Business and the Business Environment - Report Analysis

This report provides an overview of the business environment, focusing on different types of organizations, including public, private, and voluntary sectors. It examines the size and scope of organizations like NHS, Tesco, and Oxfam, highlighting their objectives and market strategies. The report further explores the relationships between various organizational functions, particularly emphasizing the interconnectedness of marketing with operations, finance, and human resources. It details how marketing gathers customer feedback, influences research and development, and collaborates with other departments to enhance efficiency and effectiveness. The conclusion emphasizes the importance of customer satisfaction and strategic planning in achieving market stability and success. The report references relevant academic sources to support its analysis.

Business and the Business
Environment

Table of Content
• Introduction
• Different types and purposes of organisations
• The size and scope of a range of different types of organisations
• Relationship between different organisational functions
• Conclusion
• References

Introduction
Business environment help in finding the need of a market and introduce
strategy to meet the demand of people . This report talks about different
organization and its size as to maintain the force of demand and supply
in a country.

Different types and purposes of organisations
While entering into a business, it regulates all its authority and provide
a fixed rule and regulation on which an organization works. The
objective is to earn more profit in an effective and efficient manner. It's
divided into different kind of company which placed in market to
maximize profit from customers which is as follows:-
• Public company

Cont...
Private company :- It is a company which maintain a minimum
capital requirement with minimum 2 or 200 members. Some specific
rules which are design to run company and maintain a decorum in
between employees working under it. In private company shares has no
role, while existing an organization in market.

Cont...
Voluntary sector:- It is an organization which comprises efforts in
enriching society with an aiming of getting no profit and no
government interference into it. For example:- OXFAM, which works
as a charitable organization and focus on improving global poverty.

The size and scope of a range of different
types of organisations
The Organization facilitates different services and aims in freezing an
objective by defining its size and scope in scattering its product and
services. NHS, TESCO, OXFAM define under it :-
NHS
SIZE:- NHS has achieved one of the world's biggest employers
company with 1.7 million workers working across England.

Cont...
TESCO
SIZE:- Tesco is a retailer company which works with 440,000
colleagues in aiming to provide best healthcare services.
SCOPE:- Tesco scope is to scatter its market in every new country as
to expand business by offering best quality product to customers.

Cont...
OXFAM
SIZE:- Oxfam is working in 90 different countries with an aiming to
fulfil its objective by 19 organization working together and frame a
common game plan according to market.
SCOPE:- OXFAM works on saving life and try its best level to give
a new birth in life of people who lives below the poverty line.

Relationship between different organisational
functions
The word marketing is a much bigger term as compared to selling, it's
not specifically a part of marketing only. It covers the whole business
from marketing department to all the other department. It regulates
every aspect of business from selling till customer's feedback which
help in improving efficiency and effectiveness of a merchandise, as it
help in putting an eye on every department to work for the growth of a
business.

Cont...
Marketing with Operation
The Marketing needs to be connected with every other working
department as to ensure its value with operation and production
department which is as follows:-
• Marketing collects data from customers in the form of feedback by
which it ensures where to improve. It helps in research and
development which directly favour customer taste and preference
running in market.

Cont...
Marketing with Finance
Marketing is much more vital as it indulges with finance department
to ensure many different fields of work which is as follows:-
• Marketing begin with an appropriate game plan as framing
strategies is not a task of a single department.