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Business Environment Legal Structure and Scope

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Added on  2021-01-01

Business Environment Legal Structure and Scope

   Added on 2021-01-01

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Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Different types and purposes of organisations..................................................................3TASK 2............................................................................................................................................6P3 Relationship between different organisational functions and its link with objectives .....6TASK 3 & 4.....................................................................................................................................7Covered in PPT.......................................................................................................................7CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
Business Environment Legal Structure and Scope_2
INTRODUCTIONBusiness environment can be termed as the entire external and internal componentswhich influence the functioning of organisation including consumer, worker, administration,demands and supply along with the regulations of business. This are referred as the set ofsituation, social, economical, institutional and political condition in which organisationaloperations are organised or conducted. New Look is one of the high street shops chain in thBritish International fashion retailer which was founded in 1969 (Siewiorek and et. al., 2012).The report is focusing over numerous types of organisation along with assessing size, purpose,legal structure and scopes of company. This will evaluate micro and macro environment alongwith their interrelationship between each other.TASK 1P1 Different types and purposes of organisationsAn organisation is set up in certain manner to attain structure, goals and purpose sharedby the whole entity and their different structures. Distinct types of organisations varies ondifferent grounds that changes according to the size and purpose of the company. There are keythree types of companies i.e. private, public and voluntary companies on which grounds, distinctdecisions and judgements are being made within the distinct organisation. Here are discusseddifferent companies types along with their objectives and their requirements: Private Sector: In this classification, entire companies are being designed and framedthrough country's state along with numerous manufactured income by sharing different workamong the company. Purpose: The key purpose of these types of companies are to rendering moreopportunities of employment within the country which consist of adverse employeenumber to frame association to the unlimited public (Blanchard, Tolbert and Mencken,2011). Public Sector: In these sort of companies, they need to frame to achieve various servicesand products trading along with increasing benefits. These are mainly built for nation'sdevelopment and public well-fare that often re-invest their earned money. Purpose: the major purpose of such entities are to serve the citizens and focus overcompany's evolution. 3
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