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Sample Assignment on Business Environment

   

Added on  2020-06-05

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Business Environment
Sample Assignment on Business Environment_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1P1 Types and Purpose of Organisation..................................................................................1P2 Size and Scope of Different Organisation.........................................................................2TASK 2............................................................................................................................................4P3 Relationship between different organisational functions and its link with organisationobjectives................................................................................................................................4D1 Analysis of complexities in different types of organisation structure..............................5TASK 3 ...........................................................................................................................................6P4 Positive and negative impact of Macro environment on Business operations..................6TASK 4............................................................................................................................................7P5 Internal and External analysis of M&S ............................................................................7P6 Interrelation of Strength and weakness with external Macro factors................................9D2 Evaluation of impact of Micro and Macro factors on business objectives.....................10CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................12
Sample Assignment on Business Environment_2

INTRODUCTIONBusiness environment means a collection of individuals , firms, and various other factorswhich may or may not under the control of organisation. All these factors have effect onperformance and profitability , growth and survival of organisation. Each organisation operatesin different environment and have different kinds of activities to be performed. It is an importantpat of effective and efficient management of business (Boons and et. al., 2013). In this report,business environment of Mark and Spencer will be analysed. M&S is a British multinationalretailer based in London. it has total 1433 stores worldwide and serving high quality, own brandfood, clothing and Home products. Factors which are discussed like its size and scope, theirmarket structure, impact of external and internal environment factors on business environment ofM&S and internal strengths and weaknesses of company and its interrelationship with externalmacro factors. TASK 1 P1 Types and Purpose of OrganisationIn today's world, organisations have become a very important part of life because itprovides employment, growth in society through which improvement is shown. Organisation cancome in various forms and it affects various groups like government, society, stakeholders adindividual person as well. Therefore,a business organisation can be defined as group of peoplewho work together to achieve same goals and deliver same results. There are basically two broadclassification of organisation-Profit organisation- its main objective is to gain profit and market share in marketNot- for profit Organisation- its main objective is to work for welfare of society and notto earn profit. Other types of business organisation can be classified as :-1.Public Sector Organisation:- It is that type of organisation whose membership is withgeneral public. Minimum no. of people to start this company is seven and maximum isunlimited. A company is considered to be Government if majority of shares are held withgovernment. These companies are under greater control because of implementation ofvarious laws of government (Briggs and Grisaffe, 2010). 1
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Stock of these companies can be owned by anyone and their liability is also considered tobe limited which means that in case of loss, shareholders will only that amount which they havepaid fir shares. It also allows companies to sell shares to investors which is beneficial for raisingcapital.2.Private Company :- It is that type of organisation where goods and services aredistributed by individuals and not a part of any government. There are various types oflegal; structures available for private sector companies. There is various types of businesses in private sector also like-Sole trader shipPartnershipPrivate Limited company with Private sharesPublic limited company with open sharesThese types of companies are allowed to issue shares and have shareholders but theseshares are not traded in public exchanges and are not issued through an IPO. 3.Voluntary organisation:- These types of association is also called as union . They are agroup of individuals that enters into an agreement voluntarily to form a body ororganisation to accomplish a common purpose. These type of organisation are workingfor socio-economic development of country and promoting various types of culture, artsand other activities (Brinckmann, Grichnik and Kapsa, 2010). These type of organisationhave a legal structure whether it is an unincorporated association or a trust or a limitedcompany. Purpose of Business Organisation1.If it is For-Profit organisation then making more money is the main purpose of such typeof companies.2.Generate more revenue and try to sell more and more products to it customers. Purpose of Marks and Spencer are:-It aims to attract, motivate and retain high potential candidates which will help them 8indelivering good performance in market. They want to regain their leadership in clothing and speciality food. They see that there is plenty of sales opportunities in market present for them so they willbe working in that directions also. 2
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