logo

Explain the Different Types, Size and Scope of Organisation

   

Added on  2020-10-23

15 Pages4248 Words397 Views
Business and the businessEnvironment

Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Explain various type and purposes of organisations.........................................................1P2 Scope and size of range of different types of organisation.............................................3LO 2.................................................................................................................................................5P3 The relationship between different organisational functions and link to organisationalobjectives and structure..........................................................................................................5LO 3.................................................................................................................................................7P4 PESTLE analysis of KFC .................................................................................................7LO 4.................................................................................................................................................9P5 SWOT analysis of KFC ....................................................................................................9P6 The strength and weaknesses interrelate with external macro factors............................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12

INTRODUCTIONBusiness environment includes internal and external factors that affects businessactivities. Some factors are uncontrollable like, political, economic, technological, social andlegal. Some elements are partly controllable such as supplier, employees and customers etc. butthey both affects all-over performance of the organisation. Present study is based on Kentucky fried chicken (KFC). It is American fast foodrestaurant chain. It deals in list of products but its main product is fried chicken. It is located inmore than 22,621 locations globally.Report will include different type and purpose of organisation. It will describe the scopeand size of different types of company. It also emphasizes on the SWOT analysis of the KFC.Furthermore, it will include the interrelation between strength and weakness with the externalfactors of the organisation.LO 1P1 Explain various type and purposes of organisationsPublic company: -It is a governed by government and provides services to general public. The companysells their securities to general public by initial public offer. The share of public company istraded in stock exchange. The subsidiary of public company is also called as public company.The public company are governed by some rules, laws and regulations and are bounded to followthem.The purpose of the public company is to offer high quality product and services togeneral public at affordable price and enhance their shareholder value by maximize profit. Theobjectives of public company are integrated with social and environment goals.TESCO is a public company. Its intent is to provide product and services in theinternational market. TESCO is expanded their market at global level by providing product atlow pricing to the people in the global market that support in progress of the company in globalmarket (Kolk, 2016).Private company: -Private company is governed by the individual or group of people. There is nointerference of the government in this organisation. There article of association is restricted tothe transfer of share in any other individual and general public. Its main objective is to earn1

profit. It is directly registered in companies act. It has separate legal entity. They also trade instock exchange but not by initial public offering.The purpose of private firm is to increase profit for owners and shareholder and expandtheir business operations at global level (Laudon and Traver 2016). The purpose of KFC is made the company the largest fast food operation in the worldwide and increased the quality of fast food and capture the whole fast food market (Bohari, Hin,and Fuad, 2017).Voluntary company: -It is an association where members are come together in an agreement voluntarily forreach a common goal. It does not have separate legal entity and cannot own property by theirown name. It includes trade unions, trade associations and professional associations etc. The purpose of voluntary organisation is to focus social impact not on profit. It alsoimproves well-being of people and offer them satisfactory health services.OXFAM is the charitable organisation that aim to reduce poverty from the country. Itfocuses on four main resources: economic justice, essential services, right in crisis and genderjustice (Hamilton and Webster, 2018).Legal structure of the organisationslegal structure of public company: -The activities of public company are run by its board of director on the behalf of itsshareholder. It sells its share to general public by stock exchange. The board of director andmanagement can leave and transfer their ownership and powers. It publishes its annual report sobanker and investor can identify the organisations positions.Legal structure of private company: - Private organisation has separate legal entity. All shareholders has limited liability for thedebts and profit of the company. It is run by its board of directors, shareholders and chairmanetc. the company must be formed the article of association and memorandum of association.Legal structure of voluntary company: -2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business Environment on Kentucky Fried Chicken
|17
|4099
|491

Types and Purposes of Firms: Private, Voluntary, and Public
|13
|3735
|60

Types of Company and their Size and Scope
|12
|3057
|26

Business and Business Environment Assignment - KFC
|14
|4160
|146

Business & Business Environment Assignment - KFC
|18
|5915
|121

Business Environment Assignment - Sample
|13
|3487
|134