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Business and the Business Environment

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Added on  2020-10-22

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1 TASK 24 Demonstrate the interrelationship of the various functions within an organisation and how they link to an organisational structure.4 TASK 35 Using contemporary example demonstration of the positive and negative impact the macro environment has on business operation. There exist different types of organisation namely public, private and voluntary which exist for some specific purpose along with their legal structure, size, scope, vision and mission which are explained below: Private: Private organisation are the part of nations economic system which is being run by

Business and the Business Environment

   Added on 2020-10-22

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Business and theBusiness Environment
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Different types with Size, scope and purpose of public, private and voluntary organisationalong with there legal structure...................................................................................................1TASK 2............................................................................................................................................4Demonstrate the interrelationship of the various functions within an organisation and howthey link to an organisational structure.......................................................................................4TASK 3............................................................................................................................................5Using contemporary example demonstration of the positive and negative impact the macroenvironment has on business operation......................................................................................5TASK 4............................................................................................................................................8Determination of the internal strength and weakness of a specific organisation and theirinterrelationship with external macro factor...............................................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................12
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INTRODUCTIONBusiness environment is the sum total of internal and external factors such as employees,customers expectation and needs, demand and supply, innovation in technology, social trendsetc. which influences on different business operations (Business environment. 2019)Thecompany which is taken into consideration in order to carry out this assignment is Sainsbury. Itis the second largest chain of supermarket in United Kingdom which was founded by John JamesSainsburry in 1869. This report focuses on different types with Size, scope and purpose ofpublic, private and voluntary organisation along with there legal structure. Additionally,interrelationship of the various functions within an organisation is also being explained in thisfile. As well as positive and negative impact the macro environment has on business operationafter Brexit and the internal strength and weakness of a specific organisation and theirinterrelationship with external macro factor is being explained in this assignment.TASK 1Different types with Size, scope and purpose of public, private and voluntary organisation alongwith there legal structure.Organisation is defined as a social unit of people that is being structured and managed soas to meet a need or to achieve the collective goals. There exist different types of organisationnamely public, private and voluntary and each exist for some specific purpose along with theirlegal structure, size, scope, vision and mission which are explained below:Private:Private organisation are the part of nations economic system which is being run bycompanies and individuals in order to make profit. One such private firm is Sainsbury which isthe second largest chain of supermarket in United Kingdom which was founded by John JamesSainsburry in 1869. In addition to this it is engaged in territory sector. Moreover this firm canseek to develop close partnership with sole traders, small and medium size enterprise,partnerships, public and with voluntary within its supply chain and for value distributionnetwork as each possess certain size, scope, vision and mission and they are explained below:1
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Legal structure:Partnership: It is a formal agreement in which two or more parties corporate to operate , manage andto advance their mutual interest. Theretofore Sainsbury can enter into partnership with Aimia soas to offer advertising opportunities across all the supermarket channels. As the main objectiveof Aimia is to provide clients with the customers insights so that they can make smarter businessdecision.Sole trader: It is a type of legal structure which is operated by single individual and will also legallyresponsible for all aspects of the business. Therefore Sainsbury can devlop a close partnershipwith Netto which is a sole trader firm of which the main objective is to offer well-known brandsat low price.Small and medium size enterprise:This is the type of legal structure in which the firm is term to be independent and non-subsidiary and in which there exist approx 250 number of employees. Therefore Sainsburycompany can seek to develop close partnership with Wellworth of which the main objective isto render high quality life style experiences to its customers with maximum economic advantage.Purpose:Main purpose of Sainsbury to to earn maximum profit by providing highest level ofcustomer services.Size and scope:The size of Sainsbury terms to be high as it has approx 186,900 employees working in it.Whereas scope is also too high as it has 1423 grocery stores in UK and 815 convenience stores. Vision:Main vision of sainsbury is to be one of the most trusted retailer where individual willlike to work and shop.Mission: Sainsbury main mission is to be the consumer first choice for food by deliveringoutstanding quality services at competitive cost.Objectives: 2
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