Business and the Business Environment

Business and the
Business environment

Table of Contents
INTRODUCTION...........................................................................................................................1
P1 Different types and purpose of organisation .........................................................................1
P2 Explain the size and scope of different type of organisation ................................................2
P3 Explain the relationship between different type of organisational functions and the way
they link to the organisational objectives and structure .............................................................3
P4 Positive and negative impacts the macro environment has upon business operation ...........4
P5 Internal and External analysis of the specific organisation in order to identify the strengths
and weaknesses...........................................................................................................................7
P6 Explain how strengths and weaknesses interrelate with external macro factors ..................9
Conclusion ....................................................................................................................................11
References .....................................................................................................................................12

INTRODUCTION
Business and the business environment consist of such factors which helps the
organisation understand about how the business environment impact the changes that took place
in an organisation. The business and the business environment including all the internal and the
external factors which affect the functioning of the company including employees, customers,
supply management and regulations of the business. The discussion includes three different type
of organisation including private, public and voluntary organisation which has a different size,
scope and effective areas, the relationship between different organisational functions and their
link to objectives and goals. The report also includes positive and negative impact of macro
environment. The internal and external analysis of the specific organisation in order to identify
the strengths and weaknesses (Fang and et. al., 2018).
At last, the explanation on how the strengths and weaknesses interrelate with the external
macro factors. United Kingdom based private organisation is Cyclacel Pharmaceutical Inc.
which is biotechnology firm of United Kingdom from Scotland specialised in cancer drugs and
treatments. In 1996, the Cyclacel was founded by David Lane and Merlin Ventures. United
Kingdom based public organisation is National health services which was founded in 1948 and it
is known to be a publicly-funded healthcare systems of the country. United Kingdom based
Voluntary organisation is BTS Group Holdings Public company limited.
P1 Different types and purpose of organisation
Private organisation: It is a type of business organisation that helps in partnership, corporation,
agency and person which is only made for maximising the profit because it is founder owned
company. The private organisation includes all such businesses that are only made for profit
maximisation rather than operated by the government. It is known to be a limited liability
company and useful in establishing, maintaining and operated in a foreign trade zone. In relation
with the Cyclacel pharmaceutical company is a firm based on Scotland. The only purpose of this
organisation is to give the best medicine facilities and achieve success in terms of maximising
the profit more than anything (Liébana-Cabanis and et. al., 2018).
Public organisation: It is a special part of the government sector. The public organisations are
completely non-profit based and the only purpose of such organisation is to attain maximum
benefits to the people. These are such type of enterprises or agencies which is useful in
delivering the goods, services, public programs and operate with a partial degree of government.
1

However in most of the cases, the government is seems out to be a major shareholders and these
enterprises follow the acts and regulations that govern the core government. In relation with the
National Health Services is one of the publicly funded healthcare systems of the United
Kingdom. The company was founded in 1948 and it is funded out of the general taxation.
Voluntary organisation: It seems out to be a generic term which refers to a specific type of
organisation and it is referred to a non-profit organisation. NGOs are a great example of the
voluntary organisation. Voluntary organisation emphasizes the fact that citizens remains freely
from these organisation and so, they are autonomous, independent of both the government and
the market. It is a third type of organisation which does not examine on the basis of private
organisation in terms of maximising the profit and there is no impact of the government in such
type of voluntary organisation. In relation with the BTS PLC is one of the public company that
headquartered in Bangkok but a large size of the company remain in UK.
Legal structures: A legal structure of a business organisation or a business form, the choices
includes partnerships, sole proprietorships, corporations, non-profit and co-operatives. The legal
structure of an organisation is very important because helps the run in any type of business
organisation including private, public and voluntary.
Sole proprietorships: It is a legal structure which is owned and operated by the single owner. A
sole proprietorship is a good option to have a complete control of the business. They are liable
for the business liabilities, debt and losses. It can be also suggested that if business will go in
debt then personal assets will be completely in a risk.
Partnerships: It is a legal structure which helps the organisation to act according to the
partnership in which two or more than owners have been involved.
Corporation: A corporation are completely separate from the owner. The corporation has a
strongest protection from the personal liability. It is a good option to expand business and
shareholders. The corporations require extensive record keeping and reporting.
Limited liability company: It includes liability protection without any double taxation.
P2 Explain the size and scope of different type of organisation
Private organisation Public organisation Voluntary organisation
Size In relation with the
Cyclacel, the size of
Generally, the size of
the public organisation
The size of the
voluntary organisation
2