Different Types and Purpose of Organisation and Their Relationship with Business Environment
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This document discusses the different types of organisations, including public, private, and voluntary sectors, and their purpose in the business environment. It also explains the relationship between different organisational functions and how they link to organisational objectives and structure. The positive and negative impacts of the macro environment on business operations are identified with specific examples. A SWOT analysis of specific organisations is conducted to identify their strengths and weaknesses.
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Table of Contents
Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
P.1. Different types and purpose of organisation?......................................................................3
P.2 Size and scope of different types of organisation?...............................................................5
P.3 Relationship between different organisation functions and how they are connected to
organisation structure and objectives? .......................................................................................7
P.4. Identify the positive and negative impact the macro environment has upon business
operations by giving suitable example?......................................................................................8
P.5. SWOT analysis of different types of organisation...............................................................9
P.6 Explain how strength as well as weakness interrelate with external macro factor?...........10
CONCLUSION.........................................................................................................................11
REFERENCES 12
Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
P.1. Different types and purpose of organisation?......................................................................3
P.2 Size and scope of different types of organisation?...............................................................5
P.3 Relationship between different organisation functions and how they are connected to
organisation structure and objectives? .......................................................................................7
P.4. Identify the positive and negative impact the macro environment has upon business
operations by giving suitable example?......................................................................................8
P.5. SWOT analysis of different types of organisation...............................................................9
P.6 Explain how strength as well as weakness interrelate with external macro factor?...........10
CONCLUSION.........................................................................................................................11
REFERENCES 12
INTRODUCTION
A legal entity whose primary objective is to grow profitability and income is referred to
as a "business." And you're trying to figure out how the company's overall performance is
affected by the external environment. the corporation Dyson is a British company that was
created in 1991 and has its headquarters in the United Kingdom. The many types of
organisations, as well as their scope and history, will be discussed in this study. It will also
review the numerous external elements and examine the interrelationships between various
departments. To further understand the internal environment, a SWOT analysis will be
performed.
P1 Explain different types and purposes of organisations; public, private and voluntary sectors
and legal structures.
There are several types of organizations, each of which is described as follows:
Public organizations
These types of sector involves such form of organizations that are tends to be controlled and
financed by government on general public behalf. to earn profit is not their major goal. These are
incorporated for society and for social welfare of company. Respective organizations leads to
supply their services to the audience for upliftment of their standard and the different types of
public organizations are and listed below:
BBC is suitable example of public sector organisation whose main target is to broadcast the news
at global level..
Purpose – To give service to public by utilising resources at optimal level..
These organizations provide services to the general public for their benefit, and the various sorts
of public organizations are described below:
A legal entity whose primary objective is to grow profitability and income is referred to
as a "business." And you're trying to figure out how the company's overall performance is
affected by the external environment. the corporation Dyson is a British company that was
created in 1991 and has its headquarters in the United Kingdom. The many types of
organisations, as well as their scope and history, will be discussed in this study. It will also
review the numerous external elements and examine the interrelationships between various
departments. To further understand the internal environment, a SWOT analysis will be
performed.
P1 Explain different types and purposes of organisations; public, private and voluntary sectors
and legal structures.
There are several types of organizations, each of which is described as follows:
Public organizations
These types of sector involves such form of organizations that are tends to be controlled and
financed by government on general public behalf. to earn profit is not their major goal. These are
incorporated for society and for social welfare of company. Respective organizations leads to
supply their services to the audience for upliftment of their standard and the different types of
public organizations are and listed below:
BBC is suitable example of public sector organisation whose main target is to broadcast the news
at global level..
Purpose – To give service to public by utilising resources at optimal level..
These organizations provide services to the general public for their benefit, and the various sorts
of public organizations are described below:
Central government- such business entity are fully controlled by the government. These are
such type of organization in which around fifty one percent or more holding are in the hands of
Government. In the form of income tax they collect money from people.
State government- In these type of organizations management are done by state government.
They tends to have specific powers applicable on particular departments.
Local government: Such business entities controlled by local government. These organization
collect amount in the form of Community Charges called as Council Tax.
Example: British Broadcasting Corporation
Private business organization: This sector includes private-sector organisations founded and
controlled by private individuals. A single individual or a group of individuals might be the
owner of a private organisation. Tesco PLC, for example, is a public limited company that
operates in the retailing industry in nations such as the United Kingdom, the United States, and
others.
Purpose- The goal of private organisations is to make money while also providing
enough competition to public sector organisations, resulting in increased effectiveness as
well as efficiency.
The following are the various sorts of private enterprises.
Sole proprietorship- It is very popular business form because it involves low cost and
attract less formalities. A sole proprietor is a owner of business who tends to need only
register their name and leads to secure local licenses, and the sole proprietor is ready for
business. Because the sole proprietorship has no separate legal existence, the owner of a
sole proprietorship often signs contracts in his or her own name. Even if the firm has a
fictional name, the lone proprietor would usually have consumers make checks in his or
her name. The taxes of sole proprietorships is straightforward. A sole proprietorship's
income is the income earned by its owner. All debts owed by a sole proprietorship
business are directly responsible to the sole proprietor. The ease with which a single
proprietorship can be formed is one of its best advantages. There isn't much more to it
than buying and selling things or services. In truth, forming a sole proprietorship requires
such type of organization in which around fifty one percent or more holding are in the hands of
Government. In the form of income tax they collect money from people.
State government- In these type of organizations management are done by state government.
They tends to have specific powers applicable on particular departments.
Local government: Such business entities controlled by local government. These organization
collect amount in the form of Community Charges called as Council Tax.
Example: British Broadcasting Corporation
Private business organization: This sector includes private-sector organisations founded and
controlled by private individuals. A single individual or a group of individuals might be the
owner of a private organisation. Tesco PLC, for example, is a public limited company that
operates in the retailing industry in nations such as the United Kingdom, the United States, and
others.
Purpose- The goal of private organisations is to make money while also providing
enough competition to public sector organisations, resulting in increased effectiveness as
well as efficiency.
The following are the various sorts of private enterprises.
Sole proprietorship- It is very popular business form because it involves low cost and
attract less formalities. A sole proprietor is a owner of business who tends to need only
register their name and leads to secure local licenses, and the sole proprietor is ready for
business. Because the sole proprietorship has no separate legal existence, the owner of a
sole proprietorship often signs contracts in his or her own name. Even if the firm has a
fictional name, the lone proprietor would usually have consumers make checks in his or
her name. The taxes of sole proprietorships is straightforward. A sole proprietorship's
income is the income earned by its owner. All debts owed by a sole proprietorship
business are directly responsible to the sole proprietor. The ease with which a single
proprietorship can be formed is one of its best advantages. There isn't much more to it
than buying and selling things or services. In truth, forming a sole proprietorship requires
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no formal filing or event; it is a status that evolves naturally through one's company
activity.
Partnership- In this partner share their profit and liability as per theirs ratios that fixed in
deed. A partnership is a kind of business where a formal agreement between two or more
people is made who agree to be the co-owners, distribute responsibilities for running an
organization and share the income or losses that the business generates.
Companies- it is separate legal entity having perpetual succession. In this management is
done by directors. It has common seal, the liability of such companies are limited by
guarantee and limited by shares. All the acts and rules are followed as per companies act
under such companies. In this appropriate number of executive and non executive
directors are tends to be appointed, In this preparation of articles and memorandum of
association are necessary to prepare.
Example: Dyson Ltd.
Voluntary organization: The goal of such businesses is to earn money for the benefit of society.
Voluntary organisations are made up of a group of people who voluntarily agree to form an
organisation in order to achieve a goal. Oxfam is a multinational humanitarian organisation that
strives to alleviate poverty in the United Kingdom.
Purpose: The goal of a voluntary organisation is to seek to improve social welfare. Social
welfare encompasses not only individual growth but also the growth of society as a whole.
The goal of such businesses is to earn money for the benefit of society.
Trust- A trust is an arrangement in which person A transfers their ownership of (settles)
assets to person B, who manages them for the benefit of person C. Three parties are
involve in this such as settler, beneficiary, trustee. Trust are of two type one is to
incorporate for charitable purpose and another is for non charity purpose.
activity.
Partnership- In this partner share their profit and liability as per theirs ratios that fixed in
deed. A partnership is a kind of business where a formal agreement between two or more
people is made who agree to be the co-owners, distribute responsibilities for running an
organization and share the income or losses that the business generates.
Companies- it is separate legal entity having perpetual succession. In this management is
done by directors. It has common seal, the liability of such companies are limited by
guarantee and limited by shares. All the acts and rules are followed as per companies act
under such companies. In this appropriate number of executive and non executive
directors are tends to be appointed, In this preparation of articles and memorandum of
association are necessary to prepare.
Example: Dyson Ltd.
Voluntary organization: The goal of such businesses is to earn money for the benefit of society.
Voluntary organisations are made up of a group of people who voluntarily agree to form an
organisation in order to achieve a goal. Oxfam is a multinational humanitarian organisation that
strives to alleviate poverty in the United Kingdom.
Purpose: The goal of a voluntary organisation is to seek to improve social welfare. Social
welfare encompasses not only individual growth but also the growth of society as a whole.
The goal of such businesses is to earn money for the benefit of society.
Trust- A trust is an arrangement in which person A transfers their ownership of (settles)
assets to person B, who manages them for the benefit of person C. Three parties are
involve in this such as settler, beneficiary, trustee. Trust are of two type one is to
incorporate for charitable purpose and another is for non charity purpose.
Unincorporated association: An unincorporated association is a collection of persons who
come together for a shared goal with the intention of forming a legally binding
partnership. It is a group of two or more persons who come together for religious,
charitable, noncommercial ,social reasons.
Purpose- Regardless of whether or not a profit is made, the ultimate purpose of each firm is to
benefit society.
Example: Shelter
P2 Explain the size and scope of a range of different types of organizations.
.
Different type of organization on the basis of their size:
Various types of organizations based on their size:
Micro-enterprises : In this type of organisation total number of employees are not more than
nine . Also their turnover does not exceed to two million pounds annually..
Small- such companies engaged workforce between ten to fifty and it earn revenue generally
above ten million pounds.
Medium-sized businesses : The range of employees in such companies are from between fifty
to two hundred and fifty and these business entity earn around 50 million euros as revenues.
Large: These are big organisation as separate departments. Each unit is specialized in some
specific sector therefore there is need to hire more than 250 people as employees . The revenue
and turnover of these are equal to or more than two hundred and fifty million.
Dyson Ltd
Background: It is a multinational corporation that began operations in the United Kingdom in
1991 and specialises in home appliances.
Services/items offered: The company primarily manufactures and designs household devices
such as air purifiers, heaters, hair dryers, bladeless fans, and hand vacuum cleaners.
Vision: The company's vision statement is to provide high-quality products to their clients so that
they can stay in business.
Dyson's goal statement is to inspire the next generation of engineers by providing mentorship,
materials, and funding to help young people get their hands on problems so that they may solve
them appropriately.
come together for a shared goal with the intention of forming a legally binding
partnership. It is a group of two or more persons who come together for religious,
charitable, noncommercial ,social reasons.
Purpose- Regardless of whether or not a profit is made, the ultimate purpose of each firm is to
benefit society.
Example: Shelter
P2 Explain the size and scope of a range of different types of organizations.
.
Different type of organization on the basis of their size:
Various types of organizations based on their size:
Micro-enterprises : In this type of organisation total number of employees are not more than
nine . Also their turnover does not exceed to two million pounds annually..
Small- such companies engaged workforce between ten to fifty and it earn revenue generally
above ten million pounds.
Medium-sized businesses : The range of employees in such companies are from between fifty
to two hundred and fifty and these business entity earn around 50 million euros as revenues.
Large: These are big organisation as separate departments. Each unit is specialized in some
specific sector therefore there is need to hire more than 250 people as employees . The revenue
and turnover of these are equal to or more than two hundred and fifty million.
Dyson Ltd
Background: It is a multinational corporation that began operations in the United Kingdom in
1991 and specialises in home appliances.
Services/items offered: The company primarily manufactures and designs household devices
such as air purifiers, heaters, hair dryers, bladeless fans, and hand vacuum cleaners.
Vision: The company's vision statement is to provide high-quality products to their clients so that
they can stay in business.
Dyson's goal statement is to inspire the next generation of engineers by providing mentorship,
materials, and funding to help young people get their hands on problems so that they may solve
them appropriately.
British Broadcasting corporation
Background: It is the United Kingdom's national broadcaster, with headquarters in London's
Broadcasting House. HM Government established the firms in 1922.
Product/service offered: BBC is the world's oldest broadcaster at the national level, and it works
in the mass media business, providing people with the most up-to-date news. It has a web site
and broadcasting capabilities, as well as services on television, radio, and the internet.
Vision: The company's vision statement is to empower the nation with the ability to voice to
peace
Mission: The company's mission statement is to serve the audience by providing impartiality and
high-quality content in a timely manner.
Shelter
Background: The company's mission is to raise awareness and funds for bad houseman
homeless individuals in England and Scotland. It is a non-profit organisation created in 1966 by
Bruce Kendrick with the primary goal of serving the people.
Product/service offered: businesses that provide guidance and information to people who are
facing difficult times. They are managing for the people who do not have houses by working
with the government and local authorities to enhance the lives of those who are homeless.
Vision: a company's vision statement aimed at improving the lives of those who are homeless
and living in substandard housing in England.
Mission: the company's mission statement is to assist guests in order to contribute to and
improve the country's society.
P3 Explain the relationship between different organizational functions and how they link to
organizational objectives and structure.
In the organization Dyson , there are existence of different departments and how they interrelate
with each other is tends to be discussed as follows-
Human resource and marketing: The Human Resources department is responsible to
finding and hiring the best employees so that they may contribute to the company's
success by maximising their talents and abilities and generating superior results. The
Background: It is the United Kingdom's national broadcaster, with headquarters in London's
Broadcasting House. HM Government established the firms in 1922.
Product/service offered: BBC is the world's oldest broadcaster at the national level, and it works
in the mass media business, providing people with the most up-to-date news. It has a web site
and broadcasting capabilities, as well as services on television, radio, and the internet.
Vision: The company's vision statement is to empower the nation with the ability to voice to
peace
Mission: The company's mission statement is to serve the audience by providing impartiality and
high-quality content in a timely manner.
Shelter
Background: The company's mission is to raise awareness and funds for bad houseman
homeless individuals in England and Scotland. It is a non-profit organisation created in 1966 by
Bruce Kendrick with the primary goal of serving the people.
Product/service offered: businesses that provide guidance and information to people who are
facing difficult times. They are managing for the people who do not have houses by working
with the government and local authorities to enhance the lives of those who are homeless.
Vision: a company's vision statement aimed at improving the lives of those who are homeless
and living in substandard housing in England.
Mission: the company's mission statement is to assist guests in order to contribute to and
improve the country's society.
P3 Explain the relationship between different organizational functions and how they link to
organizational objectives and structure.
In the organization Dyson , there are existence of different departments and how they interrelate
with each other is tends to be discussed as follows-
Human resource and marketing: The Human Resources department is responsible to
finding and hiring the best employees so that they may contribute to the company's
success by maximising their talents and abilities and generating superior results. The
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marketing department is responsible for publicising the company's products and services
in order to draw in a large number of potential customers. Human resources has insured
and qualified candidates who can effectively promote their products and services, and
both departments are cooperating.
Finance and production-Finance is the unit in charge of gathering & allocating funds to
ensure that the company's operations run smoothly. The Dyson production department is
in charge of developing high-priced breakthrough household appliances. They're both
collaborating to ensure that high-quality products are created and that effective
departmental coordination is maintained so that the manufacturing unit has enough funds
to cut expenses and manufacture better items in order to meet the wants and demands of
their potential customers.
Organizational structure
Different type of organization structure is explained as follows:
Hierarchical structure- it is a hierarchical organisational system in which the employer and
employee have one-way communication and the employee has no rights to make vital
input on proposals since the autocratic leader has built a hierarchical structure in their
firm.
Flat structure- It is the organizational framework that connects the employee and the
employer, with top-level management wielding complete decision-making authority.
Dyson is following the organizational structure since they have less middle management
to successfully run their company.
P4 Identify the positive and negative impacts the macro environment has upon business
operations, supported by specific examples.
Pestle Analysis of Dyson
in order to draw in a large number of potential customers. Human resources has insured
and qualified candidates who can effectively promote their products and services, and
both departments are cooperating.
Finance and production-Finance is the unit in charge of gathering & allocating funds to
ensure that the company's operations run smoothly. The Dyson production department is
in charge of developing high-priced breakthrough household appliances. They're both
collaborating to ensure that high-quality products are created and that effective
departmental coordination is maintained so that the manufacturing unit has enough funds
to cut expenses and manufacture better items in order to meet the wants and demands of
their potential customers.
Organizational structure
Different type of organization structure is explained as follows:
Hierarchical structure- it is a hierarchical organisational system in which the employer and
employee have one-way communication and the employee has no rights to make vital
input on proposals since the autocratic leader has built a hierarchical structure in their
firm.
Flat structure- It is the organizational framework that connects the employee and the
employer, with top-level management wielding complete decision-making authority.
Dyson is following the organizational structure since they have less middle management
to successfully run their company.
P4 Identify the positive and negative impacts the macro environment has upon business
operations, supported by specific examples.
Pestle Analysis of Dyson
Political factor: Dyson has a positive impact on this factor since the political law
influencing all local market segments has a big impact. In a negative light, the
government used to establish a stable environment for business, which has an impact on
overall sales and revenue, as well as supply chain management inside an organization's
ongoing production.
Economic factors: It can make positive affect on company such as changing exchange
rates with growth & interest area in the working and the impact of economic factors there
are various countries and business growth rate is tends to be so high and this used to fact
the business with the inflation rate and changing economy that make impact on buying
behavior of consumer and also it tends to affect prices which affects whole performance
of business.
Socio cultural factors- Changing demographics have a negative influence on businesses,
resulting in a shift in demand for high-quality goods and services. on Dyson the positive
aspect is that they are frequently developing innovative ideas of technology in context to
end-users in terms for market expansion at a global level as well as using the strategy of
lowering prices through increasing the level of production and also tends to be
concentrate to premium quality item that can match behaviors and lifestyle of people and
also leads to offer high efficient value.
Technological factor: cost cutting-edge technology is used by organization Dyson for the
purpose to assist in fulfilling the changing wants of their potential customers, which puts
good affect to company. For this deep research and development projects is tends to be
done in terms to maintain such type of digital marketing strategy which is strong .
Advanced technology has cost the corporation a lot of money, which has a detrimental
influence on the company.
influencing all local market segments has a big impact. In a negative light, the
government used to establish a stable environment for business, which has an impact on
overall sales and revenue, as well as supply chain management inside an organization's
ongoing production.
Economic factors: It can make positive affect on company such as changing exchange
rates with growth & interest area in the working and the impact of economic factors there
are various countries and business growth rate is tends to be so high and this used to fact
the business with the inflation rate and changing economy that make impact on buying
behavior of consumer and also it tends to affect prices which affects whole performance
of business.
Socio cultural factors- Changing demographics have a negative influence on businesses,
resulting in a shift in demand for high-quality goods and services. on Dyson the positive
aspect is that they are frequently developing innovative ideas of technology in context to
end-users in terms for market expansion at a global level as well as using the strategy of
lowering prices through increasing the level of production and also tends to be
concentrate to premium quality item that can match behaviors and lifestyle of people and
also leads to offer high efficient value.
Technological factor: cost cutting-edge technology is used by organization Dyson for the
purpose to assist in fulfilling the changing wants of their potential customers, which puts
good affect to company. For this deep research and development projects is tends to be
done in terms to maintain such type of digital marketing strategy which is strong .
Advanced technology has cost the corporation a lot of money, which has a detrimental
influence on the company.
TASK 4
P5 Conduct internal and external analysis of specific organisations in order to identify
strengths and weaknesses.
. The following is a description of a SWOT analysis:
SWOT Analysis Dyson
Strengths Weakness
Dyson electronic devices have a great
brand image and deliver excellent
service to their clients all over the
world.
Dyson uses cutting-edge technology
and is innovative, which is a plus for
the company.
Lots of Competition in technological
industry also affects their performance
at the whole marketplace.
Failed operation of washing machine is
also considered as the massive
weakness of the Dyson.
Opportunities Threats
In order to obtain a competitive
advantage, the corporation must target
local markets both within and outside
of the country.
Regulate their commercial operations
is also the greatest way for the
organization to gain a stronger
international presence.
In this modern era, people's primary
concern is technology; yet, the high
level of rivalry in this field, as well as
their competitors' regular updating of
technologies, poses a threat to the
company.
Market volatility, as well as the prospect
of a pandemic and Brexit, are all major
concerns
P5 Conduct internal and external analysis of specific organisations in order to identify
strengths and weaknesses.
. The following is a description of a SWOT analysis:
SWOT Analysis Dyson
Strengths Weakness
Dyson electronic devices have a great
brand image and deliver excellent
service to their clients all over the
world.
Dyson uses cutting-edge technology
and is innovative, which is a plus for
the company.
Lots of Competition in technological
industry also affects their performance
at the whole marketplace.
Failed operation of washing machine is
also considered as the massive
weakness of the Dyson.
Opportunities Threats
In order to obtain a competitive
advantage, the corporation must target
local markets both within and outside
of the country.
Regulate their commercial operations
is also the greatest way for the
organization to gain a stronger
international presence.
In this modern era, people's primary
concern is technology; yet, the high
level of rivalry in this field, as well as
their competitors' regular updating of
technologies, poses a threat to the
company.
Market volatility, as well as the prospect
of a pandemic and Brexit, are all major
concerns
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P6 Explain how strengths and weaknesses interrelate with external macro factors.
The following table shows the correlation between the company's strengths and weaknesses and
its external micro factors:
Political Factors -Dyson analyses political factors so that the corporation may
successfully interrelate the strengths and limitations of this macro environmental
aspect.
Strengths Weakness
Company properly follows all the lawful
activities and procedures in a systematic
manner can helpful to boost the performance
level of the company.
Constant modification in the laws and political
procedures as per the changing scenario of the
country can be a weak point of the Dyson.
Economic Factors - Economic growth is a major problem for large corporations, and
Dyson is a worldwide corporation that frequently has an impact on macro issues,
including their strengths and weaknesses.
Strengths Weakness
Dyson primarily employs a competitive pricing
approach, which allows them to get additional
competitive advantages and increase their
overall market position.
Market fluctuations are the biggest issue that
Dyson faces, and they can have a negative
impact on dealings with foreign countries,
resulting in the company gaining less foreign
money. Brexit uncertainty also impacted the
company's marketing, resulting in a
detrimental impact on the economy.
The following table shows the correlation between the company's strengths and weaknesses and
its external micro factors:
Political Factors -Dyson analyses political factors so that the corporation may
successfully interrelate the strengths and limitations of this macro environmental
aspect.
Strengths Weakness
Company properly follows all the lawful
activities and procedures in a systematic
manner can helpful to boost the performance
level of the company.
Constant modification in the laws and political
procedures as per the changing scenario of the
country can be a weak point of the Dyson.
Economic Factors - Economic growth is a major problem for large corporations, and
Dyson is a worldwide corporation that frequently has an impact on macro issues,
including their strengths and weaknesses.
Strengths Weakness
Dyson primarily employs a competitive pricing
approach, which allows them to get additional
competitive advantages and increase their
overall market position.
Market fluctuations are the biggest issue that
Dyson faces, and they can have a negative
impact on dealings with foreign countries,
resulting in the company gaining less foreign
money. Brexit uncertainty also impacted the
company's marketing, resulting in a
detrimental impact on the economy.
Social Factors - This component is primarily focused with the needs of clients, which the
company effectively identifies so that Dyson can meet all of their needs.
Strengths Weakness
Company is more concerned about their
Research and Development Department so that
make easy to determine the current
requirement of their potential customers which
can help full to do some modifications and add
some specific features on their products.
More competition in technological industry is
also contained as the big weakness for the
company which make their performance week.
.
Technological Factors - The Dyson takes advanced technologies and a few
technological changes into account. The following are some specific strengths and
weaknesses associated with this factor:
Strengths Weakness
The primary strength in context of this element
is that the company conducts strategic hiring
and appoints high potential and skilled
employees that can help full to make designer
and unique products to attract customers and
also deliver good value of their product.
Dyson's highly creative product comes at a
higher price, which has an impact on their
marketing.
Legal Factors -Dyson contains everything legal, legislative, acts, and policies, but it also
has certain negative consequences if they are not followed properly. In the context of this
component, some strengths and shortcomings are as follows:
Strengths Weakness
The company is concerned with legal Frequent changes in legal policies and lawsuits
company effectively identifies so that Dyson can meet all of their needs.
Strengths Weakness
Company is more concerned about their
Research and Development Department so that
make easy to determine the current
requirement of their potential customers which
can help full to do some modifications and add
some specific features on their products.
More competition in technological industry is
also contained as the big weakness for the
company which make their performance week.
.
Technological Factors - The Dyson takes advanced technologies and a few
technological changes into account. The following are some specific strengths and
weaknesses associated with this factor:
Strengths Weakness
The primary strength in context of this element
is that the company conducts strategic hiring
and appoints high potential and skilled
employees that can help full to make designer
and unique products to attract customers and
also deliver good value of their product.
Dyson's highly creative product comes at a
higher price, which has an impact on their
marketing.
Legal Factors -Dyson contains everything legal, legislative, acts, and policies, but it also
has certain negative consequences if they are not followed properly. In the context of this
component, some strengths and shortcomings are as follows:
Strengths Weakness
The company is concerned with legal Frequent changes in legal policies and lawsuits
procedures as well as specific changes to legal
legislation that can assist other countries' legal
structures in conducting marketing effectively.
might have a negative impact on their
commercial operations in and other nations,
which can be a significant problem for them.
Environmental Factors - This is considered as the most influential factor of the macro
environment that mainly engaged with the strength and weaknesses of the Dyson.
Strengths Weakness
Dyson's primary focus is on environmental
activities, as well as green marketing, in order
to effectively preserve the company's
environmental sustainability rate, which is also
considered a strength in this regard.
Changes in technology and a high level of
networking connectivity can have an impact on
the environment.
CONCLUSION
The business environment, according to this study, encompasses a multitude of factors
that influence a company's overall performance and productivity. In order to properly maintain
their activities in the context of the internal and external environment, businesses must pay more
attention to their everyday operations, organizational structure, and legal framework. The
mission, vision, company objectives, scale, and other elements of several types of enterprises,
including public, private, and nonprofit, are examined in this study. The impact of the macro
environment on the company's business goals and decision-making was assessed using the
PESTLE methodology in this study. With the help of SWOT analysis, the company may
effectively examine its current market position, which is critical for making informed judgments
about acquiring new growth opportunities. The achievement of long-term goals is aided by
appropriate collaboration amongst all corporate units. External variables had both a good and
negative impact on the organization's performance. Tesco PLC has a hierarchical organizational
structure that enables smooth operations and allows the company to get a larger share of market.
legislation that can assist other countries' legal
structures in conducting marketing effectively.
might have a negative impact on their
commercial operations in and other nations,
which can be a significant problem for them.
Environmental Factors - This is considered as the most influential factor of the macro
environment that mainly engaged with the strength and weaknesses of the Dyson.
Strengths Weakness
Dyson's primary focus is on environmental
activities, as well as green marketing, in order
to effectively preserve the company's
environmental sustainability rate, which is also
considered a strength in this regard.
Changes in technology and a high level of
networking connectivity can have an impact on
the environment.
CONCLUSION
The business environment, according to this study, encompasses a multitude of factors
that influence a company's overall performance and productivity. In order to properly maintain
their activities in the context of the internal and external environment, businesses must pay more
attention to their everyday operations, organizational structure, and legal framework. The
mission, vision, company objectives, scale, and other elements of several types of enterprises,
including public, private, and nonprofit, are examined in this study. The impact of the macro
environment on the company's business goals and decision-making was assessed using the
PESTLE methodology in this study. With the help of SWOT analysis, the company may
effectively examine its current market position, which is critical for making informed judgments
about acquiring new growth opportunities. The achievement of long-term goals is aided by
appropriate collaboration amongst all corporate units. External variables had both a good and
negative impact on the organization's performance. Tesco PLC has a hierarchical organizational
structure that enables smooth operations and allows the company to get a larger share of market.
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REFERENCES
Books and journal
Borenstein, L., 2021. It's Personal: The Business Case for Caring. GIL Press.
Coen, D., Katsaitis, A. and Vannoni, M., 2021. Business lobbying in the European Union.
Oxford University Press.
Czinkota, M., Khan, Z. and Knight, G., 2021. International business and the migrant-owned
enterprise. Journal of Business Research, 122, pp.657-669.
Daft, R.L., 2021. Management. Cengage Learning.
Doan, M.C. and Kosaka, M., 2021. Agricultural business innovation with new ICT: Case studies
of Fujitsu, spread and MimosaTEK. In Business innovation with new ICT in the Asia-
Pacific: Case studies (pp. 177-208). Springer, Singapore.
Hameed, W.U., Nisar, Q.A. and Wu, H.C., 2021. Relationships between external knowledge,
internal innovation, firms’ open innovation performance, service innovation and
business performance in the Pakistani hotel industry. International Journal of
Hospitality Management, 92, p.102745.
Kasim, E., Stöhr, J. and Herzig, C., 2021. Promoting sustainable palm oil in supply chain
strategy: a food business case study. Qualitative Research in Organizations and
Management: An International Journal.
Lartey, E.K. and Nigatu, G., 2021. Remittances and manufacturing sector growth in sub-Saharan
Africa. International Economic Journal, pp.1-19.
McAdam, M., Miller, K. and McAdam, R., 2021. A micro level investigation of stakeholder
motives on university technology transfer business models. Studies in Higher
Education, pp.1-14.
Rao, S., 2021. International business environment. Himalaya Publishing House.
Books and journal
Borenstein, L., 2021. It's Personal: The Business Case for Caring. GIL Press.
Coen, D., Katsaitis, A. and Vannoni, M., 2021. Business lobbying in the European Union.
Oxford University Press.
Czinkota, M., Khan, Z. and Knight, G., 2021. International business and the migrant-owned
enterprise. Journal of Business Research, 122, pp.657-669.
Daft, R.L., 2021. Management. Cengage Learning.
Doan, M.C. and Kosaka, M., 2021. Agricultural business innovation with new ICT: Case studies
of Fujitsu, spread and MimosaTEK. In Business innovation with new ICT in the Asia-
Pacific: Case studies (pp. 177-208). Springer, Singapore.
Hameed, W.U., Nisar, Q.A. and Wu, H.C., 2021. Relationships between external knowledge,
internal innovation, firms’ open innovation performance, service innovation and
business performance in the Pakistani hotel industry. International Journal of
Hospitality Management, 92, p.102745.
Kasim, E., Stöhr, J. and Herzig, C., 2021. Promoting sustainable palm oil in supply chain
strategy: a food business case study. Qualitative Research in Organizations and
Management: An International Journal.
Lartey, E.K. and Nigatu, G., 2021. Remittances and manufacturing sector growth in sub-Saharan
Africa. International Economic Journal, pp.1-19.
McAdam, M., Miller, K. and McAdam, R., 2021. A micro level investigation of stakeholder
motives on university technology transfer business models. Studies in Higher
Education, pp.1-14.
Rao, S., 2021. International business environment. Himalaya Publishing House.
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