Assignment The Business Environment
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Added on 2020-06-06
Assignment The Business Environment
Added on 2020-06-06
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THE BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK1.............................................................................................................................................2P1)Different types of organisation.........................................................................................2P2) Scope and sizes of different organisations.......................................................................8Public sector-..........................................................................................................................8TASK2...........................................................................................................................................11P3) Relationship between different organisational functions with objectives and structure.11TASK3...........................................................................................................................................14P4) Impact of external macro environment of firm's activities............................................14TASK4...........................................................................................................................................16P5) SWOT analysis of Sainsbury.........................................................................................16P6) Interrelation between strength and weakness with macro factors.................................18REFERENCES..............................................................................................................................20
INTRODUCTIONBusiness environment is a surrounding and all those circumstances where an organisationperforms its activities and functions. In terms of the economy “Business” is an activity that isbeen done by human being, which include several operations such as buying and selling,manufacturing- conversion of raw goods into usable or for further process. “Environment” is aset or group of various things that are related to to economy, politics, legal, social, and culturalfactor. These are surrounded to a business any fluctuation occurs in this whole organisation hasto bear that (Aterido, Hallward-Driemeier and Pagés, 2011). This concept is very important tounderstand by business person as to perform all its activities and operations in effective andappropriate manner.Sainsbury Plc is one of the biggest supermarket in London marketplace. At present it hasbecome third largest retail company and is very effectively carrying out its operations. It isintroducing more store around 1200 all around world and employees in numbers will be 16500.large number of customers are served by it. Vision of Sainsbury-It wish to serve healthy food.Avail qualitative items.Providing opportunities of employment.Safe guard environment.To grow in competitive market.1
TASK1P1)Different types of organisation.Notes:- Different types of organisations that are present in market to perform different activities.They all are having their own values, views and purpose. Some firms are focusing for earningmaximum profit for its survival whereas there are many who are working as for welfare ofpublic. Organisations and companies varies from each other as they have different structure,surrounding, cultures, values and belief.2
Notes:-Public sector are those organisation where government has authority to govern all activities andfunctions of a business. The legal aspect of public sector is that central government of a nationsis paying for goods where as local government of the country is responsible for paying uponservices that are get provided by Council tax. For instance- McDonald is an American organisation which lies under this sector. This is a veryrecognised organisation in whole world as it is availing its products and services in mosteffective manner. Its hamburger is very much known to all and are preferred much by every one. PurposeMcDonald's purpose is to serve its customers in right and good manner.Quality is most concern of them.Satisfying customers with their hardship and efforts.3
Notes:-Private sector organisation is not under control of government. Products and services to customers are provided by individual person who is whole sole responsible for carrying out each and every aspect of this. These firm are more concern to earn profits and want to maximise their wealth for its sustainability. There are number of legal functions that are present and important for private sector firms, it basically depends upon category in which this sector is lying. Most important aspect that must be followed while establishing a firm in private sector MOA(Memorandum of association) and AOA(Article of association) is very essential to get registered in Company Act,2013. For example- Virgin group is a investment company which is leading in a global market. It is performing its activities in around 50 countries and is having 5000 employees. It is a private sector firm which does not have any governing authority from the department of nation's government. PurposeIts main objective and purpose to establishment is to serve customers appropriately so that they can be able to get maximum profit out of them.It also want expand its business at those area where it haven't yet tapped.4
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