Business Environment of Morrisons

Added on - 21 Jul 2020

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BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Different types and purposes of organisations with their legal structure..............................1P2 Size and scope of different type of organisation....................................................................3P3 Relationship between functions of various organisation.......................................................6TASK 2..........................................................................................................................................10P4 Positive and negative impact of macro environment...........................................................10P5 Internal and external analysis to identify strengths and weaknesses...................................11P6 Strengths and weaknesses interrelated with external macro factors....................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
INTRODUCTIONThere are two factors in the business environment one is external and other is internal factorswhich have potential of affecting the functions of company including management, customers,demand and supply, organisational culture along with regulations. It should be ensured that allthe major factors should be considered in order to make business successful (Hilton and Platt,2013). This in turn will allow company to formulate effective planning for process. In thisreport, company chosen is Morrisons. This company was started as an egg and butter dealer in1899 andslowly it grow as a biggest supermarket in UK. They have made the policy ofexpanding business within UK. There are various factors which are being discussed in this reportlike functions of company in a macro environment, includes goal, culture, operations. Asthrough PESTLE and SWOT analysis, the working of company can be known.TASK 1P1. Different types and purposes of organisations with their legal structurePublic Sector OrganisationsThere can be many companies which are being regulated by the Govt. of respectivecountry within category of public sector. It mainly consists of both services along with thecompany which do not work for profit motive. This kind of sector mainly includes education,electricity, health care institutions, infrastructure along with many other companies (Welford,2013). Finance for these kinds of companies is usually raised by the government taxes, fees andthrough the transfers of funds from federal to state Govt. There is rapid growth of the publicsector due to the catering up of necessary work.But in the UK, growth of the public sector islesser than private sector.Legal structure:Legal element generally consists of the two forms of this aspect which aregeneral Govt. Along with the public organisations which are being described below:General government:Central government:This kind of Govt. mainly regulates the nation. In the UK, there arevarious rules and regulations for companies and people. Major motive of these kinds oflegal authorities are being shared by the central and state for gathering taxes and thus,printing money.1
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