Assignment on Types of Business with Example : ASDA, NHS and Oxfam
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Added on 2020-06-03
Assignment on Types of Business with Example : ASDA, NHS and Oxfam
Added on 2020-06-03
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Business and theBusinessEnvironment
Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1Covered In PPT .....................................................................................................................1TASK 2............................................................................................................................................1P3 Relationship between different organisational functions and their link to organisationalobjectives and structures ........................................................................................................1TASK 3............................................................................................................................................3P4 Positive and negative impact of macro environment on business operations of ASDA...3P5 Internal and external Analysis of ASDA company with other similar organisation.........5TASK4.............................................................................................................................................6P6 Evaluate how strengths and weakness interrelate with the external macro factors..........6CONCLUSION................................................................................................................................7REFERENCES ...............................................................................................................................1.........................................................................................................................................................3
INTRODUCTION Business environment has different factors which impacts the activities and functions ofcompany. These is divided into two parts such as internal and external that highly effects onorganisational performance and effectiveness (Business Environment, 2018). Both business andenvironment are has different elements in this business meaning is human activities whichincludes purchase, production, sales or extraction of services and products. Meanwhileenvironment means the components of surroundings (Adeoye and Elegunde, 2012). Thereforebasic meaning of the business environment is the set of political, social, institutional, legal andeconomic conditions. All these are uncontrollable for the company and highly impacts thefunctions and operations on enterprises. In this assignment, three types of business are considerssuch as private, public and voluntary. Best example of these organisation is ASDA , NHS andOxfam. All these organisations are play essential role in the development and growth ofeconomy. In the present study, different purpose and types of enterprises as well as their scopeand size with its legal structure will be determined. Relationship between business functions inaccomplishment of long term objectives of company will be explained as well. PESTLEAnalysis and its interrelation with enterprises strengths and weakness also shown in this project. TASK 1Covered In PPT TASK 2P3 Relationship between different organisational functions and their link to organisationalobjectives and structures Behind the development and growth of all business there is foremost role andresponsibility of their various departments (Al-Debei and Avison, 2010). In this entire functionsand activities of organisation are highly depends on their working and functioning foraccomplishment of common objectives. In the ASDA, there are different departments are workwhich are explained as below: Human resource department: In the ASDA, HR manager play vital role in hiring andselecting knowledgeable people who can easily accomplish business goals and objectives inlimited time period. There are different functions which are play by the HR such as performance1
appraisal, identification of remunerations, employees management, training and developmentand so on. Research and development department: Main role and duty of these department is toorganise effective research program which help manager to identify basic needs and wants of theaudience about retail and grocery products. Thus, it benefited for the ASDA to maximise theirsales as well as attain long term targets and objectives easily. Finance department: It is another department in the enterprise which has different rolesand responsibility to arrange proper amount of capital or fund. They also help in the achievementof predetermined and set objectives (Aula, 2010). Thus, in the business they take an effectivedecision for the growth and success of company. Marketing department: Marketing manager of the ASDA has various roles in providingtheir goods and services to the end user. In this company follow different kind of promotionalmix including advertisement, public relation, publicity, sales promotions and many other. Allthese are highly beneficial for the enterprise to easily attract large number customers as well asgain competitive advantages within an organisation. Organisational structure: In the company there are mainly four type of structure which are usedby the ASDA are determined as below: Functional based: In this structure of the enterprise is divided as per the businessfunctions and activities. In this various departments whose are performed in the firm such asmarketing, finance, operating, human resource, research and development. Geography based: In this all activities and functions of the business are divided as per itsarea. It assist in determination of customers taste, preferences and needs (Bill Pasmore PhD andCMC, 2010). It is useful and valuable for the ASDA to operates their activities at different level. Product based: Under this entire structure of the company is based on products andservices which are given by the company. For example: enterprise render financial service,general and grocery merchandise to the customers. Consumer based: It is another structure which is mainly relay on customer satisfactionabout the business products and services. 2
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