Business Operations Report: Analysis of Task 1 and Task 5

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Added on  2023/01/11

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This report examines the core elements of business operations, encompassing various organizational structures within both the public and private sectors. It delves into the significance of PESTLE analysis in evaluating macro-environmental factors, highlighting its role in strategic planning. The report also addresses the functions of the HR department, including recruitment, selection, and training, and explores key features of employment legislation such as minimum wages and health and safety regulations. Furthermore, the report discusses different business structures and their impact on operational efficiency. The conclusion emphasizes the importance of a comprehensive approach that incorporates company vision, mission, and goals to achieve effective business outcomes, alongside the application of leadership and motivation theories.
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HOW BUSINESS OPERATES
Task 1 and Task 5
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Cover Content
Introduction
Different types of organization
Public Sector
Private Sector
Different structures within the business
PESTLE analysis
HR department in a business
Features of employment legislation
Conclusion
References
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Introduction
A business organization runs by some effective key factors which includes
vision, mission, goals and objectives of the company. These are the
elements which commonly work together in order to attain their
organizational objectives in an effective manner. It has been identified
that there are various sort of business organization and each of them have
their own functionality so that they can attain their targets by adopting
effective methods, theories, strategies and concepts. For the management
team of the organization, it is very necessary to develop a step by step
process so that it will guide their team members.
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Different types of organization
The different types of structure within the private and public sector is
given below:
PUBLIC SECTOR
PRIVATE SECTOR
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Public Sector
In the public sector, there are mainly three forms of organizations, which
are discussed below:
Departmental Undertakings
Government Company
Statutory Corporations
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Private Sector
The different types of organization within the private sector is described
below:
Sole Proprietor
Franchise
Partnership
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Different structures within the business
In order to grow and function properly, Business require definite structure.
An effective structure aid an entity to emphasis on every step that leads to
increase in profits.
The different types of business structure followed in UK is given below:
Functional Structure
Divisional Structure
Matrix
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PESTLE analysis
In order to analyze the impact of macro environmental
factors, companies make use of PESTLE analysis. It is
determine that an entity have different objectives and set
of roles as well as roles that is followed as per the
framework. It involve six main factors which are as
follows:
Political
Economic
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Continue…
Social
Technological
Environmental
Legal
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HR department in a business
There are various functions performed by HR department that help
company to gain higher growth and development as well. The functions
are discussed below:
Recruitment and selection
Training and development
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Features of employment legislation
The Key features of employment legislations are discussed below:
Minimum Wages
Health and Safety
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Conclusion
As per the above mentioned report, it has been conclude that it is essential for a
business to consider all factors including company mission, vision, objective
and goals to run effectively.
It is important for an business organisation to consider all factors and adopt
appropriate leadership and motivation theories to conduct business activities
smoothly.
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