Business and the Business Environment Assignment | JP Morgan

Business and the Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
P1 Different types and purposes of organisations..................................................................1
P2 Different types and scope of organisations.......................................................................4
TASK 2............................................................................................................................................5
P3 Relationship between organisational functions and link with objectives and structure....5
TASK 3............................................................................................................................................8
P4 Identify positive and negative impacts of macro environment upon operations...............8
TASK 4..........................................................................................................................................10
P5 Internal and external analysis of JP Morgan...................................................................10
P6 Interrelate external macro factors with strengths and weaknesses..................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15

INTRODUCTION
Business environment comprises internal and external elements which directly or
indirectly affect organisation and its activities. It is necessary that management implement
adequate equipments and tools in system to conduct operations effectively, thereby deliver
appropriate products and services in market to fulfil demands and requirements of people
(Gebauer, Paiola and Edvardsson, 2011). Present report is based on JP Morgan which is leading
firm and has headquarter in UK. It is a multinational firm which provide financial and banking
services to public. This assignment defines different types and purpose of organisation which are
present in market. Management require to adopt appropriate structure and formulate department
such as human resource, operation, finance and other functions to execute business operations in
efficient manner. Positive and negative impacts of macro environment are acknowledged by
management to design system accordingly. PESTEL and SWOT analysis are various techniques
which help administration of JP Morgan to have knowledge about market conditions and system
capabilities. Thus, internal and external analysis is conducted by management to interrelate
strengths and weaknesses by external macro factors.
P1 Different types and purposes of organisations
Market have different forms of organisation which are present to deliver products and
services and generate adequate profit from business. With fast development, companies have
large opportunities to execute innovative and creative business ideas to enhance goodwill of
firm. Public, private and voluntary are various types of firms which enhances employment
opportunities and help government in development of society. These are different types of
organisation which are described beneath:
Public organisation: This sector comprises companies which are established, regulated
and controlled by government to improve and strengthen state of economic conditions of
country. These are enterprise which help authorities to increase job chances, so that people can
generate adequate income for their livelihood (Holliman and Rowley, 2014). Bank of England is
public firm of UK which provide financial services to other institutions and public. It is main
authority which issue currency and formulate rules to govern the operations of other bank.
1