Pestle Analysis of JP Morgan Company
Added on 2020-12-09
19 Pages5699 Words415 Views
Business and BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purpose of organisation and their legal structure...................................1P2. Explain the size and scope of a range of different types of organisation.............................3TASK 2............................................................................................................................................5P3. Explain the relationship between different organisational function and organizationalstructure.......................................................................................................................................5TASK 3............................................................................................................................................8P4. Pestle analysis of JP Morgan company ................................................................................8TASK 4..........................................................................................................................................10P5 Internal and external analysis of organisation to identify strengths and weaknesses..........10P6 Interrelate strength and weaknesses with external macro factors.......................................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
INTRODUCTIONBusiness environment means sum total of all external and internal factors that influence abusiness. The external and internal factors influence each other work that affect an enterprisethrough their performance, profitability, growth and survival. This includes employees,customers, competitors, government, social, political, technological, management, supply,demand and business regulations. The changing needs of customers and innovation in the marketare a part of business environment. To survive in a market means to adapt the changes, to adaptthe changes means to aware about the surroundings (Adeoye and Elegunde, 2012). This project reports covers types, purpose, size and scope of JP Morgan company. It is amultinational banking and financial services established in Hong Kong. It is the world's seventhlargest bank in their total assets in Europe. In this report, there are two more company frompublic and voluntary sector that is audit commission and Oxfam. Also bring highlights onrelationship between the organization functions, positive and negative affect of macroenvironment. Moreover, includes the internal and external analysis with strength andweaknesses.TASK 1P1 Different types and purpose of organisation and their legal structureThere are different types of organisation these are as:Public company is a company that issue securities to the general public through an initialpublic offering and listed in stock exchange. These organization are controlled and owned bycentral , state or local government authorities (Bryson, 2017). It includes health and educationservices, defence, law, order of respective company.Purpose of Audit Commission firm is to do inspection, auditing, journalising thetransaction of other government firms. It plays a vital role in at a time of filing returns, makingstatement of audit commission company and so on.Legal structure Local government is an authority to determine and execute measures within a restrictedregion inside and smaller than the whole state. Some local bodies can elect officials, enact taxes,do many other things that a national government do but in smaller scale. It is an important for thefreedom of locality to decide and act.1
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