Business & the Business Environment

Business & the Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
P1 Discuss different types and purposes of organizations such as public, private and voluntary
sectors & their legal structures....................................................................................................3
P2 Discuss size and scope of different types of organizations....................................................6
P3 Discuss the relationship between different organizational functions and their linkage to
organizational objectives and structure.......................................................................................8
P4 Evaluate the impacts of macro environment on business operations with specific examples.
...................................................................................................................................................10
P5 Evaluate internal and external analysis of selected organizations to identify strengths and
weaknesses.................................................................................................................................12
P6 Discuss how strengths and weaknesses interrelate with external macro factors..................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Business environment consist of different factors that impacts the business performance
in both negative or positive manner. Business environment is The market place where in the
business operates, these involves internal and external forces of the business. The internal forces
of the business environment consist of factors which are controllable within the business
organisation, the external forces of the business contain factors that are uncontrollable and are
outside the business organisation. In order to support The report with relevant information and
example, Marks & Spencer is the chosen organisation to complete this report. Marks & Spencer
is a British global organisation which was founded in the year 1884 by Michael marks and
Thomas Spencer. The organisation is headquartered in London, UK. The organisation is
famously known for delivering its quality output and customer oriented services. The association
delivers number of services such as clothing, beauty products, bank services, food services,
home improvement items. This report covers types and the purposes of different organizations,
size and scope of different organizations, relationship between the functional units and the
linkage with organizational objectives, the positive and the negative impacts of external
environmental factors, internal analysis in order to evaluate the dream areas and the strengths of
the business and lastly how the strengths and weaknesses pertains to the macro environment
(Akhmetshin and et.al., 2017).
MAIN BODY
P1 Discuss different types and purposes of organizations such as public, private and voluntary
sectors & their legal structures
Public Sector Private Sector Voluntary Sector
Definition Public limited
organizations are
defined by such
businesses which are
listed under the
London stock
Private Limited
organizations are
such organizations
that are not listed
under the London
stock exchange.
Voluntary
organizations are
such organizations
that are operated for
improving the
societal development

exchange in UK.
These businesses are
generally with large
number of
shareholders and
enjoys certain set of
benefits apart from its
Ethical Brand image
in the market place,
these businesses Can
raise capital through
public finances and
have large number of
shareholders in order
to bear the losses and
business expenses
which helps in
reducing the financial
burden on liability of
the business.
(Calabrese and et.al.,
2018).
These businesses are
owned by sole
traders, private
investors or even
partnership. unlike
public limited
companies these
businesses cannot
raise funds from
public sources. With
number of
shareholders the
profit is distributed as
dividend to the
shareholders, the
business is being
controlled solely by
the owner of the
business and the
personal finances are
kept separate from
the business
transactions.
in the country. These
are also called as
non-profit
organizations.
Purpose The purpose of such
organisation is to
operate as a public
body and deliver
products and services
that brings utility to
the general public.
These includes public
The primary purpose
of such businesses is
to maximize profits
by delivering
products and services
as per the market
demand and trends.
The sole purpose of
such businesses is not
profit maximization
but to raise voices for
social issues and
concerns in order to
improve the societal
development and