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Business Environment Essay - ROLEX

   

Added on  2020-06-04

12 Pages3523 Words128 Views
Business Environment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different type of organisation and their legal structure....................................................1P2 Size and scope of different type of organisations.............................................................1TASK 2............................................................................................................................................1P3 Different functions and their link with functions and organisational structure.................1TASK 3............................................................................................................................................3P4 Impact of macro environment on organisation and their impact......................................3TASK 4............................................................................................................................................5P5 Internal and external analysis of organisation...................................................................5P6 Strengths and weaknesses interrelate with external macro factors...................................7CONCLUSION................................................................................................................................8REFRENCES...................................................................................................................................9

INTRODUCTIONBusiness environment is that in which several different sector companies exists.Although, this is dynamic in nature which modify because of several factors. The same is of twotypes micro factors which includes such elements that give small level impact on business whenchange. On the other hand, another is macro level factors such as political condition,competitors, market condition and several other (Lee, Olson and Trimi, 2012). This assignmentis based on different type of organisation such as public, private and voluntary along with theirlegal structure. Impact of changes in various factors are also highlighted below. As well way ofminimising their negative impact on working of business also described. Private organisation inthis assignment is ROLEX which is watch manufacturing organisation founded in 1905 by HansWilsdorf and Alfred Davis. Area serving by them is worldwide with 2800 approx number ofemployees. Moreover, public company is Child support agency and voluntary is Welcome Trustmore description of these is stated below.TASK 1P1 Different type of organisation and their legal structureCovered in PPTP2 Size and scope of different type of organisationsCovered in PPTTASK 2P3 Different functions and their link with functions and organisational structureBusiness organisation require proper structure for their working as well there are severaldepartment in an company (Rossi,Vrontis and Thrassou, 2012). Working of every department isinterrelated and all of them are contributing their efforts in development and growth of business.Relationship between each and every department of ROL:EX is given below:-Research and development:- Every organisation have research and developmentdepartment same ROLEX also have. This is important for identifying current market trend andalso satisfaction level of customers with current goods and services. Through research anddevelopment department company can gain several advantages as well it help in generatingrevenue which is important for survival in market. 1

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