logo

Business and Business Environment Assignment - JP Morgan Finance and Investment company

18 Pages4992 Words200 Views
   

Added on  2020-10-05

Business and Business Environment Assignment - JP Morgan Finance and Investment company

   Added on 2020-10-05

ShareRelated Documents
Business and the BusinessEnvironment
Business and Business Environment Assignment - JP Morgan Finance and Investment company_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Organisation and its various types..........................................................................................1Different types, size and scope of organisation......................................................................2TASK 2............................................................................................................................................7Organisation structure............................................................................................................7Different organisational function...........................................................................................9TASK 3..........................................................................................................................................10Macro environmental factors by mentioning PESTLE analysis..........................................10TASK 4..........................................................................................................................................12SWOT Analysis of JP Morgan Finance and Investment......................................................12CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
Business and Business Environment Assignment - JP Morgan Finance and Investment company_2
INTRODUCTIONAll internal and external factors that can affect or influence the organisationalenvironmental condition in a positive or negative manner come under business environment.Every business can be established easily but it needs various types of resources, finance, propermarket conditions etc. (Bah and Fang, 2015). This report is based on JP Morgan Finance andInvestment company that has around 4400 offices across the world. The firm is of the leadinginvestment companies in UK. This report will cover different types, sizes and scope oforganisations. It will also cover two types of organisation's structures. Further, it will cover thepositive and negative impact of macro environment. Lastly, it will include the internal strengthsand weaknesses of JP Morgan Finance and Investment. TASK 1Organisation and its various types.Organisation consists several people in a structured form and operate or run any businessactivities with earning money for fulfilment various objectives and targets. It is created by personor group of individuals which carry any business and make it a structured body (Botha, Kourieand Snyman, 2014). They are managed and controlled by the board of directors so that their rolesand all responsibilities divides in the managers and leaders so that they can perform better intheir job.All organisations establish or exist for a special purpose that have a strong sense in thetarget market. Management team needs to fulfil the purpose so that they make a clear vision &mission and do their business effectively. Every company has different kinds of purposes, goalsand objectives. In this context, it provides clothes, shelter, food, education, entertainment,transport and many other requirements to their potential clients in the competitive environment.All those organisations exist because earning money or profits through providing variousproducts and services (Bryman and Bell, 2015). They must require different types of resourcesand funds to accomplish its all organisational activities.
Business and Business Environment Assignment - JP Morgan Finance and Investment company_3
In the United Kingdom, there are many types of sectors exist i.e. tertiary, primary andsecondary. These are described as follows:Primary Sector – It is concerned through the extraction of raw materials for developingmany other products and it contains farming business, mining, forestry & logging, oilextraction, diamond mining, fishing and many more fields (Business, 2014). It plays agreat part in economy and increased labour productivity that enables to workers to workbetter. Secondary Sector – It is known as the systematic process of transformation of rawmaterials in its goods and services. It includes production, manufacturing and industry ofvarious sectors. The secondary sector often classifies into the light & heavy industry andit forms a substantial part of gross domestic products. In this sector, certain types oforganisations exist for example, electrical, chemical, metallurgical, energy (according tosome sources, it is on the border of the tertiary sector), construction, food, textile &clothing, consumer goods, glass and many more. Products and services that are producedin such type of organisations are sold directly to the end consumers. Tertiary Sector – It refers to those industries which provide intangible goods likeinsurance, retail, travelling, tourism, banking, entertainment, financing, etc. Theseorganisations use manufactured goods as the raw material and offer many services tocustomers (Carroll and Buchholtz, 2014). In the tertiary sector, it includes such type oforganisations computer & information technology, hotels & tourism, communicationservice, insurance service, banking service, postal service, restaurants & cafes, pensionservice, food & beverage service and transport services like – rail, bus, air, sea etc. Different types, size and scope of organisation.Organisations has different types and it owns and control by several types of persons orgroups. It may be owned and run by private and public or by both sector and it is also known asmix ownership. In this context, different types of organisations are discussed as below:Sole trader – It is a special type of business that is also known as proprietorship. It has a generalstructure that an individual operates the whole organisational work. In this context, in suchbusinesses only trader is responsible for all dues such as financially as personally (Chang, 2016).2
Business and Business Environment Assignment - JP Morgan Finance and Investment company_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
BUSINESS AND THE BUSINESS ENVIRONMENT TABLE OF CONTENTS
|19
|5400
|278

Business and Business Environment : JP Morgan Finance Assignment PDF
|17
|5560
|185

TASK – 1 1 Different types, size and scope of organizations
|21
|5590
|90

Assignment: Business and Business Environment
|17
|4498
|462

Macro-environment and business operations
|15
|5001
|199

Business and Business Environment Assignment - JP Morgan Finance & Investment
|17
|5391
|145