Business Environment Report: Assessing Organizations - Size and Scope

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This report provides a comprehensive analysis of the business environment, focusing on various types of organizations, including private sector entities like sole proprietorships, partnerships, and private limited companies, as well as public sector organizations such as Marks & Spencer. It also examines voluntary organizations like Oxfam and Age UK, highlighting their objectives and contributions to society. The report assesses the size and scope of both public (Marks & Spencer) and private (B&M Retail) organizations, detailing their vision, mission, objectives, and market presence. By exploring these diverse organizational structures and their operational characteristics, the report offers valuable insights into the dynamics of the business environment. Desklib provides a platform for students to access this document and many other solved assignments and past papers.
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Business and business
environment
TASK 1
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P1 Assessment of various and purposes of organizations.
Private Sector: One of the major sector that consist of various
small and global organization regulating in very industry.
Organization in this sector are considered as private firms which
ultimately regulate their business with an aim of maximizing
profits and increasing there growth in Economy. In UK,
presently there is major contribution of these private sector
firms towards increasing the rate of GDP. Private firms not
offers there shares to public at large.
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Sole trader: It is considered as simplest form of structure in which
there is one single owner who regulates the business operations and
liable for every business situation either profit or loss.
Partnership firms: Major form of private sector organizations in
which the company or individuals makes an agreement for working
together in business for achievements of profits.In UK, presently
there 1.2 million partnership firms existing that have huge
contribution in economic development of country.
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Private limited Company: It is a company which is held
private individual for small business purpose. In this, liability
held by partners are limited as per the contribution of investors.
Public sector organization: Large business firms that operates there
business at international level with an aim to satisfy the needs of
people and achievement of target return from the investments. In
this context, Marks & Spencer is considered as public limited
organisation as it generates its financial resources from the public
by issuing shares. Government have there shares in this
organization as it aims to satisfy the needs of consumers.
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Further, different legal structure public sector organization are as
follows:
Franchise: These public sector organization also provides there
franchises to there franchises to other individuals by taking
royalty amount as they are using there brand for regulation of
business. Marks and Spencer has also provided its many
franchises to different individuals or firms to increase there
brand reputation as well as increasing the sale of there products
in market.
Workers cooperative: These are considered as public
organization in which the workers acts as partners of business
and share a percentage of profit.
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Voluntary organization: These organizations are established by some
individuals with an aim to serve the society and resolve the problems
rather than maximizing profits. Social organizations that aims to satisfy
the needs of people in society (Yuan, 2013). In this context, there are
some major voluntary organization of UK have been analysed such as:
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Oxfam: It is an international union of charitable organizations
which has its focus on the alleviation of the global poverty (Kew
and Stredwick, 2017).It is one of the most significant in the
local communities of UK, formed in Support of the national
famine relief committee. The main objective of this charitable
organisation committee is work for the welfare of people in UK.
Age UK: It is world's largest charity group which is dedicated to
helping everyone and mainly old age people (Aterido, Hallward-
Driemeier and Pagés, 2011). It provides services and support at
a national and local level to inspire, enable and support older
people.
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P 2 Explanation of size and scope of different types of organization.
Public sector organization (PLC)
Vision: Marks and Spencer is a retail organisation in public
sector and there vision is to be the criterion against which
others are measured.
Mission: It is a statement that reflects the concern of
administration and what there cardinal intent is at that place .
Marks and Spencer's mission is to provide inspiration quality
which is directly accessible to others.
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Objectives: Marks and Spencer operates their business with the
aims of maximizing profit, employees orientation and
achievement of sustainable growth in market shares by
maximizing the profits.
Size and scope: Marks and Spencer is global retailer brand that
presently has its existence in many countries. It currently has
979 retail stores in UK which has provided a profitability of
115.7 million in 2017. Mainly, it has its headquarters in London
and they have wide scope of expanding there business
operations in various other countries like China, India, Japan
etc. By making collaboration with other firms.
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Private organization:
Vision: It is a statement of organization which reflects there
future desired position in market. In this, retail organization
B&M is operating its business in UK and there Vision is to be
leader in retail industry and increasing its market share as
compared to its competitors.
Mission: This statement defines the action which organization
needs to take to for accomplishment of future position. In this,
“the vision of B&M retail is to provide quality of products to its
customers and establishment of new business structure in other
countries.”
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Objectives: Main purpose of B&M is to achieve continuous
growth, increase profitability and expand their retail stores
across countries.
Size and scope: With the continuous growth in economy, B&M
has also achieved a sustainable growth and expanded their
business at international level. They presently operate in
countries like UK, Scotland and Wales with 500 retail stores.
The main scope of these firms is to expand their business in
retail market and increase their profits through expansion of
business in other countries.
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REFERENCES
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environmental management practices in Greek Mining and Mineral
Industry. Resources Policy, 35(3), pp.226-234.
Osterwalder, A. and Pigneur, Y., 2010. Business model generation:
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Wiley & Sons.
Sekaran, U. and Bougie, R., 2016. Research methods for business: A
skill building approach. John Wiley & Sons.
Lewin, A.Y., Massini, S. and Peeters, C., 2011. Microfoundations of
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Science. 22(1). pp.81-98.
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