PRIMARK Business Environment: Types, Scope, Size & Legal Aspects

This presentation provides an analysis of PRIMARK's business environment, focusing on various aspects of the organization. It begins by outlining different types of organizations, including public, charity, cooperative, private companies, sole trades, partnerships, voluntary, and legal entities like private limited companies. The presentation further evaluates the scope and size of organizations, classifying them into small, large, and medium-sized firms, and highlights key elements such as market share and profit ratios. Finally, it differentiates between franchisee and joint venture models, explaining their respective characteristics and benefits. The presentation concludes with a list of references used in the analysis. Desklib provides a platform for students to access this and many other solved assignments.

Business and Business
Environment
(P1 and P2)

INTRODUCTION.
This presentation is based on the PRIMARK
and it is a leading company of the United
Kingdom.

Types of organisation.
 Public Organisation.
 Charity.

Types of organisation.
 Public Organisation.
 Charity.

Continued...
Cooperative organisation.
Private company.
Sole trade.

Continued...
Partnership.
Voluntary organisation.
Legal organisation.
Private limited company.

Scope and size of organisation.
Classification of organisation can be evaluated on the basis of size of
the enterprise such as the large, small and medium-size firms. There
are various elements help in analysed scope and length of company
like market-share, firm profit ratios is also major factor in understanding
it. There are various types of company, that are described as under;
Small size company.
Large scale organisation.

Difference between franchisee
and joint venture
Franchisee: In this one party can use the
name of parents company in its business
operation to fulfil the demand of customer and
earn effective profit.
Joint venture: It is legal agreement between
two companies to achieve the goals and
objective together. In it both organisation share
each other assets to meet their target.

REFERNCES
Worthington, I. and Britton, C., 2015. The business environment. Pearson
Education Limited.
Sekaran, U., 2006. Research methods for business: A skill building approach.
John Wiley & Sons.
Palmer, A. and Hartley, B., 2008. The business environment. McGraw-Hill.
Need, W.C.D.H.P., 2006. Human resource management: Gaining a competitive
advantage.
Teece, D.J., 2010. Business models, business strategy and innovation. Long
range planning. 43(2). pp.172-194.
Chumpitaz Caceres, R. and Paparoidamis, N.G., 2007. Service quality,
relationship satisfaction, trust, commitment and business-to-business
loyalty. European journal of marketing. 41(7/8). pp.836-867.