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Business Environment Assignment : Aston martin

   

Added on  2021-02-18

12 Pages3571 Words54 Views
Business Environment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1: Concept of various types of organisation..............................................................................1P2: Size and scope of various organisation.................................................................................3TASK 2............................................................................................................................................4P3: Interrelation among various organisational department and their link..................................4TASK 3............................................................................................................................................6P4: PESTLE analysis with its positive and negative implication................................................6TASK 4............................................................................................................................................7P5: SWOT analysis of Aston martin...........................................................................................7P6: Interrelation of strength and weakness with external factors................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONBusiness environment is one of the crucial aspects which is related with internal andexternal factors those are affecting the company’s overall function. Employees and ineffectivedelivery system are taken into account as internal factors which would directly make impacts onthe overall growth and profitability. Management of an organisation is having all sort of power toreduce from negative influence of internal factors as they are well in control. Whereas externalfactors are those that are directly or indirectly impacts on the overall operations of an Astonmartin which is operating in automobile sectors (Hilton and Platt, 2013). This project is based on various types of organisation which operates their business indifferent areas along with their legal structure, size, and scope. Apart from this, connectionamong various organisational functions is also being shown under this report. Along with thisanalysis of the implication of external factors within Austin martin and SWOT analysis is beencovered under this report TASK 1P1: Concept of various types of organisation It is essential for a profitable business to make planning according to position in thecountry. A business can be analysing but become successful with the motive to attain overallaims and objectives of an organisation. There are various types of business organisation that areworking. These are categories under public, private and voluntary. All of them are havingvarious aims and legal structure. It is said to be legal obligation that are related with themanagement team of a company to follow these structure and deliver it best in the process ofaccomplishing their desired objectives. The essential purpose and legal framework are mentionedbelow: Private company: It is said to be that organisation which is held responsible for earningmaximum amount of profit from their operations. The primary purpose of this organisation is tosatisfy overall demand of the customers. These falls into various categories which are allowed tocertain problem related with the stock and their shareholders but cannot allow making trading onpublic exchange (Savrul, Incekara and Sener, 2014). Legal bodies would have been minimumcontrol over the functions of private organisation. Aston martin is one of the crucial companiesthat is operating in auto-mobile production. The segment under which it deals is related with1

luxury sports cars and grand tourers. This organisation is being originated in 1913 at London myRobert Bamford. The total net worth which is incurred by the company from their overalloperations is all about £ 876 million in 2017. The total number of employees working with thecompany is about 1850. Purpose It is said to be important part of the country economic system which is run by individualand companies, instead of government. The aim is to survive through making maximum profitfrom the available resources.Legal structure of private company: Partnership: This would consist of business that is basically formed through the two ormore than one person with the mutual contain. They all are working with the motive of attainingspecific objectives for an organisation. In case there is no any agreement of profit and loss, thenit would be distributed in equal proportion. Sole proprietorship: This would consist of all those business which are set-up by thesingle person. Overall liability business is working upon that single bodies and have total controlon the function of the company. Limited company: This can be further, classified into two different categories whichconsist of limited share and guarantee. It means that all the liability of members within anorganisation is been limited up to the unpaid amount on the overall shares which are held bythem during the period of time (Boons and Lüdeke-Freund, 2013).Public company: These types of organisation are basically all about serving their best tothe country development. On the overall functioning of this organisation, government of thenation has important control over other. The business activities which are associated with this areconsidered as police, transport, education and other. NHS is one of the public limited companythat aimed to deliver medical facilities and services to those people of society that are in need.They used to provide entire services to all over the globe. Purpose These are simply made with the motive of providing specific services rather than earningprofit. Organisation is to render with the services to people during the period of time for earningenough to get better pay their shareholder. Legal structure of public company: 2

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