Business Environment Assignment : Mark & Spencer

Added on - 21 Feb 2021

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Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different type and purpose of organisation and its legal structure........................................1P2 Size ans scope of different types of organisation...................................................................3TASK 2...........................................................................................................................................4P3 Relationship between different organization and their interconnection between otherdepartments.................................................................................................................................4TASK 3............................................................................................................................................5P4 Identification of positive and negative impact of macro environment of an organisation. .5TASK 4............................................................................................................................................7P5 Evaluating internal and external analysis of an organisation.................................................7P6 Examining how strength and weakness interrelated with external macro factors...............8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONBusiness environment is defined as a framework of collection that consist of internal andexternal factors that include employees, customer needs and wants, supply and demand,activities of government in marketplace. These factors usually affect function of business bothin positive and negative manner as well as influences a firms operation within different situationof environment. As every business organisation wants to operate in dynamic and distinctiveworking environment as it cannot exist in isolation form. In this report organisation chosen isMark & Spencer ( Private Sector), National Health Services ( Public Sector) and Child Care( Voluntary Sector). This assignment is going to analyses different types and purpose alongwith its size and scope. Eventually, identifying relationship between different organisationfunction in order to know their interconnection with other departments of business operation.Moreover, analysing internal and external factor to know what are the strength and weakness ofa organisation in business operating environment and its interrelation with external macrofactors.TASK 1P1 Different type and purpose of organisation and its legal structureIn context to organisation business environment is defined as collection of individual,entities and other factor that may not be under control of business operation but its impact oncompany performance profitability. Each and every business are operating with the motive ofearning profitability from their business operation and function. For such instance there aremany types of organisation which are discussed below:Private Sector:The private sector is that part of economy that is owned or run by individualwith the motive of earning profit. It is one the most diverse sector as well as contribute largeamount towards economy.For example:Mark & Spencer is private sector organisation. It is a retailer merchandisewho are dealing in clothing, home products and luxury food items in the marketplace of sameproduct line.Purpose:The purpose of this organisation is to provide premium quality of product incompetitive marketplace as well as acquire high market share from its competitors of sameindustry line.1
Types of private sector:Partnership:It is a formal agreement between two or many people who agree upon asuitable condition in managing and operating business. In this type of business in which two ormore individual pool Mahoney, use their skills and resources on the condition the agreed upon it.Sole trader:A sole trader is that type of business which is owned and fully controlled bya single person. It is known as one of the simplest form of business as it all activities like raisingfunds, managing resources of itself.Legal structure of Mark & Spencer:The legal structure of Mark & Spencer is that they arefollowing flat legal formation in operating their business function and operation. Moreover, it isa sole trader who are operating their business at world wide.Public Sector:This type of organisation are refer to those organisation which are working undergovernment services. Such as public hospitals, public transportation, health care and militaryservices.For Example:Public sector organisation National Health Services which is affiliatedwith heath and social care for the general and needy people. They are operating at wider context0f health and services to the ordinary people.Purpose:Its purpose is to make utilisation of their product and services according to the needsand wants of an individual as well as responding towards need and requirement of its patience.Types of public sector:State Government:It is define as a government that consist of laws and regulation for aparticular state. The rules, norms, policy and procedure are only for a particular state so that theycan look forwards the problem and needs of a particular area.Central Government;Government of central states out an absolute control over unitarystates. This type of government governs out the entire nation with its own rules and regulation aswell as control and sustainable economic development of an Union.Legal Structures of National Health Services:The legal structure followed by this organisationis hierarchical legal structure in the business operation so that uniformity can be maintainedwithin its business operation. Moreover, it falls under central government which govern bygovernment fully.2
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