Different Types, Size and Scope of Organizations

This assignment explains the different types, size and scope of organizations such as private, public and voluntary. It discusses the legal structures, missions, objectives and stakeholders of each type of organization. It also compares the size, structure and objectives of Marks and Spencer, Crown Prosecution Services (CPS) and Oxfam.

Business and the
Business Environment
1

2

Table of Contents
INTRODUCTION...........................................................................................................................4
L01 Explain the different types, size and scope of organisations....................................................4
Different types and purpose of firms: public, private and voluntary sector and legal structures 4
Size and scope of different organizations....................................................................................7
LO2 Demonstrate the interrelationship of the various functions within an organization and how
they link to organizational structure..............................................................................................10
Relationship between several functions of firms and their interrelation to organizational
structure and objectives..............................................................................................................10
LO3 Use contemporary examples to demonstrate both the positive and negative influence/impact
the macro environment has on business operations.......................................................................11
Positive and negative impacts the macro environment has upon business operations..............11
LO4: Determine the internal strengths and weaknesses of specific businesses and explain their
interrelationship with external macro factors................................................................................14
Internal and external analysis of particular firm to identify strength and weakness..................14
Interrelation of strength and weakness with external macro factors..........................................15
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18
3

INTRODUCTION
Business environment is the process of having sum total of several factors like internal
and external factors that consists client, employees, demand and supply, owners and many more.
All these factors directly influence different types of functions and operations within the business
along with their overall managing systems. On the other side this assorted factors also influence
working environment conditions of business. Apart from this business environment commonly
brings so many changes within the working process of employees that have positive impact on
them. With the help of this business can be sustained for long period of time into competitive
scenario. Furthermore, this assignment is based on different types of organization such as public
(Crown Prosecution Service), private (Marks and Spencer) and voluntary (Oxfam). Along with
this report includes different types, scope and size of firms and interrelationship of several
functions and their linked with organizational structure. At last, PESTLE analysis and SWOT
analysis in the context of firm will get covered (Avramenko, 2012).
L01 Explain the different types, size and scope of organizations
Different types and purpose of firms: public, private and voluntary sector and legal structures
According to the competitive advantages so many organizations are dealing with
different types of goods and services in order to achieve targeted goals. There are so many firms
who follow assorted kinds of structure, those are as follows:
Private organization: These sorts of firms mainly considered as the person, partnership and
corporation that all are managed and controlled by public with the aim of achievement of
targeted goals in a successful way. Herein, Marks and Spencer has been selected as private firm
which is one of the best British multinational retailers and it is headquartered in London, United
Kingdom. It was formed in 1884 through Thomas Spencer and Michael Marks. It deals with
essential items like clothing, home appliances etc. With the help of dealing with such kind of
items they can achieve their goals through satisfying entire needs and demand of people. This
private firm does not include government pressure so that they always make their own decision
in order to sustain at market for long time (Berg, Kilambi and Siebel Systems Inc, 2014). For
4

example: If talk about Apple it is one of the best private firm who produce ample number of
mobile phones, software, computers, Mac book and many more. In order to make these assorted
goods they are not require to take permission from government and make their own decision
towards it. With the help of this they can achieve their goals without facing any government
challenge at marketplace. It develop huge profit for them as private company made for earn
profit.
Legal structure: Marks and Spencer follows organizational legal structure in order to
have limited management levels between employee’s front line and administrative level. With
the help of following such kind of structure organization is able to encourage workforce to take
proper decision making process. Due to less management level of communication becomes
easier which allows frequent changes as well as problem solutions (Ballard and et. al., 2012).
Cooperatives: It is the process that depends on person by whom they are able to meet
social, economic needs of consumers and bring so many functions or approaches to implements
on them.
Purpose: Marks and Spencer having aim to offer its goods and services within general
stores so that upper as well as middle class people can buy their goods on time. Apart from this
they want to add more decorating items within their firm so that they can achieve their goals.
Stakeholders: Marks and Spencer have numerous stakeholders such as civil society
firms, customers, employees, investors and media by which they can get profit at competitive
scenario.
Public organization: Public sector mainly encompassed of firms that are operated and owned by
government as well as exist in order to offer services for people within society. Similarly, public
sector do not made for earn profit. In this sector, Crown Prosecution Services has been chosen as
public firm which is great public agency used for conducting criminal prosecution at England
and Wales. At present, this public agency having approx. 6,000 people as workforce in order to
give huge satisfaction to people through providing better services. For example: National Health
Services is considered as best public firm that commonly improves and considered health of
people in order to give them safety tools towards their health (Bharadwaj and et. al., 2013).
5

Legal structure: CPS mainly follows ample number of evidence and police as legal
structure by which they can take accurate decision and able to communicate their different
views.
Sole traders: These are self-employed person who run their own business and does not
consists any kind of legal identification as well as severalty work for society.
Proprietorship: In this two or more people works together along with have
responsibility to manage each function of firm at marketplace.
Purpose: Main purpose of CPS is to overcome crime from the nation through taking
helps from police in order to satisfy people every time. With the help of this they can get proper
information and achieve goals.
Stakeholders: In CPS there are so many people who are considered as stakeholders and
associated with government agencies, financial institutes that helps firm to take strong decision
making process for better growth of society (Hilton and Platt, 2013).
Voluntary Organization: It includes particular group who signs the agreement as per their own
choice is called voluntary firms. With the help of this they can fulfill their aim and achieve
targeted goals. It includes professional associations, learned societies, trade unions and many
more. In the context of Oxfam, it consist several kind of alliances along with twenty independent
charitable trust that works together to reduce poverty from nation. It was established in 1942 by
Cecil Jackson-Cole in England. Thus, this firm is not for profit and seeks human profit always.
For example: NGO’s are effective volunteer firms who generally offer better services to people
and fulfill their needs and wants effectively.
Legal structure: Oxfam apply hierarchical structure for developing best values, beliefs,
norms and trust into the mind of people so that they can build strong community without any
issues. There are few aspects of this structure, which are:
An Unincorporated association: It is known as large number group of people who works
together to achieve desired goals effectively.
6

Legal needs: There are so many laws and legislations like legal advice, charity, checklist
and so on.
A Trust: It is essential for person to develop trust among representative firm so that they
can get encourage and able to produce more ways through investing funds to make better
services for people.
Partnership: By following such kind of legal structure Oxfam is able to keep numerous
group of people as partners to provide better services and make each person happy.
Purpose: The main aim of Oxfam is to find out better solutions to overcome several
issues which are faced by person within society. By establishing so many alternatives they can
overcome poverty from the nation.
Stakeholders: In regards with Oxfam, it includes volunteers, founders and employees.
All this helps to firms so that they can make better decision in different modes (Janita and
Miranda, 2013).
Size and scope of different organizations
It is essential for very firm to make proper scope, size, mission and objectives which is
considered as most helpful approach for business. With the help of this firms can build their
strong image as they have purpose to achieve targeted goals. There are different scope and size
of so many companies, those are mentioned below:
Private organization: These sorts of firm always have aim to earn profit by increasing
their sales and revenue in a highest manner. In regards with Marks and Spencer, there is several
kinds of business aspects followed by them, which are:
Background: Marks and Spencer is biggest retailer of household, food and clothing
items along with financial services. It is global brand thus, they have good image in front of
people at marketplace (Prins and Cybercrime, 2011).
Mission: Main mission of this firm is to make or provide inspirational quality of their
goods that increase their chance to spread their business in a perfect way.
7

Vision: The vision of this firm is to works on their organizational goals so that they can
successfully increase their business in a best mode.
Objectives: Main objectives of M&S are to bring few innovative changes within its
goods and services by which they can attract the customers in a proper way.
Products: Goods and services of this firm include home appliances, clothes, food items
and many more.
Size: Marks and Spencer operates its overall stores internationally so that size of this firm
is large by which they can achieve their goals.
Scope: Through dealing with ample number of goods and services they are able to
operate its functions globally so that scope of Marks and Spencer is very wide.
Structure: Marks and Spencer generally follows flat organizational structure in order to
overcome gap between employees and firm so that they can accomplish its management goals.
Along with this, directly influence employees positively and encourage them to achievement of
targeted goals.
Thus, private firms always works for earning huge profit by which they can make their
goodwill and able to build strong relations with ample number of customers within short period
of time (Vitale, 2011).
Public organization:These types of firm have government control or it is controlled and
managed by governmental agencies. In regards with CPS it is the best public firm that includes
different types of elements, those are as follows:
Background:Crown Prosecution Services is great public firm which is used to conduct
criminal persecutions and registered in Wales or England. It was formed in 1986 with the help of
around 6,000 people at that time. Along with it makes various policies for human safety by
which they develop positive environment.
Vision:Main vision of CPS is to develop strong relations with humans so that they can
understand their problems effectively.
8

Mission:To offer several safety methods of tools so that people can live properly.
Objectives:The main objective of CPS is to provide several kind of protective tools by
which they can satisfy people needs and wants.
Goods and services:CPSgenerally deals with so many tools which is used for people
safety.
Size: CPS work with the help of lots of people that attracts the ample number of people
within short period of time.
Scope:This firm has huge scope as it offer different types of safety tools for people.
Structure:CPS follows hierarchical structure by which they are able to take better
decision towards overcome crimes from societies.
From the above given several size and scope of CPS it has been said that it is large public
firm which works for overcome crime from the nation.
Voluntary organization:In regards with Oxfam, it is associated with 20 independent charitable
trusts which is used to remove poverty from the nation. It was founded in 1942 globally along
with it is not for profit it develops as a safety for people.
Mission: Main mission of this firm is to formulate better techniques for overcome
poverty and make every individual happy (Prins and Cybercrime, 2011).
Vision: To overcome poverty worldwide.
Objectives: Business objective of Oxfam is to provide numerous services that improve
living standard of people within society.
Size:This organization dealing with its services globally so that they have effective size
within societies.
Scope:Having huge workforce always increase the scope of this organization.
Structure:Oxfam use simple organizational structure in order to bring more
improvement within its services.
9

From the above mentioned several kind of elements this can be said that Oxfam have
large number of employees as workforce that makes them attractive and create great interest of
people towards them. It helps them to remove poverty from the nation.
Differences between Marks and Spence, CPS and Oxfam on the basis of their size structure and
objective:
Particular Marks and Spence CPS Oxfam
This is trustee
organization which
follow simple
structure of
organization to run
their business
activates
Type of organization Marks and Spence
establishes and
registered as private
organization it is large
sixe of organization.
Cps is a famous
public organization as
in this the organizat. It
is operated and
regulated by
government.
It is established in
1942as indieepnede
organization which is
run BY Oxfam
international.
Structure Marks and Spencer
follow flatter
organization structure
in which the layers of
hierarchy structure cut
and decreed neurotic
structure of the
organization.
CPS it uses line
organization structure
in which all the
manger and
employers are
responsible towards
their subordinates.
Scope Marks and Spencer is
the multinational
retailer organization
which is main
objective is to
increase its target
market area by
becoming leading
industry in clothes
and fashion.
CPS is service
organization which is
not larger
organization but the
aim of this company
to proves best public
investigation service
and control crime
issue in UK.
It is trust which is
main object is not to
earn profit but to
control or prevent
poverty problem by
stating and awaking
people towards the
issue of poverty
10

Analyze how the structure, size and scope of different organizations link to the
business objectives and product and services offered by the organization
These different types of associations are defined by their size, scope and affiliation with their
authoritative goals, capabilities and administrations. For this purpose we will study about three
different types of organizations and their different aspects:
Sole trader
There is a definite expansion in the society as there is the ability to make choices with the owner
and there are low needs and subsidies that make it possible to start something new. Authoritative
implementation and the exercises are strongly linked to the goals of the society.
Partnership
In the current business climate, there are a number of associations between different societies
that are getting powerful results and making it bigger and more fertile. You must have definite
control and advice between these exercises and goals in order to obtain productive results in the
society. The structure, size and exercises of the association company successfully affect the
articles and administrations provided by the organization.
Organization
Authoritative destinations affect the various perspectives that affect society's broad
appropriateness. Several exercises are identified during the time spent in creating articles and
offering types of assistance in the society that may affect the overall performance of the society.
LO2 Demonstrate the interrelationship of the various functions within
an organization and how they link to organizational structure
Relationship between several functions of firms and their interrelation to organizational structure
and objectives
Interrelationship between so many firms shows their appropriate identities and values
within the marketplace. In regards with Marks and Spencer there are so many functional units
those are interrelated with each other. Along with this, firm is able to attain their goals through
11

performing successfully within competitive scenario. There are some departments of respective
firm, those are mentioned below:
Marketing and Finance: Finance department plays significant role within the company.
It helps firm to give better budget statement by which marketing department can operate their
services accordingly. In regards with Marks and Spencer, finance functional unit develop
effective fund statement for them so that they can manage their business accordingly. It shows
the interrelation between marketing and finance department (Weiss, 2014).
Marketing and HRM: Human resource plays significant role within every firm as they
have responsibility to recruit high skilled employees to achieve targeted goals. In regards with
Marks and Spencer, HR department always hire and select knowledgeable people through
consulting with marketing department. Thus, it shows their interrelationship of both departments
that increase firm’s value with high profit.
Organizational Structure:
Illustration:1Organisational structure
Source: Organisational structure 2018
12

Within the Marks and Spencer flat organizational structure has been followed in order to
encourage employees every time by which they can give better performance of work at
workplace. On the other side, this structure has pyramid shape that specifies the different levels
of management within the company. Additionally, it helps respective firm in order to produce
large number of goods and services with the aim of fulfilling overall needs and wants of people
effectively. It increases their productivity and helps them to further achievement of goals. Apart
from this, it is necessary for them to follow this structure in order to sustain at marketplace for
long time (Prins and Cybercrime, 2011).
Analyze the advantages and disadvantages of interrelationships between
organizational functions and the impact
A useful hierarchical structure is the best known of the three authoritarian structures found by
most organizations. Groups composed of primary agents as indicated by their exercises in
society.
Advantages:
Specialization: the clearest point of a practical association is that the collection of specialized
personnel guarantees a reliable level of departmental competence. This is especially true for very
large companies that include some useful levels within a region: a dedicated technology bunker
that tracks technical problems that are not solved by the collection of telephone technical
assistance needed, for example.
Operating speed: an operating advantage of this type of hierarchical specialization is the
operating speed. All in all, high tech will tackle a help problem faster than someone with less
experience. It is also likely that we will prepare new employees first.
Operational clarity: the separation of the workforce as defined by an activity defines a
responsibility for classification and the assignment of errors. This generally eliminates duplicates
of specifications that fit and execute and makes it easier for the board to direct the work to
suitable agents.
13

Disadvantages:
Isolation: the presence of offices with agents with expertise in specific areas of work leads to
organizations being harassed. Representatives from different organizations do not have the
opportunity to meet and offer ideas, which can be risky for the long term of the industry.
Editing common responsibilities: Normal authorial purpose improves representative intention
and performance and is an important indicator of hierarchical performance. When all meetings of
masters in a practicum society are relatively separate, the usual security that affirms a more
lonely authoritative reason for their survival is more vulnerable than in a society where different
types of delegates are concerned communicating regularly.
Lack of coordination: in an idealized society, the commissions of each meeting would not
require any contribution from other practical meetings, but this is often not the case. As letters
become increasingly common in societies, confidential meetings may not meet expectations or
even not be smooth in that they do not have an institutionalized conceptual method of conveying
needs and problems to other useful meetings could have made a difference.
LO3 Use contemporary examples to demonstrate both the positive and
negative influence/impact the macro environment has on business
operations
Positive and negative impacts the macro environment has upon business operations
Business environment refers to the combination of several types of internal and external
factors include employees, clients, customers and many more. If talk about several firms there
are various macro factors that have direct impact on business activities and their performance as
well. Thus, it is necessary for companies to considered negative and positive effect of macro
factors in order to achieve predetermined goals. There are some factors that have both positive or
negative impact on firm, which are:
14

Political factor: Within the competitive world every country has their own governmental rules
and regulations in order to follow proper guideline to run their business successfully. In regards
with Marks and Spencer as it is one of the best retailing brand of UK so that political factor is
stable in UK thus, they are not needed to bring few changes as they already works properly along
with it encourage them to achievement of targeted goals.
Positive: Within the UK political factor has stability so Marks and Spencer influenced by this
positively along with able to sustain at marketplace for long time. The government Also provide
them help to enhance their business by introducing new schemes
Negative: Sometimes, implementation of new rules and policies by government of UK can create
issues for M&S so that it negatively impact on their business. Due to Brixit agreement , the
organization suffers from problems related with high interest rate.
Economic factor: It includes inflation rate of economy, GDP, interest rates and so on aspect that
directly influence business activities at marketplace. In regards with Marks and Spencer, it is
necessary for them to identify this factor first before execution of several pricing strategy. With
the help of this they can attain their target and able to achieve their desired goals.
Positive: Exchange rate plays significant role within the income factor of firm. It positively
influences M&S so that they can make proper strategy of cost (Wheelenand et. al., 2017).
Negative: Due to heavy inflation rate at marketplace negatively impact functions of M&S so that
they can face some issues during manufacturing of its goods and services. The organization is
not able to gerante profit.
Social factor: This factor comes under the taste and preferences of people that directly influence
overall functions and operations of firms. In regards with Marks and Spencer, they generally
considered taste and preferences of people in order to fulfill their needs and wants so that they
can accomplish its desired objectives.
Positive: According to positive impact respective firm is able to determine consumer’s taste and
preferences towards goods and services. It develops good relations between firm and customer at
marketplace.
15

Negative: Consumer’s tastes and preferences changes frequently so that it can be take time
within firm to manage price of other methods. Even people also attract towards other
organization due to high process of the products.
Technological factor: Advancement of technologies always important for firms to have new
techniques in order to satisfy customer’s demand. In Marks and Spencer, they always use high
technology in order to fulfill their customer’s needs.
Positive: Using high technological tools and methods directly impact on firm’s profit positively
so that people can buy their products easily. Marks and Spankers us social media and digital
platform to attract customers.
Negative: Sometimes, adoption of new techniques can be costly or expensive that creates few
errors within firm so that they cannot reach their goals properly.
Legal factor: It includes several rules and regulations given by the government of UK. In
regards with Marks and Spencer all these followed by them to make their better image at
marketplace.
Positive: If respective firm regularly follows so many legislations and rules then they are able to
enhance their productivity as well as profit (Business environment. 2018). These factors use
organization to run in ethical way.
Negative: Sometimes, lots of laws and legislations directly impact on overall working
performance of Marks and Spencer. The company need to pay lost of tax liabilities and also
contribute in CSR.
Environmental factor: This factor refers to the usage of eco-friendly goods and services by
which firms are able to attain their desired goals within competitive scenario in an effective
manner.
Positive: With the help of environmental factor Marks and Spencer is able to make effective
goods and services by which they can achieve desired goals and that have positively impact on
firm. The environment attract tourist which directly increase the profitability rate.
16

Negative: On the other hand it takes too cost as well as time for protecting goods and services
from the negative environmental factors. At the present time the whole world suffer due to
COVID 19 which is adversely affect the supply and profitability rate of the organization.
Analyses of positive and negative impact on macro environment
PESTEL analysis and SWOT analysis are the use of company equipment to identify the quality,
shortcomings, openings and risks of the commercial company. Organizations use the PESTEL
test tool to track and analyze the serious situation in which the organization operates. In a study
PESTEL P represents Politician, E represents Economic, S represents Social, T represents
Technology, E represents Environment and L represents Legal Parties.
Political factor: political analysis helps identify the political barrier in the sector. This may
include government agreements, political dependencies in the domestic and foreign market,
remote trading arrangements and so on.
Economic factor: economic factors influence the benefit of the organization. The financial
factor includes the development of liquidity, loan commissions, transaction rates, swelling and
customer payroll, etc.
Social factors: the social and social components include the characteristics, affirmations and
minds of customers. These variables directly affect the organization as changes in customer taste
and propensity change the configuration of creation and demand - kindly the organization.
Technological factors: the technological variables influence the promotion and the blackboard
in a series of ways that entail new innovations for the creation of products and the offer of types
of help, techniques better for proprietary channels, etc.
Environmental factors: it is necessary to consider environmental elements due to the growing
scarcity of common goods.
Legal factors: the analysis of the legal elements includes well-being and safety, equal
opportunities, advertising gases, commercial rights and laws and so on.
17

LO4: Determine the internal strengths and weaknesses of specific
businesses and explain their interrelationship with external macro
factors
Internal and external analysis of particular firm to identify strength and weakness
SWOT analysis refers to the strength, weakness, opportunities and threats which are
encompassing factor that directly influence external and internal analysis of Marks and Spencer,
those are as follows:
SWOT Analysis
Strength Weakness
 Marks and Spencer considered as
corporate social responsibility that
influence employees in a positive ways
towards better working performance.
 This brand always provides several
types of clothing, food and household
items according to the trend.
 Main strength of this brand is they have
effective e-commerce infrastructure
that attract large number of people
(Vitale, 2011).
 Due to the high demand of people at
marketplace they are not able to fulfill
their needs and it directly influences
their profits in a negative manner. It
also develop negative image of firm
within consumer’s mind.
 There are numerous products that
remembrance’s lead as the loss within
people tendency. Thus, having such
kind of weak point decrease firm’s
value and its productivity.
Opportunities Threats
 Marks and Spencer has its presence
worldwide together with great online
presence make opportunity for them to
increase its business into highest
position of world.
 Having great image of its goods and
 There are different types of competitors
of Marks and Spencer like Zara, H&M,
Forever 21 and many more. All these
have negative impact on respective
company.
 Within the marketplace there is large
18

services this firm has opportunity to
expand its business within the domestic
areas.
 By having such kind of opportunities
they have many more types of
operating model of their system by
which they can achieve their targeted
goals and objectives.
number of chains within food so that
due to competition sales and revenue of
firm can be decrease.
 Clothes industries have several kind of
change that influence customer’s mind
as well so that it create issues for M&S
along with overcome their profit.
Interrelation of strength and weakness with external macro factors
Within the Marks and Spencer, manager has responsibility to make effective decision
making process in order to understand the impact of macro and micro factors as that have
negative or positive impact both. Therefore, PEST & SWOT are commonly interrelated with
macro environment, those are as follows:
Political: Within the numerous changes into governmental rules and policies along with
taxation rate kind of issues faced by Marks and Spencer. By which they are not able to put
effective cost based strategies. After facing such kind of challenges they are able follow
governmental rules properly which is their strength to achieve targeted goals on time.
Economical: While impact of Brixit on Marks and Spencer they have been faced
financial crises that reduces their income level and increase more competition for them. While
focusing on this problem they properly able to offer fine quality of goods and services that
influence customers positively (Hilton and Platt, 2013).
Social: According to the competitive advantages trends and taste of consumers rapidly
change day today. In regards with Marks and Spencer as they are dealing with numerous goods
and services so that they are able to build their positive image at marketplace along with satisfy
consumer’s needs effectively.
Technological: Adoption of new techniques can be more expensive rather than to follow
regular techniques. In regards with Marks and Spencer they always able to adopt new techniques
or tools to satisfy people needs. But sometimes, it can be risky for them as they are not able to
19

handle every tool in one time that increases issues like conflicts between employees and firm or
create negative image of them.
Thus, PEST and SWOT are interrelated with each other as firm’s sales and revenue
always based on their working business environment by which they can satisfy needs and wants
of people positively.
Porter’s 5 forces model:
It is essential to every firm to determine their competitive force before producing their
services and goods and marketplace. This model is followed by Marks and Spencer, which is
mentioned in beneath:
Competition in the company: In regards with M&S there are few competitors of this
firm so that they are needed to focus on their goods manufacturing procedure (Wheelenand et.
al., 2017).
New entrants in firm: In this respective firm needs to use high technological methods by
which they can sustain for long time.
Buying power of buyers: It is low because it is based on M&S that hoe many consumers
are there so that they make their objectives accordingly.
Buying power of suppliers: In regards with Marks and Spencer, it is low due to large
number of suppliers within marketplace of UK.
Threats of substitutes: In this manager of Marks and Spencer needed to apply some
unique models and strategies for accomplish goals through fulfilling demand of people.
Impact of micro and macro factors on aching business objective
Business organization is build up with the factor of environment of business. These factor
directly and indirect affect the survival rate as well as help in achieving the objective of the
organization. Micro factor are related with the internal environment and macro factor are concern
with external business environment which includes all the politics, social, economical
competition, media etc. Organization use various environment scanning technique to identify the
impact of these factor n the business, with the use of Pestle, SOWT ad porter‘s 5 model, manger
20

determine their pact and useful as in achieving object. All theses factor directy link and conncet
with the organization’s achievement .Micro factors help in determining the objective formulation
of policies and business activities there are the workforce, financial resource. With the use of this
factor organization will b able to provide good and service. On the other hand, political factor,
economic factor, all are directly affect the demand and supply element and organization
formulate polices according to the demand of customer, and condition of market. , macro
environment factor identify the risk and opportunity available in the market and with the help of
these organization able to attain objective .
CONCLUSION
As per the following report it has been analyzed that, business environment plays crucial
role within the every firm by which they can manage their several functions and operation in a
proper manner. Along with this firms are able to learn so many concepts from environmental
situations that help them to develop different kinds of ideas to operate business without any
issues. Moreover, there are different types of firms who directly help people in so many ways
through following different types of culture, structure and functions. Thus, it develops best ways
for firm to produce best ideas towards achievement of goals. Herein, SWOT and PESTLE
analysis has been conducted I order to known the actual impact on firm and there are so many
functional departments who are interrelated with each other which is considered as helpful aspect
for firm to achieve their goals on time. Apart from this there has been porter’s five forces model
has been conducted which is useful for firm to identify competitive scenario. Therefore, every
firm should focus on business environmental situations so that they can make better decision
towards sustaining at marketplace.
21

REFERENCES
Books and Journals
Avramenko, A., 2012. Enhancing students' employability through business
simulation. Education+ Training. 54(5). Pp,355-367.
Ballard, C. and et. al., 2012. Dimensional Modeling: In a Business Intelligence Environment.
IBM Redbooks.
Berg, E. and Kilambi, K., Siebel Systems Inc, 2014. Method and apparatus to facilitate
development of a customer-specific business process model. U.S. Patent 8,639,542.
Bharadwaj, A. and et. al., 2013. Digital business strategy: toward a next generation of insights.
Hilton, R. W. and Platt, D. E., 2013. Managerial accounting: creating value in a dynamic
business environment. McGraw-Hill Education.
Janita, M. S. and Miranda, F. J., 2013.The antecedents of client loyalty in business-to-business
(B2B) electronic marketplaces. Industrial Marketing Management. 42(5). Pp,814-823.
Prins, J. R. and Cybercrime, B. U., 2011.Diginotar certificate authority breach’operation black
tulip’. Fox-IT, November.
22

Schaltegger, S., Lüdeke-Freund, F. and Hansen, E. G., 2012. Business cases for sustainability:
the role of business model innovation for corporate sustainability. International Journal
of Innovation and Sustainable Development. 6(2). Pp,95-119.
Vitale, R. P., 2011. Business to business marketing.Pearson Education India.
Weiss, J. W., 2014. Business ethics: A stakeholder and issues management approach. Berrett-
Koehler Publishers.
Werbach, K. and Hunter, D., 2012. For the win: How game thinking can revolutionize your
business. Wharton Digital Press.
Wheelen, T. L. and et. al., 2017. Strategic management and business policy.pearson.
Online
Business environment.2018. [Online]. Available through:
<http://www.investorwords.com/19252/business_environment.html>.
23