Business Environment Assignment- Legal Structures
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Added on 2020-06-06
Business Environment Assignment- Legal Structures
Added on 2020-06-06
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purposes of organisation and their legal structure.................................1P2 Size and scope of different types of organisations.................................................................1TASK 2............................................................................................................................................1P3 Relationship between different functions of organisation and their link to objectives &structure.......................................................................................................................................1TASK 3............................................................................................................................................3P4 Positive and negative impact of macro environment on business operations........................3TASK 4............................................................................................................................................5P5 Internal & external analysis of particular organisation to determine strengths and weakness.....................................................................................................................................................5P6 Interrelation of strengths and weaknesses with external macro factors.................................6CONCLUSION................................................................................................................................8REFERENCES ...............................................................................................................................1
INTRODUCTIONBusiness environment is not stable in nature and get modify with each and every courseof time. It is really essential to understand the dynamic environment in a better and signifiedframe so that absolute outcome could be drawn. Although, for managing various operations andaspects, managers of a company have to understand such dynamic consideration properly forcrafting strategies (Business Environment. 2018). This project is based on Nestle which is one offamous confectionery manufacturing association. In such respect management want to made avalid comparison with public and non government associations so that they could maintain andmanage healthy consideration in frame. Along with this, it will also going to define aboutdifferentiation on the basis of size and scope. Moreover, a business need to understand aboutexternal environment properly by organising PESTEL. This will enable them in formulatingbetter strategies in nature. Moreover, it will also include about SWOT analysis with betterrelationship with PESTEL framework. TASK 1P1 Different types and purposes of organisation and their legal structureCover in ppt.P2 Size and scope of different types of organisationsCover in ppt.TASK 2P3 Relationship between different functions of organisation and their link to objectives &structureThere are different functions performed in an organisation and all are interrelated witheach other. They all are linked with objectives as well as structure of company. Nestle ismultinational firm in which various department perform their duties and functions. Thisadministers an opportunity to company for improving their internal strengths as well assatisfying needs of customers (Al-Debei and Avison, 2010). Collective working of all thesedepartments ensures timely completion of work and attainment of firm's objectives. Differentfunctional departments of Nestle and their link with objectives are defined below: Human resource department: It is the department that performs various activities suchas managing workforce, recruitment and selection, work force planning, training anddevelopment, performance appraisal, employee benefits and compensations and many others. All
these helps in increasing motivation level of employees and a healthy and positive workplaceenvironment is remain maintain within firm (Bill Pasmore PhD and CMC, 2010). In Nestle,managers provide training to their employees for increasing their working efficiency and skills. Ithelps in increasing productivity of company which in turn results in attainment of goals andobjectives of company. Finance department: It is an essential function on which growth and success of anorganisation rely. It is necessary for every business enterprise to have adequate amount of fundsso that day to day operations can run smoothly. Finance manager have responsibility to allocateappropriate amount of funds to each department so that their activities are carrying outeffectively. In Nestle, managers maintain adequate amount of funds so that activities arecompleted on time and all predetermined goals and objectives of company are achieved in aneffective and efficient manner (Brannon, 2010).Production and operations department: Activities associated with this departmentincludes manufacturing of goods and services, cost control, optimum utilization of resources etc.managers have responsibility to manage and control all the processes and operations ofdepartment related to goods production. Main function of this department is to transform rawmaterials into final products. In Nestle, operations managers ensure optimum utilization of allavailable resources so that cost of production can be controlled. They have the responsibility toensure production of high quality goods that best satisfy needs of customers. This helps inattaining objectives and targets of company. Marketing department: This is one of the department that contributes highly in successand growth of company. Various activities are associated with this department that assists inincreasing profitability and productivity of firm. Marketing managers of Nestle use variouspromotional to market their product. All these helps them in communicating value and benefitsof their products to customers and attracting them more towards the products. This willultimately increase sales of company as well as helps in attaining objectives successfully(Cantwell, Dunning and Lundan, 2010). Organisational structure: It refers to the system that underlines how activities are directed to attain goals ofcompany. It defines that how activities like coordination, supervision and task allocation aredirected towards attainment of organisational aims.
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