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Management Report: Types of Businesses, Organizational Structures, and PESTLE Analysis

   

Added on  2022-12-22

9 Pages2696 Words58 Views
Management Report

Table of Contents
INTRODUCTION...........................................................................................................................1
SECTION 1 .....................................................................................................................................1
Micro business, small business, medium size business and large size business along with
features and examples..................................................................................................................1
SECTION 2......................................................................................................................................3
Characteristics and example of sole trader business, partnership, limited liability business,
public limited liability business and Cooperative........................................................................3
SECTION 3......................................................................................................................................5
Different organisational structures and explain how organisational structure affects business
productivity..................................................................................................................................5
PESTLE analysis and how different external factors affect the performance of a business.......5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Management report consists of performance of analysis of data and can help to make
decisions with management (Bromage, 2020). It is used in to making a financial report with the
help of management accounting and owners are take a day to day business decision making. A
companies is a legal entity and formed by group of people to achieve a common goals and
objectives. Various types of companies are public limited company, private company, sole
proprietorship, partnerships, joint venture and cooperative. For this assessment, several topics are
covered which are named as explain micro, small, medium size and large businesses with
examples, define sole proprietorship, partnerships, limited liability, public limited company and
cooperative, different organisational structures and how they can affect business productivity,
using PESTLE analysis that can affect the performance of business.
SECTION 1
Micro business, small business, medium size business and large size business along with features
and examples
Micro Business: This term consists of fewer than 10 employees are working in firm
(Chandra, 2020). There is a small business that employees are few and they started their
business with some small quantity of money from bank or other organisation. It is very
prejudiced to each and every owner of firm. Examples of micro business are: Tea stall business,
barber shops, beauty parlour and so on
Features of micro business:
A micro business runs by a partnership or firm and various activities are carried out by
one directors of organisation.
The scope of micro enterprises are proceeds to decentralized for local and location
condition.
Micro business are somewhat labour modifier as comparatively smaller organisations
with small investment in business than larger units.
Many local resources in micro enterprise are localized to most of rural areas and the
development of micro business are encourage to balanced their territorial development.
Small business: In case of small business, it consists of privately owned cooperation,
sole proprietorships and it include fewer employees or less income as compare to regular size

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