Detailed Report: Business and Business Environment Analysis

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Added on  2023/03/29

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This report provides an overview of the business environment, covering different types of organizations including public, private, and voluntary sectors. It analyzes the purposes and legal structures of companies like Marks and Spencer, Iceland Limited, and Leonard Cheshire Disability Trust, examining their scope, size, and objectives. The report further delves into the positive and negative impacts of macro factors such as political, economic, social, technological, legal, and environmental factors on business operations. The analysis includes references to support the findings, offering a comprehensive understanding of the subject matter. The report highlights key aspects of business operations and external influences, providing a well-rounded view of the business landscape.
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Business and Business
Environment
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INTRODUCTION
Business is an organisational entity which deals with different
goods and services. It may be social enterprise which aims to
provide different services to the people without making any
profit. Business environment is the sum of internal and external
factors that directly affects the company's performance. Internal
environment of the firm is includes some health and safety
policies while external factors affects the internal environment of
the company
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Different types of organisation
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P1 Different types and purposes of
organisations
Public sector:
Public sector organisation are owned by government and
provides their services to the customers at lower rate
Public sector organisation are funded by the government bodies
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Continued…
Purpose of Marks and Spencer:
The main purpose of this company is to provide their best
services to the customers at lower rate.
Legal structure of Marks and Spencer:
Marks and Spencer follows partnership legal structure which
helped it in increasing its business.
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Continued...
Private sector:
Private sectors includes the organisation which mainly focuses
on making money.
These organisations are owned and governed by private group
or individuals.
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Continued
Purpose of Iceland limited:
The main purpose of this company is to increase their sale and
profits by providing the best services to their customers.
Legal structure of Iceland limited:
Iceland limited has followed sole proprietorship legal structure
in which there is no difference between business entity and the
owner.
The organisation is responsible for all debts and loss.
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Continued
Voluntary sector:
Voluntary sector mainly involves non governmental and non
profitable companies.
It focuses on completing the basic needs and requirements of
the disabled and needy people.
They work on developing the civil society by providing them
basic facilities.
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Continued
Purpose of Leonard Cheshire Disability Trust:
The main purpose of this trust is to support disabled people in
providing employment, education.
Legal structure of Leonard Cheshire Disability Trust:
Leonard Cheshire Disability Trust has followed legal liability
structure in order to protect their property and resources.
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P2 Size and Scope of a range of different
types of organisations
Scope and size of Marks and Spencer:
It has 959 stores in UK and it has employed more than 82,904
employees in its organisation.
. It is the first retailer company to make profit of £1 billion.
It is providing its services in the many countries like Turkey,
Russia, Greece, Finland, Spain etc.
Objectives of Marks and Spencer
The main objective of the company to increase their
productivity in their home as well as foreign countries.
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Continued
Scope and size of Iceland limited:
Iceland limited is retailing industry which focuses on selling
frozen food and grocery items.
It has 2.2% share market in UK.
It has net income of £160 million.
Objectives of Iceland limited:
The objective of this company is to provide better
services in other countries and increase customers services in
the company.
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Continued
Scope and size of Leonard Cheshire Disability Trust:
The organisation has provided different training services
which helps the people in education, employment and their
organisation development.
The trust is providing its services in 50 other countries to
help the needy ad disabled people.
Objectives of Leonard Cheshire Disability Trust:
The main aim of this trust is to support the people in their
critical situation and provide them financial helps
. Further, it focuses on giving higher priority to disabled
person in the society.
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