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Introduction to Business Environment- Doc

   

Added on  2020-12-29

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INTRODUCTION TOBUSINESSENVIRONMENT

Table of ContentsTASK1 ..........................................................................................................................................3A. Different type, size and scope of organisations .....................................................................3B. Stakeholder mapping..............................................................................................................4C. Impact of macro and macro environment on Sainsbury's operations. ..................................7CONCLUSION .............................................................................................................................11REFERENCES..............................................................................................................................12

INTRODUCTIONBusiness environment is an composition of both extrinsic and intrinsic elements that existin the business world. The environment includes factors such as competitors, employees andshareholders etc. All of these factors tend to influence the overall business environment. Thebusiness environment analysis helps an organisation in identification of market opportunities,helps in future planning, assist in tapping on useful resources that can foster growth and profit ofthe business. Business enterprises undertaken under the report are public, private and voluntarysector firms. which is situated in UK and is private enterprise that deals in the retail market. Thereport will highlight size and scope of the business. Along with analysing micro and macrofactors that can impact the business (Calabrese, 2018).TASK1 A. Different type, size and scope of organisationsPUBLIC ORGANISATION The public sector business comprise of those that are being controlled and operated bythe government authority of the country. These comprises of companies that tends to provideservice to the citizens. They tends to obtain funds from different source such as fees, taxation andfinancial transfer that is being done by other level of government organisations. For exampleNational Health services which is an public health care system that focusses on providingservices such as emergency treatment and treatment of infectious diseases that are free foreveryone even for the visitors (Deasy, and et. al., 2016). Purposes of public organisations. Generating employment : The main motive of the public organisation is to provideemployment opportunities to the individuals in the economy. By providing employmentopportunities they will be able to contribute in eradicating poverty and will also help inreducing the rate of unemployment.Providing equal treatment to all : The business focusses on uplifting the status of everyone in the economy by providing equal treatment to all the people in the country byproviding free treatment to every one it will improve the health condition of the state.

PRIVATE ORGANISATIONThese are the business firms that concerned with partnership, person or corporation thatdo not hold status of corporate body. These enterprise are being run by private individuals orgroup of individuals that focusses on earning profits. They tend to raise fund through loans,saving or borrowing etc. For example sainsbury's is a private organisation that is situated in UKand it deals in retail industry (Eling and Schaper, 2017).Purpose of private organisationProfit maximisation : Every private organisation tends to work towards achievinghigher level of profits as it was there main motive for which the business was formed.Desired outcome :the private business organisation operated in the market in order toachieve the desired level of result that can be achieved by satisfying customers byorganisations offerings. Voluntary organisationIt is organisation under which individual tends to come together in order to achieve socialwelfare by different activities. These organisation tends to provide selfless community servicewhich is on voluntary and non profit basis. For instance the cancer research is a voluntaryorganisation that is situated in UK in the year 2002 that focusses on providing services to peoplewith their cancer research and also provide health policies. Their motive is to reduce the numberof death that occur because of cancer.Purpose of voluntary organisationsThey focus on strengthening the community sector in the country while building bridgeswith the other sectors. In order to influence both local as well as national policies.They also support and encourage local voluntary action of the residents that are workingthrough partnership with other support groups and businesses such as public and privatebusinesses (Epifanova and et. al., 2015). B. Stakeholder mappingA stakeholder is anybody or a group that have interest in the or they have the power toinfluence the on business performance or decision. As they also tends to get effected by businessdecision. There are different types of stakeholders that exist in the sainsbury's business model

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