Covered Content •Introduction •Objective •Meaning of organization •Types of organization •Size and scope of various organization •Conclusion •References
Introduction Under this section, an essay has been explained which are based on various objectives of two organisation such as National Health service (NHS) and M&S. The essay present a various scope and size of these two organisations.
Objective The purpose of this presentation is to analyses various factors which are related with M&S business operations
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Meaning of Organization Organizationis consideredasagroupofpeoplehaving common goals and objectives to be attain that would help M&S to gain stability and growth for the company.
Public sector organisation It is said to be that part of economy which is related with providing different legal services which are offered by government. Examples:NHS, Metropolitan police and local council.
Private sector organisation Sole trader:The one who manage and operate their own business operations. Ex. Corner shops, Grocery shops, corner shops and petrol station. Partnership:They work with the combination of more than one persons. Like: Legal firms and Accountancy departments.
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Continue.. These are related with those businesses which are owned privately by a group of business or by the individuals. The main objectives is to earn maximum profit. Examples: Levi's, Nike, Facebook and many more
Voluntary sector There prime motive is to serve people those are able to perform their role in the development of the company. Examples:Charities, Unions and association and other clubs.
Size and scope of Organisation NHS: The NHS has utilized more than 1.5 million individuals in the work framework. This specific association has one of the best five world's biggest work workforce. The NHS England included income asset farthest point of £101,708 million out of 2015-2016 (NHS, 2017).
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Continue.. Stakeholders:Theyaretheprimarypartsofan organizationandfurthermoreappreciatebusiness exercises and its operations. An essential stakeholders of this firm are workers, investors and clients.
Continue... M&S: M&Sincorporatesimmenseworkforcesoastoconvey perfectadministrationstotheirclientsoverthehuge commercial centre. The specific private association has gathered the income of £55,917 million in 2017. M&S has stores in 8 nations crosswise over Europe and Asia.
Continue.. There are Public, private and open associations and their structure,sizeandpurposeareextraordinary.Likethe private association Marks and Spencer, its size is enormous and its goals is to generate maximum benefit for their business.
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Conclusion Under this presentation, it has been concluded that how business environment is affecting the business of M&S and other organisation. It consists of various scope and purpose of different types of organisation.
References Turban, E., Sharda, R. and Delen, D., 2011.Decision support and business intelligence systems. Pearson Education India. Wheelen, T.L. and Hunger, J.D., 2011.Concepts in strategic management and business policy. Pearson Education India. Zeng, L., Li, L. and Duan, L., 2012. Business intelligence in enterprise computing environment.Information Technology and Management. 13(4). pp.297-310.