Business Environment of Organizations
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Added on 2020-11-12
Business Environment of Organizations
Added on 2020-11-12
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BUSINESS AND BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1LO1 .................................................................................................................................................1P1 Types of organizations and its purposes...........................................................................1P2 Size and scope of the organisations...................................................................................3LO2..................................................................................................................................................5P3 Organisation structures and functions...............................................................................5LO3..................................................................................................................................................6P4 Identification of positive and negative impact of Macro environment factors on UK retailmarket Using Pestle analysis..................................................................................................6P6 Internal and external assessment of UK supermarkets to identify its strength andweaknesses.............................................................................................................................8LO4................................................................................................................................................10P6 Explain how strengths and weaknesses interrelate with external macro factors.............10REFERENCES..............................................................................................................................11
INTRODUCTIONThe report incorporates the micro and macro environment affecting organizationsof all sizes and types working in retail sector of the UK. Business environmentcomprises of different internal and external factors which affect strategic businessdecision making. Every organization has certain role or purpose or vision which it tendsto fulfil with the help of human resources and thereby, generating profit for themselves,economy and individuals as well. The report undertake evaluation of various retail industries and non governmentsectors and their environment aspects which affects its overall performance and scaleof operations. The different size, type, and structure of retail company faces differentenvironment which has opportunities and threats affecting its reputation in the retailmarket.LO1 P1 Types of organizations and its purposes.Differences between public, private and voluntary organization. To evaluatedifferences three different organizations working in different sectors has been taken intoaccount.Basis ofdifferencesPublicPrivateVoluntaryOwnershipThese are mainlyowned and fundedby government. TheNationalHealthService organizationof UK is whollyowned sector ofgovernmentproviding health carefacilities to all at freecost of charge(BusinessTheprivatecompanies are fullyowned by solepersons, partners oras a joint venturewho has an acuteinterest in earningprofit. Asda being aretail chain ofsupermarket basedin UK has a sole aimof earning profitIt is usually ownedand operated by agroup of people whohas an aim ofuplifting the society.These are thoseorganizations whichcontribute towardseradicationofprejudices from thecommunity started ata small platform1
Environment, 2017).thereby enhancingits expansion andbecoming one of theleading supplier ofgrocery in UK.without earning anybasic profits. TheOxfam is one of theNGO working andoperating in UK.Business PurposeThe main purpose ofPublicsectororganization is tomaintain well-beingof their peoplethereby making littleor no profit. TheNHS looks after theelder and youngergenerations of UKand provide healthassistance in bestway possible (Stuartand et.al., 2010).The motive ofprivate organizationis solely towardsmakinghugeamount of profits soas to be distributedamong shareholdersas well as saved asreserves for fundingfuture projects. Asdahas grown with timegrabbinghugemarket share interms of profit.Thevoluntaryorganizations suchas Oxfam has a solemotive of eradicationof poverty from theUKeconomy(Carlton and Perloff,2015). It has anobjectiveofsustainable use ofresourcesandprovidingbasicamenities to alltherebysafeguarding theirinterest and securingtheir lives (BusinessEnvironment, 2017).MeaningThe public companyis able to list itsshares in the marketand on stockexchanges for thepurpose of purchaseby general public. The private limitedcompanies is noteligible for publiclisting of sharesthough could raisecapital from sellingsharesanddebenturestoThevoluntaryorganizations beinga non registeredcompany cannotparticipate in theseand usually has asmall area ofoperations which do2
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