Business and Business Environment of Toyota : Report
Added on -2020-06-06
| 12 pages| 3450 words| 39 views
Trusted by 2+ million users,
1000+ happy students everyday
Showing pages 1 to 4 of 12 pages
Business and the BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1LO1..................................................................................................................................................1P1 Types of organisation and their purpose................................................................................1P2 Sizeand scope of a rangeof different types oforganisations..............................................................................................................................2LO2..................................................................................................................................................3P3 Relationship between organisational functions and objectives.............................................3LO3..................................................................................................................................................5P4 Macro environmental factors that make an impact on the business operations.....................5LO4..................................................................................................................................................7P5 Internal and external analysis of an organisation...................................................................7P6 Relation of strength and weakness with external macro environment..................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10....................................................................................................................................................11.......................................................................................................................................................11
INTRODUCTIONAll the internal and external factors that can influence performance of anorganisation are considered under business environment. They can made a hugeimpact on decisions taken by an enterprise. Toyota is a leading company in auto-mobileindustry, they have more than 3.5 million employees worldwide. Their vision is to enrichlives across the globe by finding safest way of moving people. They want to hiretalented and passionate people who firmly believe that there is always a better way todo a task. The mission is to create vehicles that can get popular among consumers(Arasti and et.al,. 2014). This file will include various types of organisation and theirpurpose of their existence. Different organisational functions and relation between themwill also become part of this file. LO1P1 Types of organisation and their purpose.In business environment, there are various types of organisation like public,private and voluntary. If a company is operating in more than one nation than theirstructure will be more complex compare to a firm who is dealing in only local areas.Public companies are made by government, their main target is to make product anddeliver services at an economic rate so laymen can get basic goods for living. Profit isnot their priority, they want to provide affordable facilities to the society. Their legalstructure is very strong because representatives of government authorities hold keyposition in board of management. Revenue is the prime objective of privateorganisations, they want to deliver quality products and services to the customers andcharge a competitive price against it (Boons and Lüdeke-Freund, 2013). They have tofollow legal system that is present in a country or state. If they are operating in morethan one nation than they also have to obey rules and regulations of other economies.They have high growth opportunities which is the core reason that they make strategiesfor expansion and perpetual succession. Normally an organisation is run by more than one person, but a privateorganisation can be managed by an individual. Sole trader, partnership, company aremain types of private organisations. In sole proprietorship, single person management1
Found this document preview useful?
You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss
Paid Plans
Free Plan
Single Unlock
Monthly Plan
Yearly Plan