Unit 1: Business and the Business Environment

BUSINESS AND BUSINESS
ENVIRONMENT
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Contents
INTRODUCTION...........................................................................................................................................3
SECTION 1...................................................................................................................................................4
DIFFERENT TYPES AND PURPOSE OF ORGANIZATION PUBLIC, PRIVATE, VOLUNTARY SECTOR..............4
DIFFERENT LEGAL STRUCTURES IN THE PRIVATE SECTOR .....................................................................5
LEGAL STRUCTURE OF GLAXO SMITH KLINE ..........................................................................................6
ORGANIZATIONAL STRUCTURE, SIZE AND SCOPE OF BUSINESS AND THEIR OBJECTIVES AND ROLE IN
CREATION OF PRODUCTS AND SERVICES SOLD IN THE MARKET ............................................................6
DIFFERENT TYPES OF BUSINESS STRUCTURES AND INTERRELATIONSHIP WITH THE ORGANIZATIONAL
FUNCTIONS .............................................................................................................................................7
SECTION 2....................................................................................................................................................9
PESTLE ANALYSIS FOR GLAXO SMITH KLINE ...........................................................................................9
SWOT ANALYSIS ...................................................................................................................................10
COURSE OF ACTION FOR GLAXOSMITHKLINE........................................................................................11
CONCLUSION.............................................................................................................................................12
REFERENCES .............................................................................................................................................13
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INTRODUCTION
Any company has to work in a profitable business environment directly influences and impact
the operating and decision making of the business (Hans, 2018). The report focuses on the
function, scale and nature of different types of organizations operating in the UK including
governmental, private and non-profit organizations, along with the overview of their
organizational structure, objectives, and service provided by these kinds of firms. The report will
discuss the working of such type of organizations, PESTLE, and SWOT analysis of the
organization is done by taking an example of Glaxo Smith Kline, a pharmaceutical company.
Glaxo Smith Kline is a public company which is Pharmaceutical Biotechnology customer goods
founded in the year 2000, having headquarters at Brentford, England UK (Hans, 2018)
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SECTION 1
DIFFERENT TYPES AND PURPOSE OF ORGANIZATION PUBLIC, PRIVATE,
VOLUNTARY SECTOR
Being a business analyst the public private and voluntary sector organizations need to
be studied in brief.
PUBLIC SECTOR ORGANIZATION: Such type of organizations are governed and
managed by the government of the country. These type of organizations provide some
goods and services to the citizens these type of organizations are run by the
government with the money that comes from taxes. Public sectors organizations include
Healthcare, law enforcement and security like armed forces and police, social working
organizations, educational organizations as teacher or professors etc. the job
opportunities in this sector are categorized in two ways general or professional, these
posts are given to the individuals according to their qualification. An example of a public
sector organization is Glaxo Smith Kline Bank of England (Bouckaert et al. 2016).
For example, Glaxo smith kline is a pharmaceutical company which is established in the
year 2000 and have their headquarters in England. The company was named as the
sixth-largest pharmaceutical company in the year 2019. This is a public limited company
of the UK and has offices in about 115 countries it provides employment to about
99,000 people. As of now, the government has signed up an agreement with this
company for a Coronavirus vaccine (Bouckaert et al. 2016).
The Bank of England is the Central bank of UK and is model on which most of the
model bank are based. The bank is established in 1694 and acted as the English
government's bankers.
PRIVATE SECTOR COMPANY: Private Sector companies are those companies which
are run by the government. They are one of the major part of the economic of the
country which is run by different individuals and companies with the major intent of
getting the profit out of business.
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