(Pdf) Business Environment - Arcadia
Added on 2020-10-22
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BUSINESS AND BUSINESSENVIRONMENT
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Types & purpose of different type of organisations and their growth in internationalbusiness environment...................................................................................................................1P2 Size and scope of different types of organisation...................................................................3TASK 2............................................................................................................................................5P3 Relationship between organisational functions and their link with business objectives........5TASK 3............................................................................................................................................7P4 Positive and negative impact of macro environmental factors...............................................7TASK 4............................................................................................................................................9P5 Internal and External analysis of strengths and weakness of firm with the help of Swotanalysis........................................................................................................................................9P6 Interrelation of strength and weakness with macro environmental factors..........................11CONCLUSION..............................................................................................................................11REFERENCES................................................................................................................................1
INTRODUCTIONBusiness environment refers to internal and external organisation situations. This reporthighlights about business environment of three types of organisation i.e. private, public andvoluntary organisation, where chosen private firm is Arcadia Group which is UK basedmultinational retailer. On the other hand, this report also pays attention towards theinterrelationship between the functional areas of private organisation. Further, this reportdescribes about the PESTEL and SWOT analysis which demonstrate the internal and externalperformance of company. TASK 1P1 Types & purpose of different type of organisations and their growth in international businessenvironmentPRIVATE ORGANISATIONPrivate organisations are profit making organisation operated by individuals and not bygovernment. These organisations cover large portion of a country’s economy because, their mainaim is making money (Schaltegger and Wagner, 2017). Private sector firm generate employmentin the economy because, it employs more workers than the public sector companies. Thesecompanies create competitive environment in the economy.Arcadia Group Ltd. is a private multinational retailer which offers clothes, accessoriesand shoes. It is a UK based company has it headquarter in London. The company owns manypopular brands like Top-shop, miss Selfridge, Dorothy Perkins, Burton & BHS. The mainpurpose of arcadia group is making profit. Britain exit from European union effect financials of the Arcadia group, Companiesprofits are declined because after that company cannot trade with British companies butsomehow company manages it by establishing its business in other countries across the world.Arcadia group is growing internationally by establishing more stores outside UK. As ofnow the company established 1170 stores in 36 counties outside the UK and the company alsoincreased volume of its online business by shipping to 107 countries across the world.Companies’ profits are showing an increasing trend across the market. PUBLIC ORGANISATION 1
Public organisations are owned & controlled by government and it provides goods &government services (Infrastructure, healthcare, education & public transit) to the public. Thepurpose of public organisation is to provide services for the welfare of the whole society ratherthan the person who uses it. Public organisation employs workers with help of state & federalgovernment. Funding of public organisation done through direct or indirect taxes.National Health Service is a public organisation which provides health care services tofour constituent countries of UK that are England, Scotland, Wales & Northern Ireland. Purposeof NHS is to provide all type of health care services to the ordinary residents of UK at free ofcost. The company provides services in three groups general practitioner & dental, hospital &specialist and local health authority services. Funding for NHS is come through taxes, insurancecontribution and fee received from patients.Emergence of Brexit causes problems for the medical organisations & seems bad for thecountry’s health, medical organisations are focusing on managing the problems caused by theBrexit and they are diverting resources from patient's care. Professional staff cannot migrate toUK due to exit of British from European union that creates shortages of staff (doctors & nurses).VOLUNTARY ORGANISATIONVoluntary organisations are not operated by government they are non-governmentorganisation (NGO's) which works independently. This organisation provides social services likeeducational, health care, social, human rights, environmental services and many other servicesmatches the organisations objective (Drew and Grant, 2018). It offers services to poor, old-agedand sick people of society. Voluntary organisation includes clubs & association that providesservices and benefits to its members.Oxfam International is a voluntary organisation which focuses on reducing poverty and disasterrelief. This organisation includes 20 charitable organisations. Oxfam has its stores all around theworlds which offers many fair-change and donated objects like books, garbs, toys and meals, etc.In recent years Oxfam has created more equal society by helping regular workers andproducers who are producing at a small scale, instead of the wealthy producers. They havefollowed certain taxation policies for reducing of tax and inequalities which is being faced by2
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