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Relationship Between Different Organisational Functions and its Link

Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures.

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Added on  2020-06-03

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In  this report company chosen for this kind of report is Marks and Spencer  who  has been dealing in retail sector since 1884 across the globe.  Purpose,  size, scope along with the legal structure of various types of the company  which will be explained in this report. Furthermore,  interrelation  between  all the organisational functions and their  link  with the  objectives  of  the business which can be explained. In addition, there are  some  negative  and positive affects on the macro environment which will also be discussed.
 

Relationship Between Different Organisational Functions and its Link

Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures.

   Added on 2020-06-03

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Business Environment
Relationship Between Different Organisational Functions and its Link_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purposes of organisations.......................................................................1P2 Size and Scope of various types of organisations .................................................................1TASK 2............................................................................................................................................1P3 Relationship between different organisational functions and its link with organisationobjectives ....................................................................................................................................1TASK 3 ...........................................................................................................................................3P4 Positive and negative impact of Macro environment on Business operations.......................3TASK 4............................................................................................................................................6P5 Internal and External analysis of Marks and Spencer............................................................6P6 Interrelation of Strength and weakness with external Macro factors....................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
Relationship Between Different Organisational Functions and its Link_2
INTRODUCTIONBusiness Environment can be stated as the combination of all organisations and otherseveral elements which have the potential to make impact on the level of performance within thecompany in positive and negative manner (Agarwal, Grassl and Pahl, 2012). There are numberof companies who are dealing and have set their process in various sector and have number ofoperations which are being conducted. Mainly there are two types of factors which are beingcompiled within the process of business environment and those can be stated as internal andexternal. In this report company chosen for this kind of report is Marks and Spencer who hasbeen dealing in retail sector since 1884 across the globe. Purpose, size, scope along with thelegal structure of various types of the company which will be explained in this report.Furthermore, interrelation between all the organisational functions and their link with theobjectives of the business which can be explained. In addition, there are some negative andpositive affects on the macro environment which will also be discussed. TASK 1P1 Different types and purposes of organisationsTo Be Covered in PPTP2 Size and Scope of various types of organisationsTo Be Covered in PPTTASK 2P3 Relationship between different organisational functions and its link with organisationobjectivesSince every organisation is different so their purpose of operating in the businessenvironment is also different. So, it is very important for hem to design their organisationstructure as per the objectives and goals of the company so that it can be achieved in an effectivemanner. Marks and Spencer is a public limited company and is having more than 85000employees (Aterido, Hallward-Driemeier and Pagés, 2011). They are considered as amultinational retailing company which is dealing in so many segments like clothing. Foodproducts, luxury items etc. So, for production they will require large amount of funds so as tomake operations more effective in nature. 1
Relationship Between Different Organisational Functions and its Link_3
Source: Organisational structure, 2018It has been observed that Marks and Spencer is having a Flat organisation structure. Herethere are very less level of management in the company and the employees can easilycommunicate with the top level management. Through these type of structure , Marks andSpencer tries to encourage their employees to participate in the decision-making process whichare being carried out to design new plans and policies of the company (Auzair, 2011). M&S ishaving so many employees who are working in this organisation structure and they are requiredto take instant decisions time to time. The various functions that are performed in Marks and Spencer are like HRM, Researchand development, finance, accounting, sales , purchases etc. They are performing these functionsin a very effective manner and because of this only they are able to achieve top position in themarketplace. So, when these functions are combined with the organisational structure then goalsand objectives of the company will be achieved very easily. So, the interrelationship of organisational structure with the function being followed in Marksand Spencer are :Marketing Department – This is one of the most important function which isperformed in Marks and Spencer. It is very helpful for them in marketing their productsans services which are being by them for them for their customers. Through thisdepartment, organisation will be able to achieve competitive advantage in market(Adeoye and Elegunde, 2012). It is very important for Marks and Spencer to have goodmarketing team because then only they will be able to achieve high position in themarket. Human Resource Department – Human resource department plays a veryimportant place in the company as they only recruit the employees for the company. So2Illustration 1: Organisational structure
Relationship Between Different Organisational Functions and its Link_4

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