization relating to identify strengths and weakness................................................................................................................................................8P 6 Relation of internal and external factor with the strength and weakness of Red Cross.12CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
Business and Business Environment Assignment - British Red Cross society_2
INTRODUCTIONBusiness environment is total of single person, organization and other units that are inexternal control of company but organization still depends upon them as they affect overallactivities and sustainability of business (Van der Voet, 2014). It is helping for analysisopportunities, improving overall performance of firm.This report is based on British Red Cross society. It is UK body of worldwide neutral andimpartial humanitarian network which is helping people without discrimination. This assignmentexplains different types, purpose and legal structures of organization. It assesses size and scopeof various entities. It states relationship between organizational function and link to objectivesand structure. Identifies positive and negative impacts macro environment has upon operations ofbusiness. Conducts internal and external analysis of organisation in order to identify strengthsand weakness. Explains pros and cons interrelate with external macro factors. TASK P 1 Different types and purpose of organization; public, private and voluntary and its legalstructure Introduction:This particular section will be dealing with the public, private and voluntary withproviding its legal sector. The part includes types and purpose of organisations so that differencewould be discussed following with example and definition of each of the organisation as well. Public sector organization:Public sector is the part of economy composed of both public services and enterprises.General services are included public goods and government facilities such as police, military,transit, education etc. This sector is providing services that non payer cannot exclude fromfacilities which benefits all of society. For example: Super dry is public organization which isdealing in clothing brand. Purpose: The aim of Public Sector Company is to provide crucial services to poor and large sectionof society (Zhang, Welch and Miao, 2018). Public sector is increasing job, income and employment.It supplies of goods to public smoothly.Legal structure:1
Business and Business Environment Assignment - British Red Cross society_3
This organization is run by central or local government.It is used to describe nationalised industry that providing good and services to public. Private sector organization:Private company is owned either by non-governmental organization or by shareholder.This sector is component of economy which refers to as citizen’s sector. It is run by individualsand groups usually as means of company for profit. For example, sole proprietors, partnership,and trade union, small and medium sized business. Amazon is private organizationPurpose: The aim of private sector is to reduce costs and become efficient.Profit maximization (Huma and et.al., 2017).The objective of private companies is to perfectly competitive markets. It assists to government restrict public expending.Legal structure:Sole proprietorship: An individual operates the business by taking all risk andresponsibilities. This is simplest and least regulated form of organization with minimal legalstart-up costs. Profits and business income are taxed as personal income. The advantage of thiswill be only one person managing the business and demerit is that loss is bear by only oneperson.Partnership: One or two people working together and starting up business. They aresharing profits, taking all responsibilities and risk in organization. Profits are still taxed aspersonal income. The advantage of this will be there are number of person managing businessand demerit is that profits are distributed among them all.Limited Liability Company: It is composed of one or more members that provideowners protection of personal assets while allowing person to be taxed as if they were eitherpartners or sole proprietors. The advantage of this will be there is only limited liability of eachand every person carrying out business and demerit is the profit sharing ratio is fix so if businessgenerating higher profits than also partners will be getting less share only.Co-operative organisation: these are those which are autonomous association of personthat would be united to voluntarily work for gaining common economic goal. The advantage ofthis will be there are many people managing the business and demerit is that profits aredistributed among all.2
Business and Business Environment Assignment - British Red Cross society_4
Voluntary sector organization:Voluntary sector is duty of social activity undertaken by non-profits firm. There aredifferent entities which are included such as charities, foundations, social welfare organizationetc. in voluntary sector. For example Red Cross is non-profit entity. Purpose:The aim of voluntary sector structure is to give benefits and improve society oftenwithout profits There is no involvement of government (Booth, 2018).It includes citizen’s noble affairs and avoids concentration of powers in the hand ofgovernment.The activity of voluntary organization helps groups and individual with diverse politicaland other interest.Legal structure: The rules governing a voluntary group are set out in constitution. There is no separate legal identity of voluntary sector organization.There are three main legal structure used by voluntary sector such as association, trustand company limited by guarantee.BasisFor profitNot for profitNon-governmentalDefinitionThis is that type oforganisation which ismostly and primarilyprofit oriented. Theyare undertaking allactivitiesforaccomplishing theobjective which isprofit earningThey are generallytermed to as thosetype of organisationwhich works forbetterment of societyand upliftment oflowerclasscommunity. Theirmotive is not to earnprofit but to dosomething better forcommunity andsociety.While on other handthey are those type oforganisation whichdeals with non-profitor voluntary purposeof citizens which isorganised on local ornational level as well.Source of fundTheir source of fundsIf they are earning anyTheir source of fund is3
Business and Business Environment Assignment - British Red Cross society_5
is mainly their profitsand revenue earned bycompany.sort of income then itis again returned backto their organisation ifthey are generatingany extra income.from society andcommunity onlyExampleMarks and Spencer American Red Cross,OxfamInternationalFederation of RedCross and RedCrescent SocietiesConclusion:From the above section it could be concluded that there are 3 types of organisationventure which are public, private and volunteer and all of them are following their own legalstructure. All of these could be distinguish based on their legal structure like that of sole trader,partnership and cooperatives as well.P 2 Size and scope of different types of organization Introduction:This particular section will be covering size and scope of various types of different oforganisation. This will explain the different type of organisation that is based on their size whichis like that of Small, Medium, and Large. The further more possible differences betweenobjectives of these four types of organisations Micro, Small, Medium, and Large will be done.The public organisation is having the purpose of generating employment and ultimately lead toprofits while that of private company is to generate higher number of revenues and that ofvoluntary is to provide service to public.There are three types of organization such private, public and voluntary. In order to that,all companies have different purpose, size and scope. Criteria Private organization Public Organization VoluntaryOrganization Purpose The aim of privatecompany is to generaterevenues. For exampleThe purpose of public firmis to make profits. Forinstance Super Dry.The goal of voluntaryorganization is toproviding services for4
Business and Business Environment Assignment - British Red Cross society_6

End of preview

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

Related Documents
Types and Purposes of Organizations: Public, Private, and Voluntary
|14
|3272
|246

Business and Business Environment -John Lewis
|16
|4856
|54

Business and the Business Environment Assignment - British Red Cross Society
|10
|3095
|400

BUSINESS AND BUSINESS ENVIRONMENT
|21
|4286
|145

Business Environmental Analysis
|14
|4049
|83

Business & the Business Environment
|14
|3235
|148