Impact of Business Environment on Marks & Spencer

Project

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Definition, characteristics and example of micro business, small business, medium size
business and large size business..................................................................................................1
Definition, characteristics and example of sole trader business, partnership, limited liability
business, public limited business and cooperative......................................................................2
Identify different organisational structures and explain how organisational structure affects
business productivity...................................................................................................................3
Using PESTEL analysis explain how different external factors affect the performance of a
business........................................................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business environment denotes internal and external environment that imposes impact on
functioning level. The current assessment is considering Marks & Spencer which is supported to
combination of several aspects that create or form instant influence on functioning and activity of
organisation. Within this written report, the assessment of different companies will explain as per
their size and scope of business venture (Keiningham, Perkins-Munn and Evans, 2003). There
will also description about sole trader organisation, limited liability partnership and others. Also,
the document will consider information about organisational structure and how it imposes direct
impact on effectiveness of enterprise. Moreover, the PESTEL analysis is also used for assessing
external environment of business venture.
MAIN BODY
Definition, characteristics and example of micro business, small business, medium size business
and large size business
Micro business
The micro organization is small firm who employs five individuals and possess turnover
which is less than particular amount. The micro enterprise refers a small firm that centers on
employing small range of people. They centre on specializing in providing product and services
for local areas.
Characteristics of micro organization
In micro organization, there are 5 subordinates contribute in running business. Also, these
organizations do not have subordinated as well as they do not possess excess to convey
marketable banking industry. The key purpose of micro organization is for survival. For instance,
Saloon and Plumber etc. are considered as micro organization.
Small organization
The small organization is analyzed as other than public firm and paid up capital that does
not more than fifty lakh or which will be not more than 5 crore.
Characteristics of Small organization
There are 10 employees who contribute in running the business of small firms. There is
several features of a small company such as low profit and profitability associated to employees
during specific phase of time period. The main aim of small firm is to provide survival to local
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