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Business Management in UK - PDF

   

Added on  2020-12-30

10 Pages2710 Words210 Views
Level 4 businessmanagement

Table of ContentsINTRODUCTION ..........................................................................................................................1MAIN BODY...................................................................................................................................1Conclusion ......................................................................................................................................6.........................................................................................................................................................6REFERENCES ...............................................................................................................................7

INTRODUCTION Business environment contains of two elements that are macro and micro. Every businessoperates within these two factors. So, any change in factor will highly impact on operations andgrowth of organization. Besides this, there are different types of organization which exists incountry. They all contribute towards economic growth. Moreover, they have different types ofstakeholders and accordingly set aims and objectives. This report will differentiate organizationon basis of their structure, size, scope, etc. Also, how it will show how stakeholders’ objectivesare achieved by them.MAIN BODYWhat? Description Task is to identify and reflect on various forms of organization and their purpose. In thisanalysis I selected particular country is UK and some companies (Renko and et.al., 2015).Besides this, I was asked to make report on business environment and write my opinions andviews over analysis of different types of firm. Furthermore, I was told to thoroughly investigatebusiness environment and how each organization operate in it to meet stakeholders’ objectives. itwas not easy for me to gain knowledge about businesses. I considered some common public,private and voluntary firms that exits in UK. I collected insight about legal framework defined bygovernment to form structure. It was necessary for me to get identify types of stakeholdersconnected with business and how they interact with them. So, what? Interpretation I have analyzed that all the organizations differ in various types but all the enterprisescontain different objectives and business plans in order to achieve the future sustainability in themarket. I have discovered that different types of functionalities and objectives that are carried byorganizations such as private, public and voluntary enterprises (Chaffey, 2015). There arevarious types of legal formats exist that supports the sustainability of the firms. I have analyzedthat various persons might be included in different organizations that may be called as theowners of the company. There might be sole proprietorship and a partnership firm that mayinclude more than one ownership within the form. I have also discovered that the aim of the business organization in the private sector is tosurvive in the market for the longer run which can be done by making the huge profits. While, it1

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