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Essay on Business Environment - UK

   

Added on  2020-06-04

14 Pages2909 Words50 Views
BUSINESS ENVIRONMENT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
PROJECT 1......................................................................................................................................1
TASK 1............................................................................................................................................1
1.1 (P1) Different types, purposes of public, private and voluntary sectors and legal structures
.....................................................................................................................................................1
1.2 (P2) Size and scope of different types of organisations........................................................3
1.3 (P3) Relationship of different structure, size and scope of organisations with business
objectives, product and services..................................................................................................5
TASK 2............................................................................................................................................5
2.1 (P3) Relationship between organisational functions and their link with organisational
objectives.....................................................................................................................................5
2.2 (M2) Critical evaluation on relationships between organisational functions impact on
organisational structure...............................................................................................................7
2.3 (D1) Critical analysis of complexities of different types of business structure and their
relation with different organisational functions..........................................................................7
CONCLUSION................................................................................................................................8
REFERENCE...................................................................................................................................9

ILLUSTRATION INDEX
Illustration 1: Organisations' sectors................................................................................................4

INTRODUCTION
Business environmental factors are as micro and macro which impact on business
operations and their management. Including this, changes in business environmental factors
affect financial and non-economic performance of the entity. The project report is based on
understanding different types, purposes and structures of sectors in which business operated in
UK for decision making regarding establishment of new entity. In addition to this, size, scope
and legal structures of the different businesses can be identified. However, relationship of
organisational functions with structures will be introduced in this assignment.
PROJECT 1
TASK 1
1.1 (P1) Different types, purposes of public, private and voluntary sectors and legal structures
According to given case scenario, it is recognised that decision is to made regarding
setting up new entity in UK. Therefore, analysing different sectors, their size, scope and legal
structures is essential for appropriate decisions (Storey, 2016). There are public, private and
voluntary sectors in which businesses are segregated within a country. However, these sectors
and their purposes as well legal structures can be understood as follows:
Public sector organisation:
Under this sector, government interferes in business operations. There are different
public-sector organisations work for different sectors as retail technological and so on
(MitchelmStorey, 2016). For example; Tesco, Morrisons, Sainsbury, NHS etc. In this regard,
their purposes and legal structures can be identified as:
Purposes: Public sector organisations establishes on the basis of following objectives as:
To build up public trust with goods and services provided by entity.
To increase social awareness and public welfare with organisation's services.
To consider government's policy for business operations.
To contribute in nation's effectiveness as economic growth and so.
Legal structures: As public-sector organisations work under government's policies and
follows on all structures, therefore, for expansion of new entity, different legal formalities are to
1

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