Comprehensive Report: Business Types, Structures and PESTEL Analysis

This report provides a comprehensive overview of different business types, organizational structures, and the impact of external factors on business operations. It begins by categorizing businesses based on their nature and liability, including micro, small, medium, and large businesses, with examples. The report then details various company types such as sole proprietorships, partnerships, limited liability businesses, public limited liability businesses, and cooperatives. Furthermore, it examines organizational structures, focusing on divisional and functional structures, and analyzes the impact of external factors using PESTEL analysis, with Marks & Spencer as a case study. The report concludes by summarizing the key findings and emphasizing the importance of understanding business types, structures, and external influences for effective business management.