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Business and Business Environment: Types of Organizations, Organizational Functions, and Macro Environment Impacts

   

Added on  2023-06-04

17 Pages5058 Words363 Views
Business DevelopmentProfessional DevelopmentMaterials Science and Engineering
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Business and business
environment
Business and Business Environment: Types of Organizations, Organizational Functions, and Macro Environment Impacts_1

Table of Contents
INTRODUCTION ..........................................................................................................................4
P1 Explain different types and purposes of organisations; public, private and voluntary sectors
and legal structures......................................................................................................................4
P2 Explain the size and scope of a range of different types of organisations.............................6
M1 Analyse how the structure, size and scope of different organisations link to the business
objectives and product and services offered by the organisation................................................7
P3 Explain the relationship between different organisational functions and how they link to
organisational objectives and structure.......................................................................................8
M2 Analyse the advantages and disadvantages of interrelationships between organisational
functions and the impact that can have upon organisational structure........................................9
P4 Identify the positive and negative impacts the macro environment has upon business
operations, supported by specific examples..............................................................................10
M3 Apply appropriately the PESTLE model to support a detailed analysis of the macro
environment within an organisation..........................................................................................11
P5 Conduct internal and external analysis of specific organisations in order to identify
strengths and weaknesses..........................................................................................................11
P6 Explain how strengths and weaknesses interrelate with external macro factors.................13
M4 Apply appropriately SWOT/TOWS analysis and justify how they influence decision
making.......................................................................................................................................15
CONCLUSION .............................................................................................................................15
REFERENCES..............................................................................................................................16
Business and Business Environment: Types of Organizations, Organizational Functions, and Macro Environment Impacts_2

Business and Business Environment: Types of Organizations, Organizational Functions, and Macro Environment Impacts_3

INTRODUCTION
The functioning of an organisation is managed through the conduct of internal and
external factors in order to maintain a positive environment within the workplace. The
employees are the main asset of organisation that helps in maintaining the structural framework
by fulfilling the needs and demands of customers and even enables in managing the social and
economic changes in an organisation. There are various kinds of factors that determine the size,
nature and environment of business in an organisation. There is an immense need to upgrade the
activities of an organisation according to the changing environment and upcoming trends. The
organisation chosen in this report is Genius sports which is a sports data and technology
company with its origin in United Kingdom (Aker, and Aghaei, 2019). It was founded in
London in 2016 with its ownership acquired by National Football League. It mainly provides
integrity services to sports leagues with the version of video streaming, media companies and
bookmakers. This report will cover the size and scope of different kinds of organisation in
business environment. It will cover the positive and negative impacts of micro-environment with
relation between the different market functions in order to achieve the objective of organisation.
It will further cover the internal and external factors with determination of strengths and
weakness of an organisation.
P1 Explain different types and purposes of organisations; public, private and voluntary sectors
and legal structures
An organisation consists of different and varied functions which are mentioned below:
Public organisation: The organisations that are administered and managed through the
functioning of government are referred as public organisations. The money that is
obtained through taxes are managed through the operational functioning of public
organisation (Barykin, Smirnova, Sharapaev, and .et.al 2021). The organisations where
there is no profit of its own consists of public organisation such as hospitals, schools, etc.
The organisation of Genius sports is also a public organisation that provides sports
services to the public in general.
Business and Business Environment: Types of Organizations, Organizational Functions, and Macro Environment Impacts_4

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