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Business and the Business Environment in Retail Company

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Added on  2021-02-22

Business and the Business Environment in Retail Company

   Added on 2021-02-22

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Business and the Business
Environment
Business and the Business Environment in Retail Company_1
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
LO 1.................................................................................................................................................1
P 1 Different types of organisation and their purpose and legal structure..................................1
P 2 size and scope of the organisation........................................................................................2
LO 2.................................................................................................................................................4
P 3 Interrelation between various organisational function .........................................................4
LO 3 ................................................................................................................................................5
P 4 Positive and negative impact of macro environment on businesses.....................................5
LO 4.................................................................................................................................................7
P 5 Internal and external analysis of Sainsbury..........................................................................7
P 6 Interrelation of strength and weaknesses with external macro factors.................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11
Business and the Business Environment in Retail Company_2
INTRODUCTION
Business environment refers to collection of all internal and external factors like
customers, employees, client, management, demand and supply etc. These factors affects the
functioning of the company and business environment by the different activities. The report is
conducted in two part in which 1st part reflects the essay on the different organisation functions
like the private sector, public sector and voluntary sector. It explains the functioning, purpose
and legal structure of the company and also the size and scope of the organisation. The second
part of the study is based on case study. It reflects the strength and weaknesses of the different
company like Morrison, Sainsbury and ASDA. It also explains the different internal and external
factor which affects the performance of the company by the SWOT, PESTLE and porters five
forces model. The study is based on the top retail industry of UK which was the leading
company in UK market.
LO 1
P 1 Different types of organisation and their purpose and legal structure
Difference between public, private and voluntary organisation
Basis Public sector (NHS) Private sector
(McDonald)
Voluntary sector
(Oxfam)
Meaning Public sector are non
commercial organisation
which provide the basic
services to the population
(Mitreva, and et.al., 2016).
Private sector
organization are the
organization who
provides the goods and
services to earn profit.
Voluntary sector
organisation are non for
profit organisation and
they also free from the
government control.
Source of
finance
They collect the fund from
the public as tax.
They collect the fund
from the different
shareholders and owner
of the company (Akhtar,
and et.al., 2016).
They generate the fund
from donation,
sponsorship and via the
different trust.
1
Business and the Business Environment in Retail Company_3
Treatment
of profit
The income or profit of the
organization is used for the
public services.
The profit of the
organization is distributed
in owners and
shareholders.
It is a non profit
organisation. The
collected fund of the
company is used for
social welfare.
Governmen
t control
Public sector like NHS
organisation are controlled
by the government.
Private sector
organisation like
McDonald are also
controlled by the
government.
Oxfam is not controlled
by the government forces.
Example Public sector organisation
provides the basic services
such as education,
banking, health, armed
force, roads, policing etc.
NHS provides the health
service to the public.
Example of private sector
are manufactures, shops
and financial services.
The example of voluntary
sector are charities, non-
profit, community sector
etc.
Legal
structure
They are separated from
the personal finance and
issue shares to the public
to generate the fund and
need atleast £50000.
McDonald have separate
legal identity. It operates
it business by the self
finance and generating
funds from the different
shareholders (Mazzucato,
2015).
Private company use the
private limited word at
the end of the company
name.
Oxfam is a not for profit
limited liability company.
The trustees of the
organisation are
responsible for assets and
activities of the company.
The council of trustee
work as a governing body
of Oxfam
2
Business and the Business Environment in Retail Company_4

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