HND Business: Analysis of Business Environment, Organisations

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This presentation provides an overview of the business environment, focusing on macro and micro factors that influence organizational activities. It examines different types of organizations, including public, private, and voluntary sectors, within the context of the United Kingdom's economy. The presentation highlights examples such as Next Plc, a private multinational clothing retail company, and Oxfam, a charitable organization, to illustrate the differences in organizational structures, missions, and objectives. The presentation concludes that all organizations, regardless of their sector or purpose, must focus on improving their business environment, and references academic sources to support its analysis.
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Introduction
Business Environment can be summed up in macro an
d micro factors. Those who directly influence organisati
on's activities are the key factors that are part of organis
ational business environment.
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OVERVIEW OF BUSINESS ENVIR
ONMNET
United-Kingdom is one of the largest economy in the World, it has earn
ed GDP of 2.729 trillion USD. In the first quarter the economy has earn
ed GDP slightly less than expected from past year.
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Types of Organisations
Voluntary
Private
PublicPublic
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Limited OrganisationLimited Organisation
Private organisations are owned and managed by individuals or by
group of individuals
These organisations work with motive of earning profit, their
primary aim is creating wealth for shareholders.
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Voluntary OrganisationVoluntary Organisation
Voluntary is explanatory for word 'freedom', actions that are
not controlled by anyone.
Activities are governed by the members of the voluntary
organisation themselves
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Voluntary OrganisationVoluntary Organisation
Voluntary is explanatory for word 'freedom', actions that are
not controlled by anyone.
Activities are governed by the members of the voluntary
organisation themselves
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Private
Next Plc. is multinational clothing retail private company, headquartered in
Enderby, Leicestershire, UK. Launched in February 1982, with exclusive
fashionable clothes, footwear and accessories for women. Men, children
and household item's collection were further introduced. At present it has
more than 500 stores in United-Kingdom alone and 200 stores overseas.
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Voluntary
Oxfam is charitable association named after Oxford committee for famine
relief, founded in 1942.
Headquartered in Oxford, United-Kingdom. Focusing on eradication of
poverty in the given economy. It is the global non-governmental
organisation serving worldwide to the different communities.
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CONCLUSION
After going through this presentation it can be
concluded that whether the organisation is profit-
making or non-profit making, or public or
private or voluntary they have to work upon
improving business environment.
There are slight differences in organisational
structures in each of the sector. They have their
own vision, mission and objectives or values
they are working for.
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REFERENCESREFERENCES
Hassard, F., and et. al., 2017. Critical Review on the Public Health Impact of
Norovirus Contamination in Shellfish and the Environment: A UK
Perspective. Food and Environmental Virology. 9(2).p.123.
Yu, W. and Ramanathan, R., 2012. Effects of business environment on
international retail operations: case study evidence from China.
International Journal of Retail & Distribution Management. Kulmala, I.
H. and Rauva, U. E., 2005. Network as a business environment:
experiences from software industry. Supply Chain Management: An
International Journal. 10(3). pp.169-178.
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CONTINUEDCONTINUED
Khattab, A. A. and et.al., 2012. Executives' perception of political‐legal
business environment in international projects. International Journal of
Commerce and Management, 22(3). pp.168-181.
Karaszewski, R., 2010. Leadership in global business environment through a
vision creation process. The TQM Journal. 22(4). pp.399-409.
Anderson, W. and et.al., 2017. The dialogue and advocacy initiatives for
reforming the business environment of the tourism and hospitality sector
in Tanzania. Tourism Review. Hassard, F., and et. al., 2017. Critical
Review on the Public Health Impact of Norovirus Contamination in
Shellfish and the Environment: A UK Perspective. Food and
Environmental Virology. 9(2).p.123.72(1).pp.45-67.
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CONTINUEDCONTINUED
Kelliher, F. and Henderson, B. J., 2006. A learning framework for the small
business environment. Journal of European Industrial Training.
30(7).pp.512-528.Maguire, S., 2004. Reconciling the system requirements
process in changing business environments. Information Management &
Computer Security. 12(4). pp.362-372.
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