Organizational Framework and Structure of BBC

BUSINESS
ENVIRONMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Overview......................................................................................................................................3
Literature Review.........................................................................................................................3
Discussion and Analysis..............................................................................................................6
Impact of interrelationship of functions of BBC.........................................................................6
Impact of the internal and external environment on the BBC ....................................................7
CONCLUSION..............................................................................................................................10
REFERENCES................................................................................................................................1

INTRODUCTION
The study is about organizational framework and structure of different types, size and scope.
Organization is a structure with a purpose which can be of social service or simply making
profit. It consists of various departments within itself who have different functions to perform
and eventually support to complete the organization's objective. The interrelation between
various departments is discussed in the study like HR, finance, marketing etc. The organization
working in a business environment is affected by various factors like political, social,
economical and thus an analysis regarding these factors is done in the study. Apart from it the
internal factors affecting the company have also been highlighted. In today's era of globalization,
the influence of global business always has an effect on business strategies and decision-making.
The company being taken here is BBC which is a public company communicator based at
London, UK.
MAIN BODY
Overview
British Broadcasting Corporation commonly known as BBC, is public service broadcaster with
HQ at London, UK. It was established on 18 October 1922 and later on formed as British
Broadcasting Corporation in 1927. Its operational division, BBC News is in charge for
broadcasting the news & current affair. Being the world's oldest national broadcaster and
employs more than 35000 employees. BBC has a yearly television fees that charged from all
British households by the British Government. It has a royal charter in its name issued by the
monarch and has its offerings on TV, radio as well as online (Devlin, 2018).
Literature Review
According to Michalski and et.al., (2018), Profit organizations are those business entities which
are assimilated with the chief objective of earning monetary & economic benefits either aiding or
directly in the method. Its existence is primarily in order to generate the profits, to produce more
money than it has invested. In profit organizations, the owners of business decides to keep the all
the earned profits by themselves, or they spend the profits on their business. There are some
organization who decide to share some part of the earned profits to the employees as from their
hard-work and dedication organization have made profit. They share the profits to employees
through the help of several types of compensation ways like EPS (Employee profit sharing).

As per the Crawford, Morgan and Cordery (2018),non-profit organizations are those businesses
that are incorporated not receiving incomes from its business activities but their prime focus is to
allow activities which are basically for the advancement of the society. These organizations do
not need to pay taxes means taxes are exempted but do operate like all other sort of business. In
other words, non-profit is the type of business that is arranged under the rules and regulations
which forbids the distribution of profits to the owner. There are certain defined accounting
practices and tax rules according to which non-profit organization are to be operated.
According to Fergie, Hutchinson and Magee (2020), micro business are those business that have
or employs less than 10 people, for example any self funded business by any individual in which
only 5 people are working and generates approximately $25000 as an annual revenue. Micro
business can also be summarized as the subset of small business. This type business may
consider Business angels, credit cards, invoice factoring, friends and family etc. for finance the
business. Author defines Bulturbayevich and et.al., (2020) small business which operates on
small scale and need less capital investments, fewer no. of people and resources (machinery) to
successfully run the business. These business basically manufacture goods and services on lower
level and it plays a vital role by contributing in the economic development of UK. Proprietor of
the small organization invests his capital once for the place, machinery and plant or hire-
purchase if has lower capital. These business does not invest more than 10 million and are
categorized in small scale industries such as bakeries, candles, chocolates etc. As per Neagu
(2016), medium enterprise or medium size business are one which have invested more than 50
million in plant and machinery and but do not exceed 100 million. Generally, medium size
business are the owned by the family and there ownership is separate from management. The
financing requirements in these businesses are managed through the help of short and long term
debt and various other options such as cash flow finances, hire-purchase, venture capital, bank
overdrafts etc.
From the eye Dungan (2017), Sole trader is type of enterprise which owned by individual person
and without having legal distinction for their business entity. They may have no legal trade mark
with their business name differ, this process basically depend upon country abidance. Mostly,
their business is owned as per required with local authorities. This trader includes self employees
and that must be registered with relevant of time or either based on contracts of employments. A
sole trader keeps all profits of their business after paying taxes, and they do not shared any losses