Analysis of Business Organizations and Environment Report

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Added on  2023/03/16

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This report delves into the structure and environment of various business organizations. It begins by defining an organization and highlighting key business activities like finance, marketing, human resources, and operations. The report then explores different types of organizations, including sole traders, partnerships, and companies, outlining their characteristics, advantages, and disadvantages. It further discusses franchising and the role of franchisors. The report also analyzes the impact of technology, liberalization, globalization, and international financial markets on the business environment. Finally, it touches upon the influence of international culture on business organizations. The report provides a comprehensive overview of the business landscape and offers valuable insights into the dynamics of different organizational structures and their interaction with the external environment. The report also includes a list of references used for the study.
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BUSINESS AND BUSINESS
ENVIRONMENT
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Introduction
A group of people who have come together
for a specific purpose forms an
organization.
It is a formal structure which highlights the
role and responsibilities of the individual
working in it.
Finance, marketing, human resource and
operations are four major business
activities in the organization.
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P1: TYPES OF
ORGANIZATION
Sole traders: there is no separation
between the business and the owner.
The decision is made by a single person
liability is not limited
All the records have to be maintained and
the sole trader has to file the tax papers.
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Contd...
Partnership: Agreement in which two or
more parties come together for starting a
business of common interest.
parties are the partners who can be a
individual or other business organization.
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Contd....
Companies: A company has its individual
identity .
It has its own legal identity and seal.
In company there is limited liability.
Owners are liable for the amount they have
contributed.
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Contd...
Franchising: It is giving your own creative
idea to other company with your licence.
The other person the product but by using
your name.
The franchisor is the people who have sold
the licence of selling the product.
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P2: Size, scope of Organisations
Expansion of technology: With the advancement
of technology the boundaries in between the
countries has been removed.
Liberalization and globalization: The restriction on
the international boundaries has been removed.
International Financial Markets and Institutions:
Support from the financial market has helped the
common man to enter the business world.
International culture: We are now open to live in
diverse culture. This has allowed the people to
come and settle in different parts of the world
and start their own business organizations.
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REFRENSES
Azar, J., Schmalz, M.C. and Tecu, I., 2017. Why Common
Ownership Creates Antitrust Risks.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=29887
78
Lambert, S., Bassell, M. and Friedman, H.H., 2017.
Leadership in a Knowledge Economy: Building an Innovative
Marketing and Branding Organization (pp. 256-265).
https://digitalcommons.kennesaw.edu/cgi/viewcontent.cgi?re
ferer=https://scholar.google.co.in/&httpsredir=1&article=12
06&context=ama_proceedings
Williams, D., 2017. Richard Branson as a Global Magnate.
What to learn from him about Business.
https://www.grin.com/document/370638
Fernando, A.M., Nicholas, J.S., O'Brien, P., Shabani, H., Janabi,
M., Kisenge, P., Ellegala, D.B. and Bass, R.D., 2017. A new
source of nonprofit neurosurgical funding. World
neurosurgery, 98, pp.603-613.
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