Understanding Business Organizations: Types, Functions, Structure, and Culture

This essay discusses the different types of business organizations, their functions, structures, and cultures. It covers sole proprietorship, partnership, private and public enterprises, organizational functions, structures, and the impact of positive organizational culture.

Understanding business
organisation

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Business organizations are those organizations that has made business operations
conducted in relation to sales and profit generation. These organizations serve with their product
and services that makes business proceed in right direction making business performed. Business
organizations are based over nature of business and type of industry with which they are
operating. These organizations has wider scope which makes business growth possible with
success. Business organizations are of various types and has different structures making business
structure developed within an country. Also, business organizations operate with various
departments and they have different functions to perform. Organizational culture is another
important part of business environment that makes business conducted in effective manner. In
the essay business organizations and their types are explained with functions that is performed by
them. In the end organizational culture is told with its impact on organizations growth.
MAIN BODY
Types of business organization with its advantages and disadvantages:There are
numerous sorts of enterprise companies that is been used for acting enterprise sports which has
been mentioned. Sole proprietorship: These are taken into consideration as the ones enterprise
companies that are maximum usually structured or used with a view to installation enterprise
companies. In this unmarried proprietor exists which handles all element associated over
enterprise(Jaeger and Upadhyay, 2020). The proprietor of enterprise is called as sole proprietor.
Such enterprise entities are very smooth to be structured and makes enterprise installation
performed easily. The technique of registration handiest calls for INHRC variety that is to be
generated and call of such companies is not always compulsion handiest required for beginning
enterprise(Guerin, 2021). Managements of those companies is been treated with the aid of using
with the aid of using the proprietor handiest on this income and loss is been included. Funding of
those enterprise is been performed through own circle of relatives members, pals and relatives.
These enterprise has positive benefits and downsides which has been defined as. Advantages:
profit earned with the aid of using those enterprise is been saved with the aid of using the
proprietor himself that make income earned greater strong. In this formation technique may be
very smooth and takes much less time inside its formation. Disadvantage: Biggest downside is
that there is trouble in arranging budget which makes enterprise battle over its existence. Such
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companies faces heavy loss that makes enterprise to be crumble at times. Partnership
organization: In an partnership organization there are people that comes collectively over
making purpose to earn income and generate sales structure it. These companies makes risks,
costs, advantages and duty over walking enterprise to be diagnosed even as forming such
companies. In standard partnership legal responsibility is limitless while in constrained legal
responsibility companions as in line with there funding holds duty of enterprise. The registration
technique of partnership is primarily based totally upon producing INHRC variety and
partnership settlement is needed handiest for license purpose. Management and all duty of such
companies is been maintain with the aid of using the companions themselves. Funding is been
performed inside the enables of companions concerned inside such businesses. Certain benefits
and downsides has been defined as. Advantages: In this organization there's much less felony
responsibilities created. Burden may be very much less considering the fact that companions
proportion it with every other. Disadvantage:These enterprise does now no longer have any
felony fame which can also additionally bring about to dissolution of partnership. Conflict of
pursuits on this companions can be concerned into an combat that makes partnership come to an
stop immediately. Private enterprise: These companies have Private constrained ultimately of
its call(Lapiedra, 2021). Also stocks of those companies is not always been offered inside
public. The registration technique of such companies is been gathered with memorandum and
article of affiliation then its is been submitted to Companies House. All form of control sports is
treated with the aid of using administrators and control branch of an enterprise. Funding is been
organized through mortgage from financial institution with debentures. Advantages and
downsides of those enterprise is given as, Advantages: In this enterprise enjoys proper of
succession which makes it septate entity from its proprietors. Business privateness is one of the
benefits of personal constrained company. Disadvantage: formation technique is time eating and
cash contain is huge which makes it very complexed in nature(Kitada and Kokubu, 2022).
Divided ownership- one of the personal constrained company. Public enterprise: These are the
ones enterprise which makes use of Public Ltd on the stop of its call and on this stocks is been
offered to public. Its registration technique may be very complicated and consists of signature
and virtual signature of its proprietors. Management is performed with the aid of using
shareholders and proprietors of the enterprise. Funding is been performed with the assist of
presidency finance institution. Its benefits ans dangers defined as follows. Advantages, Public
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businesses can formulate and put into effect rules which sell public welfare. In a public
organisation red-tapism and bureaucratic delays are minimized to a super extent.
Disadvantage,It enjoys immunity from parliamentary inquiry into its every day functioning.
Public organisation incurs losses, the authorities offers subsidies to make properly the
loss(Nesterova, 2020). After discussing the records of the case state of affairs with distinct
companies it may be marked that partnership is the great structure of enterprise that is to be
structured with the aid of using Abdul and his pals Anna-Maria because it does now no longer
contain any complexed technique and excessive capital. Since those companies may be very
smooth to structure and does now no longer encompass any complicated technique inside it.
Such companies permits established order of recent enterprise with its enlargement in greater
powerful way. In those companies greater than individuals are concerned and additionally there
lack of presidency interference which leads over making such companies function in suitable
manner. Further, those companies has balance in terms of association of budget which makes
increase feasible with effectiveness.
Organizational functions: There are various kinds of functions which makes
organization like Premier Inn work effectively that are Human resource management that leads
towards selecting employees work within an organization like Premier Inn. Production and
manufacturing function which is important for Premier Inn in order to produce best services
creating customer satisfaction. Organizational Structure and its different types: An
organizational structure approach the machine that is primarily based totally over numerous
varieties of sports that has been taking vicinity with a purpose to make dreams and goals of
agency achieved. Under organizational structure sports like rules, position and obligations has
been covered(Shakeel and et. al., 2020). Also, it is used for figuring out of records waft inside
the agency from pinnacle to bottom. It lets in enterprise surroundings of an agency like Premier
Inn to paintings upon direction of success. Further, the technique leads toward improvement of
waft of labour inside the agency this is used for handling of venture inside the agency.
Horizontal structure: This structure is based over various levels that is set between
management and staff level employees. As per the structure business makes growth large enough
to build different departments making structure encourage supervision and involves employees
form all level. The advantages and disadvantages has been discussed as Advantages: In this
structure employees are given more responsibilities. This structure makes open for
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communication to employees. Disadvantages: Create confusion in view that personnel do now
no longer have a clean manager to file to produce personnel with extra generalized competencies
and knowledge. Functional structure: This structure is primarily based totally over function
inside which maximum stage of obligation this is divided as in step with the position assigned in
line with competencies and capabilities posses through personnel operating inside group
members. In this every branch is controlled separately. Advantages: In this higher
differentiation is furnished over authority and obligation. It leads closer to assigning of stories to
particular initiatives which makes paintings to be completed extra effectively(Turner, 2022).
Disadvantages: Can gradual down innovation or critical modifications because of multiplied
bureaucracy can motive personnel to behave in hobby of the branch in place of the corporation as
a whole. Organisational culture and impact of positive culture on an organization:
Organisational culture is an important aspect that deals with behavioural patterns posses by an
employees working within an organization. It tends to makes business environment effective
towards increasing productivity within employees. Organizational culture is divided into two
aspect that is positive and negative(Samson and Bhanugopan, 2022). Under positive impact
organization is able to progress with motive of over all growth. Since positive organisational
structure makes employees feel motivated and productive by enhancing their behaviour towards
working culture. Positive organisational culture develops diversity which makes work culture
more effective. Negative organizational culture makes task efficiency reduced within employees
that makes work capacity reduced. Thus it has been analysed that work culture should be positive
within an organization like Premier Inn.
CONCLUSION
From the above discussion it can be concluded that business organizations are those
aspects which is based over making products and services sales done in effective manner within
particular market. These organization are divided in various kinds which has been discussed
within essay. Further, the essay explains about business functions, structure and culture that is
important for making organization run effectively.
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REFERENCES
Books and Journals
Elizabeth, G.N., 2018. The role of the administration in team building and development of an
organisation. ACADEMICIA: An International Multidisciplinary Research
Journal, 8(7), pp.43-46.
Guerin, T., 2021. Who owns organisation risk?. Governance Directions, 73(9), pp.364-373.
Jaeger, B. and Upadhyay, A., 2020. Understanding barriers to circular economy: cases from the
manufacturing industry. Journal of Enterprise Information Management.
Kitada, H. and Kokubu, K., 2022. Marui Group: Creating an Organisation Through Voluntary
Participation. In Emergent Responsible Management (pp. 55-65). Springer, Singapore.
Lapiedra, R., 2021. New Technologies for a New Organisation. In Change and Development in
Organisations (pp. 68-76). Routledge.
Nesterova, I., 2020. Degrowth business framework: Implications for sustainable
development. Journal of Cleaner Production, 262, p.121382.
Samson, K. and Bhanugopan, R., 2022. Strategic human capital analytics and organisation
performance: The mediating effects of managerial decision-making. Journal of Business
Research, 144, pp.637-649.
Shakeel, J and et. al., 2020. Anatomy of sustainable business model innovation. Journal of
cleaner production, 261, p.121201.
Turner, P., 2022. Complementarity in Organisation. In Complementarity in Organizations (pp.
173-201). Palgrave Macmillan, Cham.
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