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Business and the Business Environment: Types of Sports Companies, Macro-Environmental Impact, and Organizational Analysis

   

Added on  2023-06-10

15 Pages3383 Words473 Views
Business and the
Business Environment

Contents
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
Various sports companies' types and missions............................................................................3
The magnitude and reach of different types of business sectors.................................................5
Links among various organisational functions:...........................................................................6
PART 2............................................................................................................................................7
Positive and negative impact of the macro-environmental on business operations....................7
Examination of strength and weakness of organisation through internal and external analysis: 9
Strengths and weaknesses with respect to external macro elements:........................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Business environment is a broad term which defined as the internal and external
surroundings which are influenced by various factors related to business such as employees,
needs of the customer and their choices, supply and demand, business operations, technology
involves in business, current trends, policies and laws formulated by government etc. These
factors play an important role in influencing the business operations and criteria of the firm. This
report represents various sectors involved in business and different types of organisations in
accordance with market size and growth and also several types and purpose of different sports
organisations are classified. The report has taken three sports company in consideration which
are UK Sports, Sobell leisure centre and Admiral sportwear with their respective field
(Schniederjans, 2018). Also, the report shows the pros and cons of the macro environmental of
business operations with the help of PESTLE and SWOT analysis. With the consideration of this
project, objective and structure of the company and the relationship between different functions
of organisation are outlined.
PART 1
Various sports companies' types and missions
There are three main sorts of sports organisations, each with its own set of goals, as listed
below:
Public Sector: Because they operate in the public sector, these businesses are backed and
subsidised by the government. These organisations work without making a profit to give services
to the general public. The UK Sports Council, for example, is a government-run sports
organisation (Rendtorff, 2019).
Mission: To maximise the country's production at a low cost by providing the finest services
with limited resources.
Construction by law-
Central government- The central government of a country controls the public
organisations or sectors that are supported by the government's treasury collection.

State government: Only the dew department has responsibility over public entities, and
the federal government does not intrude much in these areas.
Local government—municipal governments have the ability to manage these sectors and
generate profit or revenue for their communities.
Private sector- Individually or corporately owned and run firms are referred to as the private
sector. They operate with the purpose of earning a profit because they are not government-run. It
takes shape as a result of the development of new firms or the privatisation of government-
owned enterprises (Śmigielska, 2018). Admiral Sportswear is a privately held sportswear
company, for example.
Mission - The objective is to produce money or profit from investment returns while employing
more people than the government.
Construction by law -
A sole proprietorship is a legal entity in which one person owns a business and is
personally responsible for all obligations.
A partnership is a legal structure in which two or more people operate a business by
sharing all of the company's liabilities and benefits.
Non- profit sector - The voluntary sector consists of organisations that were established
with the intention of having a beneficial social impact rather than generating a profit.
Third-sector non-profit organisations are also known as third-sector non-profit
organisations. You are not employed by the federal, state, or local governments, nor are
you employed by a private company (Prashar, 2018). A non-profit sports organisation,
for example, is Sobell Leisure Centres.
Mission - The purpose of this programme is to assist people in attaining their objectives and
living their best lives.
Construction by law
Trust- This sector was established with the goal of defining a clear purpose for money
and property management. In this case, the Trustee is in charge of contracting on behalf
of the trust.

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