Comprehensive Analysis: Business Organizations, Functions, and Culture

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This essay provides a comprehensive overview of business organizations, detailing various types such as sole proprietorships, partnerships, and private and public corporations, along with their respective advantages and disadvantages. It further explores essential organizational functions like human resources, management, and production, highlighting their roles in business development. The essay also discusses organizational structures, including horizontal and functional structures, and emphasizes the critical role of organizational culture, distinguishing between positive and negative cultures and their impact on employee productivity and overall business success, using Premier Inn as an example. Concluding that positive organizational culture is essential for fostering a productive and effective work environment.
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Understanding Business
Organizations
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................5
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INTRODUCTION
Business organizations means those aspects which is used in order to perform activities
that is based over buying and selling of goods or services. These organizations tends to serve its
customers with motive to earn profit and generate revenue through their products. Business
organizations are formed with the help of certain elements like business environment, nature,
strategies, management and leadership. These leads upon development of various types of
business organization according to their ownership. Business organization has different
departments that work together for making growth and success of business possible. These
functions are related to business organizations. Further, to understand business organization and
its working patterns organizations culture is developed that makes business organization achieve
ethical balance with positive environment. In the essay first paragraph discuss about various
types of business organizations and second paragraph explains about business functions. Third
paragraph tells about organizational culture.
MAIN BODY
Types of business organization with its advantages and disadvantages:There are several
forms of corporation corporations this is been used for performing corporation sports activities
which has been mentioned. Sole proprietorship: These are considered as those corporation
corporations which are most commonly dependent or used which will set up corporation
corporations(Lapiedra, 2021). In this single owner exists which handles all detail related over
corporation. The approach of registration best requires INHRC range this is to be generated and
phone of such corporations is not continually compulsion best required for starting corporation.
Managements of these corporations is been handled with the resource of the usage of with the
resource of the usage of the owner best in this earnings and loss is been included. Funding of
these corporation is been executed via personal family members, buddies and relatives.
Advantages: income earned with the resource of the usage of the ones corporation has been
stored in resource of the usage of owner himself that make earnings earned extra strong.
Disadvantage: Biggest drawback is that there may be hassle in arranging finances which makes
corporation conflict over its existence. Partnership company: In an partnership company there
are humans that comes together with reason to earn and generate income. These corporations
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makes risks, costs, benefits and obligation over on foot corporation to be recognized while
forming such corporations. In popular partnership prison obligation is endless whilst in
restrained prison obligation partners as in step with there investment holds obligation of
corporation(Kitada and Kokubu, 2022). The registration approach of partnership is based
completely upon generating INHRC range and partnership agreement is wanted best for license
reason. Management and all obligation of such corporations is been keep with the resource of the
usage of the partners themselves. Funding is been executed within the allows of partners worried
in such corporations. Certain advantages and drawbacks has been described as. Advantages: In
this company there much less legal obligations created. Disadvantage: Conflict of interests in
this partners may be worried into an fight that makes partnership come to an forestall
immediately. Private corporation: These corporations have Private restrained in the end of its
cal. Also shares of these corporations is not continually been provided inner public(Nesterova,
2020). The registration approach of such corporations is been accumulated with memorandum
and article of association then its is been submitted to Companies House. All shape of
manipulate sports activities is handled with the resource of the usage of directors and manipulate
department of corporation. Funding is been prepared via loan from economic group with
debentures. Advantages and drawbacks of these corporation is given as, Advantages: In this
corporation enjoys right of succession which makes it septate entity from its owners.
Disadvantage: Divided ownership- one of the private restrained company. Public corporation:
These are those corporation which uses Public Ltd at the forestall of its name and in this shares is
been provided to public. Its registration approach can be very complex and includes signature
and digital signature of its owners. Management is executed with the resource of the usage of
shareholders and owners of the corporation. Funding is been executed with the help of
government finance group. Its advantages and disadvantages has been described as. Advantages,
Public corporations can formulate and placed into impact policies which promote public welfare.
In a public organization bureaucratic delays are minimized to an extent. Disadvantage: It
enjoys immunity from parliamentary inquiry into its each day functioning. Public organization
incurs losses, the government gives subsidies to make well the loss. After discussing the statistics
of the case situation with wonderful corporations it is able to be marked that partnership is the
best shape of corporation is dependent with the resource usage. As it does not include any
complexed approach and immoderate capital. Organizational Functions: These are those
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functions which is based upon making development of business and its various aspects that
makes business organization work in effective manner. These functions are divided as per
various departments that are human resource, management and production(Samson and
Bhanugopan, 2022). Human resource which is based upon developing full filling needs of
employees by making conditions of organization changed that is suitable for them. Also, they
hold responsibility to select candidates for the job. Then comes management functions which
leads towards planning and developing strategies which makes organization function in effective
manner. Another important function that has been followed by an organization is production and
manufacturing which makes product circulation effective in nature. Premier Inn hotel by
following these functions is able to improve its existence within market making its internal and
external operations conducted more effectively.
Organizational Structure and its different types: An organizational shape technique the
system this is based absolutely over several kinds of sports activities that has been taking area to
be able to make goals and dreams of organisation achieved. Under organizational shape sports
activities like rules, function and responsibilities has been covered. Also, it miles used for
identifying of statistics flow in the organisation from top to bottom. It allows business enterprise
environment of an organisation like Premier Inn to art work upon path of success. Further, the
method leads in the direction of development of flow of labour in the organisation that is used
for dealing with of mission in the organisation. Horizontal shape: This shape is primarily based
totally over diverse degrees this is set among control and team of workers degree personnel. As
consistent with the shape enterprise makes boom huge sufficient to construct special departments
making shape inspire supervision and entails personnel shape all degree(Shakeel and et. al.,
2020.). The benefits and drawbacks has been mentioned as Advantages:In this shape personnel
are given greater responsibilities. This shape makes open for communique to personnel.
Disadvantages:Create confusion considering the fact that employees do not have a smooth
supervisor to document to supply employees with more generalized abilities and knowledge.
Functional shape: This shape is based absolutely over feature internal which most degree of
duty that is divided as consistent with the location assigned in keeping with abilities and skills
posses through employees working internal institution members. In this each department is
managed separately. Advantages: In this better differentiation is supplied over authority and
duty. It leads toward assigning of memories to unique tasks which makes art work to be finished
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more effectively. Disadvantages: Innovation or crucial changes due to improved paperwork can
cause employees to act in interest of the department in region of the company as a whole.
Organisational culture and impact of positive culture on an organization: Organisational
tradition is an critical factor that offers with behavioural styles posses with the aid of using an
personnel running inside an business enterprise. It has a tendency to makes enterprise
surroundings powerful toward growing productiveness inside personnel(Turner, 2022).
Organizational tradition is split into factor this is high quality and negative. Under high quality
effect business enterprise is capable of development with cause of over all growth. Since high
quality organisational shape makes personnel sense inspired and efficient with the aid of using
improving their behaviour toward running tradition. Positive organisational tradition develops
variety which makes paintings tradition extra powerful. Negative organizational tradition makes
assignment performance decreased inside personnel that makes paintings ability decreased. Thus
it is been analysed that paintings tradition have to be high quality inside an business enterprise
like Premier Inn.
CONCLUSION
From the above discussion it has been marked out that business organization are those
entities which sells products and services to their customers. These organization leads towards
improving lifestyle of an individual. In the essay various types of business organizations are
discussed with their advantages and disadvantages. Also, organizations structure is explained
with business organizations functions. In the end organizational culture and impact of positive
culture over an organization is explained.
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REFERENCES
Books and Journals
Elizabeth, G.N., 2018. The role of the administration in team building and development of an
organisation. ACADEMICIA: An International Multidisciplinary Research
Journal, 8(7), pp.43-46.
Guerin, T., 2021. Who owns organisation risk?. Governance Directions, 73(9), pp.364-373.
Jaeger, B. and Upadhyay, A., 2020. Understanding barriers to circular economy: cases from the
manufacturing industry. Journal of Enterprise Information Management.
Kitada, H. and Kokubu, K., 2022. Marui Group: Creating an Organisation Through Voluntary
Participation. In Emergent Responsible Management (pp. 55-65). Springer, Singapore.
Lapiedra, R., 2021. New Technologies for a New Organisation. In Change and Development in
Organisations (pp. 68-76). Routledge.
Nesterova, I., 2020. Degrowth business framework: Implications for sustainable
development. Journal of Cleaner Production, 262, p.121382.
Samson, K. and Bhanugopan, R., 2022. Strategic human capital analytics and organisation
performance: The mediating effects of managerial decision-making. Journal of Business
Research, 144, pp.637-649.
Shakeel, J and et. al., 2020. Anatomy of sustainable business model innovation. Journal of
cleaner production, 261, p.121201.
Turner, P., 2022. Complementarity in Organisation. In Complementarity in Organizations (pp.
173-201). Palgrave Macmillan, Cham.
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