P1: Different types and purpose of organisation

Added on - Dec 2020

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Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1: Different types and purpose of organisation....................................................................1P2: Size and scope of several organisations...........................................................................4TASK 2............................................................................................................................................5P3: Relationship between different organisational functions and their link to organisationalobjectives and structure..........................................................................................................5TASK 3............................................................................................................................................7P4: PESTLE model to determine positive and negative impact of macro-environment........7TASK 4............................................................................................................................................9P5: Internal and external analysis of M&S company with another similar organisation.......9P6: Interrelation of strengths and weaknesses with external macro factors.........................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................13
INTRODUCTIONBusiness Environment highlight those factors which is outside the business enterprise likeindividual, institution’s and other internal factor greatly influence on the overall businessperformance andsustainability.The business environment includes following factors governments,suppliers, consumer groups, competitors, market situations, media, economic conditions,technologies, trends, investors and various other institution’s. Even though these forces workingoutside the boundaries of business but greatly significances for growth organisations. influence thebusiness even though they are outside the business boundaries. For example, in case governmentsincrease the tax rate then customer automatically purchase less, hence company need to revised theprices of products then only company can survive in changes. Now by elaborating the importance ofbusiness environment.UK-based company Mark & Spencer running the business ofmanufacturing of clothing, home products and luxurious food. In this project all type of size,purpose and scope of organisation, structure and function. To understand the factors of businessenvironment PESTLE analysis and SWOT analysis also specified in this the project. Theimportance of interrelation of strengths and weaknesses with external factors included so thenegative or positive impact on business operation clearly highlighted (Reed and et. al., 2013).TASK 1P1: Different types and purpose of organisationDifferent organisation setup with common objective to earn the profits by providing thedesirable products or services to the customer at reasonable prices. In today’s world various typeof organisation operated to achieve the common objectives or goals i.e. fulfil the demand andneeds of the customer) to some organisation are private, public and non-profit organisation. Thepurpose of the organisation briefly specified below:Private sector organisation:The main motive of such type of companies to earn or generate maximum profits and runby the shareholder or nongovernment organisation. The private ownerships may issue the stockand have shareholders, but with conditions it should be not issued in public like IPO and nottrade in public exchanges (Reinhardt and Stavins, 2012).M & S is one of the private sector organisation and operate the business in variouscountries. In UK it having 978 stores so it becomes first company who earn more than 1-billion-1
dollar pre-tax profit. It also attracts number of candidates to work in company because of havinghigh value in market and around 84,000 employees working in year 2017.Purpose of firm:There are various benefits which could be rightly said that the private organisation is easyto incorporate in an effective manner. Here are various objectives for an effective manner. Thisis to make an effective tool that could be used in order to make in an effective manner. Thepurpose of the firm is to make the business objective in an effective manner that could help outto gain in an effective manner.Generate large amount of profits.Want to increase the standard of living of customer by providing the quality of products.Establish more branches or store in all over the world.Types of private firms:Partnership:Partnership firm establish when two or more partners agree to worktogether to earn mutual profits. In every partnership there must be a partnership deed which showthe contractual agreement between the partners. In deed all the term and conditions, profits orloss sharing ration between the partners, liabilities, capital investments and roles &responsibilities clearly mention and every partner shall work accordingly. The partnership makesthe business feasible if two or more individuals or firms are work together in order to gain theprofits in an effective manner.Sole trader:When single person decides to establish business and also run without anyinterferences of other then such business called the sole proprietorships business. The sole traderis only decision-making authority in business (Shigang, 2011). All the profits or loss singly bearby sole trader. The main aim of the sole trader is to make the business profits in an effectivemanner that could help out to gain the sustainability for making efficient manner.Limited companies:The company in which the liabilities are limited either by guaranteeand limited by shares such company consider as limited companies the shareholder. acts asowner of the company and operates the business functions. The Limited organisation is totallyrelied upon the public that can be raised to finance in an effective manner.Public sector organisation:The public sector undertakings are the business undertakings which are majorlycontrolled by the government undertakings in an effective manner. the government runs these2
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