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Business Environment Assignment - Retail Supermarket of UK

   

Added on  2020-10-22

15 Pages4493 Words100 Views
BUSINESSENVIRONMENT

Table of ContentsINTRODUCTION...........................................................................................................................1SECTION 1......................................................................................................................................1TASK 1............................................................................................................................................1P1 Explain different types and purpose of organisation.............................................................1P2 Explain size and scope of range of different types of organisation.......................................2TASK 2............................................................................................................................................4P3 Relationship between different organisational functions and how they link toorganisational objective and structure.........................................................................................4SECTION 2......................................................................................................................................5TASK 3............................................................................................................................................5P4 Positive and negative impact of macro environment on business operations........................5TASK 4...........................................................................................................................................8P5 Internal and external analysis to know strength and weakness for UK Retail sector............8P6 Identify how strength and weakness relate to external macro factors...................................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11

INTRODUCTIONBusiness refers to activities which helps to earn livelihood of individual. There aredifferent types of organisations which works to achieve goals and objectives such asearning profits, social service. Business environment refers to external environment ofenterprise which affects operational activities in either positive or negative way (Bah andFang, 2015). It is responsibility of managers to analyse external market and correctivemeasure has to be taken. This essay is based on retail Supermarket of UK. This essayhighlights on different types, size and scope of organisations, interrelationship amongdifferent department of organisation and its relation to organisational structure. Apartfrom this it also highlights positive and negative impact of business environment onbusiness operations and lastly strength and weaknesses to external business factors. SECTION 1TASK 1P1 Explain different types and purpose of organisationAccording to Khan and Quaddus, 2015 Business organisation means place fromwhere business operations are operated. These days there are different types oforganisations having various motto to operate in society. These different motive affectsworking style of personnel. There are mainly three types of organisations, i.e. profit, nonprofit, non government organisations. In this report, there is discussion ASDA as profit organisation, Fairways is theexample of non profit organisation and Oxfam is example of non governmentorganisation. There is difference in motto, aims, objectives of these organisations whichare discussed as under-Profit organisation are the organisation which serve society to earn profit. Inthese business retailer, restaurants, etc. are considered. Profit business organisationscan be in form of sole proprietor, partnership or company. They have motive to earnprofits and expand business. Source of funds in this business is profits from selling ofproduct and services. ASDA, ALDI, TESCO, Sainsbury are examples of profitorganisations. They have aim to earn profit and expand business. Capital can be raisedthrough bank loans, crowd funding, etc. 1

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