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Business and business environment assignment | NHS

   

Added on  2021-02-20

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FinanceData Science and Big DataMaterials Science and EngineeringHealthcare and Research
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Business and businessEnvironment
Business and business environment assignment | NHS_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Explain different types and purposes of organisations; public, private and voluntarysectors and legal structures..........................................................................................................1P2 Explain the size and scope of a range of different types of organisations.............................2P3.Explain the relationship between different organisational functions and how they link toorganisational objectives and structure.......................................................................................6TASK 2............................................................................................................................................7P4.Identify the positive and negative impacts the macro environment has upon businessoperations, supported by specific examples................................................................................7P5. Conduct internal and external analysis of specific organisations in order to identifystrengths and weaknesses............................................................................................................9P6 Explain how strengths and weaknesses interrelate with external macro factors.................10CONCULSION:.............................................................................................................................12REFERENCES..............................................................................................................................13
Business and business environment assignment | NHS_2

Business and business environment assignment | NHS_3

INTRODUCTIONBusiness is an activity in which an individual do efforts for producing and selling goodand services for a profit and for satisfying society's needs(Business Environment. 2018). On theother hand, business environment is total of all the external and internal factors which caninfluence a business's performance, profitability, and growth. This report is based on public,private, and voluntary organisations that are NHS, Mark & Spencer and Cancer Research UK.This report will cover the explanation of different types of organisations with their size andscope and defining inter relation of the various function and stating positive and negativeinfluence on macro environment and determining affect of internal and external strengths ofspecific business on external macro factors.TASK 1P1 Explain different types and purposes of organisations; public, private and voluntary sectorsand legal structuresThere are various type of organisation which is operating their activity for completingtheir purpose. These all the organisations public, private and voluntary, are different from eachother and they all are conducting their activities for different purpose. The brief explanation ofdifferent organisations and their legal structure are described below:-Private organisation:-This kind of organisations can be explained by that which is notdirectly controlled and operated by the government (Prajogo, 2016). The main purpose ofthis organisations is to earn profit and this sector is controlled by the private individualand groups. There are various types of private organisations such as sole traders,partnership, limited company etc. The chosen organisation is Mark & Spencer who is amultinational retailer which is operating their business in UK. There are explanation ofdifferent types of private organisation and the legal structure of private organisation areas follow:-Sole Trader- This business is operated and owned by a single individual who is responsible forall the loses and profits. In this business the amount of investment is very low. Partnership- In this type of business several individuals are engage themselves in the onebusiness operation by following deeds. In this business all partners are agreed to share profitsand loss equally or in relation of the capital invested by them.1
Business and business environment assignment | NHS_4

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