Mark & Spencer Business Environment

Added on - 21 Feb 2021

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Business and BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................4P1. Different types and purposes of organisations......................................................................4P2 Size and scope of a range of different types of organisations...............................................6TASK 2............................................................................................................................................8P3 Relationship between different organisational functions and how they link toorganisational objectives and structure.......................................................................................8TASK 3............................................................................................................................................9P4 Positive and negative impacts the macro environment has upon business operations.........9TASK 4..........................................................................................................................................11P5 Internal and external analysis of specific organisations in order to identify strengths andweaknesses................................................................................................................................11P6 Strengths and weaknesses interrelate with external macro factors......................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................13
INTRODUCTIONBusiness indicates to an occupation or trade and purchase and sale of products or servicesthat are manufactured by the organisation in context of earning profit. Basically business refersto an activity of selling and purchasing goods and services in order to make profitability in theoperation of the firm(Anıl and Ficici, 2017). Business environment indicates to the marketingterm and indicates to components and forces that create impact upon the ability of theorganisation in context of building and maintaining successful customer relationships. Thisassignment is based on Mark & Spencer which is a major British multinational retailer whichspecialises in selling high quality clothing, home products and food products. This firm wasfounded in 1884 by Michael Marks and Thomas Spencer and it headquartered in Westminster,London, UK. This report will be discussed about the different types and purposes oforganisations like public, private and voluntary sectors. Further will be explained about the size,scope of different type of companies and relationship between different organisational functions.PESTEL and SWOT analysis will also defined to monitor the strengths, weaknesses or positiveand negative impact upon business operations.TASK 1P1. Different types and purposes of organisationsThere are different types of organisations like public, private and voluntary and the mainconcentration of these companies is to provide effective products and services to customers sothat they retain for a long period of time in future. When these organisations run and function inthe desirable way, it provide a increment in the economy of the nation and also boost the GDP ofthe country. There are several kind of business organisations that operate within the confines ofeconomic system:Public organisation-It refers to those organisations and firms which are totally managedand controlled by the national authorities. These kind of firms carry out their operations for thewelfare and improvement of general public. They do not operate their business with the objectiveand aim of earning profits(Burayidi, 2013). The firms functioning within within the publicsector offer an array of facilities inclusive of transportation, communication, force, army,education and others.
British army is principle land warfare force of United Kingdom and it is a main part ofBritish Armed Forces. These are military services which responsible for defence of UK and itsoverseas territories.Purpose of British armyProtect independence, interests and security of country.Ensure that armed forced have training, support and necessary equipments for their work(Charfeddine, 2016).Legal structure of Public organisationsDepartmental organisation-In this, the public companyis run through department ofgovernment. They are bot the independent entities but main part in functioning of government.State government-They ensure regarding better functioning that is need to be done by thestate government agencies.Local government- It ensure that public organisations should be perform their allactivities according to regulations which are developed through government.Private organisation-It is part of economy that run through people and organisations forprofit and it is not controlled through state. It encompasses for the profit businesses which arenot operated through government. Generally, private organisations are run with an intention ofgenerating profit.Marks & Spencer is private organisation and it is British multinational retailerheadquartered in London. It is specialise in selling the high quality of home products, food itemsand clothing. It is private company and its main aim is to earn more profit.Legal structure of private organisationSole proprietorship-It is form of organisation under which an individual sets up to offerservices and products at profit. The business is one where an individual uses own funds to beginand operate business.Partnership-It is unincorporated organisation whose membership may be range from twoor more than two members, it does bot have separate legal entity, all the partners give requiredfinanced for business and will enjoy loss and profit on the basis of their contribution(Hacioglu,Dincer and Celik, 2012).
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