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Unit 1. Business And Business Environment : Assignment

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Added on  2021-01-03

Unit 1. Business And Business Environment : Assignment

   Added on 2021-01-03

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Unit 1Business And Business Environment
Unit 1. Business And Business Environment : Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1P1 Different types and Purpose of organisation.....................................................................1P2 Size and Scope of different types of organisation.............................................................3P3 Relationship Between Organisational functions...............................................................6P4 Positive and Negative Impact of macro environment on business operations..................8P5 Internal and external analysis of organisation and their strengths and weaknesses........12P6 Interrelation of strength and weaknesses with external macro factors............................14CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................16
Unit 1. Business And Business Environment : Assignment_2
INTRODUCTIONBusiness environment is an aggregate of all internal and external forces that directly orindirectly affect business operations. Still enterprises depend on these factors for theirperformance and sustainability (Business environment. 2018). There are generally two kinds ofbusiness environment such as macro and micro environment. These factors mainly includescustomers, management, suppliers, owners, government, technology, economic factors andcurrent market trends. In this present case study, Oxfam is taken in the sector of voluntaryorganisation, Crown prosecution Services as a public company and H&M as a privateorganisation. In addition to this, there size, scope and purpose are described in this report.Furthermore, internal and strength and weaknesses of business and their interrelationship withmacro factors are included in this project. Lastly, SWOT and PESTAL have been done in thisreport. P1 Different types and Purpose of organisationThe various types of business organisations are as follows: -Private Organisation: Private organisation is owned as run by sole traders, partnerships,franchises and a private individual. Companies working under private sector mainly run theirbusiness for generating profit. Private company have minimum 2 and maximum 50 employeesworking in them.Hennes & Mauritz AB (H&M) is a worldwide clothing-retail businessorganisation. This company is mainly known for fast fashion clothing for teenagers, men,children and women. This company was founded in in the year 1947. in addition to the H&M,company consist of five individual brands with separate concepts. This company operates in 62countries with over 4,500 stores and have 132,000 people in a present time, along with this it isthe second largest global clothing retailer as compare to the parent company of Zara. Thiscompany also has a online shopping facility in 33 countries. Purpose: H&M is a fast-fashion retail company with having a purpose to modify theirinternal structure in order to implement use of energy efficient measures, water use andrenewable energy investments. Main purpose of H&M is to source their raw materials fromrecycled polyester and effectively invest for innovation.Legal Structure: Legal Structure of private organisation includes:1
Unit 1. Business And Business Environment : Assignment_3
Sole proprietorship:Sole proprietorship sector include a single individual who run theirbusiness individual and are sole responsible for company's profit and loss. Newsagents, markettraders and hairdressers are some basic examples of this type of sector. Partnership:Partnership is an association in which two people come together to start abusiness. In this, there is an agreement duly signed by partners mainly known as deed ofpartnership. Doctors, accountants, dentists and veterinarians are some example of partnership.Stakeholders: Stakeholders in private limited company include Creditors, suppliers,owners, unions, employees and directors.Public Organisation: Public sector mainly include those organisations that are ownedand control by government. Crown Prosecution Services is a British non-ministerial governmentdepartment. Founded in the year 1986 and headquartered in London, SW1H. CPS offer legaladvices to police and other investigative agenciesPurpose: Main purpose of Crown Prosecution Services is to systematically conductprosecutions in criminal cases. They mainly perform their business functions in England andWales. They provide effective legal advices to investigative agencies and police. Theseorganisations conduct their services in secondary sector and gather raw information and furtheroffer advices.Legal Structure: Crown Prosecution service is an independent judicial agency which isresponsible for the presentation of criminal prosecution in the United Kingdom. It was formed in1986, which is non-ministerial government department in England and Wales. There are civiland family courts, criminal courts and legal profession which helps in making essential decisionsevaluate plans according to these policy.Legal structure of Crown prosecution include:State Government:In state government there is a formative sharing of legal and politicalrights between state and national authorities (Bharadwaj, 2013). In this, state government enjoyrights of formal decision making without the prior permission of central government.Local Government:In this form of government, there are different types of localgovernance authority who mainly perform their functions in local and regional level.Central Government:It is a supreme authority in any nation. In United Kingdom centralgovernment have formative right to make decision for nation security, distribution of nationaltreasury budget and securing people form terrorism.2
Unit 1. Business And Business Environment : Assignment_4

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