Report: Business Environment Analysis of Arcadia Group Ltd

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This report provides a comprehensive analysis of the business environment, focusing on Arcadia Group Ltd. It begins with an introduction outlining the importance of understanding the business environment and its impact on organizational performance. The report then delves into Task 1, exploring various types and purposes of organizations, categorizing them into public, private, and voluntary sectors, and providing examples like the Department of Cultural, Media & Sport and Arcadia Group Ltd. Task 2 examines the interrelation of organizational functions with goals and objectives. The report further analyzes the size and scope of different organizations, and conducts internal and external analyses, identifying strengths, weaknesses, and the influence of macro environmental factors. The conclusion summarizes the key findings and emphasizes the significance of adapting to the business environment. References are included to support the analysis.
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1Various types and purposes of organisations..........................................................................1
P2 Size and scope of a range of different organisations.............................................................3
TASK 2............................................................................................................................................6
P3 Organisational functions are interrelated with its goals and objectives.................................6
TASK 3............................................................................................................................................8
P4 Positive and negative impact of macro environmental factors..............................................8
TASK 4..........................................................................................................................................10
P5 Conduct internal and external analysis of the company......................................................10
P6 How strength and weaknesses are interrelate with macro factors ......................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................12
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INTRODUCTION
Any business cannot exist in vacuum, it requires natural resources, human beings and
further things to operate effectively. As business environment means collection of all individuals
and units that may or may not be in under control of an organisation. Such factors can put a huge
impact on performance, growth profitability as well as survival of the company, thus it is
essential for management to recognise all these so as to take appropriate business decisions. The
present assignment is based upon Arcadia group Ltd., its a British multinational retailer firm
which own has high street clothing retailers, i.e. Burton, Perkins, Miss Selffridge, Topshop and
the out of town chain Outfit, which sells lines from the other group chains. The main objective of
the firm is to provide healthy and qualitative services to target and potential customers in order to
gain high cutting edge. Apart from this, the present report will describe various types and
purpose of business organisations. Readers will also come to know about different functions of a
business unit and their interrelation with its goals and objectives. Furthermore, external and
internal analysis will conduct so as to analyse those factors which can affect firm's market
position in future.
TASK 1
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In this over dynamic environment, there are several business units are established by having
different aims and objectives. On the basis of their types and purpose, business organisations are
categorised into three parts, such as- public, private and voluntary. Below describe the brief
description of all these associations: -
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Public sector – It is referred as a commercial undertakings which are controlled and
managed by government of any nation in order increase social welfare and maintain public
interest. Basically, associations which comes under public sector undertakings are managed by
central, local and state government of the country. In some of companies either government
wholly owned the public enterprises or may have partly share or equity with private companies.
Furthermore, capital of public sector units can be raised by their owners through loans and other
sources. Basically, it operates in all all areas with an aim of gaining adequate return on
investment.
For example – The Department of Cultural, media & Sport is government authority
which is responsible for sport and cultural activities in UK. It also handles certain aspects of
media, i.e. broadcasting and internet. DCMS works to enrich lives, driven up growth and
promote UK over the world, by preserving Britain's cultural and its values that assists business to
grow up by investing in innovation. DCMS is a ministerial department which supported by more
than 43 agencies and public bodies. The another responsibility of the firm is to ensure social
responsibility and improve the economic condition of the nation.
Legal structure – DCMS operates with department of sports, innovation and cultural,
media, encompassing sponsorship of various councils and focuses on public industries and
computer games. Public sectors are divided into their sub sectors on the basis of its
characterises:
Central Government: This form of structure comprises government departments and its
ALB's that are non-departmental Public Bodies, executive Agencies, non ministerial departments
and other non-market bodies. These are unit which are controlled and financed by government.
These institutions provide services that consists benefit for parliament. Besides this they even
require to have distance from ministerial control.
Local Government: It is another kind of structure which formulate rules and make
decisions in respect to local services. In England. It includes two tiers of local government which
are borough or city councils, county councils and district. Thus, this aspect comprises different
types of public administration which are specific locality and non-market bodies that are finance
and controlled by them.
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Private sector: This sector comprises of people who seek to generate higher profits and
competitive advantage. Organisations in private sector are usually free from government
ownership and control. In UK, there is established vast amount of private sector organisations
who are liable for providing job opportunities to people; it results enhancement of per capita
income which also improves living standards.
For example – Arcadia group is one of the private sector organisation; it is known one of
the leading fashion industry in UK. In order to ensure continuous business operations and
customer loyalty, the firm emphasis on adopting accurate and reliable data. Furthermore,
Arcadia group cited to grow up in providing online services to people and its stores are reachable
to public.
Legal structure -
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A sole trader is an individual who deals in trades where is required small amount of
money to set up a business. The business persons bear all losses of a venture, in return
they have a control on all functions and enjoy all profits.
Another one is partnership, it is an association of people who are ready to do business
activities. Here, each partner is selected on the basis of an agreement who are liable for
all debts. In addition, rights of all members are divided under deed of partnership.
In today's competitive advantage, franchising business has led to rapid growth so as to
increase the number of stores in UK as well as international market. Franchisees have a
license to trade by using the name of franchisor and logos as well.
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Voluntary sector – These organisations are established in order to create social wealth
among people thus to boost up living standard of people. Voluntary sector involves non-profit
enterprise, not-for-profit charities and various social units. The sector indicates its positioning
between private and public sectors.
For example – The national trust works towards protecting cultural heritage of the
country of a specific geographic region. It emphasis on deviate by region, its objective is to
assure preservation of histrionically momentous parts or items as well as to save the area of
natural beauty.
Legal structure – Voluntary sector follows different kinds of legal framework, there is
given some common ones which are stated as under -
Unincorporated associations – It involves those associations in which group of individuals come
together with a common aim to obtain public benefit and provide them quality of life.
Incorporated organisations - This is when the organisation comes under a category of
law as a legal form and is considered to be a ‘body’ separate from its directors / trustees.
A Charitable Company is also known as a limited company that runs and managed by
charities or donations. In UK, these voluntary sector undertakings are owned regulated by
Charity commission as well as companies house.
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