Business and The Business Environment - Assignment
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Added on 2020-10-05
Business and The Business Environment - Assignment
Added on 2020-10-05
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TASK 1............................................................................................................................................1P1. Various types and purposes of organisations...................................................................1P2 Scope and Size of various form of organisations.............................................................3TASK 2............................................................................................................................................5P3. Relationship between various organisational purpose and their link with organisationalobjectives................................................................................................................................5TASK 3............................................................................................................................................8P4. Positive and negative effect of macro-environmental factors on the business operations8TASK 4..........................................................................................................................................10P5 Conduct internal and external analysis of specific organisations in order to identifystrengths and weaknesses.....................................................................................................10P6 Explain how strengths and weaknesses interrelate with external macro factors.............11CONCLUSION..............................................................................................................................13
INTRODUCTIONBusiness environment is the collection of all internal or external factors like customerrequirements, employees, management, clients, demand and supply, owners, innovativetechnologies, market trends, changes in economic environment and so on. All these factorsinfluence the functions of an organisation in order to see that how company works directly orindirectly. Business environment helps in analysing the opportunities of business, assistingplanning and changes the overall performance and growth of the business (Chetwood and et. al,2014). This concept of business environment determines the two factors which is micro andmacro environment. Present study is based on, European Metal Recycling which is occupy withthe supplying of resources through recycling scrap metal. This company may become client ofYorkshire Bank which manages their functions as a loan, mortgage and other business services.As per this scenario, discussions have been made on various kinds of companies in London.Bank was formed in the year of 1859 and headquartered in Leeds, England. This report willanalyse the scope of organisation and their interrelationship with another companies department.Strength and weakness of business with the positive and negative impact of macro environment.Along with this report will identify several kind of organization with their legal structureeffectively. TASK 1P1. Various types and purposes of organisationsIn the present period of time there are different types of business organisations wherein,group of people manage and control the business requirements in order to gain particular targeteffectively. By this all companies have good system of management which define therelationship between the several activities of an individual in order to carry forward various taskof enterprises. Now there are several organisations which are as following under:Private organisationThis type of organisation always comes under the part of economy and refers to thepartnership, person, corporation or agencies which are not public part but operated for earnprofit. On the other side, private organisation maintains selective members by them they can earnmore and more profit which is not managed by any state (Crane and Matten, 2016). According tothis organisation people can get good job and achieve their desired goals effectively. Along with1
this private organisation mainly influence people in a positive way. In reference to the EuropeanMetal Recycling which generally deal in the providing non-ferrous and ferrous metal recyclingservices.Purpose:In context of European Metal Recycling limited which is a global leading metalrecyclers, they mainly offers total waste management through the converting of scrap metals into the better attractive services. The main purpose of this company is to make better environmentin order to provide better environmental consultancy which is offered by them. Legal Structure:It refers to the structure in which business owner mostly busy withtheir structure and top position effectively (Gharajedaghi, 2011). In the legal structure middlelevel of manager have mid position whereas, top executives have higher position. In regards withEuropean recycling their managers are able to take good decision in order to formulate strategiesin an appropriate manner.Public organisationIt is the important part of country economy and it is managed by local, central and stategovernmental bodies in a particular manner. In the modern world, there are lot of publicorganisations such as departmental or governmental organisations that always fulfil the customerrequirements in a better way. Public sector companies mainly focused on the people interest andformulate good profit. In reference to the Crown Prosecution service which is the agency ofpublic prosecution.Purpose:CPS has purpose to conduct criminal prosecution in the England and Wales.This company offers different types of services being a legal advisor to police or any otherinvestigated agencies. By this function company manage their activities in the secondary sectoras they always take raw data (information) which is formulated by police and also contentiousadvice them efficiently. Legal Structure: The legal structure of CPS is maintained at higher level. As per thiscompany examine evidence of police and decide wherein criminal proceedings are accomplishedby some people who is busy with tier hierarchy (Gilboy, 2016). This helps in making betterdecision and develop plan accordingly. With the help of this it is easy to communicate and sharetask efficiently in order to develop good outcomes. Voluntary organisation2
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