BMP3002 Business in Practice: Analysis of Company Types and Structures
VerifiedAdded on 2022/11/29
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AI Summary
This report provides a comprehensive analysis of various company types, ranging from micro to large enterprises, and their functions, using Tesco as a reference point. It explores different business forms, including sole traders, partnerships, private and public limited companies, and cooperative associations, detailing their characteristics and providing examples. Furthermore, the report discusses business organizational structures such as functional, divisional, and matrix structures, highlighting their impact on business productivity. Finally, it examines external factors affecting businesses through a PESTEL analysis, covering political, economic, social, technological, environmental, and legal influences.