Industry Analysis Factsheets: Business and Business Environment (Part 1)

This report covers different types and purposes of organizations in public, private and voluntary sectors and legal structures, size and scope of a range of different types of organizations. It also covers relationship between different organizational functions and how they link to organizational structures and objectives.

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Business and Business Environment (Part 1)
Private sector company- It basically refer to that type of company who operates their
departmental and service activities in private way. Admiral Sportswear is one of those
company who is mostly focused increasing their portfolio with help of using talented
employees within company.
Different types of legal structures in private sector firms are -
Sole trader – In this type of organization whole departmental and service activities are
controlled by individual as a company owner. This is a very effective and simple
structure for generating company's productivity easily. In this structure orders are directly
passed by owner to lower level workers accurately.
Partnership – It is an contract between one or more than one person for running any type
of business smoothly (Ionascu and Ionascu, 2018). In this structure roles and
responsibilities are distributed between all level of employees which is essential for
reducing the risk and also for increasing profit for long duration. In this way positive
mutual understanding are effectively developed between employee and employer for
running functions smoothly.
Companies – It is an small part of firm which is helpful for achieving achieving their
vision, mission and objectives in short duration. In this part different stakeholders are
involved for which includes suppliers, CEO, employees and others.
INTRODUCTION
Business environment means impact of those factors which pays the crucial role for
increasing the potentiality of organization. It also refers to culture of organization which is
developed by top level management for employees in workplace (Buckley and Casson,
2019). Factors includes industry trends, stakeholders, suppliers, competitors, government
activities and others. These elements are also helpful to built positive relationship with new
and existing clients for long time. The companies which is chosen for preparing the report
of business environment are UK Sports, Sobell Leisure and Admiral Sportswear. Admiral
sportswear is a multinational spots company and is headquartered in UK. All these
companies are highly popular for their wide range of sports products. This report will
covers different types and purposes of organizations in public, private and voluntary sectors
and legal structures, size and scope of a range of different types of organizations. It also
covers relationship between different organizational functions and how they link to
organizational structures and objectives.
Explain different types and purposes of organizations in public, private and voluntary
sectors and legal structures
Public sector organization- It refers to that type of organization which is mostly focusing
on facilitating good quality product and service to consumers (Hamilton and Davison,
2018). In context to UK Sports, management must mainly focus on kids and young age
generations for enhancing the popularity of sports between the people of UK and also in
other countries.
Different types of legal structures in public sector firms are -
Central – It refers to facilitating various services and goods to every consumers in
different locations according to supply and demand. This type of organization always run
their activities in legal manner and in this way risk in the business are effectively reduced
for long time. In aspect of central operational activities of this company are worked with
help of executives and different departments.
State – In this stage wide range of services and goods are supplied to consumers in
specified area and state. But in this strategy chances are easily increased for reducing the
portfolio of organization in comparison with other brands. Because when organization
focused only in particular area management are not able to understand the traditions and
cultures of people effectively.
Local – It basically refer to the small part of public sector and in this part interactions with
citizens and civil society in local manner (Herciu and Ogrean, 2018). In this structure
different types of structure organization hired various local agencies for maintaining proper
communication with customers in long term.

Voluntary sector company- In this structure group of people are involved for run their
organization without any type of support of private companies and government. Sobell
Leisure is one of those firm who mostly focusing on completing financial and social
requirement of those customers who belongs from middle lower and middle class family.
Different types of voluntary structures in private sector firms are -
Trust – This type of organisation are also worked under the category of voluntary sector.
In this structure management mostly focused on distributing financial benefits to society or
poor people at wide range.
Unincorporated association - In this structure many individuals are gathered in the form
of group for developing and running the new business successfully (Jakšić, Rakićević and
Jovanović, 2018). But the main focus of this type of group is to doing welfare functions for
society rather than enhancing portfolio in business.
Explain the size and scope of a range of different types of organization
1. Public organisation- UK Sports
 The firm was established in 1997 with help of using different types of funds which
was provided by the government.
 This company is providing the various services and products to sports players and
other customers with help of organizing sports league and programme at
international level.
 In aspect of size company made lot of investment in their various sports activities
such as Paralympic and Olympics. Then according to that company achieved more
than 130 medals in London.
 In scope management used biding strategy in their sport events for enhancing
support to sports person.
 The main vision of this company is to build good relationship with various
federations and bodies of sports at international level.
 Main mission of this firm is to expanding the popularity of their sport activities
such as Olympics and others in different nations.
2. Private organization- Admiral Sportswear
 It is an international UK based sports company which was established in 1914 by
Admiral (Schmidtova and Formanek, 2019). This company also deals some
specialized products which is based on cycling, cricket and athletics.
 The size of the employee in this organization is around 30,000 and due to this
strength of workers firm easily generate their revenue at maximum level in long
term.
 The scope of this firm is to facilitating best services and sports equipments to
players in every locations and in each round. But these type of quality products
are directly provided by NSB (national sports board).
 The vision of Admiral sportswear is to capture the market share globally at higher
rate in sports field and become the leading company.
 Mission of this firm is to facilitate effective service and reliable product to their
old and existing customers.
 The main objectives of the business is to increase the portfolio of the organization
and also spread the positive word of mouth from consumers in long run.
3. Voluntary organization- Sobell Leisure
 The company was established by Michael Sobell and it is the largest sports
company in United Kingdom (Standing and Mattsson, 2018). This organization is
comes under the category of voluntary sector.
 This company facilitating different type of services and products to consumers
such as trampoline park, swimming pool, indoor and outdoor pitches, gym and
other services and so on. Due to facilitating these type of services customers
easily attracted in large number.
 In aspect of size this firm has world wide presence along with their services and
goods. Due to this reason their services are delivered to customers in fast manner.
 Their vision is to build good experience of the customers regarding their product
because good experience is essential for enhancing the productivity of
organization effectively. For maintaining quality in their service it is necessary
for management that they always keep standard in their product in any situation.
 Their mission is to maintain the respect of their sports between public in different
nations for long time.

Explain the relationship between different organizational functions and how they link to
organizational objectives and structure
 Human resource – The main role of this department is to managing whole
employees and organizational activities effectively. The other important function
of this department is to hiring qualified and talented candidate for fulfilling the
vacant post. In context to Admiral Sportswear, HR management must facilitate
proper development and training to all categories of employees for doing their job
effectively.
 Marketing – The important role of this department is to promote their services
and products effectively which is essential for increasing the sale of their product
at maximum level (Tur-Porcar, Roig-Tierno and Llorca Mestre, 2018). In context
to Admiral Sportswear, management must use marketing strategies effectively for
maintaining their brand image in market for long time. It includes digital
marketing, advertising and personal selling.
 Finance – The main function of this department is to manage overall expenditure
of the firm in systematic way. In context to Admiral Sportswear, it is necessary for
management that they must prepare financial records in proper way. Because
effective financial management helps to deliver the wages to employees in time.
Relationship between finance and marketing -
Finance and Marketing department both are interconnected in the aspect of roles
and responsibilities for running the activities of firm smoothly. Because for using various
types of marketing strategies like digital marketing and advertising, finance department
facilitates funds to marketing department. Effective communication between financial and
marketing department helps to increase the popularity of their brand image effectively.
Relationship between human resource and finance -
Finance and human resource are also interconnected with each other in various
duties and responsibilities within organization. In the activities of human resource also
finance department has authority to decide that how much is required for hiring, training
and development process. Then according to that funds are released by finance department
for HR activities. The most essential function which was taken HR is training and
development and in this activity the roles and responsibilities are cleared by senior level
officer to lower level workers.
Advantages and disadvantages of interrelationships between organizational functions and
the impact that can have upon organizational structure
Advantages
When department are interlinked with each other then easy and difficult task are
completed in less time (Zin, and Ibrahim, 2020). Due to this positive impression are
created in minds of top level management regarding the work of categories of workers. It
also enhanced the good relation between employer and employee effectively.
When firm have good relationship between all levels of departments workload or stress
are effectively balanced between employees. Due to this productivity of workers
enhanced in effective way.
Disadvantages
The major problem in connection between various departments are increasing conflict
between all levels of employee's. Because due to interconnection the thinking of all
employees are not matched in effective manner.
The other biggest disadvantage is that decisions are slowly made by top level
management. Due to slow decision management lower level employees faced lots of
difficulties for completing the task in time.
REFERENCES
 Buckley, P. and Casson, M., 2019. Decision-making in international
business. Journal of International Business Studies, 50(8), pp.1424-1439.
 Hamilton, R.H. and Davison, H.K., 2018. The search for skills: Knowledge stars
and innovation in the hiring process. Business Horizons, 61(3), pp.409-419.
 Herciu, M. and Ogrean, C., 2018. Business Sustainable Competitiveness a
Synergistic, Long-Run Approach of a Company's Resources and Results. Studies
in Business and Economics, 13(3), pp.26-44.
 Ionascu, I. and Ionascu, M., 2018. Business models for circular economy and
sustainable development: The case of lease transactions. Amfiteatru
Economic, 20(48), pp.356-372.
 Jakšić, M.L., Rakićević, J. and Jovanović, M., 2018. Sustainable Technology and
Business Innovation Framework–A Comprehensive Approach. Amfiteatru
Economic, 20(48), pp.418-436.
 Schmidtova, J. and Formanek, I., 2019. Transformations in strategic business
planning in the context of sustainability and business goals
setting. Transformations in Business & Economics, 18(2), p.47.
 Standing, C. and Mattsson, J., 2018. “Fake it until you make it”: business model
conceptualization in digital entrepreneurship. Journal of Strategic
Marketing, 26(5), pp.385-399.
 Tur-Porcar, A., Roig-Tierno, N. and Llorca Mestre, A., 2018. Factors affecting
entrepreneurship and business sustainability. Sustainability, 10(2), p.452.