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Macro Factors, Strength and Weakness of an Enterprise

   

Added on  2020-06-04

13 Pages4122 Words341 Views
Business DevelopmentFinanceEnvironmental Science
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BUSINESSENVIRONMENT
Macro Factors, Strength and Weakness of an Enterprise_1

Table of ContentsINTRODUCTION .....................................................................................................................................3TASK 1....................................................................................................................................................3P1 Different types of organization and its legal structure ................................................................3P2 Different types of organization and its size and scope ................................................................4TASK 2....................................................................................................................................................5P3 Function of an organization relating to corporate objectives .....................................................5TASK 3....................................................................................................................................................7P4 Macro factor and its positive and negative impact .....................................................................7TASK 4....................................................................................................................................................9P5 Internal analysis of an enterprise in order to identify strength and weakness ...........................9P6 Strength and weakness relating to the macro factor ................................................................10CONCLUSION ......................................................................................................................................11REFRENCES..........................................................................................................................................12
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INTRODUCTION Business environment is too complex and dynamic in nature and its influence acompany positive or negative manner. It is significant for a corporation to analysis theirenvironment and make strategy accordingly in order to provide long term growth anddevelopment. There are two types of factor micro and macro impact the performance of abusiness in the longer run (Dahan and et. al., 2010). This report based on Tesla which isautomobile enterprise and operates its business in UK and other European countries. Thisstudy will be explaining about the types of business and its size and scope such as private,public, voluntary with its legal structure. Further, there are various functions and its relationwith the organizational goals is also significant for an enterprise. Additional, this report alsodiscussing about the environmental factor such as political, social, legal and so on. TASK 1P1 Different types of organization and its legal structure Business can be run and managed in several ways depending upon the owner, whochooses themselves and will affect the company's and the owner's liability (Teece, 2012).This is one of the foremost decision that owner should make regarding their businessstructure in order to utilise the resources in the efficient and the effective way targeting tocompany's goal and objectives.Business Organisation can be classified as:PrivatePublicNon-VoluntaryPrivate: This type of companies is legally registered according to company's act, UK. It isrun by the individual or group of people who work together to generate revenue which arecontrolled by the private players. Such types of organisation are free from the governmentcontrol and restrictions (Wirtz, Schilke and Ullrich, 2010). However, they can also becomepartner with Government Bodies in order to serve the Nation. Their main function is to earnhigh productivity by generating greater revenues and attain a better position in the marketplace. There are many private companies in UK like Formula One, Virgin Trains, Tesla etc.whose main aim is to fulfil the demand of desired customer by generating higher revenue
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Public Company: It is a form of organisation which fully owned, managed and controlled bythe Government Bodies. Public companies can offer their shares to public to raise fund fromthem for commercial use and are free to trade their shares with limited liability. For freelytransferring of their shares it needs to be listed in the London Stock Exchange(LSK). Theirmain aim is to have greater access to the capital and having eminent profile (Reinhardt andStavins, 2010). The value of raising fund from public is in how it can be enlisting to serve thebusiness. By having more potential of funds, Public Company can pursue new projects, payoff exiting debt, make acquisition & merger etc. some of the examples are Burberry, RolsRoyace, Royal Dutch Shell etc. Voluntary enterprise: This is also termed as Not for Profit Organisation in which company donot make profit for private owners, investors or shareholder. Their main purpose is to servethe society or the weaker section of the society and fulfil their desired needs and wants otherthan simply making profit. Example are: Kanga Wrap, People against Poverty, The RainbowHouse Project etc. Two categories fall under this form of organisation one is CharityCompany and the other is Community& Interest Companies (Auzair, 2011).Charitable Trust: They are run by the groups of volunteers who work together in order toprovide servicing to the society. It can be to run a campaign, or to improve the conditions ofthe neighbourhood, serve the weaker section of society etc. Community and Interest Companies: In such organisation members voluntarily join togetherand have a common purpose to work on it (Rossi, Vrontis and Thrassou, 2012). It is aneasiest and the quickest way to serve the problems of the society by joining the hands ofanother people who are also having the common goal. P2 Different types of organization and its size and scope Tesla, UK: Tesla is one of the emerging private player in auto-mobile industry. They operatetheir business in different countries such as UK, USA, France, Germany and other Asiannations. They deals in offering electric cars to their customer at an affordable price. The sizeof Tesla Motors is high in field of electronic is gaining day by day as they are using therenewable energy which is serving the society as well. In today's scenario where pollution isgrowing on very rapid mode these inventions are serving the society at a great level. Tesla ishaving the strong sales growth and moreover the Brand Recognition is so strong that USNews ranked the Company as #1 in the list of hybrid cars. Tesla are in making process of cars
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