Report-HSBC Bank, Lyreco UK & British Red Cross|Business Environment
18 Pages5558 Words73 Views
Added on 2020-02-05
Report-HSBC Bank, Lyreco UK & British Red Cross|Business Environment
Added on 2020-02-05
ShareRelated Documents
BUSINESS AND BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1P1.................................................................................................................................................1P2.................................................................................................................................................2P3.................................................................................................................................................3m1................................................................................................................................................5M2...............................................................................................................................................6P5.................................................................................................................................................8P6.................................................................................................................................................9M3 ............................................................................................................................................10M4.............................................................................................................................................11D2..............................................................................................................................................12REFERENCES..............................................................................................................................14
INTRODUCTIONBusiness environment is a mixture of macro and micro environmental factors which arenecessarily be evaluated. It helps the organization to analyse the internal and external factors sothat effective decision making can be done. The micro factors of the business consist ofcompetitors, suppliers, customers and the employees. Whereas, macro factor includes economic,demographic, natural and cultural forces. For the betterment of the business operations, it iscrucial to evaluate the two factors. This will assist the organization to make strategies and planfor the effectiveness of the business (Alshamaila, Papagiannidis and Li, 2013). The presentreport is based on a scenario in which three organizations are taken into consideration. They areHSBC bank, Lyreco UK and British red cross. All the three stated organizations work fordifferent purposes and have legal structure. This document is prepared with a purpose to toenlighten the structure and types of organizations. In context to this, size and scope of the threeare also going to consider in this report.P1A business organisation means individual or group of individual who commerciallyworks together to achieve certain task or goals. An organisation can be broadly classified in twothat is profit making and non profit organisation. The main types of organisation in businessorganisation in UK are private organisation, public organisation and voluntary organisations.Private organisationAn organisation who is owned by private individuals and they have all control andmanagement of a company. There main objective is earning profit. Now- a days suchorganisation have a faster growth compare to public organisation. As per the case study “lyrecoUK Ltd.” is a private organisation who raises money by issuing shares and debentures ofcompany in market (Amran, Ooi and Devi, 2015). The main objective of such organisation isearning profit, increasing their market share, sales maximisation and overall growth of anorganisation. It can get financed by government grants, issuance of shares or bank loans.Public organisationAn organisation who is completely owned and controlled by government of country thatis central state or local government. As per case study, HSBC bank is a public organisation, whohas a main motto of helping citizen of country and fulfil their dreams. They raises money from1
public revenues and savings or government grants. There are various advantages to employeeslike security of job plus retirement benefits etc. they are funded by individual and corporateinvestors.Voluntary organisation An organisation whose ownership is with voluntary groups. Voluntary group is a groupof people who decides to work together to bring out task and decides there part of responsibilityand obligations mutually and therefore, legal form is being an issue when the rules andregulations are written (Bartolomei and et.al., 2012). As per case study, British Red cross is avoluntary organisation in which same as other organisation, group chooses the legal structurewhich is most suitable to them. An organisation has no separate legal existence. The mainpurpose of such organisation is to help certain types of people.P2On the basis of size and scope the three chosen organizations are purely different formeach other. The size and scope of the stated organizations are given below.Public organization: Public organization is the one which is managed and controlled by thegovernment. As per the scenario, HSBC bank is taken into consideration which is one of therenowned financial institution of UK. HSBC bank is one of the world's largest banking andfinancial service organisations. It was founded in year 1865 with the help of Thomas Jackson.They serving 45 million customers globally. (Beringer, Jonas and Georg Gemünden, 2012) Theyare serving majorly four services which includes banking commercially as well as globally, alsoglobal private banking and retail banking. Organisation have listed shares on four stockexchanges. In terms of size, the organization has 266273 employees with huge hierarchicalstructure. The organization is has around 6000 offices in different countries around the world.The scope and purpose of this bank is to provide financial services to the customers in order toattain their ambitions.Private organization: Private organization works with an aim to render quality services with themotive to raise the profitability of the company. Here, Lyreco is taken which is the worldwidedistributor of workplace suppliers. lyreco UK limited is a private organisation who offers varietyof office furniture and technology around 10000 stocked products. A team consist of 9000employees active in 42 countries also on 4 continents. Organisation has a vision of providing all2
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Business Environment of UK - Assignmentlg...
|14
|3198
|376
Business Environment of FirstGroup company : Reportlg...
|15
|3682
|147
Business & Business Environment Assignment Samplelg...
|19
|5860
|44
Introduction to Business Environment- PDFlg...
|10
|3062
|99
Differences between Organizations for Profit, Non-Profit and Non-Government Companieslg...
|23
|6935
|80
Report on Type of Organisation - HSBClg...
|9
|2974
|65