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Business & Business Environment : Morrisons

   

Added on  2020-10-05

16 Pages4673 Words336 Views
BUSINESS &BUSINESSENVIRONMENT

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1: Types and purposes of organisations...............................................................................3P2: Size and scope of chosen organisations...........................................................................5TASK 2............................................................................................................................................6P3: Interrelation between organisational function and organisational objectives..................6TASK 3............................................................................................................................................8P4 Positive and negative impacts of the macro environment on business operations............8TASK 4..........................................................................................................................................10P5: SWOT analysis for determining the strengths and weaknesses.....................................10P6: Interrelation of strengths and weaknesses with external macro factors........................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13

INTRODUCTIONBusiness refers to the companies or firms which are formed with a purpose of earningmoney or profit by utilising their employees, departments and resources in a proper manner.These employees, departments etc. contributes their maximum efforts for accomplishing thedesired organisational goals and objectives. The taken firm in this report assessment is Morrisonswhich is the 4th largest retail firm of UK. This firm was founded in 1899 at Bradford, England,UK. The company is employing more than 105,487 employees in their 498 superstores acrossBritain and Gibraltar. This report will assess the size, scope, legal structure, vision, mission etc.of different types of organisations. This report will also cover the interrelations of variousdepartments in an organisation. Further this report will discuss the Pestle analysis along with thepositive and negative impacts. In the end, this report will evaluate the SWOT analysis and theinterrelation of strengths and weakness with the external factors.TASK 1P1: Types and purposes of organisationsOrganisation main aim is to increase the profitability of business operations over time sothat they can competitive advantage over other companies. To achieve this, structure and types oforganisation plays an essential role which is explained below with functional example ofMorrisons company, Public organisationPublic company are those in which central or local government owned more than 51% ofshares. Main aim of these types of organisation is to serve the people of country instead ofearning profit. On the other hand, all the loses of company is bear by the government only.Money needs for running the business comes through various means like tax from peoples,different duties etc. National health services is one of the UK organisation which is owned bycentral government of UK whose purpose is stated below,1.To provide highest quality of medical services to people with minimal fees (Adeoye andElegunde, 2012).2.To heighten the health of needy people with the aim of improvement in society.

Legal structureLocal government: In this, government regulates some part of the of the country likecities.Less authority is given to them by the state government as directions is given bythem only.State government: State authority handles the collection of different cities within aspecific boundary.All the directions of the work is given by the central government.Their main aim is to make the central government schemes successful by implementing itcorrectly.Central government: Government regulates the whole country which includes, tax rates,laws, economy etc.Aim of central government is to make the economic conditions of thecountry smoothly so that more growth would be attained by them. Private organisationIt is a type of organisation in which business is run by the individual or group of peoplewith the aim of acquiring high profit. Government does not play an role in it but they have tofollow the rules and regulations set by them so to avoid legal issues. Morrison is taken forconsideration which is a private organisation and founded by William Morrison. Differentpurpose of Morrison is explained below, To satisfy the needs and demands of customers To enhance the core of supermarket chainsLegal structurePartnership: It refers to when more than one individual operates the business. In this,profits as well as losses are shared among owners. Sole proprietorship: It means that whole company is owned by a single person only andall the decision taken by the owner will be final. Along with this, profit earned by thebusiness will be solely of owner only and same goes with the losses.Limited company: It is a type of business in which owner and business is a differententity. Losses or profit will be managed by the company only and owner does not haveany liability in it (Shenkar, Luo and Chi, 2014).Transnational organisational: It is a type of organisation in which company does nothave any single place for operating their business. They have headquartered in manycountries and all work accordingly. For instance, Nestle comes under this, which as the

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