Business & the Business Environment

BUSINESS & THE
BUSINESS ENVIRONMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
LO1..................................................................................................................................................3
Explanation of different types of organizations and their purposes and legal structures............3
Scope and Size of various types of organizations........................................................................5
LO2..................................................................................................................................................6
Relationship between various organizational functions and they are interlinked with the
organizational structure and objectives........................................................................................6
LO3..................................................................................................................................................7
Negative and positive impact of macro environment on the business operations.......................7
LO4..................................................................................................................................................9
SWOT Analysis of Arcadia Group plc........................................................................................9
Weaknesses and Strengths are interrelate with external macro factors.....................................10
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Business environment refer as external and internal factors that influence the functions of
the company including customers, employees, management and regulations of the business
(Krajnakova, Navickas and Kontautiene, 2018). This is the forces and factors that affect the
organization ability. The study is based on Arcadia Group Ltd. It is retail industry and mainly
deals in clothing, shoes and accessories. The report will explain various types of organization
and their purposes. It will explain the scope and size of various types of organizations.
Furthermore, the study will define the relationship between various organizational functions and
will define how they are interrelated with the organizational structure and objectives. Moreover,
the report will determined negative and positive impact of macro environment factors on the
operations of the business. It will apply SWOT analysis for identifying the weaknesses and
strengths of the company. Lastly, it will explain how weaknesses and strengths are interlinked
with macro factors.
LO1
Explanation of different types of organizations and their purposes and legal structures.
Private organization - Arcadia Group Ltd
Arcadia Group Ltd is British retailing company. It is founded in the year 1903. The key
people of the company are Ian Grabiner, Philip Green and Paul Budge. The company deals in the
products such as shoes, clothing and accessories. The headquarters of the firm are situated in
London in UK.
Purpose -The purpose of Arcadia Group is to deliver and create fashion that is loved by their
customers through fashion online experiences, great stores and for the brilliant people as they
love what the company serves. They want to make better things for their people, customers and
partners (Vasilev, Bakhvalov and Kazakov, 2017). Thus, by this the company is able to attain
higher profitability.
Legal Structure - Arcadia Group has legal team that provides legal advices in broad spectrum to
all their brands and service departments. Their work includes negotiating commercial contracts

for providing best advice on the business projects, corporate governance and litigation. They
provide legal compliance and protect the business. They also look after intellectual property.
They do audit and helps from preventing the fraud and loss in the business.
Public organization - British Broadcasting Corporation (BBC)
BBC is public service broadcaster. It serves mass media industry. It was founded on 18
October in the year 1922. BBC founder is HM government John Reith who was a first director
general. The headquarters of the corporation is situated in Broadcasting House, London in
United Kingdom. The corporation telecast their news on television, radio and through online
channels.
Purpose - The BBC purpose is to serve the audience through provision of high quality,
distinctive and impartial services that entertain, educate and inform the public. There purpose is
to provide factual programming, current affairs and high quality news for engaging the audience
with the current events (Komljenovic, Loiselle and Kumral, 2017).
Legal Structure - BBC is regulating by the Ofcom. It helps in issuing the operational framework
and also sets licensing which contains the regulatory requirement which should be met by the
corporation. There legal structure consists of Executive board, Governor, Journalism and
Commercial board. BBC executive board has nine directors who have to report to Director
General.
Voluntary organization - British Red Cross Society
British Red Cross is the body of impartial and neutral humanitarian network who served
worldwide. It is founded on 1870. The society is incorporated by Royal Charter. The chief
Executive of British Red Cross Society is Mike Adamson.
Purpose - British Red Cross purpose is to mobilize the humanity power through which
communities and individuals can be prepare to recover and deal from the crisis. They also
support the victims of modern slavery.