This presentation discusses the different types and purposes of organizations, the size and scope of various organizations, and the relationship between different organizational functions.
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Business and the Business Environment
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Table of Content •Introduction •Different types and purposes of organisations •The size and scope of a range of different types of organisations •Relationship between different organisational functions •Conclusion •References
Introduction Business environment help in finding the need of a market and introduce strategy to meet the demand of people . This report talks about different organization and its size as to maintain the force of demand and supply in a country.
Different types and purposes of organisations While entering into a business, it regulates all its authority and provide a fixed rule and regulation on which an organization works. The objective is to earn more profit in an effective and efficient manner. It's divided into different kind of company which placed in market to maximize profit from customers which is as follows:- •Public company
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Cont... Private company :-It is a company which maintain a minimum capital requirement with minimum 2 or 200 members.Some specific rules which are design to run company and maintain a decorum in between employees working under it. In private company shares has no role, while existing an organization in market.
Cont... Voluntary sector:-It is an organization which comprises efforts in enrichingsocietywithanaimingofgettingnoprofitandno government interference into it. For example:- OXFAM, which works as a charitable organization and focus on improving global poverty.
The size and scope of a range of different types of organisations The Organization facilitates different services and aims in freezing an objective by defining its size and scope in scattering its product and services. NHS, TESCO, OXFAM define under it :- NHS SIZE:-NHS has achieved one of the world's biggest employers company with 1.7 million workers working across England.
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Cont... TESCO SIZE:-Tesco is a retailer company which works with 440,000 colleagues in aiming to provide best healthcare services. SCOPE:-Tesco scope is to scatter its market in every new country as to expand business by offering best quality product to customers.
Cont... OXFAM SIZE:-Oxfam is working in 90 different countries with an aiming to fulfil its objective by 19 organization working together and frame a common game plan according to market. SCOPE:-OXFAM works on saving life and try its best level to give a new birth in life of people who lives below the poverty line.
Relationship between different organisational functions The word marketing is a much bigger term as compared to selling, it's not specifically a part of marketing only. It covers the whole business from marketing department to all the other department. It regulates every aspect of business from selling till customer's feedback which help in improving efficiency and effectiveness of a merchandise, as it help in putting an eye on every department to work for the growth of a business.
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Cont... Marketing with Operation TheMarketingneedstobeconnectedwitheveryotherworking departmentastoensureitsvaluewithoperationandproduction department which is as follows:- •Marketing collects data from customers in the form of feedback by whichitensureswheretoimprove.Ithelpsinresearchand development which directly favour customer taste and preference running in market.
Cont... Marketing with Finance Marketing is much more vital as it indulges with finance department to ensure many different fields of work which is as follows:- •Marketing begin with an appropriate game plan as framing strategies is not a task of a single department.
Cont... Marketing with Human Resource HRM put an effort in finding the perfect skill which company is in need for, asto get efficiency and effectiveness in an organization. It ensures to get connected with marketing in many ways which is as follows:- •New mind entering in an organization is much more vital as to provide updates in work by putting it's fresh brain and design a new game plan in completion of a task.
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Conclusion Customers are the king of market, as business frames its strategies to make their customers happy and maintain a stability in market to get future smooth sailing. Finding need and offering the same merchandise is the game plan of every business environment which corner the market and help in moving an extra mile in the market.
References •Tengblad, S. and Ohlsson, C., 2010. The framing of corporate social responsibility and the globalization of national business systems:Alongitudinalcasestudy.JournalofBusiness Ethics.93(4). pp.653-669. •Van Tulder, R. and Van der Zwart, A., 2005.International business-society management: Linking corporate responsibility and globalization. Routledge.