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Unit 1 Business and Business Environment Assignment

   

Added on  2021-01-02

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Unit 1Business and Business Environment
Unit 1 Business and Business Environment Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Introduction of different organisation and their growth in international businessenvironment.................................................................................................................................12. Explanation, background, scope and size of the organisation................................................23. Functions of organisation using its and its inter-relation and its impact on structure oforganisation.................................................................................................................................5TASK 2............................................................................................................................................61.PESTLE analysis of organisation and its negative and positive impact:.................................62. SWOT analysis of G-Tech......................................................................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
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INTRODUCTIONBusiness environment is a combination of internal and external factors which influencethe company. The external and internal factors influence each other and work together to affectthe business environment. The five factors affecting the business is Economic, technologicalenvironment, competitive environment, the social environment and the global environment. Thisreport will show the different types of organisation and their growth in international businessenvironment.This report will provide the background details of the different organisations about theirproducts and services, the size and scope of the organisation. This will report about the impact offunctions on structures like financial structure, matrix structure and divisional structure oforganisation. This study shows both positive and negative impact of macro environment onorganisation. This will also show the PESTLE and SWOT analysis of organisation identifyingthe strengths and weakness of the organisation. TASK 11. Introduction of different organisation and their growth in international business environment.Organisation is a group of organised, capable and intelligible people fordetermining the purpose of specific company. Organisation has a management structure todecide the team members and different organisation relationships, subdividing and assigning theroles, responsibilities and authority for carrying out different tasks (Banica and Hagiu, 2015).The international Business Environment is multi-dimensional as it comprises culturaldifferences, exchange risks, political risks, legal and taxation issues. Hence, the internationalbusiness environment includes economic, political, Social and cultural, regulatory, tax andtechnological factors of environments.There are three different types of organisation:Public Company- The public company is the company owned with equity and debt securities,and through capital markets traded by the public. The shares of public company are openlytraded and distributed extensively. In a public company the ownership is shared betweenshareholders, involving the public shareholders and the board of management. The governmentraise funds for such companies which is assumed by taxes taken by the public pay.NHS is a public limited company which is committed towards providing quality of majorityhealthcare that meets the needs of everyone. In international market demand for knowledge,1
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services and skills enhanced in NHS is growing day by day. NHS offer their contribution tohealth systems in developing countries of world (Bouckaert, Peters and Verhoest, 2016).Private Company- It is the company owned by private ownership. Private companies can issuestock and have shareholders, but the company's members shares do not offer the company shareson stock market exchange to the public. Instead of this the company shares are owned,exchanged, traded and offered privately.In order to set up a private firm owner is required to choose suitable name fororganisation and have to give detail related to company’s share. Private firms have separate legalidentity and owner can keep part of profit after paying tax to government. Shareholders thosewho have more than 25% shares have right to give their views and participate in decision makingof company.Growth of Grey Technology company in international market-The company went stronger by stronger in 2006, after five years of its launch and its turnovermarked upto £6m mark. It has achieved huge growth since 2006 and have sold more than 22m ofproducts in most of the countries around the world. The G tech company has expanded ininternational market so rapidly that it has started to focus on meeting demands in Britain insteadof exporting globally (Chang, 2016).Voluntary Company- It is a group of people who enters the agreement, usually as volunteers,for its formation and to fulfil a purpose of organisation or the one who rely on temporary orregular volunteers for its operations and may have or not have paid staff. e.g. trade unions, tradeassociations, learned societies, environmental groups and professional associations.The chief objective of such organisation is not to earn or make profit but to promote a specificpoint of view. e.g Charities trust which is in Liverpool, UK and is non-profitable trust. Growth of British Red cross company in international market- It is the part of InternationalRed cross and Red crescent movement, the world's largest humanitarian network because of itsemergency services and other services given to the required public.Legal structure on volunteers firms is based on unincorporated associations. Membershave voting rights and entity is not incorporated. Unincorporated firms can carry out any activitywithout any restriction. Group members can draw up constitutions and can set rule for runningthe firm. 2
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