Impact of interrelationship between organisation functions and impact on st

Added on -2020-07-23

BUSINESS ENVIRONMENT INTRODUCTION 1 P1 Different types of organisation and their purpose 1 Public sector : 1 Private sector: 2 Voluntary sector:4 P2 Scope and size of different types of organisation 5 P3 Relationship between different organisational function and link to organisation objective and structure 6 M1 Analyse structure, size and scope of different organisation8 M2 Analyse advantage and disadvantageofinterrelationshipbetween organisation functions and impact on structure 8 D1 Critical analysis of different business structure and interrelationship of
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BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1P1 Different types of organisation and their purpose..................................................................1Public sector : ..................................................................................................................................1Private sector:...................................................................................................................................2Voluntary sector: .............................................................................................................................4P2 Scope and size of different types of organisation..................................................................5P3 Relationship between different organisational function and link to organisation objectiveand structure................................................................................................................................6M1 Analyse structure, size and scope of different organisation ................................................8M2 Analyse advantage and disadvantage of interrelationship between organisation functionsand impact on structure...............................................................................................................8D1 Critical analysis of different business structure and interrelationship of differentorganisational function................................................................................................................9Conclusion ......................................................................................................................................9REFERENCES .............................................................................................................................10
INTRODUCTIONBusiness Environment is the collection of all individuals, systems, operations and otherrelated factors, that are or not under organisational control but are capable to affect itsperformance, profit, growth. Every business organisation works in a systematic well- definedenvironment as it cannot exist in isolation. This type of environment is not good for business andit gets affected by its activities. The business environment is dynamic as it changes continuously,it is uncertain in nature, complex and relative as it varies from one location to another. Theassignment is based on telecommunication's industry and different types of private, public andvoluntary sectors are explained. The business environment is affected and classified in twocategories, internal environment and external environment. It also takes into consideration thelegal structure of the business from which it performs. Different size and scope of range ofdifferent organisation are discussed. The relationship between different functions of theorganisation and their link with organisation structure is explained in the assignment.P1 Different types of organisation and their purposeThe different types of organisations are as follows: Public sector : It is a part of the economy which is concerned in giving various governmental services.It various in different countries and different types of services which include infrastructures aspublic roads, bridges, water supplies, telecommunication, etc. It provides services which arebeneficial to whole society rather than beneficial for an individual. It is managed by theshareholders of the company and the shares of the company are publicized on the basis of stockexchange. It aims to provide goods at lower cost for the welfare of its consumers, self- reliance,etc. Example of public sector organisation is Vodafone(Adebisi, Azeez and Oyedeji, 2016). Expansion and survival: To increase their importance in the business environmentpublic sector requires more funds and resources for their development. They issueshares publicly so to complete the requirement of funds and finance. It is necessaryto increase additional finance for the company to survive in this competitivebusiness environment.1
Economic development and surplus: The main aim of the business is to maximiseprofit and generate economic growth in the country. There is a requirement toincrease surplus for reinvestment and this is only possible by public saving.Purpose:It aims to deliver connectivity and innovative services which can improve the livelihoodof the people and their quality of life. To achieve this is the long run commitment and to managetheir operations responsibility and ethically.Legal structure:To increase their business, Vodafone focuses on partnership structure in more than 50countries as it cost less and is much easier to set up business in different countries. It also focuseson sole-partnership structure so to increase its market share.Advantages of public organisations:1.Issuing share publicly helps in increasing capital through public investment.2.Easily availability of finance through financial institution like banks, etc.3.Distribution of risk by selling shares to shareholders.Disadvantages:1.Issues between the control and ownership as in public organisation there are a groups ofpeople working together.2.Commitment of starting business with higher finance but term is short and it requires ahigher level of transparency.Private sector:It is the part of the economy which is also referred as the citizen sector and is run byprivate individuals or groups. Its main aim to means of enterprise for profitability, nointerference of government in the business. Non-governmental organisations formed by manysmall number of owners. Profit maximisation and loss is maintained by the individuals and whothemselves are responsible for all the ongoings in the organisation. Example of public sector isBT group(Baumane-Vītoliņa, Apsalone, Sumilo,2017).2

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