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Business and Business Environment Assignment Solution - Doc

   

Added on  2020-10-05

16 Pages4631 Words130 Views
Political Science
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Business andBusinessEnvironment
Business and Business Environment Assignment Solution - Doc_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purpose of organisations as public, private and voluntary.....................1P2 Size and scope of different types of organisation..................................................................2TASK 2............................................................................................................................................5P3 Relationship between different organisational functions that link with objectives andstructure.......................................................................................................................................5TASK 3............................................................................................................................................6P4 Positive and negative impacts of macro environment upon business operations..................6TASK 4............................................................................................................................................9P5 Conduct internal and external analysis to identify strengths and weaknesses.......................9P6 Explain strengths and weaknesses interrelate with external macro factors.........................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................13.......................................................................................................................................................14
Business and Business Environment Assignment Solution - Doc_2

INTRODUCTIONBusiness environment is made with two aspects including Business and Environment.Both are important and essential for the growth and success of economic. Business refers as ahuman activities like sales, extraction, production and sales of products that are executed to earnmaximum amount of money (Business environment, 2016). Further, environment is consider as apart of surroundings. Therefore business environment is define as a set of conditions includingpolitical, institutional, social, legal or economical that is not manageable and highly impacts onthe business functions. In this assignment chosen organisation is public, private and voluntaryfor example Sainsbury, Iceland Foods Ltd and Cancer Research UK. All these business has theirown purpose, size and scope which are mentioned in this project. Relationship betweenorganisational functions and business structure and objectives are also determined. PESTLE andSWOT analysis and their impacts on decision making which is also covered in this project. Atlast interrelationship between internal and external factor of enterprise that also shown in thisstudy. TASK 1P1 Different types and purpose of organisations as public, private and voluntaryThere are different types of organisation including public, private and voluntary. Allthese are play vital role in providing better chances of job to the unemployed people. Private Sector: These are type of business which is operating and running by its sole traders.Main aim and purpose of lunching such company is to bring creative and innovative for wholecommunity as per the actual trend (Cassell and Blake, 2012). Such kind of organisation iscontrolled by single person or group in partnership. In this chosen private company is IcelandFoods Ltd, it is a retail industry which deals in groceries and frozen foods. It was founded in1970 by Sir Malcolm Walker. Purpose of this business are determined as below: Main purpose of Iceland is to incraese their sales and revenues by rendering quality in itsproducts and services to the customers. Give friendly and healthy environment to their entire workforce. Major motive of private company is to gain trust of national and international clients. Public Sector: It is another type of organisation which is completely controlled and managed bylegal authority of particulate country. Main motive of introducing these kind of entity is to work1
Business and Business Environment Assignment Solution - Doc_3

with the development and welfare of society (Cavalcante and et. al., 2011). Such businesssupport in improvement of economy by giving governing services and many other benefits tosociety. In this selected public company is NHS, it was formed by Simon Stevens in 5July 1948at Richmond house, 79 Whitehall, London, SWIA 2NS.Main motive and purpose of thisbusiness are given below: Raise well-being as well as health of service seeker. Bring quality and creation in business activity or tending promoter department. Supply basic medical facilities to injured persons. Voluntary Sector: Enterprise which comes under such sector are performing with the aim ofsocial development as well as welfare of economic. These business is managed and controlled byregime of specified country as well as team voluntarily also (Cronan and et. al., 2011). Underthis selected organisation is Cancer Research UK, It was founded by Harpal Kumar in 4February 2002. Focus of this enterprise is health policy and cancer research. Aim and motive ofthis enterprise are given below: Main and foremost aim of this business is to work and perform in reducing poverty ratioand maximising living standard of society or poor peoples. To provide effective and better services to the needy people as well as gain their trust. Growth and development of the international business environment: It is important andessential part in this above three types of organisation are play vital and effective role fordevelopment of their business operations internationally. For achievement of this, companyprovide effective quality in their services and products which help them to maintain strongposition at global level (Elliot, 2011). It is also beneficial for the to maximise their sales as wellas gain competitive edge within predetermined time period. P2 Size and scope of different types of organisationThree types of organisations such as Private, Public and Voluntary sector, all these areplay effective and essential role for the development of society and achievement of long termgoals and objectives. Example of such sector is Private: Iceland Foods Ltd, Public: Sainsbury'sand Voluntary: Cancer Research UK. Size, scope, mission, visions , objectives, legal structureand stakeholders of those organisation are determined as below: NHS: 2
Business and Business Environment Assignment Solution - Doc_4

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