Business Environment Analysis: Morrison's Report - UK Retail Sector

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Added on  2023/04/05

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This report examines the business environment of Morrison's, a major retail supermarket chain in the United Kingdom. It begins with an introduction highlighting the importance of micro and macro factors in influencing a business's operations, structure, and culture. The report then categorizes different types of business units, including private, public, and voluntary organizations, providing examples such as the National Health Service and the British Heart Foundation. It differentiates between public and private limited companies, outlining their characteristics, objectives, and regulatory frameworks. The report references various sources that discuss the business environment, corporate social responsibility, firm financing, business intelligence, and innovation. Overall, the report analyzes the different factors that impact Morrison's business environment.
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Business and the Business Environment
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Introduction
Business environment played a prominent role in the
success of any business unit.
There are micro and macro factors which affects the
business operations of an organisation.
It also influence company structure and its culture in the
long run. These factors can be economical, technological,
legal and so on.
This report is based on Morrisons which is a retail super
market chain in United Kingdom.
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Task 1
There are different types of business unit which having
different purposes and objectives according to their size and
scope.
These organisation can be private, public, partnership and sole
proprietorship. There are different types of firm's as given
below:
Private organisation
Public organisation
Voluntary organisation
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Public organisation
Name of Organization
National Health Service is a public company so it should be
managed and operated by Board of directors who are selected by the
shareholders in the annual general meeting.
Size and Scope
The size and scope also large comparison with private corporation.
This kind of firm's are listed in the London Stock exchange of the
country, so that they have to follow according to the company's act
of United Kingdom.
Purpose
The main objective of these organization is to provide quality
healthcare services to the public interest.
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Voluntary organisation
Name of Organization
These entities can involved British Heart foundation which is one of
the largest charitable trust in United Kingdom. These types of
organisation developed to promote the social interest.
Size and Scope
The size and scope of such entities are depends on the operations. In
the context of British Heart Foundation is quite large as compare to
other voluntary organizations.
Purpose
This entity main motive financial and other support to the scientists
and other researchers for the research in the field of heart.
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Size and scope of a range of different types of
organisations
There are different types of organisation which having it own
size and scope and purposes such as
Public company
Private company
Voluntary organisation
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Private limited company:
In this types of business entity all the commercial activities
are done by one person or group of people.
Iceland Foods is private company which operate their
business in UK.
There is minimum interruption of government in this kind
of organisation form.
Private company is controlled by the directors and the all
the rules of private are drafted in the Article of association.
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Public limited company
In this types of organisation structure the corporation tax body
pay 20 percent in business enterprise and must be registered
under the country company act.
National Health Service is government owned public company
which provide health care services to the public.
Earn maximum profit and win marketing competition is main
objectives of this organisational structures.
Public company is also controlled by the board of directors
and these directors are selected by the shareholder in the annual
general meeting by passing a resolution.
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References
Carroll, A.B. and Shabana, K.M., 2010. The business case for corporate social responsibility: A
review of concepts, research and practice. International journal of management reviews. 12(1).
pp.85-105.
Chavis, L.W., Klapper, L.F. and Love, I., 2011. The impact of the business environment on young
firm financing. The world bank economic review. 25(3). pp.486-507.
Chen, H., Chiang, R.H. and Storey, V.C., 2012. Business Intelligence and Analytics: From Big
Data to Big Impact. MIS quarterly. 36(4). pp.1165-1188.
Craig, T and Campbell, D., 2012. Organisations and the Business Environment. Routledge.
Giesen, E., Riddleberger, E., Christner, R. and Bell, R., 2010. When and how to innovate your
business model. Strategy & Leadership. 38(4). pp.17-26.
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