Business Environment Assignment Soution - PRIMARK
Added on -2021-02-21
| 18 pages| 4569 words| 39 views
Trusted by 2+ million users,
1000+ happy students everyday
Showing pages 1 to 4 of 18 pages
Business environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purposes of organisations; public, private and voluntary sectors andlegal structures............................................................................................................................1P2 Explain the size and scope of a range of different types of organisations.............................2TASK 2............................................................................................................................................6P3 Explain the relationship between different organisational functions and how they link toorganisational objectives and structure.......................................................................................6TASK 3............................................................................................................................................7P4 Identify the positive and negative impacts the macro environment has upon businessoperations, supported by specific examples................................................................................7P5 Conduct internal and external analysis of specific organisations in order to identifystrengths and weaknesses............................................................................................................9TASK 4..........................................................................................................................................10P6 Explain how strengths and weaknesses interrelate with external macro factors.................10REFERENCES..............................................................................................................................13
INTRODUCTIONBusiness environment acts as an most essentials element, as it consists of different typesof factors with the understanding of which organisation can effectively able to operate theirbusiness functions (Andersson, Forsgren and Holm, 2015). Within business environment thereare different types of internal as well as external forces that further drive functioning of businessin a negative and positive manner. It is essential for business organisation to effectivelyunderstand these factors in order to conduct business operations in a well defined manner.Present report has been conducted on PRIMARK. Company was founded in the year 1969 andoperate their functions in retail industry. Clothing, Cosmetics and housewares are main productsof company. Size as well as scope of voluntary, public and private organisation has been coveredin this report with SWOT analysis. Lastly report include relationship among organisationalfunctions within organisational structure. TASK 1P1 Different types and purposes of organisations; public, private and voluntary sectors and legalstructuresThere are numerous range of organisations those who perform their operations in best effectivemanner with an aim to gain high rate of profitability. All these organisations operate theirfunctions with some certain roles and responsibilities as to offer qualitative products and servicesto customers. Main motive behind this is to serve customers with best and earn adequate profits.It has been determined that every organisation perform their operations in different legalstructures. There are classification of these organisations are defined below:Private sectorOrganisations those who perform their operation in private sector have main motivewhich is to effectively gain large base of profitability. These organisations are duly managed byfirms, individuals and other legal authority. In addition with this, sole traders are also consideredas private sector organisations as they perform their business by own. Organisations within thissector effectively conduct their functions with an aim to serve customers in best effective mannerand ensure high rate of profitability. Funds have been mainly gather by these private sectororganisations through business entities, investors, bank loan, financial institutions etc. 1
Found this document preview useful?
You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss
Paid Plans
Free Plan
Single Unlock
Monthly Plan
Yearly Plan