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Business and Business Environment (Assignment)
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Added on 2020-01-23
Business and Business Environment (Assignment)
Added on 2020-01-23
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Business and theBusiness Environment
Table of ContentsINTRODUCTION...........................................................................................................................3PART 1............................................................................................................................................4P1 Types and purpose of public, private and voluntary sectors..................................................4P2 Scope and size of different types of organisation..................................................................6P3 Relationship between organisational functions that are linked with organisation' structureand objective...............................................................................................................................7PART 2............................................................................................................................................9P4 Positive and negative impacts of macro environment on operations of business .................9P5 Internal and external analysis of Jaguar to identify strengths and weakness.......................11P6 Interrelation of strengths and weakness with external macro factors..................................12CONCLUSION..............................................................................................................................13REFERENCES .............................................................................................................................14
INTRODUCTIONBusiness which is also known as any company, enterprise or firm is called the entity ofthe organisation which is involved in providing services and goods to the customer or users.Business do not work in a vacuum but they work in a particular environment which is called thebusiness environment. Business environment can be defined as the combination of external andthe internal environment that affects the business (Bryman and Bell, 2015). Internal factors andthe external factors have influence on each other and they work together so as to affect theenvironment of the business. This report is based on the topic of business and the businessenvironment and it is based on the case of two companies that are Jaguar UK which is a profitgenerating company and Ronald Mcdonalds which is a non profit company. The aim of the studyis to analyse various types of organisation including their scope, size and will also help indetermining how they operate in the environment. Relationship of the organisation with differentstakeholders and the effect of external environment on the decision making of the business willalso be explored in this study. Positive and negative impact, strengths and the weakness of themacro factors on the business will be analysed in the report which will help business in a way orother. PART 1P1 Types and purpose of public, private and voluntary sectorsThere are different types of organisation that operates in a business environment. Thesetypes of organisations can be like public, private and voluntary sectors. Public sectororganisations are those which are run and owned by the government for the people. People areused to pay tax to the government and the money which is received is used to finance publicsector organisations (Casadesus-Masanell and Ricart, 2010). Ronald Mcdonalds is also a type ofpublic sector organisation as it is non profit organisation. Types of public sector :Departmental Organisation : It is the prominent form of public enterprise because it iseasy for the government to create such enterprise in the framework of the organisation forthe departments who are existing already and in such organisations initial stage ofdevelopment are small.
Public Corporation : It is the type of autonomous organisation with the power ofgovernment but it is but it is flexible and have initiative of private organisation. It isowned by the state. Government Company : It is the another form of public sector. It is the organisationwhich is registered under the Companies Act and in this government hold 51% equitycapital (Chavis, Klapper and Love, 2011).Joint Enterprise : Participation of the state in economic activity with the private sectorform such type of enterprise which is known as joint enterprise. Development Corporation : It can be defined as the autonomous agency in public area,which is there to promote economic activities instead of operating through subsidizingsystem.Purpose of public sector :The main aim of this sector is to provide necessary public services. To make appropriate use of the available resources for the benefit of the society.There is no motivation regarding profit in this sector, they aims to provide services.They aims to provide, produce and buy. Another type of sector is the private sector organisation, in this the business is run andowned by the private individuals. There are several types of private sector business that areoperating in the business environment (Chesbrough, 2010). Jaguar UK is the type of privatesector. Types of private sector :Sole Proprietor : This type of business is owned by a single person. There is only oneowner of the business, and he is the boss as well as worker. Partnership : It is the type of business which is operated by the two to twenty membersand registered under the partnership act 1890. The profit and the revenue from thebusiness is divided according the capital which is being invested by the partners. Companies : Company normally have 2 to 50 people and the and the share of thecompanies can only be sold to the limited number of people. Franchise : It is the type of business which already exist and has made its reputation.They use to sell their copyright to the interested public (Craig and Campbell, 2012).Purpose of private sector
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