Understanding Business Organisations
VerifiedAdded on 2023/06/10
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This essay provides an overview of different types of business structures, organisation structures, business functions, and organisational culture and their impact on organisations and people within them. It discusses the advantages and disadvantages of sole proprietorship, partnership, and limited liability companies. It also compares and contrasts tall and flat organisation structures and explains the impact of human resource management, production, and marketing on organisations. Finally, it defines organisational culture and explains how a positive culture impacts the success of an organisation. The essay includes references from well-reputed sources.
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Table of Contents
Introduction...........................................................................................................................................3
Define and outline of three advantages and disadvantages of any three different types of business,
for example: sole trader, partnership, limited company, etc................................................................3
Compare and contrast tall and flat structure of an organisation...........................................................4
Three business functions such as Human Resource Management, Production, Operations, etc. and
the impact of their functional management activities on organisations and the people within the
organisations.........................................................................................................................................4
Define organisational culture using well-reputed sources and explain how positive culture impacts
the success of the organisation.............................................................................................................6
Conclusion ............................................................................................................................................6
Refrences ..............................................................................................................................................7
Introduction...........................................................................................................................................3
Define and outline of three advantages and disadvantages of any three different types of business,
for example: sole trader, partnership, limited company, etc................................................................3
Compare and contrast tall and flat structure of an organisation...........................................................4
Three business functions such as Human Resource Management, Production, Operations, etc. and
the impact of their functional management activities on organisations and the people within the
organisations.........................................................................................................................................4
Define organisational culture using well-reputed sources and explain how positive culture impacts
the success of the organisation.............................................................................................................6
Conclusion ............................................................................................................................................6
Refrences ..............................................................................................................................................7
Introduction
While forming a company there are many different types of businesses to choose from. A few of them
are sole trader, partnership, limited company, corporations etc. This report below will provide a quick
overview over a few types of business. A companies organisation structure laser big rose in success
and growth of the company. In the process of Administration and operation of business activities they
are many business functions done in an organisation which are human resources management
production operation etc. The organisation structure depicts a company’s values, sociology,
psychology, etc. for example it can include philosophy, value, expectation and experiences. The
following report explain the definition and outline of 3 advantages and disadvantages of different
types of businesses. The report also comparing contrast the organisation structures(Darus, 2019). The
in the report it is discussed how the difference business function goes on in an organisation and the
impact of the functional management activities on organisation and the people within the
organisation. The port also explains organisation structure and how it impacts the success of an
organisation.
Define and outline of three advantages and disadvantages of any three
different types of business, for example: sole trader, partnership,
limited company, etc.
They are different types of business structures. Before forming a business, entrepreneurs should
carefully select the type of business structure which suits the best to the Enterprise.
Below are three of the business structures discussed: -
Sole proprietorship is a type of business owned by one individual only. It is the simplest of
the types of businesses as it offers the least amount of financial and legal protection for the
owner. Just like other partnerships or other business structures sole proprietorships don't have
a separate legal entity for the business because the owner of the business shares the same
identity as the company. This is the reason on is fully liable to all the liabilities that occur at
the name of company. Any Businessman choose sole proprietorship because they want to
retain a full control of their company. Another important reason to choose sole proprietorship
as a type of business is that it is relatively easy and in expensive process to form a sole
proprietorship.
As the name says it all a partnership is a type of business which is owned by to more people.
These are called partners. The owners in the partnership are responsible and liable for all of
the liabilities of the firm (Mikova, 2020). There are many different types of partnership
While forming a company there are many different types of businesses to choose from. A few of them
are sole trader, partnership, limited company, corporations etc. This report below will provide a quick
overview over a few types of business. A companies organisation structure laser big rose in success
and growth of the company. In the process of Administration and operation of business activities they
are many business functions done in an organisation which are human resources management
production operation etc. The organisation structure depicts a company’s values, sociology,
psychology, etc. for example it can include philosophy, value, expectation and experiences. The
following report explain the definition and outline of 3 advantages and disadvantages of different
types of businesses. The report also comparing contrast the organisation structures(Darus, 2019). The
in the report it is discussed how the difference business function goes on in an organisation and the
impact of the functional management activities on organisation and the people within the
organisation. The port also explains organisation structure and how it impacts the success of an
organisation.
Define and outline of three advantages and disadvantages of any three
different types of business, for example: sole trader, partnership,
limited company, etc.
They are different types of business structures. Before forming a business, entrepreneurs should
carefully select the type of business structure which suits the best to the Enterprise.
Below are three of the business structures discussed: -
Sole proprietorship is a type of business owned by one individual only. It is the simplest of
the types of businesses as it offers the least amount of financial and legal protection for the
owner. Just like other partnerships or other business structures sole proprietorships don't have
a separate legal entity for the business because the owner of the business shares the same
identity as the company. This is the reason on is fully liable to all the liabilities that occur at
the name of company. Any Businessman choose sole proprietorship because they want to
retain a full control of their company. Another important reason to choose sole proprietorship
as a type of business is that it is relatively easy and in expensive process to form a sole
proprietorship.
As the name says it all a partnership is a type of business which is owned by to more people.
These are called partners. The owners in the partnership are responsible and liable for all of
the liabilities of the firm (Mikova, 2020). There are many different types of partnership
namely known as General partnerships Limited partnerships and limited liability partnership.
There is a greater exposed to risk in partnership as compare to other type of business but it
offers more flexibility.
Limited liability companies also known as LLCs are the most flexible type of business among
all. LC combine the features and aspects of both corporations and partnerships. Enable c the
organisation exists as an own legal entity. This saves the owners of the organisation for being
personally payable or liable for any debts in the business.
Compare and contrast tall and flat structure of an organisation.
There many factors that determine the type of organisation that should be chosen in tall organisation
or flat organisation. One of the most important factors is the size of the company as the larger
companies should opt for tall structure and smaller business should have a flat structure.
Tall organisation is also known as vertical organisation (Stone, 2020). In such organisations
there is a chain of Hierarchy on which the CEO sits at the top with other levels of
Management underneath. In tall organisation the CEO has the most of the decision making.
Flat organisation which is also namely called a horizontal organisation. In flat organisation
there are a very few levels of management and the employees have autonomy in decision
making process. The employees in flat structure organisations or motivated to work and solve
the company issues all together.
The company premier inn follows the tall structure of Organisation in their company because the
company is a large organization. Premier inn is a limited- service Hotel chain in United Kingdom
hotel industry. The company has hotels at variety of locations including airports, City centres, prime
locations and many more (Collins, 2021). The CEO of the company manages all the decision making
for the company and then all the decisions are applied to the different operation activities in the
business.
Three business functions such as Human Resource Management,
Production, Operations, etc. and the impact of their functional
management activities on organisations and the people within the
organisations.
Human resource management: People play an important role in any organisation or business
as a resource. In order to create brand loyalty, earn more profit and lead the market effectively
the company should be managing people of its organisation better. The management of
There is a greater exposed to risk in partnership as compare to other type of business but it
offers more flexibility.
Limited liability companies also known as LLCs are the most flexible type of business among
all. LC combine the features and aspects of both corporations and partnerships. Enable c the
organisation exists as an own legal entity. This saves the owners of the organisation for being
personally payable or liable for any debts in the business.
Compare and contrast tall and flat structure of an organisation.
There many factors that determine the type of organisation that should be chosen in tall organisation
or flat organisation. One of the most important factors is the size of the company as the larger
companies should opt for tall structure and smaller business should have a flat structure.
Tall organisation is also known as vertical organisation (Stone, 2020). In such organisations
there is a chain of Hierarchy on which the CEO sits at the top with other levels of
Management underneath. In tall organisation the CEO has the most of the decision making.
Flat organisation which is also namely called a horizontal organisation. In flat organisation
there are a very few levels of management and the employees have autonomy in decision
making process. The employees in flat structure organisations or motivated to work and solve
the company issues all together.
The company premier inn follows the tall structure of Organisation in their company because the
company is a large organization. Premier inn is a limited- service Hotel chain in United Kingdom
hotel industry. The company has hotels at variety of locations including airports, City centres, prime
locations and many more (Collins, 2021). The CEO of the company manages all the decision making
for the company and then all the decisions are applied to the different operation activities in the
business.
Three business functions such as Human Resource Management,
Production, Operations, etc. and the impact of their functional
management activities on organisations and the people within the
organisations.
Human resource management: People play an important role in any organisation or business
as a resource. In order to create brand loyalty, earn more profit and lead the market effectively
the company should be managing people of its organisation better. The management of
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human resource in a company is known as human resource management. The human resource
management function is one of the most important factors in an organisation’s success.
The hotel chain namely Premier Inn is very precisely performing the human resource
management function in the organisation. The human resource management function includes
recruitment and selection, job analysis and design, performance management, learning and
development, compensation management, employees’ welfare and policies (Bratton, 2021).
The human resource management practices are helping in bringing new skills and ideas from
the people in the organisation which will boost up the growth of business. The human
resource management function in the respective company is helping to provide and upgrade
the skills of work force in the organisation. The company premier in is providing employees
satisfaction through the human resource management function in the organisation. This is
providing the employees a sense of meaning and purpose about what they are doing.
Production: The production function in an organisation is the converting of inputs into the
outputs. The input may include natural resources, raw materials, human resources and the
capital of an organisation. In production all these inputs are converted into outputs that are
known as products or services (Pathiranage, 2019). The production function in an
organisation attempts to utilise the 6Ms which are men, machines, money, methods, materials
and market in order to produce the desired outcome.
The respective company premier in is mainly providing services to its consumers. As the
company is using human resources and the premises of organisation as the inputs to provide
the outputs known as the services of hospitality they are giving.
Marketing: Marketing is one of the most important functions in any business. Marketing is the
way to inform the consumers and give them a basic idea about what is the product or service
the company is giving all about. Marketing helps to boost the sales and create different
revenue options. It helps the business to set better goals and improve the decision making
(Lubis, 2020). Marketing helps the business to build reputation for the brand and this benefit
the company in order to establish themselves in the market.
The respective company premier in is providing online booking so that there would be no or
less efforts required by the consumers to come in book their desired option. The company is
Managing its website very precisely which is helping their customers to book the bookings in
the easiest way. Providing the consumers, the ease to get the products and services and
services is one of the easiest and most effective way of marketing.
management function is one of the most important factors in an organisation’s success.
The hotel chain namely Premier Inn is very precisely performing the human resource
management function in the organisation. The human resource management function includes
recruitment and selection, job analysis and design, performance management, learning and
development, compensation management, employees’ welfare and policies (Bratton, 2021).
The human resource management practices are helping in bringing new skills and ideas from
the people in the organisation which will boost up the growth of business. The human
resource management function in the respective company is helping to provide and upgrade
the skills of work force in the organisation. The company premier in is providing employees
satisfaction through the human resource management function in the organisation. This is
providing the employees a sense of meaning and purpose about what they are doing.
Production: The production function in an organisation is the converting of inputs into the
outputs. The input may include natural resources, raw materials, human resources and the
capital of an organisation. In production all these inputs are converted into outputs that are
known as products or services (Pathiranage, 2019). The production function in an
organisation attempts to utilise the 6Ms which are men, machines, money, methods, materials
and market in order to produce the desired outcome.
The respective company premier in is mainly providing services to its consumers. As the
company is using human resources and the premises of organisation as the inputs to provide
the outputs known as the services of hospitality they are giving.
Marketing: Marketing is one of the most important functions in any business. Marketing is the
way to inform the consumers and give them a basic idea about what is the product or service
the company is giving all about. Marketing helps to boost the sales and create different
revenue options. It helps the business to set better goals and improve the decision making
(Lubis, 2020). Marketing helps the business to build reputation for the brand and this benefit
the company in order to establish themselves in the market.
The respective company premier in is providing online booking so that there would be no or
less efforts required by the consumers to come in book their desired option. The company is
Managing its website very precisely which is helping their customers to book the bookings in
the easiest way. Providing the consumers, the ease to get the products and services and
services is one of the easiest and most effective way of marketing.
Define organisational culture using well-reputed sources and explain
how positive culture impacts the success of the organisation.
Organisation culture is referred to the values Expectations and practices done in an organisation. As
the work place culture aligns with the employees working in an organisation, they are more likely to
feel the mode of comfort and supported which would lead the company to fulfil their organisational
objective. The main qualities of organisational culture are alignment, appreciation, trust, performance,
resilience and teamwork.
The company premier in is one of the leading Hotel chains in the hospitality industry is because of
their employees and workforce (Kim, 2018). What holding the employee’s loyalty is the work culture
in the respective company.
The company has excelled in recognition as none of the employee in the company feels
unrecognised.
The company enable employees’ voice. To run a company better the values and feedbacks of
the employees are important.
Also, the company focuses on learning and development which binds the employees to their
organisational culture.
Conclusion
The company premier in is Managing its human resources very well which is helping it to conquer the
hospitality industry in UK. The company is also taking care of the organisational culture which is
helping them to get the employees engage and perform well. The company is also performing the
functions very well like production and marketing which is helping them to create the brand value in
the market.
how positive culture impacts the success of the organisation.
Organisation culture is referred to the values Expectations and practices done in an organisation. As
the work place culture aligns with the employees working in an organisation, they are more likely to
feel the mode of comfort and supported which would lead the company to fulfil their organisational
objective. The main qualities of organisational culture are alignment, appreciation, trust, performance,
resilience and teamwork.
The company premier in is one of the leading Hotel chains in the hospitality industry is because of
their employees and workforce (Kim, 2018). What holding the employee’s loyalty is the work culture
in the respective company.
The company has excelled in recognition as none of the employee in the company feels
unrecognised.
The company enable employees’ voice. To run a company better the values and feedbacks of
the employees are important.
Also, the company focuses on learning and development which binds the employees to their
organisational culture.
Conclusion
The company premier in is Managing its human resources very well which is helping it to conquer the
hospitality industry in UK. The company is also taking care of the organisational culture which is
helping them to get the employees engage and perform well. The company is also performing the
functions very well like production and marketing which is helping them to create the brand value in
the market.
Refrences
(books and journals)
Darus, F and et.al., 2019. The path to sustainability: Understanding organisations’ environmental
initiatives and climate change in an emerging economy. European Journal of Management
and Business Economics.
Mikova, S., 2020. Forms Of Interaction Between Higher Education Institutions And Business
Organisations In The Field Of Logistics And Supply Chain Management. Economic Science,
education and the real economy: Development and interactions in the digital age, (1),
pp.532-545.
Stone, R.J., Cox, A. and Gavin, M., 2020. Human resource management. John Wiley & Sons.
Collins, C.J., 2021. Expanding the resource based view model of strategic human resource
management. The International Journal of Human Resource Management, 32(2), pp.331-
358.
Bratton, J., Gold, J., Bratton, A. and Steele, L., 2021. Human resource management. Bloomsbury
Publishing.
Lubis, F.R. and Hanum, F., 2020, December. Organizational culture. In 2nd Yogyakarta international
conference on educational management/administration and pedagogy (YICEMAP 2019).
Atlantis Press (pp. 88-91).
Kim, T. and Chang, J., 2018. Organizational culture and performance: a macro-level longitudinal
study. Leadership & Organization Development Journal.
Pathiranage, J., 2019. Organizational culture and business performance: an empirical
study. International Journal of Economics and Management, 24(2), pp.264-278.
(books and journals)
Darus, F and et.al., 2019. The path to sustainability: Understanding organisations’ environmental
initiatives and climate change in an emerging economy. European Journal of Management
and Business Economics.
Mikova, S., 2020. Forms Of Interaction Between Higher Education Institutions And Business
Organisations In The Field Of Logistics And Supply Chain Management. Economic Science,
education and the real economy: Development and interactions in the digital age, (1),
pp.532-545.
Stone, R.J., Cox, A. and Gavin, M., 2020. Human resource management. John Wiley & Sons.
Collins, C.J., 2021. Expanding the resource based view model of strategic human resource
management. The International Journal of Human Resource Management, 32(2), pp.331-
358.
Bratton, J., Gold, J., Bratton, A. and Steele, L., 2021. Human resource management. Bloomsbury
Publishing.
Lubis, F.R. and Hanum, F., 2020, December. Organizational culture. In 2nd Yogyakarta international
conference on educational management/administration and pedagogy (YICEMAP 2019).
Atlantis Press (pp. 88-91).
Kim, T. and Chang, J., 2018. Organizational culture and performance: a macro-level longitudinal
study. Leadership & Organization Development Journal.
Pathiranage, J., 2019. Organizational culture and business performance: an empirical
study. International Journal of Economics and Management, 24(2), pp.264-278.
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