Business Environment: Types of Organizations and NATWEST Analysis

This report provides a comprehensive analysis of the business environment, focusing on NATWEST Bank. It begins by defining the business environment and its impact on organizations, then delves into different types of organizations, including public, private, and voluntary sectors, examining their legal structures, sizes, and scopes. The report uses NATWEST as a case study, exploring its organizational structure, interrelationships between different functions (HR, Marketing, Finance, R&D, Administration, Production), and their links to organizational objectives. The report also touches on the bank's goals, objectives, and how various departments contribute to overall success, with a focus on how the bank uses different structures to ensure that it can provide the best services to its customers. Furthermore, the report touches upon the interrelationship of different functions within the organization and their link with organizational objectives and structure. The report includes information on the different departments and their functions with a focus on how they are linked to the organizations goals and objectives. The report utilizes figures and diagrams to illustrate the organizational structure and to provide a detailed overview of the company's functions.

Business and Business
Environment

TABLE OF CONTENTS
INTRODUCTION ..........................................................................................................................1
TASK 1............................................................................................................................................1
TASK 2............................................................................................................................................5
TASK 3............................................................................................................................................7
TASK 4............................................................................................................................................7
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................1

INTRODUCTION
Business environment can be defined as the combination of external as well as internal
factors that affect a firm’s operations. It includes different factors such as suppliers, clients,
owners, competition, etc. Government policies, legislations, technology improvements, social,
market and economic trends are also consider in these factors. It is inside and outside
surrounding that is highly influence the business operation. It is an important part which could
indirectly and directly influence an industry in many ways.
This file is based on NATWEST which is one of the leading banks in United Kingdom.
In this file, 4 tasks are presented which include various kinds of enterprises along with their
scope and size. Also, PESTLE and SWOT analysis will be detailed in the report.
TASK 1
Different types of organisations and their legal structure
There are mainly three types of organisations i.e. Public, Private and voluntary sector
enterprises and their structure. It includes partnership, corporation and sole proprietorship
(Different Types of Business Organisation, 2007). So it is best example of of legal structure
which is determined under this:
Public sector:
This kind of business mainly owned by the government. They have many kinds of
government bodies like national, local and agencies, etc. They have different power and duties to
make innovative modifications, rules, regulations and policies in their state (Bryman and Bell,
2015). This is specified as a sector which makes various kinds of strategies and policies.
Legal structure of public sector: There are mainly 2 parts of public enterprises which are as
follows:
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General Government: Central: It is one of the main and important parts of Government. It sets policies, rules
and regulations for country (Carroll and Shabana, 2010). The legislations are being
shared and passed through with the help of ministry bodies. Primary work of central
government is to gather revenue in terms of taxes. Main responsibilities of this central
organization is increasing company productivity and profitability. This is not created at
lower planes. These firm are exercising foreign diplomacy and domestic security, it
considering the precise to sign valid treaties. State: They are also the bodies of government which share authority with political entity.
Apart from that, it is essential which is control by all government to control a in the
country (Cantwell, Dunning and Lundan, 2010). One of the main works of state regime is
to handle educational institutions and build rules and regulations for universities, etc. Local: This is an authority that is made by particularly to monitor their legal issue. They
also make their duties in small locations such as towns, city and other little parts etc.
They are highly concrete on the communities and societies.
Public corporation:
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(Source 1: Legal Structure of Public sector, 2017)

It is a corporate body which is generated by a legislature or parliament act. Who people with
work in the private sector that is define as flexibility and the government powers. The main
objective of this organisation is carrying out a particular form of commercial activity.
Private sector enterprise:
This type of organisation includes profit making companies that are controlled and owned
by private players (Private sector legal structure, 2014). Corporations, it is formed by the
government so it is called as public sector. One of the essential purposes of this firm is to earn
higher productivity and attain better position in the marketplace. Main aim and objective of these
enterprises is to earn higher revenues. There are various kinds of private sector are as follows:
Legal structure: Sole Trade: It is the simplest kind of firm structure, it is comparatively inexpensive or
easy to fix-up. This person was mainly make each and every judgements regarding
running and starting business. They are identifying as a person that are liable for many
industry aspects. From the same.
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(Source 2: Legal structure of private sector, 2017)

 Partnership: It is determining as the business enterprise in which more than two people
are work with their, skills, money, and many resources (Cavusgil and et.al., 2014). They
are responsible to exchange their loss and profit in according with partnership agreement
term. The profit and loss account can be separated between various persons in an equally
manner. Franchise (Limited companies): It is a form of license that a franchisee such as party
gets to permit them. From the same they have process proprietary knowledge and
trademark which is allow by the various parties to produce a goods or give a creative
service below the name of businesses.
 Cooperatives: It is known as an industry to operated, owned and controlled by a user’s
groups for their individual advantages. As the same, many persons bring preference &
equity capital and their exchange in the monitor of the business. It is basis of individual
vote principal and single person.
Voluntary sector:
This kind of business is normally an enterprise whose main purpose and objective is to get
advantages in enrich community (Du, Bhattacharya and Sen, 2010). The important aim to give
support to the various person related to the need and demand of the product or services. Many
people which are related in this business that works for the social welfare of the community.
They gather contribution in different organisation by which they support the person, this factor
requires the money and many service which is very essential to treat various issues they have.
Size and scope of different organisations
There are mainly three organisations such as private, public and voluntary sector. From
the same way, it is determined the size and scope which are as follows:
Public Organisation: It is a form of the economy that concerned with giving different services
related to the government and the example of this sector is London Transportation. It is framed
by the legal authority, from the same this business deals with different services related to the
transportation like: rails system, buses and road ways. Main focus of this enterprise to giving
best services to the clients and buyers in order to provide various ways. Size of this firm having
twenty-eight thousand workers which are working in there as well as their revenue is 11.5 billion
in year 2015 to 2016. Scope: They want to give different services to their clients by several
forms. Company vision is to achieve high growth and success which are existence of various
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partners in an organisation in order to make secure and safe conveyance system (For and
Richardson, 2013). London transportation mission is to make protection for the environment
with the help of efficient and effective resources.
Private enterprise: Example of this kind of business is TESCO, it is a private organisation in
UK. It is a goods retailer and global grocery; they are operating in different stores approx. 4,000
in today. Presently this type of enterprise holds fewer approx. twenty eight percent share in
market. It also has 460,000 workers in their business who are trained to give company success
and growth, objectives and aim (Boons and Lüdeke-Freund, 2013). Overall, their revenue also
maximising in year. Cited firm filmed that the growth of global tax revenue is 8.1%, 13.9% for
the 2007, 2009 compared to the past time period respectively. From the same 50 million people
are use such kind of company product and services. Vision of this type of firm is to be the much
industry value by the buyers we produce, the society in which they run.
Voluntary business: Example of this type of business is Saint Andrew's, it is a charitable
as well as non-profit organisation in United Kingdom. They give support to various persons
which is really needed and wanted. . They are highly assist those persons that are doesn’t
having better financial position and they required of fund to acquire threat for their decease.
Focus on this sector to supporting many person as they can provide the donations and funds
which they attain from the company manger as well as enterprise (Kolk and Van Tulder, 2010).
In the organisation there are many voluntary sector which are working in country and giving
assist to the personas. The size of this enterprise: There are various persons group which are
working in this company and give better service to the approx. six hundred person. As well as
their earning is 2.5 million (approx.) per year. Scope of this form of firm: They are always trying
to gather various donations which is very important because it help person to reduce their
financial condition. They are capable to support required person they can treat and make them
their free decease.
TASK 2
Interrelationship of different functions and their link with organisational objectives and structure
This report is based on NATWEST, it is a bank in United Kingdom. They give various
form of services to their clients and buyers at several locations through various factors. They are
use as well as follow some structure, one is hierarchy which is most essential to use by this
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company. With the help of this structure to provide different profits. They exercise to make sure
and would be divide their duties in an appropriate way by their employees and staffs. It is very
important for the business to give better services related to the locker, ATM cards, correct
information and other services to the bank clients. Main objective to develop company
reputation which is significant to achieve growth and success (Meskendahl, 2010). It is
necessary which is needed different kinds of enterprise and give good service and product
quality to their buyers in a low-cost. From the same, many person can be capable to purchase
the products like: debenture, share, bonds, policies, fixed deposits and debit & credit cards. In
this form, firm will acquire success in developing their revenues. They are capable to give
better returns to investors.
Illustration 1: Organisation structure
( Source: Organisation structure, 2017)In each and every
enterprise are having their goals and objectives which is very essential to perform better in whole
activities decently. Cited bank can be capable to attempt in appropriate and smooth way.
Mentioned company having various departments in the organisation which are running rightly
and perform various functions. There are several departments are as below:
 Human resource department: Main role of this department to provide many process
related to the recruitment and selection (Zott, Amit and Massa, 2011). In this form, the
human resource of NATWEST are capable and responsible to select skill and knowledge
candidates. They are giving healthy environment to the new persons.
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 Marketing and Sales: One of the main and important role and responsibility of this
department to promote their business in large level. This type of sector provide essential
information related to the potential clients and customers. From the same they give
necessary information related to the bank inquires and fixed deposit rate with the support
of marketing and sales such as promotion tools.
 Finance: This factor is needed for every workers to maintain their financial condition.
They are capable to sustain different kinds of financial approach such cash inflow-
outflow, keep the balance sheet and profit and loss account. They are liable for
economics management and provide approvals into legislation whole the aspects of
finance.
 Research and development: These is a very important and necessary department and
who are working in this source that are capable and responsible to identify research.
NATWEST, is a retail bank and they take many R&D programs. They give better
outcomes regarding to the customer’s culture and their preference.
 Administration: The main role of this type of department to manage all management
function such as planning, organising, controlling, directing and staffing (Yang, Hong
and Modi, 2011). From the same they give better relationship between manger and their
subordinator in an essential manner.
 Production: It is a best form of every enterprise to maintain their production process.
This will very necessary to growth the company success in every level. The company
manger is liable for making raw material and give finished goods to the customers. Cited
bank handler make certain that work much enjoyable and efficient.
Company Objectives Structure
MacDonald One of the main aim of this
business to offers quality
services and products to the
international and national
buyers. They are proudly
operating their firm in year
1974. from the same main
focus of this enterprise is
Structure is identify the
hierarchy of an enterprise
which is determined by
various persons in an essential
manner. Hence, MacDonald is
a effective structure in this
way all employees are aware
regarding their duties towards
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offers goods with large
standard and instant facility so
that clients will not delay the
large time as well as their
order in less period.
growth and success of a
company. Furthermore, whole
work are categorized into
correct manner for increasing
any losses and risk by fulling
the buyers demand.
Burger king Objectives,. Aim , policy and
plan are determined by the
management team and their
manger for correct working of
an organization. It is a
American worldwide chain
which is establishing in year
1953. It is a popular for
different reason such as
hamburger and sensible meal
pack. So it is capture the large
customers attraction.
They are believing in reporting
structure in an effective
manner. From the same, they
will be not compromise with
the organisation policy. It will
fulfil the buyers demand.
Managerial group trying to
produce as well as
manufacture the products with
top brand quality in less price
by achieving long as well as
short term mission and vision.
TASK 3
Covered in PPT
TASK 4
Covered in PPT
CONCLUSION
From the above report, it can be determined that business environment is an essential part
which includes micro and macro factors. There are various kinds of organisation and their legal
structure which is essential for every enterprise. In this way partnership, corporation and sole
trade play significant role. Public sector legal structure includes the central, state and local
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government. Both facto PSTLE and SWOT analysis are interrelated with each other. In this
report different department which play important role in achieving long term goals and
objectives.
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REFERENCES
Books and Journals
Boons, F. and Lüdeke-Freund, F., 2013. Business models for sustainable innovation: state-of-
the-art and steps towards a research agenda. Journal of Cleaner Production. 45. pp.9-19.
Cantwell, J., Dunning, J. H. and Lundan, S. M., 2010. An evolutionary approach to
understanding international business activity: The co-evolution of MNEs and the
institutional environment. Journal of International Business Studies. 41(4). pp.567-586.
Carroll, A. B. and Shabana, K. M., 2010. The business case for corporate social responsibility: A
review of concepts, research and practice. International journal of management reviews.
12(1). pp.85-105.
Cavusgil, S. T. and et. al., 2014. International business. Pearson Australia.
Du, S., Bhattacharya, C. B. and Sen, S., 2010. Maximizing business returns to corporate social
responsibility (CSR): The role of CSR communication. International Journal of
Management Reviews. 12(1). pp.8-19.
Kolk, A. and Van Tulder, R., 2010. International business, corporate social responsibility and
sustainable development. International business review. 19(2). pp.119-125.
Meskendahl, S., 2010. The influence of business strategy on project portfolio management and
its success—a conceptual framework. International Journal of Project Management.
28(8). pp.807-817.
Osterwalder, A. and Pigneur, Y., 2010. Business model generation: a handbook for visionaries,
game changers, and challengers. John Wiley & Sons.
Schaltegger, S., Lüdeke-Freund, F. and Hansen, E. G., 2012. Business cases for sustainability:
the role of business model innovation for corporate sustainability. International Journal
of Innovation and Sustainable Development. 6(2). pp.95-119.
Yang, M. G. M., Hong, P. and Modi, S. B., 2011. Impact of lean manufacturing and
environmental management on business performance: An empirical study of
manufacturing firms. International Journal of Production Economics. 129(2). pp.251-
261.
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Different Types of Business Organisation. 2007. [Online]. Available through:
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