Various Structures of Different Types of Enterprise
Added on 2020-06-06
11 Pages2808 Words47 Views
HOW BUSINESS OPERATE
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Kinds of enterprise on the basis of public and private..........................................................11.2 Various structures of different types of enterprise................................................................11.3 Influence of international, national and local environment of economic on Tesco..............2TASK 2............................................................................................................................................32.1 Importance of accounting......................................................................................................35.1 Explain various HR functions...............................................................................................35.2 Key features of employment legislations..............................................................................3TASK3.............................................................................................................................................33.1 Profits and loss account of Tesco..........................................................................................3TASK 4............................................................................................................................................44.1 Evaluating others and own role within a group....................................................................44.2 Making a plan of developing a team for future events of training........................................5TASK 5............................................................................................................................................66.1 Influence of consumers services at a success of enterprise...................................................66.2 Advantages of consumer services.........................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8
INTRODUCTIONOperations of enterprise is an main activities of an company for meeting objectives andgoals in an proper manner in a given span of time. Their are different types of external andinternal components which gave a negative as well as positive affect on companies productivityalong with its performance. So that administration duties is to manage all factors in anappropriate way (Weiss, 2014). According to various operations of firms activities areaccomplished such as inventory, process, output, input and many others. Tesco is an largestcompany as a British multinational grocery. They provide various goods of supermarkets,hypermarket and superstore. In this assignment, covers divisions of business and its structure. Itmainly involve account6ing importance and its activities of HR department. TASK 11.1 Kinds of enterprise on the basis of public and privateIn country, enterprises are classified into two types of sectors are private and public.Private company are owned by themselves as well as its shares are not given or distributed inentire society along with government. Both authorities of country and person who are living arenot having any rights on this type of firms. But in the sector of public organisation are offeringtheir market share and investing of some money by government into entire public interest.Therefore, categorised into two types of enterprise in the context of operational scale ofinternational, national and state level. In each phase work operations and profitability ismodified because of having a lots of workload. Many of organisation have to enhance their areaof working for meeting higher numbers of market share. As they have to follow all rules andregulations of United Kingdom government. 1.2 Various structures of different types of enterprise It is very main work of administration to enhance the structure of enterprise as per theirwants and needs (Reim, Parida and Örtqvist, 2015). Some of main structure of business are givenbelow: Sole proprietorship: Individual person is operating a enterprise at a small level which areconsider in this section. As the person is fully responsible for profits and losses itself.They can not get back at a conditions of organisation is in loss. 1
General partnership: In this, Maximum 50 and minimum 2 members are operating abusiness for meeting companies targets and goals within a given time. As their membersshare equal losses and profits among all the members of partnership. Limited partnership: In this firms, liabilities are shared as per their portion of investingmoney within a business. This type of firms are having a partnership deed in which allresponsibilities are mentioned within a documentation. Corporations: Mainly, this type of companies are operating enterprise at a large level asthat their position of market and profits are higher. In various firms investing of moneyby government into a organisation. Non profits organisation: They are operating the activities of enterprise for societywelfare. Main purpose of this king of firms are for enhancing living standard ofcompanies as well as food availability, house, cloth etc. In United Kingdom, eachcompany have to spent fund or portion of profits to CSR. 1.3 Influence of international, national and local environment of economic on TescoIt was introduced by Jack Cohen in 1919. As it is a retailing organisation as well as it is apublic limited organisation. Tesco is having a 6,553 locations in 2017 along with that theyemployed approx 476,000 workers within their firms. Impact of local, national and internationalon Tesco are given below: Local: In this culture of social environment affect companies performance in a positiveas well as negative way, they consider certain factors of economical such as individualpeople capacity, income, growth etc. As already having a companies which affect salesvolume (Amit and Zott, 2015). National: Entire nation of economy create a effect either negative and positive withincompany. As having a higher competition provide a lots of opportunity to firms in UKsector of retail are highly competitive in nature. Negative effects are Low growth ofincome, less opportunity of employment etc. International: In this level, many of organisation are organising a research for knowingvarious customers wants and needs. It is having a positive affect in large numbers ofconsumers are attract within a market place. Negative impact is Organisation get certainadvantages from government like as investment, taxation etc. 2
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Motivation Theories and Leadership Style : Assignmentlg...
|10
|2780
|23
Business Environment Assignment - Tesco companylg...
|12
|3008
|36
Business Environment of Sainsburylg...
|12
|2784
|28
Impact of Business Environment on Tescolg...
|13
|3007
|261
How Business Operatelg...
|13
|932
|70
How Business Operatelg...
|11
|597
|50