P2) Size and Scope of Different Types of Organisations

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Business and theBusiness Environment
Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................4P1) Different Types of Organisations With their Scope and Size..........................................4P2) Size and Scope of Different Types of Organisations.......................................................6M1) Linking of Size, Scope and Structure to the Organisational Objectives........................7P3) Interrelationship Between Different Functions of Marks and Spencer and Link to theOrganisational Objectives......................................................................................................8M2) Advantages and Disadvantages of Interrelationship Between Different OrganisationalFunctions................................................................................................................................9P4) Impact of Macro Environmental Factors on the working of Marks and Spencer..........10M3) Application of PESTLE Analysis on M&S..................................................................12P5) Internal Strengths and Weaknesses, Opportunities and Threats of Marks and Spencer12P6) Interrelation of Strengths and Weaknesses with External Macro Environmental Factors13M4) Application of SWOT Analysis and Influence on Decision Making...........................15CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
INTRODUCTIONBusiness Environment can be defined as the environment which consist of both internaland external factors and impacts upon the business in both positive and negative ways (What IsBusiness Environment? - Definition & Factors,2019). The impact of these factors mainlyconcerns on influencing the working of the company. In the internal factors, it consists ofemployees, management, directors, workers, managers. While in the external factors, it consistsof clients, government, customers, suppliers and many more that could create impact upon theworking of an organisation. The company chosen for the completion of this assignment is Marksand Spencer which is a UK based Multinational Company. It was founded in the year 1884 andis headquartered in Westminster, London. The following assignment will start covering thedifferent types and purpose of organisations, size, scope, their legal structure. In addition to this,the assignment will also make its focus on the interrelation between the different functions of anorganisation and their link to the organisational objectives. Additionally, the focus will also bemade on the impact of macro environmental factors on the working of the company. At last, the
discussion will be made about the internal strengths and weaknesses of the company and theirlink with the macro environmental factors.MAIN BODYP1) Different Types of Organisations With their Scope and SizeThere are different types of organisations which are explained as under:Private Sector Organisations:These type of organisations can be defined as those organisations which are whollyowned and controlled by private individuals(Andersson, Forsgren and Holm, 2015). Thegovernment does not have any sharing in these organisations. The organisation used in thefollowing assignment is Marks and Spencer.PurposeThe main purpose of the company is to provide their customers with high quality clothingproducts, home décor and food products. The customers of the company are middle class andupper class people.The main objective of this organisation is to make improvement in the salesof the company with the help of self motivated employees towards their work.Types of Private Sector Organisation:Sole Proprietorship:In the following type of private sector organisation, the business iswholly owned and controlled by a single private individual and all the rights to take decision liesin the hands of that individual only. The example of this type of private sector organisation is thesmall business owners(Apăvăloaie, 2014).Partnership:In this type of private sector organisation, business owned and controlledby two or more number of individuals with the purpose of earning profit and satisfying the needsand wants of customers. The power to take decisions lies in the hands of the partners in the firm.The liability of the partners also depends upon the type of partnership such as in case of generalpartnership the partners have unlimited liability and in case of limited liability, the partners haveliability to the extent to which they have had invested in the business. The maximum number ofpartners in the partnership firm is 40.Company:It can be defined as the form of organisation in which the organisation dohave a separate legal existence other from their owners. The company do consist of unlimited
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