Business Environment Concept | Assignment
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Added on 2021-02-17
Business Environment Concept | Assignment
Added on 2021-02-17
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Business & BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Different types and purposes of organisations and their legal structure..........................1P2. Explantation of the size and scope of different types of organisation.............................3TASK 2............................................................................................................................................6P3. The relationship between different organisational functions along with their organisationalobjective and structure............................................................................................................6TASK 3............................................................................................................................................8P4. The positive and negative impacts of the macro environment has upon business operations................................................................................................................................................8TASK 4..........................................................................................................................................10P5. Internal and external analysis of specific organisations in order to identify strengths andweaknesses...........................................................................................................................10P6. Interrelation of strengths and weaknesses with external macro factors.........................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONBusiness environment is the collection of all individuals, entities and other factors whichmay or may not be under the control of the company but affect the performance and growth ofthe organisation. It can be sum of all internal and external factors such as employees, supply anddemand, management, client, suppliers and others and these all influence the business andbusiness environment of a firm (Business Environment, 2019). Sainsbury is the second largestchain of supermarket in the UK with 16.9% share of the supermarket sector. This company isfounded by John James Sainsbury in 1869 with a shop in Drury Lane, London. This company issplit in to three divisions such as Sainsbury's supermarkets Ltd, Sainsbury's Bank andSainsbury's Argos. This report includes different types, purposes, size and scope of organisationsalong with their business objectives or products & services which are offered by them. Therelationship between different organisational functions and their impact upon the organisationalstructure will be explained. Further will be discussed about the positive and negative impact ofmacro environment upon business operations by using PESTEL analysis. To identification of thestrengths and weaknesses, SWOT analysis will be conducted and the interrelation of strengthsand weaknesses with macro factors will also define (Andersson, Forsgren and Holm, 2015).TASK 1P1. Different types and purposes of organisations and their legal structureTo run a business successfully, there are various types of organisation such as privatepublic and voluntary. These organisations are different in every aspects such as types, purpose,size scope and in services which are offered by them. The different types of organisations are asfollowing:Private organisation- These kind of enterprises are run or owned by individuals and companiesrather than the government. These firms are an important and essential part of a country'seconomic system and the motive of these organisations to earn profit and achieve theorganisational goals in given period of time. Sainsbury is a private sector company which dealsin retail sector and it operate its business worldwide. This company is currently engaged in thetertiary and secondary sector because it provides services such as bank services, sell food andothers (Ayios, 2018).1
Purpose- The purpose of this company is to provide good quality products and servicesaccording to the consumer's choice at a competitive cost (Botha, Kourie and Snyman, 2014). Legal structure- For private sector organisation, the legal structure is as following:Private limited company- It is type of enterprise which offer limited liability or legalprotection for its shareholders but there are some restriction its ownership. These restrictions areare defined in the company as laws. Regulations and policies of the firm. It is good or flexiblestructure for shareholder because there are limits the number of shareholders to 50 and they arerestricted for trading of the shares publicly.Sole Trader- It is person or an individual who set up and owns their own business. Thebusiness of sole traders are depend on their own resources so the business is generally on a smallscale basis. This an essential structure for those people who run their business by own or smallscale and also for entrepreneurs who start their business at small level.Partnership- It refers to a form of business where two or more people share theirownership or their responsibilities for managing the company and the profits and losses whichare generated by the businesses. It is a lawful agreement and this structure is beneficial formiddle and large companies.Public organisation- It refers to those organisation which are owned, run or operate bygovernment to provide services to the citizens. National Audit Office is an independentparliament body in the UK which is developed by UK government in 1983. This organisationengaged with Tertiary sector because they provide auditing services.Purpose- The main purpose of NAO is to audit central government departments,government agencies and non-departmental public bodies and carries out value for money auditsin to administration of public policy.Legal structure- It is lawful structure where companies are operate its business according to thedeveloped regulation. This structure is as following:Central government- It is parliament authority which has power to make laws orregulations for the entire nation in contrast with local government. They are responsible fornational environmental policy directed to contributing to sustainable economic development andto the health or safety of citizens by improving and managing the quality of the environment(Charter, 2017).2
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