Overview of Business Entities and Organizational Structures in the UK

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AI Summary
This presentation provides a detailed overview of various legal entities and organizational structures in the UK. It begins with an introduction to the topic, followed by an exploration of different legal entities, including public, private, mutual, and charity sectors, with examples for each. The presentation further discusses different organizational structures, such as centralized, decentralized, bureaucratic, and divisional structures. The content is supported by references using the Harvard referencing style. The presentation concludes with recommendations and a conclusion, summarizing the key aspects of the topic. It offers insights into the advantages and disadvantages of different business structures, providing a valuable resource for understanding the UK business environment.
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The Business
Environment
Aims and objectives: To provi de an overvi ew ab out
diff erent types of legal entities for a business and al so
the organi zational structures in the context of UK.
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Sources and Presentation
Planning:
Sources:
https://www.wikijob.co.uk/content/industry/public-sector/list-pu
blic-sector-government-employers
https://smallbusiness.chron.com/difference-between-organization
al-structure-design-3839.html
https://www.theguardian.com/news/datablog/2012/apr/24/top-1
000-charities-donations-britain
https://organizationalphysics.com/2015/02/09/organizational-desi
gn-the-difference-between-organizational-structure-and-an-org-chDATE AND NAME
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Sources and Presentation
Planning:
Presentation Planning:
Gathering relevant information on different types of legal
entities in the UK and types of organisational structure by web
surfing.
Summarising the information in a word document and
preparing and proofreading the PPT based on those
information.
Preparing references using Harvard referencing style.
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Introduction:
The type of legal entity for a business organisation is varied and
every form of a business structure may have its own sets of
advantages and disadvantages associated with it.
The instant presentation briefly shows some key entities with a
brief discussion on the type of different organisational structure as
well.
The discussion has been performed in UK context supported by
concise recommendation and conclusion to wrap up the
presentation.
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Legal Entities:
Public sector organisation: Government has major stake in the
business and thus owns and controls the affairs of the
organisation. Generally, the essential commodities, national
security services, healthcare services and critical business
operations are generally owned and controlled by the
Government (Wikijob.co.uk, 2020).
Example: NHS Scotland, British Army, Department of Work and
Pensions etc (The Guardian, 2020).
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Legal Entities:
Private sector organisation: Shareholders are the primary
owner groups and management is appointed by the
shareholders. In this case, the stockholders are the primary
owners and management may run the show and act in their
fiduciary capabilities, as the agents of the owner groups.
Example: Tesco, Marks & Spencer, British Petroleum etc (The
Guardian, 2020).
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Legal Entities:
Mutual sector organisation: Two or more stakeholders form the
owner groups of the business where the functioning and
operation are governed by the principle of mutuality and private
law. In UK, the partnership businesses are generally
incorporated as per mutual faith and belief and private law.
Example: John Lewis Partnership, The Co-Operative Group etc
(Rogers, 2020).
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Legal Entities:
Charity sector organisation: These are non-profit organisations
established to attain social goals and operate for the betterment
of the society and social welfare. Generally, NGOs (non-
government organisations) or NPOs (not for profit organisations)
may fall under this category.
Example: Cancer Research UK, Royal Commonwealth Society for
the Blind, The British Red Cross Society etc (Rogers, 2020).
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Different Legal Entities in
the UK:
Business
Name
Business
Type
Purpose
NHS Scotland Public To provide healthcare services in the country
Tesco Private It is a general merchandise retailing business
John Lewis
Partnership Mutual It is also a retail business group operating
through supermarkets, baking and financial
services and related activities.
The British Red
Cross Society
Charity To provide humanitarian aid to the needy,
poor and distressed people.
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Conclusion and
Recommendation:
There are different types of business entities found in the UK
and across the world as well.
The legal entity of the business varies widely because of the
ownership structure, purpose of the business and also
advantages and disadvantages of each types of legal entities.
Therefore, it is recommended that the entrepreneurs may need
to evaluate the pros and cons of each type of legal entities and
then finalise the type of business they want to opt for.
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Organisational Structure:
Organisational structures is a function-centric approach of
organisational designing and hence may change with the
business strategy.
The purpose, accountabilities and key performance indicators
(KPIs) are streamlined and established through ensuring an
efficiently designed organisational structure (Sisney, 2020).
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Types of Organisational
Structures:
Centralised organisational structure provides lesser autonomy
than a decentralised one where the decision-making bottleneck
does not arise due to centralised one-way communication flowing
directly from Board that happens in a centralised scenario.
On the other hand, bureaucratic structure focusses on the
workforce specialisation and divisional structure, denotes
departmentalisation of business operations based on products,
services, units, departments, projects, locations or branches
(Smallbusiness.chron.com, 2020).
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References:
Rogers, S., (2020). Britain's Top 1,000 Charities Ranked By Donations. Who Raises The Most Money?. [online] the
Guardian. Available at: <https://www.theguardian.com/news/datablog/2012/apr/24/top-1000-charities-donations-
britain> [Accessed 15 March 2020].
Sisney, L., (2020). Organizational Design: The Difference Between Organizational Structure And An Org Chart. [online]
Organizational Physics by Lex Sisney. Available at: <https://organizationalphysics.com/2015/02/09/organizational-
design-the-difference-between-organizational-structure-and-an-org-chart/> [Accessed 15 March 2020].
Smallbusiness.chron.com. (2020). Difference Between Organizational Structure & Design. [online] Available at:
<https://smallbusiness.chron.com/difference-between-organizational-structure-design-3839.html> [Accessed 15
March 2020].
The Guardian. (2020). Top Employers UK 2019. [online] Available at:
<https://www.theguardian.com/careers/2019/feb/05/top-employers-uk-2019> [Accessed 15 March 2020].
Wikijob.co.uk. (2020). List Of Public Sector Employers. [online] Available at:
<https://www.wikijob.co.uk/content/industry/public-sector/list-public-sector-government-employers> [Accessed 15
March 2020].
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