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Business and the Business Environment Assignment - Ryanair airways

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Added on  2020-12-10

Business and the Business Environment Assignment - Ryanair airways

   Added on 2020-12-10

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Business and theBusiness Environment
Business and the Business Environment Assignment - Ryanair airways_1
Table of ContentsINTRODUCTION...........................................................................................................................1P1Different types and purposes of organisations...................................................................1P2 Size and Scope of different types of organisation.............................................................4P3 Relationship between different organisational functions..................................................6P4 Positive and Negative impact macro environment on business operations......................7P5 Internal and external analysis of specific organisations to identify strengths andweaknesses.............................................................................................................................8P6 Interrelation of strength and weakness of macro environment elements on a company.10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
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INTRODUCTIONBusiness environment means all internal and external forces that affect functioning of anorganisation including consumers, management demand, business regulations and employees.There are many factors that affect functions of business environment that are, social, economic,legal, political and technological (Chetwood, 2014). It is essential for business enterprises toexamine these factors to ensure their overall performance and sustainability. Present study hasbeen conducted on, Ryanair airways which is a largest European airline. This company isfounded in the year 1984 and headquarter in Dublin and Swords. As per this study, specificinformation about different types of organisations has been discussed along with this relationshipbetween organisational functions and positive and negative impact of macro environment hasalso been conducted in this report. Furthermore, internal and external analysis of organisationand their strength and weakness has done. Lastly, manner in which strength and weaknessinterrelate with external macro factor is also statedP1Different types and purposes of organisations There are different types of organisations like, public, private and voluntary. All theseorganisations have been affected by different factors in marketplace. These organisations aremainly divided into different basis such as number of employees, size, scope and companyturnover. In relation with, United Kingdom, these companies are mainly distributed into threedifferent sectors that include, Profit, Non-Profit Organisation (NPO) and Non-GovernmentOrganisation. Differentiation of these organisations have been mentioned below:Basis ofcomparisonNGONPOFORPROFIT MeaningThese are charitablebusiness organisationsthat aim towardsprovidingbasicamnesties to those peoplewho lacks basic need oflife. Nonprofitorganisations aimtowards providingcommodities topopulation in order toimprove their livingconditions. Theseorganisation run theirOrganisations workingunder this sector,mainly perform theirbusiness operations inorder to earn profit.Companies in thissector provide productand services according1
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business not to earnprofit but to raisestandardisation.to need and demand ofconsumer in market.Area of operationsOrganisations underNGO operates theirbusiness functions onlarge scale. Organisations includedin this sector performtheir businessoperations only intargeted geographicalareas.These organisationserves in areaaccording to their sizeand scope.ObjectivesOne of the mainobjectives of NGO is todevelop sense ofindependent amongpeople and raise theirlevel of livelihood(Crane and Matten2016).Main objective ofbusiness unit workingin this section is topromote scientificdisciplines,commercialisation andart.Basic objective oforganisations workingin this sector is tosatisfy demands ofconsumers whileearning profit. In addition to above differentiation, organisations are mainly divided into three areas thatinclude Public, Private and Voluntary organisations. Main functions and their legal structure arefirmly described below:Public Sector: Organisations mainly comprised under this sectors are owned andcontrolled by government. Main purpose of these organisation is to provide services toconsumers and satisfy their need and wants despite of earning profit. Funds in theseorganisations are collected through taxes, fees and various other financial institutions.Companies in this sector engage in improving infrastructure, transportation, telecommunicationand roads in order to economically raise standard of a country. British airways are a publicassociated company that serves their functions worldwide.Private Sector: Organisations in these business sector engages in fulfilling needs anddemands of consumers while earning profit. In context with, Ryanair airways they are largest2
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