Business and the Business Environment

Business
And
The business environment
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
LO1..................................................................................................................................................3
P1 different types and purpose of organizations..........................................................................3
P2 size and scope of different types of organization...................................................................5
M1 analyse size and scope of organization.................................................................................6
LO2..................................................................................................................................................6
P3 relationship between different organizational unction and linking with organizational
function and objectives................................................................................................................6
M2 analyse advantage and disadvantage of interrelationship.....................................................8
D1 analyse of complexity of different types of business structure..............................................8
LO3..................................................................................................................................................8
P4 Positive and negative impacts of macro environment on business operations.......................8
LO4................................................................................................................................................11
P5 analyse internal and external analysis of organizational strength and weakness.................11
P6 explain strength and weakness interrelate with external macro factor.................................13
M4 analyse and justification for influencing decision making..................................................13
D2 evaluates the impact of macro and micro factor upon business objectives and decision
making process..........................................................................................................................14
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15
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INTRODUCTION
Business environment is the collection and sum of all internal and external factors like
employees, customers’ needs and expectations, supply and demand, management, clients,
suppliers, owners, activities through the government, innovation in technology. The preset report
is based on “Morrison” which is British multinational supermarket in United Kingdom. The
company is operating different product and services so that it will help to increase financial
performance. Presently, company has 110000 numbers of employees by serving 498 numbers of
locations. The report will explains different types and purpose of organization like public, private
and voluntary sector with its legal structure of company along with describe size and scope of a
firm. The study will explains association between various administrative tasks and link with
organizational purposes and assembly. The report will examine positive and negative influence
of external environment into the business by using some example. This will conduct internal and
external analysis of organizational for identifying strong point and weaknesses. Lastly, report
will highlighted the strength and weaknesses interrelated with various macro issue.
MAIN BODY
LO1
P1 Various forms and purpose of organizations.
There are various kinds and aim of a business which are established at market place for
getting success at market place in perfect way. Such as there are two type of business like, earn
for profit and not earn for profit. Profit making organization has one main aim to earn higher
profit from market by proposing product to customers (Hamilton and Webster, 2018). Beside
this, non profit making businesses has attention on protection their image at market place. This
kind of business is providing free services to their customers. Below is mentioning some
different types of organizations which are as follows:
Private organization:
This kind of enterprise is track and established by person and businesses for earning
income edge as well as having main purpose for grow at market place within effective economy.
Private organization has some different types which are explains below:
 Sole proprietorship: This kind of group is owned by separate people but setting goal to
gain advanced income edge from market place with purpose to keep product cost lower.
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This type of organization have objective to make cash for accomplish their needs and
objectives. This includes some small retail business like beauty salon, stores and ice
cream parlour. These sort of business are consider under sole proprietorship business
only
 Partnership Company: That business are possessed by more than two people with
sharing equal profit and loss which is the goal of company (Quinlan and et.al., 2019). The
main purpose of this business is to bring together all the skills and utilize the resources to
get best market image within a business. For example, Berkeley.
 Public limited company: this kind of companies start own business through partial
shares. This sort of organization is taking of their shares from fair. The main goals of
enterprise is to increase advanced income margin with the aim of accomplish the needs
by providing rage of product and services at reasonable rates. For example: Morrison is
the best example of public limited company. The company have effective ability to
perform their task and sustain position in outstanding manner.
 Private limited company: Under this, business are established with landlord who is
accountable to earn shares. This sort of companies has their active aim and purpose to get
profit by offer product at reasonable rates.
Public sector:
This type of enterprise is established by government for providing better services to
society. Those types of firm are introduces to meet the demand of customers and perform
business for their welfare only (Aydiner and et.al., 2019). One of the best examples of Public
Sector Company is NHS who provide medical service to patients with getting success and
maintains their effective image at market place. The key characteristic of a business is to provide
best service to people with an objective to keep safe their patients from all.
Voluntary sector:
This kind of firm are made for the welfare of the society without thinking of their profit.
One of the best example of voluntary sector is OXFAM, who is a charitable firm and also try to
employ people in order to reduce the poverty up to some level.
P2 size and scope of different types of organization.
Size and structure is differentiated below:
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