Business & the Business Environment

Business & the Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
P1 Determine different types and purposes of organizations such as public, private and
voluntary sectors with their legal structures................................................................................3
P2 Determine the size and scope of different types of organizations..........................................6
P3 Determine the relationship between different organizational functions and how they link to
organizational objectives and structure.......................................................................................8
P4 Determine impacts the macro environment has upon business operations with specific
examples......................................................................................................................................9
P5 Discuss internal and external analysis of chosen organizations in order to identify strengths
and weaknesses..........................................................................................................................11
P6 Determine how strengths and weaknesses interrelate with external macro factors.............12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Business environment Consist of both internal and external factors that affect any
businesses, these factors might negatively a positively impact the business performance. The
internal factors are determined by the factors that are controllable by the businesses, the external
factors are determined by the factors that are not in control of the businesses. The businesses
need to adopt strategic planning and flexible policies that best suits the specific business
environment challenge or opportunities. In the context of Marks & Spencer which is a British
multinational company headquartered in London UK founded in the year 1884 by Michael
Marks and Thomas Spencer. It delivers a variety of services to its Customers such as bank
services, food services, home improvement tools, clothing, perfumes, footwear, beauty products.
Supporting the report with relevant examples, Marks & Spencer is the chosen organisation this
report covers different types and purpose of the organisation, size and scope of these different
types of organizations, relationship between organizational functions and how to link with
organizational objectives, positive and negative impact on the macro environment internal
external analysis to evaluate the strength and weaknesses and how the strength and weaknesses
Relate with the external macro environment (Akhmetshin and et.al., 2017).
P1 Determine different types and purposes of organizations such as public, private and voluntary
sectors with their legal structures
Public Sector Private Sector Voluntary Sector
Definition Public limited
organisation in walls
businesses that can
offer public to raise
capital Under the
London stock
exchange in UK.
With large number of
Shareholders
Private Limited
company includes
which are not listed
under the London
stock exchange and
they cannot raise
capital of funds by
offering the shares to
the public.
Voluntary
organisation includes
those organisation
such as non-profit
organizations or non-
governmental
organisation in nature
that operated for the
sole purpose of

Reduces the financial
burden of such
organisation
(Calabrese and et.al.,
2018).
delivering social
services to the
society.
Purpose The public sector
enterprises operated
for the sole purpose
to deliver public
services such as
public infrastructure a
public transit for
economic
development and
social welfare of the
society.
Private limited
company other part
of the U.K.’s
economy that
contributes to the
economic system of
the country by
operating Business
for the sole purpose
of accomplishing
profitability margin.
Private limited
company are operated
that helps the
economy for
enhancing the per
capita income and
increasing country’s
GDP.
These are been
financed and operated
by different
organisation in order
to deliver social
benefits to add values
in the society, profit
maximization is not
the primarily
objective of such
businesses but social
wealth and societal
developments are the
main purposes of
such a business.
Relation to chosen
organisation
One of the examples
of public companies
is virgin money
company in UK
delivering positive
services in the society
It provides banking
One such examples
for private company
can be Tesco which is
a multinational
Retailer capturing
huge market share
with huge revenue
One of the example
of voluntary
organisation in UK Is
cancer research
organisation in UK,
with the sole purpose
of operating the