Business and the Business Environment: M&S, NHS Organisation Report

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Added on  2023/03/24

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This report provides an analysis of the business environment, specifically focusing on two organizations: the National Health Service (NHS) and Marks & Spencer (M&S). It begins with an introduction and outlines the objectives of the report. The report defines the meaning of an organization and differentiates between public, private, and voluntary sectors, providing examples for each. It then explores the size and scope of both the NHS and M&S, including their workforce, revenue, and global presence. The report also discusses stakeholders and their importance to the organizations. The conclusion summarizes the impact of the business environment on M&S and other organizations. References are provided to support the analysis. The assignment is based on BTEC HND in Business Unit 35, focusing on the business environment, types, size, and scope of organizations, and their relationships with stakeholders.
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Business Environment
Task P1, P2
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Covered Content
Introduction
Objective
Meaning of organization
Types of organization
Size and scope of various organization
Conclusion
References
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Introduction
Under this section, an essay has been explained which are based
on various objectives of two organisation such as National
Health service (NHS) and M&S. The essay present a various
scope and size of these two organisations.
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Objective
The purpose of this presentation is to analyses various
factors which are related with M&S business operations
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Meaning of Organization
Organization is considered as a group of people having
common goals and objectives to be attain that would help
M&S to gain stability and growth for the company.
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Public sector organisation
It is said to be that part of economy which is related with
providing different legal services which are offered by
government.
Examples: NHS, Metropolitan police and local council.
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Private sector organisation
Sole trader: The one who manage and operate their own business
operations. Ex. Corner shops, Grocery shops, corner shops and petrol
station.
Partnership: They work with the combination of more than one
persons. Like: Legal firms and Accountancy departments.
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These are related with those businesses which are owned
privately by a group of business or by the individuals. The
main objectives is to earn maximum profit.
Examples: Levi's, Nike, Facebook and many more
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Voluntary sector
There prime motive is to serve people those are able to
perform their role in the development of the company.
Examples: Charities, Unions and association and other clubs.
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Size and scope of Organisation
NHS:
The NHS has utilized more than 1.5 million individuals
in the work framework. This specific association has
one of the best five world's biggest work workforce.
The NHS England included income asset farthest point
of £101,708 million out of 2015-2016 (NHS, 2017).
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Stakeholders: They are the primary parts of an
organization and furthermore appreciate business
exercises and its operations. An essential stakeholders of
this firm are workers, investors and clients.
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M&S:
M&S incorporates immense workforce so as to convey
perfect administrations to their clients over the huge
commercial centre.
The specific private association has gathered the income of
£55,917 million in 2017. M&S has stores in 8 nations
crosswise over Europe and Asia.
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