BUSINESS AND THE BUSINESS ENVIRONMENT
Added on 2021-01-01
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BUSINESS AND THEBUSINESS ENVIRONMENT
ContentsINTRODUCTION...........................................................................................................................................1LO1..............................................................................................................................................................1P1 Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures........................................................................................................................................1P2 Size and scope of these organisation..................................................................................................3LO2..............................................................................................................................................................5P3 Relationship between different organisation function and how they link to organisational objectives and structure..........................................................................................................................5LO3..............................................................................................................................................................6P4. Pestle analysis of macro environment within organization...............................................................6LO4..............................................................................................................................................................8P5. SWOT analysis of organization...........................................................................................................8P6. Inter-relation of micro and macro factors and their influence on decision making within the organisation...........................................................................................................................................11CONCLUSION.............................................................................................................................................12REFERENCES..............................................................................................................................................13
INTRODUCTIONBusiness environment is the collection of internal and external factors that includesinvestors, suppliers, clients, customer needs, employees, government etc. all these factors affectsthe functions of the company as business is depends on these factors. Tesco is the organisationwhich is the third largest retailer in the industry founded in 1919 by Jack Cohen and 6,569 shopstill the 2018. This report contains the different types of organisation that is private organisation,public organisation and voluntary organisation and their purpose. This report explains the sizeand scope of these industry and the relationship of different department of organisation andexplains the positive and negative influence on the macro factors of environment.LO1P1 Explain different types and purposes of organisations; public, private and voluntary sectorsand legal structures.There are three types of organisation that is public, private, and voluntary.Private organisationThis organisation is operating for the purpose to make profit and these were operating toachieve some specific goals and objectives. Private company is owned by the individual or thegroup of persons in which business there is no involvement of government in the course ofbusiness. Majority of business is regulated in the private sector and make the profit from theactivity performed by the business (Trkman, Budler and Groznik, 2015). Tesco is the bestexample of private organisation, it is the third largest organisation in the world. They are havinglimited liability and owned shares. Private company must be having two directors. Purpose: They plays the most important part in the economic system of the country as theycontribute very high in the economy by running their operation with the motive to earn profit.They are the most important source of growth and development in per capita income of thecountry and because of that it increase the GDP of country.Legal Structure: As Tesco is the legal structure that make sure the business is operatingproperly. One of is legal structure is corporate governance and shareholders deals in this sector
and they make sure that Tesco is achieving the strategies what the shareholders are expecting.Licensing team will ensure that everyPublic organisationPublic sector organisation are those organisations which are owned for the purpose of notfor profit organisation that means other than financial gain. This type of organisations aredifferent from the private organisation. The organisation which come in this category is NHS thatstands for National Health Service (Svensson and Wagner, 2015). It is being run by thegovernment as a health care organisation that gives the services of health and medical services tothe citizens resides in United Kingdom. They provides the free services starting from theprescription till the end.Purpose: This organisations are the government owned bodies with the motive to deliver thepublic goods and governmental services with the intention for the betterment of society. NHS isthe organisation which aims to improve the life and focus on quality of care. Their purpose is toprovide the good health care available to all regardless of wealth as it is the comprehensiveservice available to all.Legal structure: Legal structure of NHS is that they focus on the health so they have to complywith the Health and social care act 2012 and care act 2014 established for health educationEngland and Health research authority.Voluntary organisationVoluntary organisation are those who is being made from the group of individual whohas been in the agreement to attain a specific purpose (Trkman, Budler and Groznik, 2015 ).Kind of these organisation is being made for the upliftment of society, rural development,promotion of art, culture and sports etc. Voluntary organisation are being made for the purposeof charitable, social, philanthropic or any religious purpose. Example of Voluntary organisationis Oxfam. Oxfam is having 20 independent charitable organisation and their aim is to eradicatethe poverty globally.Purpose: The purpose of the voluntary organisation is to provide benefits to the society andenrich the society at large without considering anything in return as profit (Svensson andWagner, 2015). Their aim is to create the social wealth and contributes in the betterment ofsociety. The purpose of Oxfam is to help the people directly and helps in development ofobjectives which benefit the people directly facing the poverty and injustice and create the
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