Different types of organisations and their purpose

BUSINESS AND BUSINESS
ENVIRONMENT
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INTRODUCTION 3
LO.1 3
P.1. Different types of organisations as well as their purpose and the growth of the international business
environment. 3
P.2. Explanations of private, public and voluntary organisation. 6
LO.2 7
P3 Explain the relationship between different organisational functions and how they link to organisational
objectives and structure. 7
LO.3 9
P. 4.Identifying and discussing the macro environmental factors that influence the retention of business. 9
P.5. External and Internal analysis for M&S company to identify strength and weaknesses and their impact on
decision making process. 10
P.6. Explain how strengths and weaknesses interrelate with external macro factors for Tesco. 11
CONCLUSION 11
REFERENCES 12
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INTRODUCTION
Business environment is the most important term in the that defined the combination of
both macro as well as micro factors that impact the entire business operations and function of the
businesses. It is the collection of all individuals, companies and other factors which might or
might be not under the control of the company but it directly or indirectly affects the
performance. profitability, growth and survival of the company ( Neubauer and Lank, 2016). In
this present report Marks and Spencer company will be chosen for assessment. It is a major
British multinational retail company in United Kingdom. It was founded in 1884 by Sir Michael
Marks and Thomas Spencer. Its headquarters are located in London, United Kingdom. The
revenue of the company is £10.622 billion in 2017. This present report will cover different types
and purposes of organisations; public, private and voluntary sectors and legal structures.
Moreover, the size and scope of a range of different types of organisations will also include in
this assignment. Further this study will also make understand relationship between different
organisational functions and how they link to organisational objectives and structure.
LO.1
P.1. Different types of organisations as well as their purpose and the growth of the international
business environment.
In the business condition there are diverse types of organisation exist and these are
extremely fundamental factors in the development of global business condition. In this manner, it
is exceptionally huge to comprehend the genuine idea of open, private and voluntary
organisation that present in the business condition.
Private Sector Organizations-The organizations which are possessed and controlled by
individual or gatherings of individual are known as private sector organizations. These
organizations are not the part of government or state specialists. These organizations are likewise
a vital piece of the economy. The fundamental reason or expectation of privately-owned
businesses are to gain high measure of benefit by expanding sales and market share. With the
end goal to begin a privately-owned business the most extreme breaking point of individuals are
confined to 50 and least 2. The membership of offers of privately-owned business isn't took into
account open. Marks $ Spencer is a private division organisation which is working with the
expectation of acquiring tremendous measure of benefit by expanding deals and in addition of
the market share (Cairncross, 2014). Few examples of private sector organizations are
Developers, Designers, Repairmen, Accounting Tax, Dentistry, Apple, Morrison. Tesla and so
forth and numerous other private part organizations.
There are a few advantages and downsides of private area association which are-
Advantages Disadvantages
Every one of the individuals in the
private association are known to
The offer of private constrained
organization isn't transferable it is limited.
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every others.
Proprietor has all the intensity of
control of whole company.
Statutory gathering are a bit much
in the private company.
There are two executives to run the
organization (Leonidou and et.al.,
2015).
Obligation and liability of the
considerable number of individuals
are limited.
The greatest furthest reaches of the
considerable number of individuals are
confined which isn't more than 50.
Private associations are not permitted to
issue any prospectus to public.
Public Sector Organizations-The organizations which are owned along with control by
government of nation. Government incorporates administrative, state, metropolitan or common
government. The while control of organization is stayed in the hands of government legitimate
specialists. The enrolment are constantly open to the overall population. With the end goal to
begin an open public organisation, there are absolutely 7 least number of individuals are
requiring and there is no greatest breaking point of individual. Outline is the principle wellspring
of issuing offers to open. Organisations have more noteworthy supervision as well as control in
this type of organisation. Every one of the individuals have limited obligation or liability. The
fundamental reason or goal of open restricted organizations are the improvement or welfare of
the societies. They create work in the economy. The stock of public sector organization can be
procured by any individual. The arrangement of these organisations are legal. A few precedents
of open restricted organization are British Petroleum (BP), Burberry Group PLC and so forth.
There are a few advantages and disadvantages of open segment association which are-
Advantages Disadvantages
The risk of the considerable number of
individuals are restricted. The investors are
free of any hazard and harms.
Due to substantial number of investors the
hazard is broken up.
Retirement and passing of any investor does
not influence the life of company.
In these organizations in light of tremendous
number of investors it is difficult to protect
security and also mystery.
With the end goal to begin open restricted
association, it required gigantic measure of
lawful customs.
In broad daylight restricted organizations
there is absence of open intrigue.
Every one of the individuals in the
organization are unknown to one another (Ji-
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