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Business Report

   

Added on  2023-01-10

11 Pages3161 Words21 Views
Business Report

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Type, size and scope of organisation...........................................................................................1
Interrelationship of functions on organisational structure...........................................................2
Internal and external influencers on business operations............................................................4
The influence of globalisation on organisational strategy and decision making.........................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
An organization has four common elements that can significantly impact its business
operations. The elements can include chain of command, span of control, work specialization,
experience etc. Organization chosen for this report is Next plc, which is a British multinational
retailer of home, clothing, beauty and footwear products (Kimmel, Weygandt and Kieso, 2018).
The company is headquartered in Enderby, Leicestershire. It was founded by Joseph Hepworth
in the year 1864 and has nearly 700 stores in the United Kingdom. The report explains the type,
size and scope of the chosen organization along with a description of the interrelationship of
different functions within organizational structure. The report also explains the various internal
as well as external factors that can influence business operations of the organization with the
help of PESTEL and SWOT analysis. Lastly, influence of globalization on organizational
decision-making as well as strategy is also explained.
MAIN BODY
Type, size and scope of organisation.
Next Plc is a well established company which is offering its high quality products and
services to different market area all around the world. This organisation is dealing in retail sector
and providing high quality of fashionable products and services to customer in order to meet
with their needs and requirements. There are different types of organisation such as public sector,
private and voluntary sector. All of these sectors are performing business activities with different
motivate and goals (Bell, Bryman and Harley, 2018). These organisation are managed and
controlled differently in order to attain desired goals and objective. Scope and size of respective
company is mention below in detail.
Type – This can be describe as the kind of business which is providing its services and
products to customers. Next Plc is private type of organisation in which all activities and
task of business will be controlled and managed by owner of the company. This type of
business are majorly conducting business operations in order to increase sales of business
as well as earn more revenues or profits. Next Plc is private organisation and it owner is
responsible to taking important decision of organisations.
Scope – Scope of this business refer as the wide ranges in which respective company is
offering its products and services to customers. Scope of Next Plc company is very vast
1

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