Business Environment Report: Types, Purposes, Legal Structures

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This report provides a comprehensive analysis of different types of business organizations, including public, private, and voluntary sectors, detailing their respective purposes and legal structures. It examines voluntary organizations like Sports England, public sector entities such as JD Sports Fashion plc, and private sector companies like Admiral, outlining their objectives and legal frameworks, including sole proprietorships, partnerships, and corporations. The report further discusses the size and scope of these organizations, highlighting their objectives, marketing and human resource department, purchasing and R&D department, and organizational structure, including hierarchical and divisional structures. Additionally, the report explores the interrelationship between different organizational functions, such as marketing and human resources, and operations and marketing, emphasizing their linkage to organizational objectives and structure, with references to scholarly articles to support the analysis. Desklib provides access to this and other solved assignments for students.
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BUSINESS AND BUSINESS ENVIRONMENT
Explaining different types and purposes of organisations: public, private and voluntary sectors and legal
structures
The business organisation is the type of association, which develop by the entrepreneur in context to the
earning of higher benefits and profits. Below is the explanation of some types of the business organisation.
Public sector organisation- This is the type of business entity which is funded or run by the government
or public well-fare group, on behalf of the public (Usunier, 2018). This type of the business organisation
work for the public well fare and not make the profit for its own benefit. Such as the JD Sports Fashion
plc is the public sector organisation working for entertainment channels and broadcasting news.
Purpose- The purpose of the public sector organisation is public service, by utilizing the scare
resources.
Legal structure
Central- The organisation which manage the funds from income tax is called as the
central government public sector organisation (Gebauer, Haldimann and Saul, 2017).
Such as the JD sport is central government public owned organisation.
State- The type of entities use their power in specific area and meet the standards of
central government.
Local- The public organisation which get funding from the council tax is consider as the
local government public organisation.
Private sector Organisation- The company which is run and owned privately by the person or
group of the persons, is consider as the private sector organisation. This type of enterprise are the segment
of national economy which owned and controlled by the private individuals. Admiral is the private sector
organisation work in the different country to generate higher profit.
Propose- The main objectives of private sector organisation, like Admiral is British technology
company, propose is higher growth of the business to generate higher profit by serving the customers
effective household and styling products.
Legal structure
Sole proprietorship- This is the type of private organisation under which single person possess
the complete liability of organisation and responsible to manage all losses and profit (Eling and Schaper,
2017). Such as the freelancers, designers, copywriters, marketeers etc.
Partnership- The private organisation which own and control by two partners or more then the
two members, is consider as the private partnership business organisation. In this type of the organisation
partners are equally liable to their profit and loss. Admiral is the private limited company comes under this
type of organisation.
Corporations- This is the type of organisation which declares as the separate legal entity directed or guide
by the officers, such as by the board of directors. This is the type of most advantageous way to start the
business. Such as the Admiral is one of the leading corporation in the world.
Voluntary organisation- This is the type of organisation which is run by the groups of
voluntary individuals is Sports England (Moktadir and et. al., 2020). This type of
organisation are also consider as the non profit organisation. Under this individual enters to
the agreement of unpaid working. Examples are NGOs and Charities.
Purpose- The main goal of voluntary organisation is social welfare, focus and
working on the development of society and growth of society. It focus on creating good
social impact.
Legal structure
Trust- This is the type of voluntary organisation, which not consider as the legal
entity and the funding for the organisation is can be done by trustees.
Unincorporated Association- This is the type of organisation which is made
with the legal association of two or more peoples, with the purpose of social welfare.
Examples are professional associations and environmental groups (Kozielski, 2017)
P2. Size and scope of different organisations.
In the competitive world, management operates business with the help of
encouraging the sections in respect to accomplish high terms. As there are diverse
management that posses to be different in the sizes as per to the process or arrangements to
reach towards the aim. In relation to current report, three management combined with the
scope and size that are as follows -
Public organisation
Size – JD sports has recruited large workers that involves of more than 500
workers who are performing for them to provide several facilities in maximising
consumers satisfaction. They provide facilities in terms to social care, education and varied
other (Tredinnick, 2018)(Antonescu, 2018).
Scope - Such management has scope for functions extended by adapting
digitalisation tools to offers rapid terms of facilities to individuals who are living inside or
outside the national boundaries.
Objectives - The objectives of JD sports is to eliminate the issue and develop
effective dealings. The management has varied term of aims to offers directions to their
general public by developing more values by recognition of innovations.
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In a business organisation, all the departments are interrelated with each other and success
depends on that only. In context with chosen company, it is a largest technological
company whose main purpose is to generate profits and maintain good coordination and
communication within the business firm and its related departments. In accordance with
Dyson, it is being explained below: -
Marketing and human resource department: - On the basis of chosen company,
the department of marketing is interrelated with HR sector because they are
indulged with the functioning of hiring and it is completely based on the
promotional activity of marketing because their main focus is on vacancies so that
candidates could apply for the job and hire best people as possible. It ultimately
helps in achieving the business objectives within the specific period of time
(Salamon and et. al., 2017).
Purchasing and R&D department: - In accordance with this, market expansion is
based on the quantity and marketing research of specific products. In terms of
expanding the market share, Dyson emphasised on their research team.
Organisational structure: -
Hierarchical structure: - It is defined as the type of organisational structure in
which authority could be divided in accordance with the hierarchy that moves
from upward to downward. On the basis of this, targets could be achieved
efficiently because everything is done by following a hierarchy.
Divisional structure: - It is described as a designing of the organisation in which
all sectors are divided into small groups. In context with this, functions are
organised on the basis of geographical area, market and many more. In relation
with Dyson, they could follow divisional structure, as it would help them in
efficiently understanding about all the tasks and accomplishing the objectives.
Private organisation
Size - Admiral has size of 15 super centred fields, 10 living outlets and many more where approx
15000 candidates who are working functional sections to offers goods such as sports wear with facilities
that are connected to financial facilities.
Scope - Management group recruit skilled and unskilled person those who have abilities to present several
action and social control of new activities by utilising advanced tools that extent managerial scope to
present actions as effectively (Schaltegger, Hörisch and Freeman, 2019). It offers facilities that are linked
with providing economical terms of facilities.
Objectives – The fundamental objective of Admiral is to meet the consumer demands and desires through
their sportswear material. It have purpose to offers goods and facilities in reasonable cost to influence
consumers and also acquiring present one.
Voluntary organisation
Size – Sports England have established varied stores involves 500 specific outlets that are related to the
sportswear and varied other. It involves many more that has more than 5000 products that are maintained by
approx 20000 volunteers as across to the world.
Scope - The management make human centred facilities in approximately 10 countries. It can
extend the scope by following new facilities in their broad term of position that can extend satisfaction of an
effective consumers (Venkatesh, Mathew, and Singhal, 2019). It offers several facilities in respect to
increase the value of sports in an effective and efficient manner.
Objectives – The objective of Sports England is to eliminate the issues and the conflicts by
supplying safeguarding of the facilities and services of globalisation.
TASK 2
Explain the relationship between different organisational functions and how they link to organisational
objectives & structure
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Interrelationship of functions of Admiral with linkage to objectives addition to
structure as as mentioned:
Marketing function with human resource function – Marketing operation
maintains the tactics and planning that advances the brand goodwill in the field of
internation market. They evaluates the market condition that are linked with
consumer demands, prevailing trends as per to the actions that will support the
human resources operations. Marketing operations of Admiral maintains the
actions that will supports the human resource operations (Héroux and Fortin,
2018). Human resources operates and gather the data that are connected with the
demands of the consumers. As there are varied activities that are relates to the
consumers demands in terms of the marketing divisions that are the collection of
the actions with the help of human resource division so to accomplish the aim the
aims in an efficient way. As per to the relation of the marketing operation that are
connected with the structure and aims of the business in varied manner as they
offers social directions to present activities.
Operation function with marketing function – Operational functions will deals
with the warehouse sections of the business, distribution of the products,
production and manufacturing or packaging of the products. Admiral is linked
with the supervising and redesigning of the functions by which the production
actions are carried out in an effective manner with no restrictions (Figge and
Hahn, 2021). Such operations of Admiral gathers the data that are linked with the
demands or supplies of the products that are undertaking with marketing
operations. All the actions are set by measuring the strategies and the plan of
actions with the motivate to accomplish the demands in an effective and efficient
manner.
REFERENCES
Antonescu, D., 2018. Are business leaders prepared to handle the upcoming revolution in
business artificial intelligence?. Quality-access to Success. 19(166).
Dal Mas, F., and et. al., 2021. Translating knowledge in new entrepreneurial ventures: the
role of business plan development. VINE Journal of Information and Knowledge
Management Systems.
Eling, M. and Schaper, P., 2017. Under pressure: how the business environment affects
productivity and efficiency of European life insurance companies. European Journal of
Operational Research. 258(3). pp.1082-1094.
Ermasova, N., 2021. Cross-cultural issues in business ethics: A review and research
agenda. International Journal of Cross Cultural Management. 21(1). pp.95-121.
Figge, F. and Hahn, T., 2021. Business-and environment-related drivers of firms’ return on
natural resources: A configurational approach. Long Range Planning. 54(4). p.102066.
Fomina, E.A., Khodkovskaya, J.V., Fazrakhmanov, I.I. and Barkova, E.E., 2021. 15
Harmonizing the Interests of the State and Business in Stakeholder Management.
In Industry 4.0 (pp. 133-140). De Gruyter.
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