Unit 1 Business and the Business Environment: Report on Organisations

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This report examines the business environment, focusing on organisational types, legal structures, and stakeholders within both public and private sectors, including voluntary organisations. It explores the size and scope of different organisations like NICE, Asda, and Oxfam, linking these aspects to business objectives. The report further details the relationships among organisational functions such as finance, marketing, and human resources, along with the advantages and disadvantages of these interrelationships. References from academic sources support the analysis, providing a comprehensive overview of the business environment and organisational dynamics, as required by the BTEC Higher Nationals in Business (RQF) Unit 1: Business and the Business Environment module.
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Business and Business
Environment
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TABLE OF CONTENT
Introduction
Organisational types with purposes, legal structure as well as stakeholders
Size and scope of different organisations
Structure, size addition to scope of organisations linked with business
objectives
Relationship among organisational functions
Advantages together with disadvantages of interrelationships among
functions of organisation
References
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Introduction
Business environment comprises of an individual, organisation addition to other forces that are controllable
or uncontrollable by business enterprises. Such environment constitutes economic conditions, technologies,
suppliers, trends, media, market conditions, consumer groups together with multiple other institutions.
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Organisational types with purposes, legal structure
as well as stakeholders
Organisations are the groups addition to structure that were set as well as managed by an
individual with the aim to achieve certain objectives. :
Public sector organisations: Companies that are controlled and accountable to local
or central government authorities are termed as public sector organisations.
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Cont…
Purpose: Purpose of public sector organisations is to redistribute income along with wealth
in all regions or sectors, provide capital formation sources, developing infrastructure facilities
and attaining planned resource allocation.
Legal Structure: Legal structure within public sector organisation comprises of public
corporations, local government and central government.
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Cont…
Stakeholders: Stakeholders that are part of public sector organisation are financial
institutions, employees, government and so on.
Private sector organisations: Such organisations are launched, managed, controlled
together with run by single person or majority of individuals (Brown, 2018).
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Cont…
Voluntary organisations: Not for profit entities and non governmental businesses are part of
voluntary organisations..
Purpose: Main purpose of voluntary organisation is concerned with social welfare
addition to social development.
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Size and scope of different organisations
In the competing world, distinct organisations run businesses with the motive to attain great
heights.
Public organisation (NICE)
Size: NICE has hired large employee size which consists of more than 600
personnel's working across England along with Northern Ireland, Wales and Scotland to deliver
services that results in increasing customer satisfaction (Size of NICE. 2019).
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Cont…
Private organisation (Asda)
Size: Asda has size of 32 super centres, 33 living stores, 61 Gateway Supermarket,
341 superstores, 319 petrol filling stations, few pilot George stores, 209 supermarkets and
many more where approx 165000 employees are performing distinct operations to deliver
products Scope: Management team hires skilled and unskilled individuals those who have
capability to perform activities as well as learning new things by using advanced techniques
which expands business scope to perform activities globally.
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Cont…
Voluntary organisation (Oxfam)
Size: Oxfam has opened diverse shops including 650 speciality shops related with
bridal wear, books, music, furniture and many more that has more than 10000 items and are
managed by approx 23000 volunteers across the world (Size of Oxfam. 2018).
Scope: Such company renders humanitarian services in around 14 nations.
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Structure, size addition to scope of organisations
linked with business objectives
In context to public organisations, the business objective of NICE is to deliver guidances,
helping to attain quality and sustainable services as well as contributing towards thriving
science industry.
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Relationship among organisational functions
Organisations functions consists of main activities which are performed by
personnels in different areas. Distinct types of functions are finance, market research,
managing human resource, customer relationship management, operation
management and many more.
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