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BUSINESS AND BUSINESS ENVIRONMENT INTRODUCTION

   

Added on  2020-10-23

15 Pages4719 Words276 Views
BUSINESS & BUSINESSENVIRONMENT

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1P1 Different types and purpose of organisations with legal structure....................................1P2 Size and scope of different types of organisation.............................................................3TASK 2............................................................................................................................................5P3 Relationship between different organisational functions that link with objectives..........5TASK 3............................................................................................................................................6P4 Positive and negative impacts of macro factors on business operations...........................6TASK 4............................................................................................................................................7P5 Internal and External Analysis..........................................................................................7P6 Interrelation of strengths and weaknesses with external macro factors............................9CONCLUSION..............................................................................................................................10REFRENCES.................................................................................................................................11

INTRODUCTIONThe term business environment can be described as various internal and external factorsthat impacts on different functional units of an organisation. It is necessary to thoroughlyobserve, analyse and evaluate both positive and negative impacts of these components. It willprovide support to carrying out various types of activities or procedures in an appropriate mannerto generate required outcomes (Reed and et. al., 2013). This report is based on Cadbury which isknown as British multinational confectionery company wholly owned by Mondelezinternational. It was founded by John Cadbury in the year of 1824, almost 194 years ago. It hasseveral famous products such as dairy milk chocolate, the crème egg and rose selection box. Thisassignment will discuss about various kinds of organisations running in present scenario ofmarket like private, public and voluntary along with legal structure ofsame. It also includesexplanation of macro factors with their positive as well as negative impacts. TASK 1 P1 Different types and purpose of organisations with legal structureThere are various types of organisation that are running in present rend of market alongwith their accurate strategies to conduct business properly. Different companies have their ownstructure and purpose of carrying out particular firm having their own beneficial idea or conceptto earn desired outcomes. Private CompanyThe private organisations are usually owned by a person who has all rights to takedecisions regarding business and has ownership as well (Reinhardt and Stavins, 2010). They areprivate individuals who has an idea or concept to conduct an organisation and provide goods tocustomers for earning better profits. For example, Cadbury is considered as private companywhich deals in confectionery industry and render several required products to people to fulfiltheir requirements. Purpose of CadburyTo provide better quality of products as per taste or preferences of customers to achievesatisfaction of them. To maintain strong position in market competition through implementing creativetechniques to gain better profits. 1

Legal structure of private company Partnership: - This can be described as to conduct business with two or more partners inwhich they all have similar rights of authority and profits share in company. They invest capitalaccording to their shareholding capacity in company. Sole Proprietorship: - The sole proprietorship refers to business which is carried out byperson having certain amount of resources and funds along with authority. They have role forplanning, organising, directing and controlling to earn required profits (Shigang, 2010). Ownershave several separated legal policies in this types of firms. Public organisationThe public organisations can be described as those firms which are usually run bygovernment authorities for welfare of citizens. They conduct business to render required goodsor services for people at reasonable rates. It will help to earn certain profits which support tocontribute precious amount of money to annual income of country which supports to organisedevelopmental activities properly. For example, NICE which is health care organisation andutilise several effective as well as efficient technologies to provide an appropriate services todesired people. Purpose of NICE To provide an accurate treatment or diagnosis to people at cheap costs and make nationhealthy. To render an appropriate medical services to people as per their needs. To become best health care organisation at global level and attain required aims orobjectives properly (Karagiorgos, Drogalas and Giovanis, 2011). Legal structures of public companyCentral government: - Decision making for operational procedures are usually regulateby central government and make policies to be followed by Nice compulsorily. State government: - The branch of public companies established in particular state haveto follow certain regulations of state government to run business properly.Local government: - Public firms have to carrying out limited and an accurate activitiesto functions which are regulated by local government. 2

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