This presentation provides an overview of the different types and purposes of organisations in the public, private, and voluntary sectors. It discusses the legal structures and their impact on business activities. The presentation also includes a case study of Tesco, a multinational retail giant.
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Table of Content •Different types and purposes of organisations; public, private and voluntary sectors and legal Structures. •Size and Scope of a range of different types of organisations.
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INTRODUCTION Business environment is a very crucial aspect of any business and organisation around the world. A business environment consists of internal environment as well as external. But both of these environments a dynamic in nature and therefore continues evaluation of both should be done in an effective as well as efficient manner, so that the business can be efficiently run and the various factors that are within these environments and influence of those on business activities of the company can be ascertained.
Continued... There are various tools to analyse the various factors of these environments, these include PESTLE analysis for external environment and SWOT analysis for internal environment. Tesco is a multinational giant in the retail industry and is operating around the world, the company is having more than four hundred thousand employees around the world and it is regarded as the leader in the industry after Wal-Mart.
Different types and purposes of organisations; public, private and voluntary sectors and legal Structures. There are different types of organisations. These types are defined on the basis of their structure and also on the basis of their purposes. The role of people within these organisation changes based on the structure of the organisation.
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Continued...•Sole Proprietorships:These are those organisations which are owned and operated by a private individual with no sharing of profit and resources of the company. This kind of structure is suitable for those individuals who do have enough money to spend and also does not want to take much risk. •Partnership Organisations:A partnership is a mutual agreement between two people to come together and do business; it is usually created for the purpose of making profits and increasing the overall growth of business. The liability of a partnership is usually unlimited and therefore partner’s personal assets can be put to stake if a partnership goes bankrupt or unable to pay its dues. •Limited organisation or company:Under this type of organisation, the liability of the owners is restricted to the face value of shares held and they cannot be forced to sell their personal assets in case of default of the company to pay its dues. Tesco comes under this type of organisation. A limited company has the scope to grow large as it can manage a large number of resources.
Size and Scope of a range of different types of organisations. The size and scope of two business organisations will be discussed in this section in detail. The first company that is taken is Tesco, which is a fairly large company and the other company that has been taken for the purpose of comparison is Zaffirson Food. The measure of Tesco is worked with in excess of 4, 50,000 representatives. Alongside that, their income is £56,000 million and working pay is £1,280 million. The scope of their work is to serve broadly and in addition global clients with their diverse business fragments like Grocery, sugar, fixings, retail. The extent of Zaffirson sustenance is worked with just ten representatives. Their income is £17000, and their working pay is £950.
Continued... Their extent of work is to serve distinctive sort of nourishment and refreshments things to the national clients and acquire a colossal benefit from them. The size of a co-operation will decide the level of operations and the overall growth of business in general. It is also quite important that right kind of management of resources is being done in order to grow successfully over period of time. A big size business usually do have scope to grow and become big, same is the case with small scale business but for that purpose, they will be requiring right kind of leadership and management in place.
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Continued... Structure, size, and degree of any association are interfacing with the objective of the business association. It is seen that any association set an enormous focus as their goal just when they have a decent authoritative structure. On the off chance that the association have few individuals in their hierarchical structure and nobody has learning in regards to their part and subordinate then it isn't feasible for them to achieve the objective since then it is difficult to accomplish this as a result of less clearness in the part.