This presentation provides information about the different types and purposes of organizations, such as private, public, and voluntary sectors, and their legal structures. It also includes details about Primark organization, including their mission, vision, goals, and objectives.
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Business and Business Environment
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Table Of content The presentation will include •Different types and purposes of Organization I.e. Private, Public and voluntary sector and legal structure •Size, Scopeandrange of different types of organization •Information about Primark organisation their mission, vision goals and objectives.
There are many types of organisations and every enterprise is being established to serve different purposes. These enterprises are being categorised on the basis of their function as well in the ground of purposes serve by them •Private sector •Sole proprietorship organisation •Partnership •Joint stock company •Departmental organisation •Public cooperation •Government companies Different types and Purpose of organisation
Introduction •Business environment is the aggregate of all external and internal factors that have direct influence on business. The concept business environment refers to the way various external and internal forces have impact on various activities of company. •The Aim of the study is to explain the concept of business environment. •Primark cooperation is an Irish clothing and accessories organization has been selected for conducting research. The report will include detail explanation about function of Primark enterprise.
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Detail information about Primark organisation their mission, vision goals and objectives, the organisational legal structure Company background •Primark is an Irish clothing and accessories company is the subsidiary of AB foods and its headquarters is located in Dublin. Arthur Ryan was the founder of the organisation. Success in Ireland has encouraged enterprise to expand its core business activities in United kingdom. •United kingdom the company can not use name J.C Penney as this was registered named used by existing organisation operating in UK. So the owner of the firm has invented Primark name to be used outside Ireland. The new headquarter was being opened by organisation in 2015.
Vision, goals, objectives and core competencies of Primark Mission-Mission of Primark is to achieve vision through various strategies. Other mission of the company is to establish its largest outlet in the world and to become most popular supermarket dealing in dry goods, food operators, services. Objectives-The objective of the firm is to provide the most convenient and primmest basic need of society.
Products and services offered by Primark organisation Primark offer wide range of products in fashion industries. Their products include newborn and children clothing, women's and men's wear, home wear, beauty and footwear products. The enterprise sells good quality and fashionable clothes and accessories products at reasonable and affordable price. There are many companies that are dealing in fashion industries such as Zara and H&M, but Primark is contributing to contemporary latest fashion trend.
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Size and Scope of organisation •Primark has owned over 315 retail stores. Its Largest store is located in England occupying 155000 sq ft of retail space across three floors. The Firm has high growth rate and has expanded rapidly in UK. •The organisation has established Little woods retail outlet for 409 m euros retaining 40 outlets and selling rest. The enterprise ids serving and has its number of outlet in various country's such as in UK, Spain, Netherlands, Portugal, Germany.
Legal Structure of organisation •Primarkistakingimitativebycollaboratingwithotherbusiness organisation, trade unions and non government organisations to contributing to solve various labour rights issues. In •December 2008, the UK charity War on Want has presented report name “Fashion victim” conferred data indicating the condition of Bangladeshi factories that were supplying material to Primark. These data has been analysed by ETI and the authority has removed the branding from Primark store.
Information about company stakeholders •Stakeholders are those persons who have direct or indirectly associated with various activities carried out by firm. There are two types of stakeholder internalandexternal.Internalstakeholderincludeemployees,mangers owners,directorsetc.Externalstakeholdersincludesuppliers,investors customers etc. Stakeholders of Primark are: •Shareholders •Employees •Bank &other lenders •Directors and mangers •Customers •Government
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