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Business and Business Environment Report - Primark and Sainsbury Plc

   

Added on  2020-01-23

29 Pages6099 Words40 Views
BUSINESS AND BUSINESS
ENVIRONMENT
Business and Business Environment Report - Primark and Sainsbury Plc_1
Table of Contents
INTRODUCTION.......................................................................................................................................3
PART 1........................................................................................................................................................4
(A). P1 & P2 Different types of organization, sizes & scope...................................................................4
(B). P3 Interrelationship between organization function and objectives................................................16
(C) Video attached.................................................................................................................................17
PART 2......................................................................................................................................................17
(P4) Section: 1. Identify some positive & negative impacts of the macro environment.........................17
(P5) Section 2: Conduct an internal and external analysis to identify its core strength and weaknesses 19
(P6) Section 3: Explaining how these strengths and weaknesses can be linked to the external macro
factors....................................................................................................................................................20
(M3 & M4) Section 4: Apply several models, PESTLE & SWOT/TOWS to gain an in-depth
understanding of the impact of macro environment...............................................................................21
D2 Reflective statement lightening the findings of the report................................................................24
CONCLUSION.........................................................................................................................................26
REFERENCES..........................................................................................................................................27
Business and Business Environment Report - Primark and Sainsbury Plc_2
INTRODUCTION
Business environment regards to the factors & composition of both the internal (micro) as well as
external (macro) forces that shape an organization behavior to derive success in the competitive edge.
(Kubasek and, 2016) Micro components determine change in internal conditions, process & operations
that can be controlled by an organization like suppliers, employees and operational effectiveness. In
contrast, macro factors are called uncontrollable because entity will not have any control over such
conditions like technological changes, legislative framework, stability of the government, new taxation
regime & policies and many others. Looking the corporate world of UK, it is founded that different
organizations operates in the market that are sole proprietorship, partnership, and company & public
sector businesses. All these run their functions & activities following distinguished aims, targets &
purpose. Therefore, the report will analyze various types of business organizations with stating their
defined targets & objectives. The main focus of the report will be on two case studies, one is Primark a
private limited organization and another is Sainsbury Plc, a public company. Both the companies operate
at multinational level and run operations in retail industry. It carries out their activities and functions
having different structure or hierarchy, thus, the assignment will gives an in-depth analysis & evaluation
of interrelationship among various functions and how it is aligned with the overall strategic targets. Apart
from this, lastly, it will make internal analysis via SWOT & external through PESTLE along with linking
together both the micro & macro factors to devise best plans & strategies.
Business and Business Environment Report - Primark and Sainsbury Plc_3
PART 1
(A). P1 & P2 Different types of organization, sizes & scope
Business and Business Environment Report - Primark and Sainsbury Plc_4
Private organization: Private companies has a private ownership, a private company is a
part of economy which gives goods and services. private sector companies based on profit
welfare, it only works for a provide good services and maximum profit earning.
Public organization: These are the a companies which are owned by the governments,
state owned companies is called public limited companies. Public companies are contributes to in
economic development. Public companies are work for public welfare, it help to provide better
service in less amount. Public sector companies operate by the government and strictly followed
the all rules and regulations. Public limited company's share are open to the public, two examples
are: franchise and workers cooperative.
Voluntary organization: A voluntary association is a group of individuals who
voluntary enter into an organization to accomplish purpose. Many voluntary organizations are
working for the social economic development and for art culture and sports
Business and Business Environment Report - Primark and Sainsbury Plc_5
Charitable organization: These are the non- profitable organization, these type of
business is work for rural people and public welfare. Charitable organizations main motive is a
help needy people and run foundation courses for the public.
Sole trader: It is a run by one individuals where there is no legal distinctions between
the owner and the business. Sole trader is a legally responsible for all aspects of the business.
Partnership: A partnership is an arrangement of two parties where knows as partners, it
is either limited or unlimited liability.(Cavusgil and et.al., 2014 )
Company: a company is a large entity of business, company can be structure in different
ways. For example, company can be a sole proprietorship, a partnership, or a corporation. Which
type of company you dealing with; it may be owned by one person or a group of people.
Business and Business Environment Report - Primark and Sainsbury Plc_6

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