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Business and Business Environment : LEGO

   

Added on  2021-01-02

16 Pages4581 Words268 Views
Business and businessenvironment
Business and Business Environment : LEGO_1
Table of ContentsINTRODUCTION...........................................................................................................................1SECTION 1......................................................................................................................................1Different types of organisation...............................................................................................1Size and scope of the organisation.........................................................................................3Organisation structure and functions......................................................................................4SECTION 2......................................................................................................................................6PESTLE analysis....................................................................................................................6SWOT and Porter's 5 forces analysis.....................................................................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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Business and Business Environment : LEGO_3
INTRODUCTIONA business can be defined as a trade and an occupation which includes various activitiesof making money by purchasing and selling products. Business environment includes all theexternal and internal factors that influence and impacts on the activities of business. It is veryimportant to develop an understanding about the business environment with the main aim ofidentifying factors that may have impact business activities and then corrective actions. Thispresent report will focus on the different types of organisations and purpose of that type oforganisations (Prajogo, 2016). According to size and scope different types of organisationsfollows different structure which plays an important role for them to play all the functionseffectively. This report will also show about the external factors that impacts on the activities ofUK retail markets such as Tesco, Sainsbury's, Mark & Spencers etc. Social, environmental,political and technological factors and competitive analysis make companies able to analyse andfind out their strengths and weaknesses in order to remove weaknesses and take competitiveadvantages.SECTION 1Different types of organisationThere are mainly three types of organisations such as profit or private, public and non forprofit and non-governmental organisations or voluntary organisation. These types of organisationmay be sole proprietorship, partnership and corporation. LEGO: LEGO is privately hold company whose headquarter is in Billund, Denmark. Itmanufactures and produces Lego brand plastic toys. It was founded in 1932 by OLE KirkChristiansen (Kauffmann, 2019).Bank of England: It is the central bank of UK which was established on 27 July 1694.Headquarter of this bank is in Threadneedle Street London, EC2. It is wholly owned by theTreasury Solicitor (Bridges and et.al., 2016).UNISEF: This fund and non-governmental or voluntary organisation created by the UnitedNations General Assembly on 11 Dec 1946. It was created for providing emergency healthcareand food to women & children in developing countries (Zadran and Kost, 2019).1
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