Business and The Business Environment

Business and The Business
Environment
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Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Explain different types and purposes of organisations; public, private and voluntary sectors
and legal structures......................................................................................................................3
P2 Explain the size and scope of a range of different types of organisations.............................5
TASK 2............................................................................................................................................7
P3 Explain the relationship between different organisational functions and how they link to
organisational objectives and structure........................................................................................7
TASK 3............................................................................................................................................8
P4 Identify the positive and negative impacts the macro environment has upon business
operations, supported by specific examples................................................................................8
TASK 4..........................................................................................................................................10
P5 Conduct internal and external analysis of specific organisations in order to identify
strengths and weaknesses..........................................................................................................10
P6 Explain how strengths and weaknesses interrelate with external macro factors..................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
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INTRODUCTION
Business environment is determined as a total of external and internal environment factor
that influence decision making by organisation. Both imposes different impact on practices of
organisation as internal element the affect of internal elements are controllable but external
factors are determined as a beyond control. Therefore, the organisation considers business
environment assist them in grabbing various opportunities in particular phase of time period. In
this assignment, the organisation is undertaken named as Marks and Spencer. It is leading British
retailing company which is located in London, England. In this report, there is different topic
such as size, scope as well as a structure of organisation in relation to public private and
voluntary firm. Furthermore, the interrelationship between different departments and impact of
external and internal elements on operations of organisation is discussed. In addition to this, how
macro element is interrelated with strength &weakness of organisation are also explained in this
assignment (Bedianashvili, 2016).
TASK 1
P1 Explain different types and purposes of organisations; public, private and voluntary sectors
and legal structures.
It has been analysed that the success of organisation is depend upon experience as well as
skill by using target market. There are different types of companies that are categorised depend
upon its objective as well as nature. There are three kinds of company that is given below:
Private sector organisations
It plays a very important role within economic of country. The focus is on operating
organisation with clear objective that help in increasing profitability level. Marks and Spencer is
the best example of providing different variety of clothes, products and other goods to its user in
order to satisfy them. This company was given by Michael Mark and Thomas Spencer in the
year of 1884.
Different type of private sector organisation
Joint venture is determined as a business contract between more than two partners in
order to conduct business in an appropriate manner.
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Sole proprietorships: Herein, there is only one person who performs different activity in
an appropriate manner. He is considered as only owner of organisation and responsible for whole
debts such as Ma Bakers a example sole proprietorship..
Partnership: It is the formal type of organisation in which more than two person handle
organisation by sharing profitability level (Franklin and Marshall, 2019).
Features: The main characteristic is that the operations of organisation are performed by
single person without any kind of involvement of government.
Goal: The goal of organisation is to provide superior quality product and services in
order to satisfy them.
Purpose: The main purpose is to increase profitability and achieve leading position in
future period of time.
The objective is to set effective benchmark for other firm which is depend upon quality
of product of organisation.
Legal feature: It is determined as a public limited company in which they listed their
product on London stock exchange
Public sector organisation
This is the type of organisation that is implemented their functions under government.
For example NHS is determined as a health care organisation which provides healthcare facility
to individual person in order to satisfy them.
Different kind of public sector organisation
Public or statutory corporation: This type of organisation performs their business under
the special Parliament Act. The main purpose is to provide welfare to the society.
Departmental undertaking: It is determined as the oldest kind of organisation that is
conducted, financed and monitored through other government.
Features: Herein, the organisation performs their business under control and governance
of government under companies Act.
Goal: The goal of organisation is to provide better health to individual person during
particular phase of time period.
Purpose: The purpose of organisation is to offer high standard of professional services to
its patient.
Objective: The objective is to provide appropriate care to its user.
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