Business and the Business Environment: Sub-sectors, Organizational Types, and Interrelationships

This report explores the different types of organizations and sub-sectors in the business environment, using JD Sports as a case study. It also examines the interrelationships between different departments and functions within an organization. The report includes a portfolio of industry analysis factsheets and an environmental business audit presentation.

Business and the
Business Environment

Contents
INTRODUCTION...............................................................................................................................3
PART 1.................................................................................................................................................3
Sub-sectors and the different types of organisations in the industry..................................................3
Various business functions in one organisation and create an organisational chart to explore the
interrelationships between the different functions.............................................................................5
Interrelationships between different departments..............................................................................6
PART 2.................................................................................................................................................7
(Covered in PPT)...............................................................................................................................7
CONCLUSION....................................................................................................................................7
REFERENCES....................................................................................................................................8
Appendix..............................................................................................................................................9

INTRODUCTION
Business environment can be referred to as all the different factors, both internal as
well as external that can impact the overall operations of the organizations (Al-Surmi, Cao
and Duan, 2020). The different factors can include customers, competitors, stakeholders,
shareholders, suppliers as well as technological and economic factors etc. There are different
types of organizations that operate at different levels such as private, public as well as
voluntary organizations. Organization chosen for this report is JD Sports, which is one of the
largest retailers in the world that offers a wide variety of household as well as clothing
products to the customers (Yen and et.al., 2020). The company was founded in the year 1884
by Michael Marks and Thomas Spencer and is headquartered in London, United Kingdom.
The respective report includes a portfolio of industry analysis factsheets as well as an
environmental business audit presentation. The factsheet will include an explanation about
the sub-sectors and the different types of organisations in the industry.
PART 1
Sub-sectors and the different types of organisations in the industry
There are different types of organizations that operate on different levels such as
public, private as well as voluntary organizations (Xu, 2020). An explanation about the
different organizations, the market size as well as growth of the international business
environment is provided below-
Public Organizations
Public organizations can be defined as a type of organization that is not for economic
development. There are different public organizations that operate in the UK, United
Kingdom and offer various services to the customers (Brownson, 2020). This ensures that the
needs as well as preferences of the customers are met. NHS or National Health Service is one
of the largest publicly funded organizations that operate in the UK. The company offers
various healthcare services to the people.
Market Size – In March 2019 there were 112,031 doctors, 311,380 qualified nursing
personnel such as midwives and fitness site visitors) and 34,556 managers within the NHS
out of a total personnel of 1,093,638.

Vision – NHS imaginative and prescient declaration is “allowing people to live
healthier and more unbiased lives via extremely good seamless care.” This statement
emphasizes on the gains that its clients advantage from the data and alternatives it affords.
Mission - NHS task declaration is “to provide care and services that we and our
families might need to use.” The specificity of what NHS does is the point of interest of this
announcement.
Scope - Scope is a charity that helps disabled human beings and their families. What
we do: Campaigns - we paintings with disabled humans at the problems which might be
maximum essential to them and aim to elevate attention, alternate attitudes and impact
authorities policy.
Private Organizations
A private organization is any partnership, enterprise, man or woman, or business
enterprise that is not operated via a earnings or a public body. It includes all companies which
might be for-earnings that are not authorities owned or operated (Djurian and et.al., 2020). JD
Sports is one of the leading organizations in the private retail sector. It can be stated that there
are different types of benefits of private organizations such as it is easy to transfer the shares
as well as the property is owned by the owner.
Market Size – As of 2020, there have been 1,037 JD Sports stores located within the
UK, and 472 other store places situated round the sector. Across its operations global, the
employer employs approximately 70 thousand people, the general public of which might be
females.
Vision – Marks & Spencer's vision assertion is “To offer a popular towards which its
competition may be measured, from patron revel in to care for the surroundings and
community and to the running environment for employees.”
Mission - Marks & Spencer's primary challenge is to make humans aware about the
importance of using first-class products (Falcão, Ramalho and Nobre, 2020).
Scope - By mixing traditional principles, and underlying brand values, with new
missions and ideas, the organization has been able to make the maximum out of its heritage
as a classic British company, without losing sight of the cutting-edge wishes and expectancies
of its target market.

Voluntary Organizations
A voluntary institution or union (additionally every so often referred to as a voluntary
organization, commonplace-hobby affiliation, association, or society) is a group of people
who input into an agreement, generally as volunteers, to form a frame (or corporation) to
accomplish a motive. Oxfam is a voluntary organization operating in the United Kingdom.
Market Size – Our people, our group. Oxfam International Secretariat has much less
than three hundred team of workers globally, even as the Oxfam affiliates have round 10,000
team of workers and nearly 50,000 interns and volunteers positioned around the arena,
operating in 90 international locations, to end poverty and injustice and to store lives.
Vision – Oxfam's Vision Oxfam's vision is a simply global without poverty: a
international wherein people can affect decisions that affect their lives, enjoy their rights, and
assume their responsibilities as full citizens of a international wherein all human beings are
valued and dealt with equally.
Mission – The mission of the company is to fight inequality to end poverty and
injustice.
Scope - Oxfam is a global motion of people who are fighting inequality to give up
poverty and injustice (Gedefaw Birhanu and Wezel, 2020). Across regions, from the local to
the worldwide, we work with people to deliver trade that lasts. Our work is grounded within
the commitment to the universality of human rights.
Various business functions in one organisation and create an organisational chart to explore
the interrelationships between the different functions
Business features are the high degree groupings of a corporation's abilities and tactics
to describe its paintings (Tsilika and et.al., 2020). Business features also ensure an
organisation runs nicely and does properly for its clients, personnel, leaders and shareholders.
A corporation could have one number one business characteristic or may also have numerous
(Ghauri, Strange and Cooke, 2021). Take this example of a advertising firm and the levels of
its services. The foremost useful regions of Marks & Spencer are sales and advertising and
marketing, human aid and management and IT help. The same are explained below –
Human Resources – Human resources is the set of those who make up the body of
workers of an enterprise, business zone, industry, or economic system. A narrower concept is

human capital, the knowledge and capabilities which the individuals command. Similar terms
consist of manpower, exertions, personnel, buddies or really: human beings.
Marketing – The seven features of marketing are distribution, marketplace research,
placing fees, finance, product control, promotional channels and matching merchandise to
clients. Marketing is crucial as it allows you sell your services or products (Mustapha and
et.al., 2020). The backside line of any commercial enterprise is to make money and
advertising is an important channel to reach that stop aim.
Finance – The Finance Function is part of monetary control. Financial Management
is the interest involved with the manipulate and making plans of monetary sources. In
business, the finance characteristic involves the obtaining and utilization of price range
necessary for efficient operations.
Operations - Operation feature is the term used to explain how the center operation
of the enterprise is designed and features. In production it is how the raw substances are
converted into a useable product. In sales, it's far how the products are obtained and offered
to the purchasing public. Operations management is the business characteristic responsible
for handling the process of advent of goods and services (Nahaei and Bahrami, 2021). It
includes planning, organizing, coordinating, and controlling all the assets had to produce a
business enterprise’s items and services. Because operations control is a management feature,
it includes dealing with people, gadget, generation, statistics, and all the different sources
needed in the manufacturing of goods and offerings.
Interrelationships between different departments
Human Resources and Finance – The marketing department takes at the obligation
of dealing with and developing the growth of a enterprise even as the finance department
works closely with advertising and marketing to screen traits inside the business as well as
manipulate the efficiency of advertising and marketing projects. Finance and advertising are
the 2 pillars on which the growth and earnings of organization are dependent and to suppose
that advertising and marketing and finance haven't any dating is a mistake because if the
employer does not combine finance and advertising then it's far in big hassle as they both are
wanted together in an effort to produce notable results for the destiny of the business
enterprise. Finance is worried with all monetary elements like income, fees, feasibility of
projects and so on.

Marketing and Research and Development - R&D and Marketing need to paintings
collectively. Perhaps R&D may be masters of the art of Possibility even as Marketing can
grasp the art of the Possible–that is what clients want and are inclined to pay for. It enables to
enhance focus of each other's capabilities and their price inside the enterprise (Nwachukwu
and Vu, 2020). When Marketing and R&D are really focused on understanding and
performing on patron needs, it makes both in their jobs less difficult and their effects extra
productive! This is a powerful competitive weapon for the reason that this is not the case at
many corporations.
Production and IT - Production department's major responsibility is to supply the
goods. For generating goods, it desires uncooked cloth, exertions and other charges. For
paying all expenses, manufacturing department wishes cash and fund that allows you to be
fulfilled by means of finance branch.
PART 2
(Covered in PPT)
CONCLUSION
Organization selected for this document is JD Sports, which is considered one of the
most important stores inside the international that gives a huge form of household in addition
to clothing merchandise to the clients. Business environment encompasses all the ones
elements that affect a organization's operations and consists of clients, competitors,
stakeholders, providers, industry trends, regulations other authorities sports, social and
economic elements and technological traits. The business surroundings can include factors
which includes: customers and suppliers; its competition and proprietors; enhancements in
era; laws and government activities; and market, social and financial tendencies.

REFERENCES
Books & Journals
Al-Surmi, A., Cao, G. and Duan, Y., 2020. The impact of aligning business, IT, and
marketing strategies on firm performance. Industrial marketing management, 84,
pp.39-49.
Brownson, C.D., 2020. Internal Factors that Stimulates Business Startups in Southern
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Djurian, A. and et.al., 2020. Trends of business-to-business transactions to develop
innovative cancer drugs. Sustainability, 12(14), p.5535.
Falcão, P., Ramalho, N. and Nobre, M., 2020. Stakeholder management: the new role of
business diplomacy. Journal of Business Strategy.
Ghauri, P., Strange, R. and Cooke, F.L., 2021. Research on international business: The new
realities. International Business Review, 30(2), p.101794.
Mustapha, A.M. and et.al., 2020. A systematic literature review on compliance requirements
management of business processes. International Journal of System Assurance
Engineering and Management, 11(3), pp.561-576.
Nahaei, V.S. and Bahrami, M., 2021. Uncertainty analysis of business components in Iran
with fuzzy systems: By comparing hypermarkets and Net markets. International
Journal of Innovation in Management, Economics and Social Sciences, 1(1), pp.45-
55.
Nwachukwu, C. and Vu, H.M., 2020. Strategic flexibility, strategic leadership and business
sustainability nexus. International Journal of Business Environment, 11(2), pp.125-
143.
Tsilika, T. and et.al., 2020. Entrepreneurial bricolage in the aftermath of a shock. Insights
from Greek SMEs. Journal of Small Business & Entrepreneurship, 32(6), pp.635-
652.
Xu, D., 2020. Social Policy Transformation and Business Environment Improvement: a
Comparative Analysis Based on China and Russia. Administrative Consulting, (7),
pp.83-98.
Yen, B.T. and et.al., 2020. Parking and restaurant business: Differences in business
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Appendix
PPT Presentation Slides