Report on Business and its Environment: Tesco, M&S, and NHS Analysis

This report provides a comprehensive overview of the business environment, focusing on private, public, and voluntary organizations. It delves into legal structures such as sole proprietorships, partnership firms, companies, and voluntary trusts, highlighting their characteristics and implications. The report includes case studies of Tesco, Marks and Spencer's, and the NHS, examining their size, scope, and functions. It further analyzes the relationship between various departments within Marks and Spencer's, such as finance, marketing, and human resources, emphasizing the importance of efficient communication and employee management. The analysis is supported by relevant references, providing a robust understanding of the concepts discussed. Desklib offers a wealth of similar resources for students seeking academic support.

BUSINESS AND
BUSINESS
ENVIRONMENT
Task 1

COVER CONTENT
 INTRODUCTION
 Private Organisation
 Public Organisation
 Voluntary Organisation
 Legal structure
 TESCO
 M&S
 NHS
 Department in M&S

INTRODUCTION
 All those factors the affect the environment of business and which
cannot be controlled by the organisation are known as Business
Environment.
 These factors include all the internal and external forces that
influence the growth, survival end expansion of business in a given
market

PRIVATE ORGANISATION
 Every company is formed with the aim to generate profits out of it
in order to survive, grow and expand in future.
 This type of institution has minimal government intervention.

PUBLIC ORGANISATION
 The aim of this company is also to earn profits but it distributes the
profits earned to its shareholders in the form of dividends.
 It is formed by issuing an IPO to general public.

VOLUNTARY
ORGANISATION
 Its main purpose is to help people and works for the welfare of the
society.
 It can be both a government institution or a private non profit
organisation.

LEGAL STRUCTURES
 Sole proprietorship
 Partnership Firm
 Company
 Voluntary Trust

SOLE PROPRIETORSHIP
 It is owned and managed by a single person.
 The start up cost for this type of business is very low.
 Since no other person is associated with it the liability of the owner
is unlimited i.e. Even his personal assets can be used to pay the debt
of creditors.

PARTNERSHIP FIRM
 In this two or more persons come together in order to share the
profits of business.
 In this either both or any one partner bring the capital to start it.
 All the partners in the partnership firm are equally responsible for
the liability of the firm.
 To ensure that there are no issues relating to the work, responsibility
and sharing in profits a partnership deed is signed and registered.

COMPANY
 Any body of corporate formed with a view to distribute the profits
among its shareholders and registered under the companies act is
known as Company.

VOLUNTARY TRUST
 Here there is no restriction on minimum and maximum number of
members.
 The members come together to serve the society and its people.
 It can either be an independent trust or in tie up with a government
body.
 There is no legal and government involvement in these type of
trusts. NHS is trust formed to treat both critical and non critical
residents free of charge.

SIZE AND SCOPE OF
ORGANISATION
TESCO,
Marks and Spencer's
NHS.