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Types of Business Organizations and Macro Environmental Factors Affecting Business

   

Added on  2023-01-03

9 Pages2165 Words40 Views
Individual report
Case Study based

Table of Contents
Introduction......................................................................................................................................3
Different types of business organizations....................................................................................3
Macro environmental factors affecting business.........................................................................4
Economic factors.....................................................................................................................5
Demographic forces.................................................................................................................5
Natural and physical forces......................................................................................................5
Porter’s Five Forces Analysis......................................................................................................6
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

Introduction
The assignment has been done in the form of Individual Report on a Case Study: Little Dessert
Shop. The learning outcomes of this assignment are to acknowledge various forms of companies
and demonstrating knowings of links among company and the working surroundings. The Case
study has been done through answering the queries of Marry Jones in the form of questions.
Report ends with conclusions based on analyses and knowledge gained after answering the
questions and research.
Different types of business organizations
Every workplace should grasp several legal setups which categories the authorities and
shortcomings of members in the workplace, management and risking living being and financial
structure. The type of business figures out which personal expense form structure to record and
the organization's and proprietors lawful liabilities. Business association, an element designed for
bringing out organizational structure. These companies are interrelated on report of
administering legal contracts and trading rights, land ownership rights.
Types of business organizations
Sole Proprietorship
Looking upon some of the sole ventures as individual leading. The companies are claimed by
single being, usually a being who has daily obligation about keeping the organisation going .
Sole ownerships own all the resources of the commercial enterprise and the welfare produced by
it. In addition to this they evaluate total responsibility regarding any of his weaknesses and
shortcomings. As per the legal measures and authorities, overall the proprietor is responsible.
Partnerships
Under partnership, the least of two persons are required to share profit and loss regarding one
company. In such firms, the legal procedure does not consider the business and its proprietors.
The interested parties that is individuals prepare a contract and work according which consists of
how interests and profits would be divided. How disputes and arguments would be settled and
how coming compliance would be merged. In initial days only policies are made as to how

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