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Business Environment Assignment - PRIMARK

   

Added on  2020-06-04

17 Pages5181 Words40 Views
Business And BusinessEnvironment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purpose of organisations as public, private and voluntary with legalstructure.......................................................................................................................................1P2 Size and scope of different types of organisation..................................................................3TASK 2............................................................................................................................................5P3 Relationship between different organisational functions that link with objectives andstructure.......................................................................................................................................5TASK 3............................................................................................................................................7P4 Positive and negative impacts the macro environment upon business operations.................7TASK 4............................................................................................................................................9P5 Conduct internal and external analysis to identify strengths and weaknesses.......................9P6 Explain strengths and weaknesses interrelate with external macro factors.........................10CONCLUSION..............................................................................................................................11REFRENCES.................................................................................................................................13

INTRODUCTIONBusiness is generally known as enterprise which starts by a person for the purpose ofgenerating revenues or profits. They come up with unique ideas and creative thinking for runningan effective organisation so that maximum profits or outcomes can be achieved. Businessenvironment is related with several factors that affects on the operations as well as impact on theclimate changes (Aterido, 2011). There are different natures of businesses which are existingsuch as public, private and voluntary etc. who have various purposes to generate profits andcreate wealth in the market. Environmental always influence on the business procedures and itsactivities which have major effects on profitability, productivity and growth. These forces mayor may not be controlled by management. This report is based PRIMARK which is clothing andaccessories company and its headquartered in Dublin, Ireland. This assignment will explaindifferent types of organisations with their purposes, size and scope. It defines organisationalfunctions that link with its objectives and structure. It will identify positive and negative impactsof macro environment upon business operations and conduct analysis of internal and external toidentify strengths or weaknesses and how they interrelate with external macro factors. TASK 1(Covered in PPT)P1 Different types and purpose of organisations as public, private and voluntary with legalstructureEvery business is classified into three categories such as public, private and voluntarywhich have different objectives or purposes for their running organisations. They all areorganised, owned as well as controlled by various authorities for achieving their defined goals ortargets in an appropriate manner. The major difference among them is their purposes and legalstructures which totally different and it helps in describing their visions, missions as well asobjectives in efficient manner. In this defined the process of adaptability of several skills whichrequired for providing products or services to meet their desired expectations and needs in anappropriate manner. Business environment comprises with number of forces including suppliers,resources, distributors, competitors, financial systems, rules or regulations, current industrytrends, innovations, people and industrial growth and many more. Therefore, it must be requiredto consider various forces and focus on adopting effective tools or techniques to survive from1

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