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Business and the Business Environment

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Added on  2023-01-19

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This document provides an overview of the different types and purposes of business organizations, their size and scope, relationships between organizational functions, and the positive and negative impacts of the macro environment on business operations.

Business and the Business Environment

   Added on 2023-01-19

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Business and the Business Environment_1
Table of Contents
INTRODUCTION................................................................................................................................3
P1 The different types & purposes of the organization...................................................................3
P2 Size & scope of different type of organization...........................................................................5
P3 Relationships between different organizational functions & their linkage to organisational
objectives & structure......................................................................................................................6
P4 Positive & negative impacts of macro environment upon the business operations....................7
P5 Internal & external analysis of the specific organisation in order to identify the strengths &
weaknesses.......................................................................................................................................9
P6: Interrelation of strengths and weaknesses with external macro factors....................................9
CONCLUSION...................................................................................................................................11
REFERENCES...................................................................................................................................12
Business and the Business Environment_2
INTRODUCTION
Business environment is related to both the factors internal as well as external that
influences the business. The report has focused on the various type, sizes & scopes to the
organization. The report has also focused on the various organizational functions along with the
interrelation between these various organizational functions (Wirtz and Daiser, 2017). Moreover,
the report has also described the various positive & negative impacts of macro environment on the
business operations followed by the internal & external analysis of the organization for identifying
their various strengths & weaknesses. Lastly, the report laid focus on the interrelation of strengths &
weaknesses with external macro factors.
P1 The different types & purposes of the organization
Public Private Voluntary
definition These organizations solely
works for social purpose.
Thus, such organization
works which does not
involved for profit
government owned
organization.
These organizations
mainly works for earning
profit. Such organization
could be both government
owned and private owned
companies. These
companies can be owned
by groups or individual.
Organization belongs to
this group are non-
governmental bodies.
Such organization works
for not for profit and
works to carry out social
activities of the society.
purpose These public sector
organization
Mainly works for the delivery
of goods & services for
public as well as for the
government (Laudon and
Traver, 2016). Such public
sector organization includes
public traits, public
infrastructures, police,
military & various other such
as services which are for the
betterment of the economy
These private sector
organization mainly
works for earning the
profits. These
organizations work for
the growth of the
countries economic
system. Such organization
is the one who plays a
very important role in
increasing the growth &
development of the
country along with the
generation of per capita
income of the countries
Organization belongs to
such group mainly works
for providing benefits &
for the enrichment of the
society without the hope
of earning profits. These
organizations work for
creating social wealth &
for the betterment of the
society.
Business and the Business Environment_3
GDP
Product
Service
For instance, virgin money
works with the purpose to
provide the best value to the
customer along with
delivering positive
contributions towards the
society
For instance a British
multinational retail
corporation Tesco is
mainly working for
earning huge profit by
selling various goods &
services worldwide. They
are working to seek
various competitive of
their own.
For instance UK cancer
research which is
specially working for the
social purpose to prevent
the society from cancer.
This organization is
spreading awareness
among the people of the
society to take
measurable steps to
prevent society from
cancer disease.
Examples BBC is the best example and
it is the oldest public
organization and also
established by a royal charter
and is funded by a
government-approved licence
fee. It offers training to the
graduates, journalism and
production via new talent
schemes.
Swire group is the world's
leading privately owned
organization across Asia-
pacific region and also the
range of shipping,
property and agriculture
to cold storage and
airlines including minority
stake and Cathay pacific.
Transparent hands are the
best known NGOs in
which the medical
surgeries and surgical
care for deserving
patients using the global
crowdfunding platform.
The platform provides
visibility of poor patients
and builds a personal and
trusted bond between
patients and donors while
ensuring complete
transparency.
Virgin money legal structure.
This organization has mainly focused on the residential mortgage, credit & saving cards along with
the insurance & investment. These organizations provided the positive contribution to the society
along with building a positive relation with people of the society for earning sustainable profits for
their shareholders (Apetrei, Kureshi and Horodnic, 2015).
Tesco legal structure.
Business and the Business Environment_4

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