Table of Contents
1.1 Explain different types and purposes of organizations; public, private and voluntary sectors, and legal structures.
1.2 Explain the size and scope of a range of different types of organizations.
1.3 Explain the relationship between different organizational functions and how they link to organizational objectives and structure.
2.1 Identify the positive and negative impacts the macro environment has upon the business operations of Tesco, supported by specific examples.
2.2 Conduct internal and external analysis of Tesco in order to identify strengths and weaknesses
2.3 Explain how strengths and weaknesses interrelate with external macro factors.
The business environment of a business must change according to recent global marketing. The demand for retail shops has increased day by day. For survival in the competitive market, the organization must invent various marketing Strategies. Innovative ideas are very important for running a business (Sorensen, 2015). In this activity, various types of business organizations are discussed. The marketing strategies which are important in running a business are also discussed in this activity. The objectives and structure of different types of organizations are also focused on this activity.
1.1 Explain different types and purposes of organizations; public, private and voluntary sectors, and legal structures
Different Types and Purposes of Organizations
Different types of organizations are greatly affected by human, physical, and financial resources. In order to perform well in the competitive retail market; pricing strategy, quality strategy, and marketing strategy are playing an important role. Mainly it is seen that the technological factors and government rules and regulations greatly affect the business. Customers are also one of the most important factors for an organization. The progress and development of a company rely on the satisfaction of the customers. Businesses can be defined as the financial activity of producing goods and services to satisfy the customers and earn profits. Anandarajanet al. (2015) stated that the business environment consists of different factors such as customers, resources, competitors, suppliers, distributors, industry trends, government rules and regulations, economy, population, innovation, and technology. According to Craig and Campbell (2015), there are mainly three types of organization and they are private, public, and voluntary, and their purposes are given as follows:
Government or government employment agencies operate public organizations. Tesco PLC is a public firm in the UK. The public companies drive their attention mainly in improving the conditions of the citizens and the country (Scheer, 2015). National Health Service is a public organization in England. Seema (2018) said that the key purpose of public organizations is to give different types of public services such as public goods and governmental services including military, public education, police, health care, and the working for government itself.
Our Recommended Resources:
Scheer (2015) disclosed that private organizations can be defined as the company which is operated by private individuals. Private companies can be subdivided into three types i.e., sole proprietorship, limited company, and co-operative firm. The key purpose of the private organization is to benefit the owner, investor, and shareholder of the business organizations.
Turret al. (2015) stated that the organizations which operate a charity, voluntary, and various communities are voluntary organizations. And these organizations are not operated for profit. Cancer Research is a voluntary firm in the UK. The key purpose of the voluntary organization is to benefit society and its people without any profit.
Legal structures of different types of organizations
Public organizations should be owned by the government where the directors provide proper direction to the business. The main decisions of the public organizations are made by the Chief Executive and other specialist managers to run the organization in support of the Board (Open Learn, 2018). This public organization is the legal body in its own right. The government mainly puts funds in public organizations by itself or from other ways…………………..