Relationship between Organizational Functions and Objectives

Business and Business
Environment

Table of Contents
INTRODUCTION ..........................................................................................................................4
Task 1 ..............................................................................................................................................4
P1 Explain different types and purpose of organizations;public, private and voluntary sectors
and legal structures. ....................................................................................................................4
P2 Explain the size and scope of a range of different types of organization. ...........................6
Task 2 .............................................................................................................................................8
P3 Explain the relationship between different organizational functions and how they link to
organizational objectives and structure. .....................................................................................8
Task 3...............................................................................................................................................9
P4 Identify the positive and negative impacts the macro environment has upon business
operations, supported by specific examples................................................................................9
Task 4.............................................................................................................................................12
P5 Conduct internal and external analysis of specific organisation order to identify strengths
and weaknesses.........................................................................................................................12
P6 Explain how strengths and weaknesses interrelate with external macro factors................13
CONCLUSION..............................................................................................................................15
REFERENCES .............................................................................................................................16

INTRODUCTION
Business Environment includes aggregate total of all individuals, organizations and other
factors which may or may not under control of the company but can give impact on company
performance, development, profit. Few factors such as governmental, financial, technological
and cultural factors which work as outside factors but consider as an part of environment.
Business environment is a dynamic environment which work on both factors internal and
external. Different types of organizations like public, private and voluntary are work directly and
indirectly of these factors. Internal and external factors includes employees, customers and their
needs , demand and supply of the products, clients, partners, governments all comes under
internal and external factors of the company and these factors give impact on company functions
directly and indirectly both. The organization chosen for this report is Tesco company. Tesco is a
UK based retailer company. This report deal with purpose, scope, size and legal structure of the
company and also understand the strength and weakness through SWOT analysis and also do
PESTLE analysis and understand the positive and negative factors of the company.
PART 1
Explain different types and purpose of organizations;public, private and voluntary sectors and
legal structures.
Organization consider as a collection of individuals and resources that engaged in
pursuing organizational objectives and goals. Organization distribute work among employees
and assign tasks to them which helps to accomplish the common aim and purpose of the
company. Different types of organizations are discuss below-
Public Sector organization- It is also known as public traded company and public held
company or public corporation. Public company shares openly and freely traded on a stock
market.
Example - BBC ( British Broadcasting Corporation).
Purpose- The main purpose of BBC is to provide quality news related business, political,
educational and entertainment with the help of television , radio and other broadcast channels to
the public. It also serve all the audience through provision of impartial, high-quality and
classified output services. The organisation have a view of innovation in the technology and
getting more audience (Beaton, MacIndoe and Wang, 2020).

Legal Structure- The legal structure of public company work in three level. Which are
discuss below -
Centralised Government System:
Private Sector Organization-
Private companies comes under those companies where government not involve. Private
company play a prominent role in country economy and run by individuals and partnership to
earn profit (Golensky, and Hager, 2020).
Example - Tesco PLC.
Purpose- The main purpose of Tesco is to earn lifelong honesty and loyalty to provide
good quality products and services in groceries, clothing and household sectors.
Legal Structure- it is also known as business ownership structure. Legal structure affect
company financial system, tax and national insurance and how company raise funds for the
business. Organization consider some legal structures which are given below-
 Sole Proprietorship- The other name of sole proprietorship is sole trader or
proprietorship. It is an unincorporated business only with one owner who is responsible
to pay income tax on the profit of the business.
 Partnership- Partnership is consider legal structure of business which operate between
two or more individuals in context of share and profit management.
 Limited Company – A company is a corporate legal entity which formed by the groups
of individuals to work together to accomplish common goal and objective (Khan, and
Siddiqui, 2020).
 Public Limited Company: This is the organisation which have limited liabilities and of
that company have to work within the certain or fixed liabilities and predetermined profit
sharing ratio.
Voluntary Sector Organization- Voluntary organization is different from the public and
private organization. It is a non profit organization which also known as civil society
organization or third sector organization. The main aim of this organization is provide services
with any profit. This organization is not profit oriented the main concern of this organization is
welfare of the society.
Example- Oxfam