Different Types of Business Organization, Porters Five Forces, Macro Environmental Factors

Report

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Overview of case study...............................................................................................................1
1. Different types of business organization.................................................................................1
2. Porters five forces...................................................................................................................2
3. Macro Environmental factors..................................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
A report is developing of a organized document that precisely, define and analysis an
event or presence. This report contains different types of information like business organization.
A business organization is an entity which aimed at carrying on commercial business through
different goods & services to fulfil the requirement of customers (Dobbins and Dundon, 2017).
This report based on the case study of Yoghurtology frozen yoghurt shop. There are consisting of
different types of business organization and partnership structure. Along with define about
porters five forces and three macro environmental factors.
MAIN BODY
Overview of case study
Frank Jones and his business partner started a business Yoghurtology frozen yoghurt
shop about 18 months ago. Both are contributed about £30,000 which secured the 3 year lease on
a shop and some working capital to assure they can pay suppliers and have enough stock. Both
had experience of hospitality sector so decided to set up business effectively. To growing
business strongly decided to take loan from bank £20,000 and advertise the business activities
and produce new product lines.
1. Different types of business organization
The term of business organization defined that how a business are organized and various
structure supports to meet with the goals and objectives. Businesses are developed to concentrate
on either earning profit or developing society. The basic classified of business organization such
as sole proprietorship, partnership and corporation.
Sole proprietorship: In this type of business conduct business activities by individual
person and most of the individual select because it is easy to set up and least costly among all
types of ownership. It is beneficial because owner attain of all profit and require low cost for
start up and low operational overhead.
Partnership: A partnership consist of two or more person in business together and
contribute together into the entity. All co owners act on behalf of each other in an organization.
All partners are agreed to offer all the resources need for business and set aim of generate the
profit. Those people who invest money in business is known as partner.
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