Business and Business Environment: UK Analysis Report - HNC 2019

This report examines various aspects of the business and its environment, starting with an overview of different organizational types based on size, purpose, and scope, including sole proprietorships, partnerships, and non-profit corporations. It then explores the interrelationship between organizational types and business objectives, highlighting how these objectives influence the establishment and operation of businesses. The report further delves into the interrelationship of functions within organizations, emphasizing the importance of coordination and organizational structure. It lists the advantages and disadvantages of this interrelationship. A PESTLE analysis of the UK's business environment is provided, followed by a SWOT analysis of Zara, including its strengths, weaknesses, opportunities, and threats. The report concludes with a list of references used.

BUSINESS AND BUSINESS
ENVIRONEMENT

Different types of organization
Based on size
• Micro
• Small
• Medium
• Large (Smartwool, 2019)

Organisations based on purpose
• Sole proprietorship
• Company
• Partnership
• Non-profit corporations(Ice breaker, 2019)

Organisations based on scope
• Public
• Private
• Hybrid organisations(The Business
Communication , 2019

Interrelationship between types of
organisations with business objectives
• Differences in the business objectives leads to the
establishment of the organizations.
• Desire for higher degree of control
• Desire for greater autonomy in operations
• High degree of coordination among workforce(Future
Learn, 2019)

Interrelationship of functions
within organizations
• High dependency of various departments.
• Coordination among departments promote
better results.
• Organisational structure is helpful in achieving
the coordinated functions
.

Advantages of interrelationship
organizational structure and functions
• Ease of operations
• Fulfilment of strategic goals
• Congenial working environment
• Efficiency in operations

Disadvantages of interrelationship
organizational structure and functions
• Expensive
• Lack of harmony
• Low degree of coordination
• Increased attention to details

Pestle analysis of UK
• Political
• Economical
• Social
• Technological
• Legal environmental(Ahn, 2017)

SWOT analysis of Zara
Strengths
• High innovation in fashion trends
• Strong supply chain
• Continuous investment in technology
Weakness
• Lack of presence in some markets
• Low scale marketing campaigns

SWOT analysis of Zara
Opportunity
• Artificial intelligence for better customer
experiences
• Expansion of retail channel
Threats
• High level of competition in apparel segment
• Regulatory threat (.Boudreaux & Klein, 2019)

References
• Cinimagestudio . (2104, November 24). Benefits of Motivational Videos for
Employees. Retrieved July 26, 2019, from visual:
https://visual.ly/community/infographic/other/benefits-motivational-videos-
employees
• .Boudreaux, C. J., & Klein, P. (2019). Socio-cognitive traits and
entrepreneurship: The moderating role of economic institutions. Journal of
business venturing , 178-196.
• Ahn, T. (2017). Moderating Effect of Learning styles on the relationship of
quality and satisfaction in the context of Business Simulation Game. Journal
of Service Research and Studies , 7 (4), 151-164.
• Australian and terriority and government . (2019, October 1). Traning govt.
Retrieved October 8, 2019, from training :
https://training.gov.au/Organisation/Details/90198
•