Business Environment: Understanding the Dynamics of Organizations and Success

Business Environment
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Table of Contents
Introduction......................................................................................................................................4
Task 1 ppt........................................................................................................................................5
1.1 Describe the types of organisations found in the public and private sectors in a named
country. You may wish to use examples from the UK or another country with which you are
more familiar...............................................................................................................................5
1.2 Explain the different structures within the businesses in your selected country and suggest
reasons for the variation...............................................................................................................6
1.3 Identify a named business and describe how the local, national and global economic
environment impacts on this named business..............................................................................7
Task 2...............................................................................................................................................8
2.1 Explain the importance of accounting for business success..................................................8
2.2 Describe the different functions carried out by the HR department in a business................8
2.3 Outline key features of employment legislation....................................................................9
Task 3.............................................................................................................................................11
3.1 Interpret the information on the profit and loss account......................................................11
Task 4.............................................................................................................................................12
4.1 Carry out an analysis to determine your own and others’ roles within a team. Write up the
results of your work...................................................................................................................12
4.2 Produce detailed notes which can be used to support future training events which:..........12
a) Describe the stages of team development..............................................................................12
b) Assess three motivation theories...........................................................................................13
c) Describe different types of leadership style..........................................................................13
Task 5.............................................................................................................................................15
5.1 Explain the impact of customer service on business success..............................................15
5.2 Explain the benefits of customer profiling to a business.....................................................15
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Conclusion.....................................................................................................................................17
Reference List................................................................................................................................18
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Introduction
The environment if business is influenced by many factors. The type of organization determines
the profit making strategies. The structure of the organization draws out the ownership pattern.
The ownership pattern has a direct impact on the capital that would be spend in an organization.
The employees are the main assets of the organization. Some employees are efficient from the
beginning and to some the habit of efficiency has to be inculcated. This can be achieved by
following some leadership styles and motivational theories. This assignment would shed light on
the importance of accounting in a business organization. The other things that would be
discussed here are the different functions that are carried out by the different departments of the
business. The customers are the vital part of the business. Targeting the consumers, and applying
various sales theories also help the organization to grow.
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