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Business And The Business Environment Assignment- Marks & Spencer

   

Added on  2020-06-06

16 Pages4574 Words43 Views
Business And The BusinessEnvironment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types of organisation with their purposes..........................................................1P2 Size or Scope of different types of organisations..............................................................3TASK 2............................................................................................................................................4P3 Relationship between different functions of organisation.................................................4TASK 3............................................................................................................................................6P4 Impact of macro environmental factors on business operations.......................................6TASK 4............................................................................................................................................7P5 SWOT analysis .................................................................................................................7P6 Weaknesses and strengths interrelate with external factors .............................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONBusiness is an activity that involves buying and selling of various kinds of products andservices in market place. For higher growth and success, every firm should consider allenvironment factors while making strategies and plans as environmental factors affect all theoperational activities of management. So, every company should focus on internal as well asexternal factors which can influence operational practices. It comprises of various different typesof elements such as sellers, sales, buyers, products, management, marketing, manufacturing andso on (De Jonge, 2011). The present project report is about Marks and Spencer which is thelargest retailer organization in United Kingdom. This firm provide products and services such asclothing, food items and home products in high quality to its customers and clients. In this report,different types of organizations with their purpose, legal structure, size and scope are given.Further, relationship between all functions of the organization has been determined. Apart fromthis the SWOT and PESTLE has been analyzed to know strengths as well as weaknesses of theenterprise.TASK 1P1 Different types of organisation with their purposesBusiness organization can be owned by any individual or group in which they setcommon set of goals. It may have different types of objectives depending upon the kind ofownership. For most of the companies, profit generating is the main aim. But few of them are1Illustration 1: Types ofbusiness organisation, 2017

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