Assignment on Business Environment (doc)
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Added on 2020-11-23
Assignment on Business Environment (doc)
Added on 2020-11-23
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BUSINESS & BUSINESS ENVIRONMENT
Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3P1 Various types, size and scope of organisations.................................................................3P2. Size and Scope of different types of organisations..........................................................5TASK 2............................................................................................................................................7P3 Relationship between different organizational functions..................................................7TASK 3............................................................................................................................................9P4 Positive and negative impacts of macro environment upon business operations.............9TASK 4..........................................................................................................................................10P5 Internal and external analysis with strength and weakness.............................................10P6 Inter-relation of strengths and weakness with external macro factors............................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
INTRODUCTION Business environment is essential element for every kind of organisation either it can be alarge, middle and small (Business environment,2018.). It include physical evidence, employees,process these are the internal but government, political factors, legal, technological changes,economical factors etc. that affects overall profitability and success of the firm.Pepsi Co, is an multinational brand who deals in manufacturing, marketing, anddistribution of grain based snacks, food, beverages, and other product. Today is one of theleading beverage brand in UK with a market share of around 55 % market share and around 6.6million people who are consuming its products and services.This project will explain various types, scope and size of firms. Further it will explainrelationship between various functions of an organization and explains impact of internal andexternal factors on business activities. Moreover, it will determine relationship between thestrength and weakness of firm with its macro factors. TASK 1P1 Various types, size and scope of organisationsOrganizations regardless of there form or type, contributes in nation's economy by beinga major source of employment generator for the country. During its initialization phase, a firmhas to take crucial decisions related to its sole purpose behind undertaking business operationsi.e. whether to earn profits or to not for profit which further shapes it mission, vision and goals.Mentioned below are the major three categories namely public , private and voluntary sectors:Public Sector: These are the organizations whose operations and activities are ownedand managed by the government and are established to provide products and services inaccordance with the demands and requirements of population at affordable prices irrespective ofprofits or income generation. Its handles its business on basis of polices, procedures, guidelinesetc. that are implemented by government to access regulation over its activities. Public companyis one of the largest source of employment generation as it requires huge workforce to conductand handle its various activities. The National Health Service is the largest self owned publiclimited national healthcare system for UK. It is indulge in providing healthcare
services529501575 comprising emergency treatment , 529501575treatment of infectious diseasesetc. without charging from any patient. Purpose: The main objective of public limited firms is to of contribute in the economicgrowth and development and enhancing living standard of the people of a nation. Public limitedfirms follows holistic approach to the welfare of its citizens by providing them with immenseemployment opportunities, by raising their standard of living by giving them with basisessentials of life at affordable prices and many other social benefits ((Cassell and Blake, 2012).Private Sector: Private companies forms that part of a nation's economy where inproducts ad services are manufactured and developed as per customer's requirements to earnhigher outcomes These firms are either self owned or managed by group of individuals withoutany government interference in their business activities. However they are required to followguidelines, rules and regulations that are incorporated by the government for the firms. Anotherpeculiar feature of these organizations is that they have well defined vision, mission andobjectives. PepsiCo is an American brand which deals with a wide range of food and beverages.It was established in 1898, with its headquarters in Purchase, New York. It is the largest brand interms of revenues generated by it which is around $43.3 billion and second largest food andbeverages company with its operations in more than 200 nations across the world. Purpose: The main objective of a public limited firm is to generate higher profits byoffering products and services as per its target audience requirements so that it induces them tomake a purchase which will lead to maximum output and higher sales volumes for a firm. Voluntary Sector: These are the associations that is created by a single or group ofindividuals who are having some common interests,motives and drivers to contribute or toprovide benefits to society (Cavalcante and et. al., 2011). It undertakes redressing major socialproblems and improves life of its members without any profit motive and requires no legalformalities to be adhere by firm in carrying out its business. The funds for its day to dayoperations and for other business activities are contributed by its members only in addition tothat other sources includes charity, donations, government aids and subsidies. National Trust isone such non profit organization that strives with the objective to preserve cultural heritage of aspecific region and to conserve natural beauty. It was established in 1989 with is headquartersin Massachusetts, USA.
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