Explain the Different Types Size and Scope of Organisations
Added on 2020-10-22
13 Pages4319 Words243 Views
BUSINESS & BUSINESS ENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................4P1 Various types, size and scope of organisations......................................................................4P2. Size and Scope of different types of organisations...............................................................6TASK 2............................................................................................................................................7P3 Relationship between different organizational functions......................................................7TASK 3............................................................................................................................................8P4 Positive and negative impacts of macro environment upon business operations..................8TASK 4..........................................................................................................................................10P5 Internal and external analysis with strength and weakness.................................................106 Inter-relation of strengths and weakness with external macro factors...................................11CONCLUSION..............................................................................................................................12REFERENCES .............................................................................................................................13
INTRODUCTIONBusiness functions within a whole gambit of number of micro macro factors and have topnegotiate its way through it. The success and sustainability of business depends on howefficiently it interacts with environment. Business environment is a combination of variousinternal factors like management, men, machinery etc. and external factors comprising socio,economic and other factors. In today's combative business environment there is immensecompetition in market adding on to it today customer has also become intelligent which leads tofrequent change in their aspirations and expectations (Asif, Garvare and Ahmad, 2011). Thus, afirm to attain profitability, growth and large market share is required to cater the needs of itsconsumers by analysing prevailing opportunities, rivals tactics, consumers tastes andpreferences so as to make relevant changes in its present products or services or to introduce anew products.This project discuss about Sainsbury's which is a multinational public retail company. Itis the second largest supermarket retail dealing in groceries and general commodities. Microleaseis a private limited form providing total solutions for electronic test equipments to help usersdeploy equipments in most cost effective manner. Oxfam is a charitable voluntary organisationworking with the objective of eradicating global poverty.
This assignment will discuss about different types, size and scope of firms along withexplaining interrelation of its various functions and how they link to organisation's structure(Bhaduri and Ha-Brookshire, 2011).. Further, it will explain both positive and negative impact of macro environment on the workingof firm's operations. Moreover,it will relationship of company's strength and weaknesses with itsexternal factors.TASK 1P1 Various types, size and scope of organisationsOrganisation irrespective of their type proves to be a major source of employment andeconomic development of a nation. A firm during its origin requires to take decision related to itssole purpose for conducting business that further shapes its vision, mission and objectives. Firmsare basically segregated on basis of their for profit or not for profit perspective. Mentioned beloware the three main sectors public, private and voluntary in which most firms are divided:Public Sector: Public limited company are those where in firm has sold a proportion ofits shares to general public for the purpose of fund generation. Public companies conducts itsbusiness operation on the basis of guideline, policies and legislations laid down by governmentwho controls its functioning for providing products and services as per demand and needs ofgeneral public at affordable prices regardless of income or wealth generation. Public company'sare one of the major source of employment generations as they require large workforce to carryout and mange its operations (Cavusgil and et. al., 2014). For instance Sainsbury's Ltd. is secondlargest supermarket chain across the globe. It main products includes groceries, dairy products,fresh food and others at affordable prices and high quality. Purpose: Public limited firms conduct there business with main objectives ofcontributing in the economical growth and improving standard of living of the people of acountry. These firms follows a holistic approach for providing benefits to citizens by giving thememployment opportunities, to provide them with basic necessities of life at reasonable prices andmany such other social benefits. Private Sector: These Private firms forms that portion of economy wherein goods andservices are manufactured and provided to customers as per their requirements for generatinghigher profits. These companies that self owned and are managed by individual(s) without any
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