Analysis of Business Environment, Organisation Types and Functions

This report provides a comprehensive overview of the business environment, encompassing both internal and external factors that impact businesses. It begins by defining and differentiating various types of organizations, including public, private, and voluntary entities, with examples such as the BBC, ASDA, and Wellcome Trust. The report then delves into the international business environment, exploring aspects like globalization, foreign direct investment, and economic indicators. Detailed analyses of the selected organizations are presented, covering their products, services, size, scope, vision, mission, legal structures, and organizational structures, including their stakeholders. The report concludes by examining the interrelationship between business functions, particularly finance and marketing, and their impact on organizational structure and efficiency. References to relevant books and journals are also provided.

Business and Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
Explain different types of organisations.....................................................................................1
Overview of International Business environment.......................................................................2
Overview of various organisations............................................................................................2
Functions interrelate and an explanation of how they relate to structure...................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Business Environment consist of internal and external factors such as market trends,
customer demands, suppliers and more that affect the business directly. This help in overall
planning of a business which provide growth opportunities. This report covers different types of
organisation and their growth aspects in different part of country. This also includes various
firms like ASDA, Wellcome trust and BBC and their legal structure, scope, size and their
offerings. The report comprises of interrelationship between various departments using
organisational charts.
Explain different types of organisations
Organisation is an entity comprises of people, institution or association formed together
to accomplish goal in a effective manner. Various functions are performed by manager such as
planning, organising, directing, monitoring and coordinating the activities of a business. It
consist of framework of duties and responsibilities assigned by managers to achieve the task at a
appropriate time. There are different types of organisations such as pubic, private and voluntary
organisation. They are described as follows:
 Public organisation: These are the organisation that is managed and operated by
government and the taxes that is paid by people are used for welfare of an organisation.
Public companies have huge financial resources and their liability is limited to the extent
of capital contributed by them. BBC is one of the leading public company across the
globe.
 Private organisations: These organisations are run and operated by private individuals
and their motive is to earn profit. One of the advantage of private organisation is that they
provide excellent infrastructure facilities and fast services to their customer but at the
same time it is regarded as expensive. ASDA is one of the renowned private retailer in
UK which is engage in wide variety of products.
 Voluntary organisation: These organisation refers to non profit organisation which is
formed by group of people or association to achieve goal. Their motive is to provide help
to community members rather than earning profit. The role of voluntary organisation is to
meet the needs of individuals, groups or communities either on their own or with the help
of government. Welcome Trust is one of the leading charitable organisation in UK.
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Overview of International Business environment
International business consist of activities of buying and selling of goods and services
across the national boundaries of a country. It includes multi dimensional activities such as
political, social, technological and legal laws which help strategist to monitor the environment.
Today, Globalisation plays an important role in an international business environment. This
facilitate import- export, licensing, franchising which expands the business operation.
Globalization has grown due to advances in technology and communication which gives positive
outcome in an economy. Foreign Direct Investment also plays major role in attracting funds in
different parts of the country. Per capita income and level of national income help in determining
the economic growth of a country.
Overview of various organisations
Public organisation
These are operated by government and in this institution, funds are raised through various
methods like taxes, fees etc. These organisation do not earn profit. BBC is one of the leading
public sector broadcasting company in UK. Below the brief description of a concerned firm is
given below:
BBC: It is the first and foremost television channel within confine of UK. It cover 28
languages and provides online services to provide an easy access to customer.
Products and services: the concerned firm deals with various products like broadcasting
in radio, television and web portals. There are various operating channels like BBC one, BBC
two, BBC news and many more. Digital Television is one of the popular trend in UK.
Size: As it is a large broadcast company with 22,401 employees working in it and a net
income of 69 million and the concerned firm has total asset of 1.72 billion.
Scope: It is the oldest broadcaster which is operating in 200 countries and planning to
posses its resources in a market where it is not working.
Vision: The vision is to be the most innovative and creative organisation in the world.
Mission: BBC is largest company in the world and it's mission is to add people's life with
programmes and source of entertainment, and to educate them.
Business Objective: The objectives set by BBC are time bound and are clear keeping in
view of resources available and skills of an employee.
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Legal structure: The concerned firm is controlled by central government as it is the
largest broadcasting company in UK.
Organisation structure: BBC is established under a Royal Charter and its hierarchy
consist of Executive Board, Executive Team and management board.
Stakeholders: The stakeholders consist of both internal and external as in case of BBC
internal stakeholder are managers and employees while external stakeholders are banks,
government, suppliers and local community.
Private organisation
This organisations are run and operated by owners or private individuals as they have
huge capital that is invested on expansion and focus is on growth of a company. ASDA is
renowned private retailer in UK and its overview is presented as follows:
ASDA: ASDA is the largest supermarket in UK which is engage in various services like
clothing, home insurance and so on. It is one of the oldest retailer in UK which also provides
various financial services and have a strong network across the globe.
Products and services: The concerned firm provides wide varieties of products like
groceries, financial services and general merchandise. It also operates its mobile network,
namely, Asda mobile and it also provides car insurance and credit cards.
Size: The number of employees working in this firm is 1,65,000 as the size of company is
huge. It's operating income is 791.7 million.
Scope: The concerned firm covers 39 operations nationwide and it is planning to expand
its operations in other parts
Vision: The vision of a concerned firm is to provide goods and services at an affordable
prices.
Mission: The mission of a ASDA is to be the best retailer in Britain and to meet the
customers expectations.
Business Objective: The main objective of ASDA is to reduce cost on packaging and to
provide goods and services at an affordable prices.
Legal structure: ASDA is one of the leading corporation in UK which is engage in retail
sector and deal with groceries and various financial products.
Organisation structure: ASDA follows formal hierarchical functional structure as the
firm handle various functions in a department.
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Stakeholders: The major stakeholders are creditors, competitors, pressure groups, local
communities and government.
Voluntary Organisation
It is a group of individuals who enter into an agreement to achieve a common goal.
Today, there are large number of voluntary associations which perform various functions for the
welfare and integration of the society. Wellcome Trust is one of the leading charitable institution
in UK and its overview is presented as follows:
Wellcome Trust: This is one of the established charitable institution in UK with an aim
to improve mental and human health. It is the most wealthiest charitable foundation after the
American Bill and Melinda Foundation.
Products and services: The trust provides funds in areas of biomedical science,
humanities and product development and its services includes grant management, education
resources and investments.
Size: As the concerned institution has 2,057 employees and its financial endowment
cover 25.9 billion which is largest funding within the confine of UK.
Scope: The scope is wide as it cover large market segment and overseas of UK and it
support public understanding of science.
Vision: The vision is to contribute to the society through pursue of education and
learning at an international level.
Mission: The mission of Wellcome Trust is to promote health and to provide guidance to
students and generate high quality research.
Business Objective: The objective of concerned firm is to achieve improvement in
health by supporting the brightest minds.
Legal structure: The concerned firm is a global charitable foundation which is regulated
by Charity Commission.
Organisation structure: Wellcome Trust is an independent institution which aims to
help people across the world.
Stakeholders: The stakeholders of respective firm are government, competitors and local
communities.
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Functions interrelate and an explanation of how they relate to structure
Organisation structure is a hierarchical formation that identifies each job, its functions,
duties and responsibilities within the enterprise. Efficient organisation structure facilitates
smooth working of activities which provide growth opportunities to a firm. This assist the firm in
according different task to individuals according to their specialised skills. ASDA is renowned
supermarket in UK as it follow functional structure. In this, there is proper systematically of
work done by employees to gain large access of customers. This increases the efficiency and
productivity of an organisation. Company is mainly dependent on finance and marketing which
determine the growth and profits of a company. The relationship between finance and marketing
is very important for a business as finance is concerned with cost, profit and determine the
financial performance at the end of a year while marketing consist of sales target, volume of
sales and so on. Company should not see difference in both department as these department work
together to achieve predetermined goals.
CONCLUSION
According to the information presented above, it can be concluded that organisation
provides the framework of duties and responsibilities assigned to individuals in a proper manner.
There are different types of organisations such as public, private and voluntary organisations.
The business environment in which company carry out its operations is regarded as dynamic and
impulsive. The overview of company with their scope, size, vision and mission with respect to
different organisations is also studied. The interrelationship between various department is also
analysed which is an important factor in a business.
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REFERENCES
Books and Journals
Andersson, U., Forsgren, M. and Holm, U., 2015. Balancing subsidiary influence in the
federative MNC: A business network view. In Knowledge, Networks and Power (pp.
393-420). Palgrave Macmillan, London.
Anıl, A. R. and Ficici, A., 2017. The Emerging Market Manufacturing Business Groups
(EMBGs) and the Interplay between Innovation in Environmental Sustainability,
Digitalization, Internationalization and Corporate Governance Structures: The Case of
Turkish Holding Companies. Turkish Economic Review. 4(1). pp.55-65.
Bah, E. H. and Fang, L., 2015. Impact of the business environment on output and productivity in
Africa. Journal of Development Economics.114.pp.159-171.
Brown, R. A., 2018. Chinese business enterprise in Asia. Routledge.
Chang, J. F., 2016. Business process management systems: strategy and implementation.
Auerbach Publications.
Charfeddine, O. B., 2016. Business environment-aware management of service-based business
processes (Doctoral dissertation, Université Paris-Saclay).
Charter, M., 2017. Greener marketing: A responsible approach to business. Routledge.
Hillary, R. ed., 2017. Small and medium-sized enterprises and the environment: business
imperatives. Routledge.
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