(Doc) Positive and Negative Impact of Macro Environment
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Added on 2020-12-26
(Doc) Positive and Negative Impact of Macro Environment
Added on 2020-12-26
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BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Business's with legal structure and their purpose..............................................................1P2 Business's organisation and their size and structure.........................................................3TASK 2............................................................................................................................................4P3 Relationship between various organizational functions and their connection with companyobjectives................................................................................................................................4TASK 3............................................................................................................................................6P4 Positive and negative impact of macro environment........................................................6TASK 4............................................................................................................................................9P5 Internal and external analysis of an organization .............................................................9P6 Interrelation between strength and weakness with macro environment.........................10CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONEnvironments have a major impact on entire corporate world because policies and normsof an enterprise are based on micro and macro elements. However, it is essential to study thevarious components in order to attain organizational goals or objectives in a defined time frame.Beside this, number of things get changed such as; choice or preferences of society, rules andregulations of advisory bodies hence forth. In order to understand each or every aspect ofbusiness environment Company needs to analyse indispensable elements so that they can runtheir enterprise in appropriate manner (Avramenko, 2012) . Therefore, assignment is going tothrow lights on various types of organizations such as; private, public and voluntary withrelevant examples. For example; Google is a most leading private corporation whose mainmotive is to gain maximum benefits by satisfying the needs of distinct clients. Along with this,size and scope of several type of associations are also outlined in this project as well asdetermine their company structure in order to assist them towards corrective path. Furthermore,focussing on impact of macro environment on company success and interrelationship betweenSWOT or PESTLE is also described in this report. TASK 1P1 Business's with legal structure and their purposeThere are various types of organisation that exist in the environment and each have ofthem have different purpose. Thus, based on which they are categorised on the basis of public,private and voluntary section in order to fulfil the respective target affectively. It basically offerimmense employment opportunity by attaining the overall purpose of an organisationsuccessfully. The role of public company is to facility the society and deliver effective policy inorder to enhance the economic condition of the state. It basically involve the interference ofgovernment to improve the infrastructure, construction services as well as local educationalfacility to promote the functioning of overall country. Like Royal Dutch Shell is the oil and gasreserve which is the one of the largest companies that help to preserve the natural resources anddevelop sustainably. Therefore, it is established for the legal functioning and in order to do sothey receive the funding from legal community. Along with that private sector is distinct from public sector as within this the owner runthe business in order to maximise the profit and diversify business in national as well asinternational boundaries. In relation to Google it directly directly help the firm to conduct1
portfolio investment and mitigate the chances of risk by earning huge income source for businessand within stipulated time period. There are different types of private firm whose nature differfrom one to another like the role of Sole proprietor is to run the small business just with thepurpose to attain adequate living standard instead of taking risk to diversify the business. Alongwith that within partnership business two or more than two partners work together in order toshare profitability. They basically function after the preparation of partnership deed that consistthe name and share of each and every partner. Further, within limited company the largecompany like Google which is multinational company gains the huge amount of revenue andoffering a platform to people and engage with them successfully. Thus, Voluntary organisation includes the role of non government body that incorporateits actions in order to look after the specific purpose of society. They basically functioning toeenhance the living condition of unprivileged part or weak section of the society such asWoodland Trust helps to create and restore the heritage with the help of afforestation. P2 Business's organisation and their size and structureAs there are three sectors of business and each of them has its own size and scopedepending upon the purpose of business like the objective of multinational enterprise is toexpand and serve worldwide area. Similarly, voluntary organisation rather than expansionfocuses on the coverage of the society for which they exist. Thus, in relation to Royal DutchShell which is a public organisation cover the oil and gas area and indulge into activities liketransportation, distribution, trading , power generation and so on. Thus, it operate in variouscountries which is approximately seventy countries that have expanded the size as well as scopeof company. Like it offer employment opportunity around eighty thousand employees and haveassets of worth around US $399.2 billion. Along with that the size and scope is Google which isprivate company is widely expanded globally. The reason of expansion is to gain edge and earnhuge amount of profitability and catering the changing need and requirement of customer allover the world. So to remain competitive Google enhances its services like language translationor voice messages which help the customer to provide convenience and maintain their interest.Like, the company hire eighty five thousand employees who remain connected with the firm andhelp to resolve the remedy of people. The company has successfully covered both developingand developed part of an economy. Further, in context to Woodland trust which is the part ofvoluntary organisation makes vital effort to expand their size with the purpose to conserve the2
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