Business Environment Report: Organisational Structures and Functions

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Added on  2023/03/20

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This report delves into the intricacies of the business environment, exploring various organizational types such as sole proprietorships, partnerships, and limited companies. It examines their structures, purposes, and the functions within them, including marketing, finance, and human resources. The report highlights the importance of understanding both the internal and external environments, emphasizing how these factors influence business activities and the need for proactive strategies to manage them effectively. It also touches upon the interrelationship between different organizational functions and their linkages to overall objectives, stressing the importance of co-operation and information flow within a company. The conclusion reinforces the crucial role of the business environment in business success, emphasizing the need for organizations to manage both internal and external factors to ensure sustainable growth and development. The report also includes references to relevant academic sources.
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Business Environment
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Table of Content
Introduction
Different types and purposes of organisations.
Size and Scope of a range of different types of organisations.
Conclusion
References
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INTRODUCTION
Business environment is a very crucial aspect of any business and
organisation around the world. A business environment consists of
internal environment as well as external. But both of these
environments a dynamic in nature and therefore continues evaluation
of both shut Dayton in and if active and officiant, so that the business
can we efficiently run and the various factors that are within these
environments and influence of those on business activities of the
company can be ascertained.
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Different types and purposes of organisations;
There are different types of organisations. These types are defined on the basis of their
structure and also on the basis of their purposes. The role of people within these
organisation changes based on the structure of the organisation for e.g., a role of manager
would not be that much in a corporate structure but the same manager will play a vital role
in the working of a sole proprietorship. The different types of organisations and their
purposes are discussed below:
Sole proprietorship
Partnerships
Limited companies
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Sole proprietorship
These are business associations which are overseen and in
addition possessed by a solitary individual and are
small in nature. The capital is implanted by the
proprietor himself and is overseen by the proprietor
as it were. The risk is borne by the proprietor and the
prizes are likewise delighted in by the individual who
oversaw and possessed the firm.
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Partnerships
These are associations which are being
opened up by no less than two man with
the plan to direct business to make
benefits, this can just happen if there is a
shared comprehension between the two to
complete the business. The assets that can
be placed in association are somewhat
bigger as compared to sole proprietorship,
it is on account of there is in excess of one
individual and henceforth more cash and
capital can be injected to do business in
the more effective way.
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Limited companies
These are associations with
abilities to bargain on a bigger
scale, they are possessed by
investors and not by bunch of
partners or a individual, the
greater part investor will be
viewed as the proprietor of the
organization.
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Continued...
Joint Venture: It is usually
created for the purpose of a
specific project and then it is
abolished once the project is
accomplished.
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The relationship between different organisational functions and
their linkages to Organisational objectives and structure.
Different Organisational Functions
Marketing Functions
Finance Functions
Human Resource Functions
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CONTINUE...
There is a better co-operation among the company and its branches
because of interrelationship between employees and ease of
transmission of information.
If there is a proper interrelationship between the objectives that
management has set for the company and the structure of the company.
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CONCLUSION
From the above discussion, it is quite clear that business environment plays a
crucial role in the overall success and development of business.
It is quite necessary that an old nidation takes care of its internal and external
environment in an affective manner so that the impact of these factors on
business can be ascertained Way before and necessary strategies can be framed
to overcome with them.
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REFERENCES
Solaimani, H.S., 2014. The alignment of business model and business operations
within network-enterprise environments.
Tylutki, M.A., Wadia, N.C. and He, Q., International Business Machines Corp,
2012. Computer program product and method for capacity sizing virtualized
environments. U.S. Patent 8,108,857.
Wu, J. and Chen, X., 2014. Home country institutional environments and foreign
expansion of emerging market firms. International Business Review. 23(5).
pp.862-872.
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