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Business and the Business Environment : M&S

   

Added on  2020-06-04

15 Pages4329 Words44 Views
Business and the BusinessEnvironment

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P.1 Purpose of private, public and voluntary organisation and their legal structure...................3P.2 size and scope of M&S and Age UK London and welcome trust.........................................4P.3 Relationship between various functions within M&S for achieving the organisationalmission and objectives.................................................................................................................6TASK 2............................................................................................................................................7P.4 Identify the positive and negative impacts the macro environment will have upon thebusiness operations of..................................................................................................................7M&S............................................................................................................................................7P5 Internal and external analysis.................................................................................................9P.6 M&S strengths and weaknesses interrelate with external macro factors............................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13

INTRODUCTIONBusiness and businesses environment is will play the major role to boost the economy ofthe nation. As the we choose the mark and Spencer in report to highlight the business and theirbusiness environment factor which are influencing in operation work. The purpose of private,public and voluntary organisation and their legal structure bring the business environment moreefficient. The size and scope of different organisation will help to compare with M&S. It isimportant for the interlink k between then various department of the organisation achieve themission and objectives (Berman and et.al., 2009). From the internal and external analysis of theM&S will be help to change in strategies of their business to bring the better growth anddevelopment according the these factors. Strength and weakness can be identified with the macrofactor of the organisation.TASK 1P.1 Purpose of private, public and voluntary organisation and their legal structure.The main purpose of any organisation in an environment to make the economic conditionbetter and help to society for their development.Private organisations: In a private organisation business is owned by small groups. Thistype of organisation don't have the much power and shareholders are also the owner of thebusiness. As the private organisation have the limited liability. The main purpose of the privateorganisation is to give inject in an economic (Cheng and et .al., 2007). So proper growth anddevelopment can be made for society. The legal structure of private organisation concernedfollowing things such as:Legal documents: Memorandum of association and Article of association.When the above documentation have completed the next step is to send documentto registrar of companies and then they will issue the business a certificate ofcooperation which is important for trading as private organisation.As the private organisation like M&S are important for the nation as they help to boostbusiness environment and growth of the society.Public organisation: it is an incorporated business in which government will run thebusiness and supreme bodies of the government will take all the business decision. As the publicorganisation have major impact on business environment because it influence on the economic4

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