Business Environment Report: Analyzing UK Business Structures

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Added on  2023/02/03

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This report examines the business environment within the UK, focusing on the different types of organizations found in the public and private sectors. It explores the diverse structures within these businesses, offering insights into their operations and the rationale behind their variations. Moreover, the report analyzes the impacts of the local, national, and global economic environments on a named business, assessing the influence of these factors on its performance and strategic decisions. It also highlights the importance of customer service and the benefits of customer profiling. The report also includes references to support the claims and provide a comprehensive overview of the UK business environment.
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How business
operate
Task 1 & 5
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Cover Content
Introduction
Types of organisation found in public and private sectors
Different structures within business organisation
Impact of local, national and global economic environment on
organisation
Impact of customer service on business success
Benefits of customer profiling to a business
References
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Introduction
Business operates in different sectors like private, public and voluntary
sectors. They run their business on different scales like small, medium or
large with different aim and objectives which they accomplish by
performing several business activities. Owners of the company develop
best organisational structure and assign different employees and employers
with suitable responsibilities.
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Types of organisation found in public and
private sectors
There are different types of organisation which are working in both, private
and public sector. United Kingdom have thousands of companies which
are operating in different sectors in order to earn money and to serve
people of nation. Private companies are generally owned by individuals or
group of individuals.
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Different structures within business
organisation
There are different structure adopted by organisation in order to perform their
business functions in a formal and ordered manner. Following are some of
the structures:
Line structure
Divisional structure
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Impact of local, national and global economic
environment on organisation
Sainsbury's are the second largest supermarkets, situated in United Kingdom.
They have hold on great market share which is approximately 16.5%. it has
been operating in different countries with more than 1400 stores.
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Impact of customer service on business
success
It is necessary for Sainsbury to consider customer's needs and demands as
they play great role in the success of company. Sainsbury is one of the
largest supermarkets and they have achieved such success by satisfying
their customers by fulfilling all their demands and requirements
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Benefits of customer profiling to a business
Following are some benefits of customer profiling:
Better communication
Minimize the competition
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References
DaSilva, C.M. and Trkman, P., 2014. Business model: What it is and what it is
not. Long range planning. 47(6). pp. 379-389.
Casadesus-Masanell, R. and Ricart, J.E., 2012. 22 Competing through
business models1. Handbook of Research on Competitive Strategy, p.
460.
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