(pdf) Business And Business Environment Advantages

Business and Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
LO1 ................................................................................................................................................1
P1 Types of organization, their examples and their purposes.....................................................1
P2 Explanation of each chosen organization...............................................................................5
M1 Analyse how the structure, size and scope of different organisations link to the business
objectives and product and services offered by the organisation................................................8
D1 Provide a critical analysis of the complexities of different types of business structures and
the interrelationships of the different organisation......................................................................9
LO2..................................................................................................................................................9
P3 Relationship between different organisational functions.......................................................9
M2 Advantages and disadvantages of interrelationship between organisational functions .....11
LO3................................................................................................................................................12
P4 Impact of macro environment upon business operations.....................................................12
M3 Analysis of PESTLE model ...............................................................................................13
LO4................................................................................................................................................14
P6 Interrelation of strength and weakness with macro factors of environment.........................14
M4 Influence of Swot analysis on decision making..................................................................15
D2 Impact of macro and micro factors on business objective and decision making.................15
CONCLUSION..............................................................................................................................15
REFERENCES ............................................................................................................................17

INTRODUCTION
Business and business environment is the tool that identify the internal and external
environment of the business (Wheelen and et.al. 2017). The internal and external factor can
influence each other and it creates the positive and negative impact on the environment of the
business. It means external factor affect the internal environment of the firm. Business
environment contains many factors internal and external that influence the growth and success
of the business. In other words, business environments contains all the outside and inside
components of the business that influence how can firm manage their all functions and
departments such as consumers, workers, management and business regulations. For better
understanding the business environment, taken the John lewis partnership is the private sector
company in the uk. The report will describe the different types and purpose of selected
organizations, also describe the size scope and objective of selected company. Furthermore,
Analyse how the structure, size and scope of different organisations link to the business
objectives and product and services offered by the organisational. Furthermore, report will
describe the advantages and disadvantages of interrelationship between organizational function.
Furthermore, this report examined PESTLE and SWOT analysis to identify macro and micro
environment factors and impact on firm and SWOT analysis helps to identify strength and
weakness of organization. furthermore, Provide a critical analysis of the complexities of
different types of business structures and the interrelationships of the different organisation.
LO1
P1 Types of organization, their examples and their purposes
Types of
Organization
Public Sector
Company
Private Sector
Company
Voluntary Sector
Company
Meaning A public sector
company is defined as
a company in which
more than 51% of
shares are owned by
the state and central
government. Further
the operations and
A Private sector firm
is defined as a
company in which
companies which is
not operated by the
government is
opposite for the public
sector company.
A Voluntary sector
company is the part
economy system. this
company provides the
help to the economy
by helping the people
in critical situation and
their main purpose to
1

management of the
company handled,
control and operate by
the government. The
main purpose of
public company it is
that they only work for
their citizen of the
company and provide
best services to the
public. Further,
government provide
the funds to such
companies by the way
of budget and bank
loan so they fulfil their
requirements of funds
for run the company.
Further these
companies is
operated by the owner
of the company. They
manage their business
which means person
or group of people
control the company.
Their main intention
that they earn profits
and expand the
business of the
company is it that
they generate the high
profitability(Bah and
Fang, 2015). Private
company generally
use their own funds
and also they take
bank loans, public
find, crowdfunding to
full fill their
requirements of funds,
provide the best
services to the people.
Further, they also
work for the welfare of
the society for
improving the
economy condition of
the country. Company
fulfils their
requirements of funds
through charities and
government aids.
Chosen organization NHS England John Lewis
partnership
British Red cross
Organization's
purpose
The National Health
service (NHS) it is the
public funded
company, they provide
the variety of different
health services to the
John lewis partnership
is the uk company it is
the department stores,
Waitrose & Partners
supermarkets, also
provides the banking
British Red cross is the
uk based company
provides the first aid
and health care
services to the
customer. The main
2