Premium Essay

Purpose of Organisation

In: Business and Management

Submitted By kitu19
Words 7676
Pages 31
Table of Contents Task 1 2 Different types of organizations and the purpose 2 1.1 Purpose of organization 2 1.2 Meeting Stakeholders objectives 4 1.3 The responsibilities that the Sainsbury organization has and the strategies they employ to meet these responsibilities. 6 Task 2 8 2.1 Different economic systems and resource allocation 8 2.2 Impact of fiscal and monetary policies in Business Organization 11 2.3 Impact of Competition policy and other regulatory mechanisms on the business 12 Task 3 14 Behaviour of Organisation in the Market Place 14 3.1 Market structure to determine the pricing and output decisions of businesses 14 3.2 Market forces shape organizational responses 15 3.3 The business and cultural environments shape the behaviour of an organization 16 Task 4 19 4.1 The significance of international trade to UK business organizations 19 4.2 The impact of global factors on UK business organizations 21 4.3 The impact of policies of the European Union on UK business organizations 25 Conclusion 28 References 29

Task 1
Different types of organizations and the purpose
1.1 Purpose of organization
Before we learn about the types of organizations, we need to learn the basic purpose of setting organizations. The main purpose of organization is to provide a pathway to their business setup and to set the main objective for their business. Organizations help in making profit in a standard way. The different purpose of organizations helps in building the structure of company. Different types of organizations
There are three types of organizations in business field. We will discuss each one by one. * PLC (Public Limited Company) - It is headed or guided by the government for the benefits of citizens. The main source of finance of public sector is the taxes that are paid by people. The main aim of public sector is...

Similar Documents

Premium Essay

Identify the Purposes of Different Organisation

...|Athena Davidson |61 Douglas Road Handsworth Birmingham West Midlands B21 9HG | | |07852411251 | 0726144691 | | | | | || Car Owner | Personal Statement |I am a keen, hard working individual with great communication skills and time keeping management. I have a strong | |willingness to learn and have the flexibility to adapt within a challenging and changing environment. I strive to achieve | |my full potential and dedicate 100% of my commitment in any opportunity presented to me. I have also gain a lot of | |experience in a variety of area of work through various agencies | Skills |excellent communication | |excellent listening | |excellent learning | Work Experience Careerlink ...

Words: 460 - Pages: 2

Free Essay

Identify the Purpose of Different Types of Organisation

...An organisation is a formal structure of relationships, responsibilities and authorities through which specific objectives are achieved. 'A work organisation is a social arrangement for the controlled performance of collective goals' (Buchanan and Huczynski, 2004). Purposes of different types of Organisation: Business organisations: To make a profit in a socially standard way. For example: Airlines, Fast food. Non-profit service organisations: They want to help to all of people without any profit. For example: NHS, Universities. Mutual-benefit organisations: Individuals join together to pursue their own self-interest. For example: Clubs, Trade Union. Commonweal organisations: They provide service to all members of a given population. For example: Fire Service, Police. Organisations by their intended purpose: Purpose Primary beneficiary Examples Business Owners Manufacturers, Fast-food, Restaurants Non profit services Clients Universities, Hospitals Mutual-benefit Members Unions, Clubs Commonweal Public at large Police, Public schools Classifying Organizations: Sector classification: Private enterprise organisations: A "private sector" organisation is one that is owned and controlled by private individuals, not the government and usually exists to make a profit for its shareholders. Public sector organisations: A "public sector" organisation is one that is controlled......

Words: 2322 - Pages: 10

Free Essay

Understanding the Purpose of an Organisation and Its Operating Environment.

...3HRC Understanding the purpose of an organisation and its operating environment. 1.1 Describe the purpose and goals of an organisation Network Rail (NR) own and run the railway infrastructure; the tracks and equipment needed so that the people who do run the trains – Train Operating Companies (TOCs) / Freight Operating Companies (FOCs) – can keep their trains going. NR are responsible for maintaining the infrastructure, signaling, timetabling and providing everything the TOCs and FOCs need to keep an increasing number of trains moving safely. NR was a private company and in September 2014 NR was reclassified to the Government’s balance and are now an Arm’s Length Body of the Department for Transport. NR operated as a government-owned company and the public member governance structure. NR are structured as a “not for dividend” ‘company limited by guarantee’ which means we don’t have shareholders. As NR operates in the Public sector there are 46 members drawn from the general public whose job it is to hold the Board to account. The Department for Transport is also a Special Member with certain powers under our constitutional documents. All NR money comes from public funding in five year blocks, network access charges (payments from train and freight operating companies to use our network) and from commercial property rent. This means that it’s the view of our passengers, customers, partners, the Government and the regulator. Diagram above shows a lot has happened......

Words: 1120 - Pages: 5

Premium Essay

Identify the Purposes of Different Types of Organisation

...Identify the purposes of different types of organisation Introduction Organisation is a formal systematic structure of relationship, responsibilities and authorities through which specific objectives are achieved. In the context of business it is an organized group of people with a particular purpose. Forms of business organisation Almost in every country consists of two business sectors, the Private sector and the Public sector. Private sector businesses are operated and run by individuals or a group of people while public sector businesses are operated by the government. The types of businesses present in a sector can be varying. Private Sector 1. Sole Traders Sole traders are the most common form of business in the world, and take up as much as 90% of all businesses in a country. The business is owned and run by one person only. Even though he can employ people, he is still the sole proprietor of the business. These businesses are so common since there are so little legal requirements to set up: • The owner must register with and send annual accounts to the government Tax Office. • They must register their business names with the Registrar of Business Names. • They must obey all basic laws for trading and commerce. • There are advantages and disadvantages to everything, and here are ones for sold traders: Pros: • There are so few legal formalities are required to operate the business. • The owner is his own boss, and has total control over......

Words: 1961 - Pages: 8

Premium Essay

Identify the Purposes of Different Types of Organisations

...have reasons of wanting to create their own business, as some seek to make more money, some may look at having a flexibility in life and others may consider having their own business due to job loses. In this context, will assume, due to the many years of experiences and skills that has been acquired as a manager for a large multinational chain business enhances the need to own a business and make money by implementing those skills has be necessary. Owning a business can provide more reward in life, but requires careful planning to succeed, therefore the need to take into account certain decisions for the business to function to be able to reach it's targeted audience for market niche. “organisations need a great many decisions to be made. Decisions are required so that an organisation can function,adapt,progress and take advantage of opportunities and overcome crisis”(Jennings&Wattam,decision making,1994,1998,pge2) In a proposed given managerial activities in a production environment are three major concepts, that needs to be implemented for a successful function in a business and these are know as, strategic planning, tactical planning and operational planning. Strategic (or long-term) decisions is of relevance to production area with importance to interactions with other functional areas in which products to be produced, at which cost, quality, quantity to be delivered and the flexibility to compete are made by the top level managers to affect and to shape......

Words: 1387 - Pages: 6

Premium Essay

Identify the Purpose of Different Types of Organisation

...1.1 Business Processes and Business Functions The set of activities which are designed to produce the product for a specific market or customer. It involves a great importance how work should be done with in the organization and comparing with the product focus. In the process both input and out put will be clearly defined to achieve the objective. The process will create value by converting the input in to valuable output. To conduct a business activity effectively there are eight business processes that were identified to conduct a business. With in the process there will be a business functions that describes the activity of the firm in producing product, service or achieve objective. In skin care business process the process begins with input procurement and ends with service after sale of the product or service. The eight processes are grouped into two types one is core business process and the other is support business process. Core Business Processes The core business processes includes * procurement, logistics and distribution in this the input will be obtained from various sources and stored it for further production, the finished product will be stored and supplied to the customers for their end use * Operations that is the activities will be transformed in to final product * Product development, here the existed product will be improved based on the feed back of the customer or through research for this the marketer will analyze the market and...

Words: 1864 - Pages: 8

Premium Essay

Identify the Purpose of Four Different Businesses Organisations

...In this piece of writing I will be exploring all types of businesses there is. Businesses such as Sole Traders, Public Limited Companies and charities etc… I will write about what features there are and give examples as well. Sole Traders Sole trader is a business which is controlled and owned by one individual person. It is the smallest type of business there is. The owner is responsible for all decisions, debt and profit. The owner receives all profit in the company. Many of the decisions can be made quickly and easily making it simple to manage and organise. There are also many disadvantages; it is unlimited liability therefor if the company becomes bankrupt, the owner loses everything: his/her house, car and any other possessions that seems to pay off the debt. The business will also have low assets seeing as it is a lone trader. He/she will have no investments which other companies have, less backing from the government meaning fewer funds. These types of businesses are very small. Many multi-millionaire businesses have been started from sole trading, the most well-known traders who have become massive business tycoons are Lord Alan Sugar and Duncan Bannatyne. Such examples of sole trading businesses are DIY, plumbing, electric work etc… Partnership A partnership is a business which is owned but 2 or more people. Partnerships are made after signing a contract or deed which states how much profit each partner will get. Each partner will have a separate......

Words: 1219 - Pages: 5

Premium Essay

Explain How Their Style of Organisation Helps Them to Fulfil Their Purposes

...P4 - Explain how their style of organisation helps them to fulfil their purposes By Daniyel Hircock Above shows Apple’s organisational chart. Though not a clear cut hierarchy, it is certain that Steve Jobs used to be top of the company. Having him on top of everything else was one of the major factors that Apple did so well as a company. Steve Jobs was the inventor who was always praised for how well he handled his employers. After his passing, however, Timothy Cook has taken over. Cook knows he has a hard position to uphold and is not attempting to come up with new things to keep Apple ahead of its monopolies and ensure they continue to have a good reputation as well as making a huge profit. Because the chain of command would be far too much responsibility and varied for one person, the power is distributed out amongst different directors and heads of different sectors. Steve Jobs would employ people in different sectors to make serious decisions depending on what they’re strengths are. He delegated people to different positions so that Apple would have experts in every subdivision. Apple would be nothing without their loyal customers who worship the company. Because the company is exclusive, things such as a new store opening attracts fans from all around the world. Apple ensure that whatever they do is done at the biggest and best it can be but insist to give away as little as possible information about new projects. This secrecy manages to keep the exclusivity......

Words: 732 - Pages: 3

Premium Essay

P2 Describe the Different Stakeholders Who Influence the Purpose of Two Contrasting Organisations. ]

...Stakeholders P2 describe the different stakeholders who influence the purpose of two contrasting organisations. ] Big business Nike Stake holders are person, group or organization that has interest or concern in an organization. Stakeholders can effect or be affected by the organization’s actions, objectives and policies, some examples of key stakeholders are creditors, directors, employees, government ( and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources. Types of stakeholders: • Owners • Managers • Employees • Customers • Government • Community • Suppliers Owner is an individual who owns a business entity in an attempt to profit from the successful operations of the company and they have to be the one who’s making the decisions in Nike stores. Manager; a manager is an individual who is in charge of a certain subset of the company. A manager often has a staff of people who report to him or her. A manager sets objectives, organises, motivates, communicates and develops staffs. An example of a senior manager in Nike is a director who ensures the business is running in place with no error this is done by having meetings with the head and staff. Customers are individuals or organization that a marketer believes will benefit from the goods and services offered by the marketer’s organisation .Customers want low-priced, good products. Modern customers also have high expectations of......

Words: 311 - Pages: 2

Free Essay

Unit 1 P1 Describe the Type of Business, Purpose and Ownership of Two Contrasting Organisations

...P1 Describe the type of business, purpose and ownership of two contrasting organisations. RSPCA The RSPCA is a charity. The RSPCA (Royal Society for the Prevention of Cruelty to Animals) is an organisation that prevents cruelty to animals. It was founded in a London coffee shop 1824. It was originally called the SPCA (Society for the Prevention of Cruelty to Animals) until in 1837, when Queen Victoria allowed permission for the organisation to add the ‘R’ for the symbol of Royal patronage to be displayed in 1840. The RSPCA is a PLC (Public Limited Company). Two years before the RSPCA was founded, the ‘Martin’s Act’ was created in 1822; this was the first animal welfare law that forbade ‘the cruel and improper treatment of cattle’. In 1835, the ‘Pease’s Act’ was created; this allowed the prohibition of cruelty to cattle to be extended to dogs and other domestic animals. This act also saw that ‘Bear-Baiting’ and ‘Cock-fighting’ were forbidden and also insisted on better standards for slaughter houses. Since being founded the RSPCA has made sure that; laws have been made for lab animals, fur farming in the UK has been abolished and the ban of fox hunting with dogs as well as the Animal Welfare Act. The RSPCA is a founded company that is improving the welfare of animals. ‘It’s our vision to work for a world in which all humans respect and live in harmony with all other members of the animal kingdom.’-......

Words: 890 - Pages: 4

Premium Essay

Unit 1- P3 and P4 How Businesses Are Organised and How the Style of Organisation Helps to Fullfil the Purpose

...P3- How businesses are organised. and P4- How the style of organisation helps to fulfil their purposes. My two organisations are H&M (profit-making) and MAA (non-for-profit), as researched in Task 1. The purpose of having an organisational Structure: Division of work: * Division of work is essential in any type of organisation, big or small, everything has to be organised and carried out with care. H&M is a very large international business, therefore a lot needs to be completed and managed, as any ‘slip-up’ could cost the business a lot of money. Dividing up the work between the departments will mean that all the tasks that need to be completed, are done so with great detail and to a good standard in required time to keep the business at the peak of its success. An example in H&M would be, that every department has a deadline by which they have to have done their part of year report for the Annual Report, so all the departments are doing different tasks and writing about their year, but in the end it’s put into one big annual report to be used as progress check and presented to some of the stakeholders such as the shareholders and the head office. MAA is described as a medium sized business; yet the work is still divided between the departments so that all tasks are completed on time and up to a good standard, the difference is that there is much less staff in each department and some staff have more than one type of responsibility within the......

Words: 3610 - Pages: 15

Free Essay

An Explanation of How the Style of Organisation Helps Bishop Stopford’s School and Hick’s Farm Fulfil Their Purposes.

...The style of organization of both businesses differ greatly as they both organizations operate in different sectors and are in place for different purposes. Hicks farm operates in the private sectors with the main objective of profit. Hicks farm has a flat organizational structure where only two general managers have control over all other employees. Bishops stopfords school is a public sector business which has an objective of providing qualifications to young people. The school has a tall organizational structure which have an abundance of managerial roles including heads of departments and assistant head teachers. Missions and values This conveys the values and overall aim of the business and highlights what it was set up to achieve . This is communicated to the different stake holders of the business including its owners, employees and customers, usually summarized in a mission statement. As bishops stopfords is a public sector business they would set their overall aim in relation to government standards which is achieving 5 A*-C grades at a GCSE level enabling student to go on to higher education. This is overall the main aim of the school but however as founded as a Christian school they school still aim to transmit Christian values such as forgiveness togetherness and peace which staff work very hard to achieve below we can see the mission statement for bishops stopfords “This is a school where academic performance is central to all we do, but we also seek to......

Words: 944 - Pages: 4

Free Essay

How Two Business (Transport for London (Tfl) an Organisation in the Transport Industry, and One Touch Leisure Centre) Organise Themselves in-Order to Achieve the Businesses’ Purpose

...For this assignment I’ll be describe how two business of my choice (transport for London (TFL) an organisation in the transport industry, and One touch Leisure centre) organise themselves in-order to achieve the businesses’ purpose – the business’ reason for existence. In-order for any to achieve its purpose or to make progress, planning is essential to ensure success, strategic planning is planning that is generalised to the whole organisation, it is therefore central to the organisation as it provides direction, by the setting out of the business’ aims and the methods as well as resources that will be used to achieve it. As transport for London (TFL) hopes to provide the best service possible to its customers, and One touch Leisure centre – making profits and leading the market, they both have aims and objectives as a result of strategic planning to ensure success. Transport for London (TFL) One touch Leisure centre Aims: To employ a more diverse workforce as London is one of the most diverse cities in the world. Develop high frequency services to all customers (Londoners). Provide a higher quality of customer services. Substantially reduce crime rate (damage to TFL property and assault to customers). Ensuring that all customers can easily get around London. To increase profit and use of one touch in community Promote one touch leisure centre within the community To get more people more active, more often. Objectives: Provide a greater human......

Words: 2340 - Pages: 10

Premium Essay

Hr Practice

...Unit title Level Credit value Unit code Unit review date Understanding Organisations and the Role of Human Resources 31 4 3HRC Sept. 2011 Purpose and aim of unit This core unit provides an introduction to the role of human resources and learning and development (HR/L&D) within an organisation and the environmental context. By the end of this unit the learner will have developed their understanding of how HR activities support an organisation’s strategy and assist the achievement of business objectives and how these are shaped by internal and external factors. This unit is suitable for persons who:  are aspiring to, or embarking on, a career in HR/L&D  are working in the field of HR/L&D in a support role and wish to develop their knowledge and skills  have responsibility for HR/L&D activities and decisions within an organisation without a specialist function  are employees or independent consultants within the field of HR/L&D  wish to understand the role of HR/L&D in the wider, organisational and environmental context. Learning outcomes On completion of this unit, learners will: 1 Understand the purpose of an organisation and its operating environment. 2 Understand the structure, culture and functions of an organisation. 3 Understand how HR activities support an organisation. 1 Equivalents in Ireland = 5; Scotland = 6 CIPD unit 3HRC - Version 2 - 17.03.10 1 Unit content Indicative content is provided for each of the learning...

Words: 1846 - Pages: 8

Premium Essay

Unit 1 the Business Environment

...Faculty: Business and IT Exeter College BTEC Assignment Brief |Course Title: BTEC 90 Credit Diploma in Business/BTEC Certificate in | | |Business | | | | | | | | | | | | | | | |[pic] | | |[pic] | | | | |Assignment......

Words: 1021 - Pages: 5