Free Essay

• Understanding the Organisational Purposes of a Business

In: Business and Management

Submitted By laurend92x
Words 1544
Pages 7
The objectives and culture of organisations have evolved over the years and in order to understand the purposes of businesses it is necessary to examine several components. This section will firstly, identify different types of organisations and the varying purposes they hold. It will then progress to explain the extent to which an organisation meets the objectives of various stakeholders, an example will also be included here to help illustrate this. Consequent to this, this section will also explain the responsibilities of an organisation and strategies adopted by the firm to ensure it meets them.
• Identify the purpose of different types of organisation
There are numerous types of organisations and every organisation will vary to suit the needs of the individual and the business type. A sole trader is an individual who sets up, controls and provides for their own business. They may throughout time look into employing other people however the individual will be the sole owner. The sole trader will have unlimited liability and they will be the exclusive decision maker and fully reliable for any debt that may occur throughout the full business lifespan. A sole trader organisation will have strong relationships with their clients as there likely to have a smaller cliental. However being a sole trader has its disadvantages and one of them is the lack of cover if the owner is off sick or wanting holidays, which means the organisation is likely to stop trading during this time resulting in no income for the duration of this.
A Partnership is an organisation which is owned by two or more individuals associated for the main purpose of the profession. The business will be running as self-employed but all partners must share the responsibility of success or failure of the business. The partners will have set up an agreement ‘Deed of Partnership – a legal document formalizing the agreement and financial arrangements between the parties that make up a partnership’ (qfinance.com). The Deed of Partnership generally contains all information relevant between the relationship of the individuals, i.e. amount of capital each partner will provide and how profits are split. The main reason for setting up a Partnership will allow there to be more capital available to start up and also a more varied combination of skills. Being a partnership will also spread the risk across the partners so if the business does fail there are more people to share the debt with.
Another type of an organisation is a charity; these will have different aims and objectives. The charities aims and objectives usually sum up the issue that they are attempting to tackle or provide for. Many charities will have a key mission statement that describes their aim. Using their mission statement will allow them to produce specific objectives that lay out how they will achieve their aim. The main objective of a charity organisation is supporting there group that they are trying to raise funds for. A charity is different from most other organisations as they are non profit and all funds raised will go towards their cause. A charity relies hugely on volunteers and also the community to let their fundraising become successful.
• Describe to the extent to which an organisation meets the objectives of different stakeholders
‘A stakeholder is any individual or organisation that is affected by the activities of a business. They may have a direct or indirect interest in the business, and may be in contact with the business on a daily basis, or may just occasionally.’ (tutor2u.net)
To help illustrate this, the below information is regarding Tesco and how they go about meeting the objectives of their Stakeholders.
Customers are a major stakeholder for Tesco. ‘Customer Question Time meetings are invaluable. Colleagues hear customers' views on everything from how we are serving them in our stores to our role in the community.’ (tesco-careers.com) To ensure that Tesco meet there objectives they hold Customer Question Time (CQT) meetings which allow store and head office staff to hear customers feedback from all their stores around the world. Tesco organising this gives all employees the opportunity to identify and respond to their customers needs as these are changing more and more every day. From a recent feedback session Tesco discovered that they need to have a better understanding of their disabled customers shopping needs, their requirements for parking spaces in their car park and also the need to train their staff on how to recognise and provide assistance on their disabilities. To help get a better understanding of this they have organised CQTs hosted by disabilities organisations each quarter.
Another huge stakeholder is their employees. These are the faces that customers are dealing with day in, day out. The employees are interested in the continuation and growth of the organisation as they need the security of income along with happy and safe working conditions. Employees have a major impact on the success of Tesco, they will need to ensure that they keep their staff highly motivated ensuring that the employees provide the best service possible at all times. Motivated employees will be far more productive, offer a better service, work as a team and also have more ideas. To ensure that employees are happy within the workplace Tesco offer Staff Question Time and Staff Forums. Annually they also get the chance to anonymously fill out a Viewpoint Survey. This allows all employees to give their opinion on Tesco as a whole and what changes they would like to see in the future. Tesco ensure they try to respond to employees as a whole with the general feedback they got from this and what changes will be made in the future.
• Explain the responsibilities of an organisation and strategies employed to meet them
Tesco will have many responsibilities varying from all different sectors in the business. Each level of management will hold different responsibilities and have multiple strategies, below is a couple examples to help illustrate this.
A main responsibility for Tesco is being able to trade responsibly, this means putting their customers first and working with their suppliers to ensure a good relationship is built to innovate and provide the high quality products they need to ensure their business is meeting their customers’ needs. Another responsibility for Tesco is to be a great employer, to create inspiring work that makes their employees happy and proud of what they do. Tesco are currently working on extending their commit to have more opportunities for disabled people. They have agreed to provide more employment opportunities for disabled people to ensure they are following equal Opportunities ‘Equal opportunity is a stipulation that all people should be treated similarly, unhampered by artificial barriers or prejudices or preferences, except when particular distinctions can be explicitly justified.’ (wikapedia.org.uk). To ensure Tesco are meeting these requirements they have set up agreements with disability employment providers, Remploy and the Shaw Trust. The agreements are the culmination of Tesco’s ongoing expanding relationship with Remploy and the Shaw trust which has led to 400 disabled people getting jobs. Doing this has allowed their customers to see they are supporting Equal opportunities and ensuring every individual is given the same opportunity. ‘Beth Carruthers, general manager at Remploy, said: "Last year Remploy saw a 55% increase in the number of candidates being recruited to Tesco. This agreement is a further demonstration of Tesco's commitment to widen employment opportunities for disabled people and we very much applaud a national retailer taking such a proactive stance.’(personneltoday.com)
Tesco are currently one of the biggest retailers in the UK but they have ambitious plans to become zero-carbon. They have a simple but ambitious formula for its plans to meet this. This initiative was launched in 2009 and if successful they will become a zero carbon business by 2050.Tesco intend to halve 2006 level emissions by 2020 and to ensure any new stores built between 2006 and 2020 has half the emissions of a store built in 2006. They also want to ensure they help their customers halve their own carbon footprint by the same deadline. They are hoping that promoting ‘green growth’, customer’s behavior and attitudes will change and they will purchase less carbon-intensive products. Tesco are on the right route for meeting these plans as they were named the top retailer in 2010 for the Carbon Disclosure project award. They have recently created an all-timber look store in Cambridge, creating a zero carbon template for any store developments in the future.
‘Ruth Girardet, Tesco’s corporate responsibility director, says: “Our targets are very clear up to 2020. Beyond that, we have a good sense of what needs to be achieved. We have made great strides on energy efficiency, but there is always scope for more as technology advances. We’ll develop renewable energy so that we are self-sufficient before 2050; over time we will eliminate the use of hydrofluorocarbon (HFC) refrigerant gas, for which the technology already exists. The more difficult areas based on current technology are around transport, particularly heavy goods vehicles. We are aiming to halve the emissions per crate by 2012, but there is not yet a clear pathway to zero-carbon in this area.’(endsresport.com)

Similar Documents

Premium Essay

Understanding Organisiations and the Role of Human Resources

...Understanding Organisations and the role of Human Resources The author of this assignment will describe his findings on how HR activities in an organisation support a organisations strategy and how they assist the achievement of business objectives in a modern world through internal and external factors. An organisation will encounter all kinds of problems and can be affected by culture, size, law and many others. By looking at these factors a person can understand how Human resources and Learning and development can help to ensure an organisation will survive in its environment. According to Shein.E (1988) Organisational Psychology in: Mullins.L (1985) Management and Organisational Behaviour a pitman publishing imprint “a formal organisation is the planned co-ordination of the activities of a number of people for the achievement of some common, explicit purpose or goal, through division of labour and function, and through a hierarchy of authority and responsibility.” The purpose of (company name ) Is to forward customers tangible goods to (company Name) to build cars, to become globally recognised and to be the most dominant and profitable supplier of third party logistics service to the chosen clients by offering standards of excellence unachievable by competitors. A Swot analysis quoted by Mullins.L (1985) Management and organisational Behaviour Financial Times Pitman Publishing Imprint “can offer a number of potential...

Words: 2762 - Pages: 12

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

Assignment: Understanding the Business Context of Human Resources (5cbic)

...CIPD Level 5 Diploma in Applied Human Resources | Assignment: Understanding the Business Context of Human Resources (5CBIC) | Name: Sian GluckTutor: Tim BatesDate: 29/08/2014 | No. | Understanding the Business Context of Human Resources (5CBIC)Contents: | 1.0 | Compare two different types of organisation and their operational/business purpose (AC:1.1) | 2.0 | Assess how business type and purpose affects the HR Function (AC: 1.2) | 3.0 | Explain how different organisational structures and management roles can impact on the HR Function (AC: 1.3) | 4.0 | Explain the role of the HR function in formulating organisational strategy (AC: 3.2) | 5.0 | Explain how organisational strategy is translated in HR strategy and policy (AC:3.3) | 6.0 | PESTLE Analysis | 7.0 | How does PESTLE or SWOT affect the organisation’s HR Function (AC: 2.1, 2.2, 2.3, 2.4) | 8.0 | Analysis of techniques/tools you used and conclusion(AC: 2.5, 3.1) | 9.0 | Reference List | 10.0 | Bibliography/Webography | 11.0 | Appendices | Assignment 1: Understanding the Business Context of Human Resources 1.0 Compare two different types of organisation and their operational/business purpose (AC:1.1) There many different types of organisations, such as: Large private sector, public sector, voluntary sector, SME’s, networked organisations and multinational organisations, as defined by Taylor and Woodhams (2014). This is a comparison of two of these types, focusing on the large private...

Words: 2784 - Pages: 12

Premium Essay

Hgchgfjhfjhgf

... | |Qualification |Unit number and title | |BTEC SUBSIDIARY DIPLOMA IN BUSINESS STUDIES |UNIT 1: BUSINESS ENVIRONMENT | |Learner name | Assessor name | | | | |Date issued | Hand in deadline |Submitted on | | | | | | | | |Assignment title(s) |Legal and organisational structures | | |Stakeholders and their influence...

Words: 1348 - Pages: 6

Premium Essay

Managing Finance

...FOUNDATION DEGREE IN HUMAN RESOURCE MANAGEMENT HRM IN A BUSINESS CONTEXT ORGB50178 Contents Module Descriptor Assignment Brief Submission Feedback Sheet Contact Details Explanation of Assessment Process Specific Module Guidance Module Descriptor The complete, electronic, version of the module descriptor can be found through this link; http://www.staffs.ac.uk/current/student/modules/showmodule.php?code= BSR10390-5 |Contact |Email | |VLE | |Louise Harrison |l.harrison@staffs.ac.uk | |Blackboard | Pattern of Delivery |Credits |Contact Hours | |Site |Cost Centre |Cost Centre |Subject |Subject Description |Subject % |Hesa Subject %| | | |Description | | | | | |STOKE | | | | | | | |STAFFORD | | | | | | | |TAMWORTH & LICHFIELD | | | | | | | |COLLEGE | | ...

Words: 2779 - Pages: 12

Premium Essay

People Management

...Business Essay Example - People Management Note: The essay examples we publish on UK Essays have been submitted to us by students. The essays are the student's work and are not examples of our expert essay writers' work. We never publish the work produced by our expert writers as their work is unique to the customer that ordered it. Thank you to all the students that have submitted essays to us. Please use the essay below to inspire and help you with your own studies, but please ensure you reference the essay if you quote it in your own work. As a prospective employee of an organisation, evaluate the usefulness of the knowledge of managing people and organisations in helping you to do your work better. Information for many businesses means both increased profits and increased efficiency within the operations of a company. In this respect then it is reasonable to conclude that information and knowledge related to managing people and organisations would be one of the more critical aspects of this informational system. However while information and knowledge may be of good, and in itself, they are the processes through which we apply this knowledge which often has a vital bearing on the effectiveness of such knowledge. This problem then may be seen as a fundamental one in the continuing success of an organisation in terms of it goals and strategic objectives. Understanding Organisations and People All organisations exist within an environment which displays...

Words: 2908 - Pages: 12

Premium Essay

Cipd

... | |Credit value |6 | |Unit code |3PRM | |Unit review date |Sept. 2011 | Purpose and aim of unit This unit provides an introduction to the purpose and processes of performance and reward management and the role of human resources (HR) in promoting and supporting good practice. Studying this unit will enable learners to develop their understanding of how motivational theories and associated tools can be used within the context of performance and reward management and how these can have a positive impact on an organisation’s business objectives. It also provides an overview of appropriate skills and good practice associated with performance management reviews and follow-up and the data management aspects. Additionally learners will understand the role of financial and non-financial benefits and important determinants of reward decisions. On completion, learners should feel more confident in providing first-line support to managers and employees on the subject of performance and reward management. This unit is suitable for persons who: •...

Words: 1119 - Pages: 5

Premium Essay

Unit 1 Assignment Brief

...BTEC LEVEL 3 Unit 1 THE BUSINESS ENVIRONMENT ASSIGNMENT ONE Within this unit you will consider the different types of businesses and sectors, their strategic plans and consider their main stakeholders. In the second half, you will be considering the impact of external influences (political, legal and social) on businesses. Scenario: You are a junior journalist working for the Business Review. You have been asked to write an article for prospective businessmen and women thinking of setting up a new business. Most businessmen and women you have spoken to are not sure about the legal ownerships and activities of businesses generally. They also feel they require more information regarding how some local, national, international and global businesses operate. You should research two organisations; one should be a not-for-profit organisation and the other a for-profit organisation. (For-profit organisation should be McDonalds; you must now select a not-for-profit organisation of your choice). P1: describe the type of business purpose and ownership of two contrasting businesses. Here you will need to include all the information outlined below: 1. TYPE OF BUSINESS BY SECTOR The type of business in terms of: * Geographical scope (local, national, international or global) * Sector (primary, secondary, tertiary) * Type of goods/services offered 2. TYPE OF OWNERSHIP * Describe the different types of ownerships (Public/private sector; sole...

Words: 1343 - Pages: 6

Premium Essay

Multiple Choice Chrp

...Practitioner Question 1 “Effective HR professionals really have to succeed by understanding the business, the market and the customer as well as the Chief Executive or the Marketing Director. It’s about understanding what the organisation would look like if it was really humming, really succeeding. Translating that back into culture, working practices, learning, motivation, reward, selection – those are the strategic choices…to make” - Geoff Armstrong, CIPD. Aside from this, what other skills and qualities do you think are necessary for HR professionals today? Right Having an understanding of the purpose and role that HR plays within a successful organisation Question 2 How do the skills listed in Question1 help you as an HR professional carry out your role more effectively? Right Having an understanding of HR’s roles and purpose makes it easier to support change within the organisation Question 3 Log into www.cipd.co.uk and access the HRPM: Professional Areas. Review Professional Areas appropriate for level 3 (Bands One and Two). Why is the CIPD HR Profession Map important for HR and L&D professionals? Right The CIPD Professional Map provides clear competencies, activities and behaviours for HR professionals to aspire to in order to continuously develop their skills and experience Question 4 Which of the following are appropriate activities for Level 3 in the Professional Area of Organisational Design? Right Coaches and advises managers in the optimisation of current team...

Words: 1882 - Pages: 8

Premium Essay

Workforce Planning

...Workforce Planning a good practice guide for TAFE Institutes 10 September 2004 1 Introduction 1 2 Purpose of this guide 2 3 Key elements of workforce planning programs 2 4 Implementation guidelines 3 4.1 Consider the broader context 3 4.2 Identify your future business direction and workforce needs 4 4.3 Know your current workforce 6 4.4 Bridge the gap – identify and address your workforce issues 8 4.5 Provide a sound basis for effective implementation 9 5 WORKFORCE PLANNING CHECKLIST 10 5.1 Key considerations for effective workforce planning 10 6 UNDERPINNING KNOWLEDGE FOR WORKFORCE PLANNING 12 Introduction Workforce planning is the continuous process of ensuring that the right people are in the right place at the right time, in order to accomplish the organisation’s mission now and into the future. Its fundamental purpose is to align and integrate the organisation’s workforce with its strategic goals and objectives. The degree to which the organisation has the appropriate skills, the correct numbers and the right talent mix to achieve its mission in a dynamic external environment will be crucial to its continued success. It is also about the sound management of human capital processes, including recruitment, retention, development, redeployment, and retirement planning for minimal loss of knowledge. Workforce planning can assist TAFE Institutes anticipate the staffing and skill...

Words: 4555 - Pages: 19

Premium Essay

Customer Service

...objective You are to demonstrate the skills and knowledge necessary to prepare, conduct a meeting in accordance with organisational requirements. Assessment description For this assessment you are required to prepare and conduct a meeting in the workplace or simulated workplace, as the chairman. Procedure 1. If you are completing this assessment in the workplace, identify a meeting to conduct in your workplace. You will need to arrange an observation of your meeting by a qualified Trainer/Assessor who has the qualification of TAE40110 Certificate IV Training and Assessment. Alternatively you can video your “meeting” and upload it for an observation assessment. 2. If you are completing this assessment outside the workplace choose one (1) of the following three (3) meetings to conduct in a simulated workplace. a. Agree on a business conference destination from the following list: i. Fiji ii. Noosa iii. Melbourne b. Develop a fire evacuation plan and procedure for a simulated business. c. Agree on a cleaning procedure for a simulated business 3. Complete and collate a meeting requirements form, develop an agenda, identify meeting participants, the format, the invitation and an action plan. Your assessor will be looking for the following items to be covered. * Evidence of identification of organisational requirements,...

Words: 873 - Pages: 4

Premium Essay

Performance Management

...School of Business Human Resource Management Managing Performance Module Introduction: This Human Resource Management Pathway Module seeks to explore the Performance Management aspect of the HR Managers role – detail, depth and complexity: 1. Holistically – as a strategy which relates to every activity of the organisation set in the context of its human resources policies, culture, style and communications systems, 2. As a process that contributes to the effective management of individuals and teams to achieve high levels of organisation performance, 3. As a system through which organisations set work goals, determine performance standards, assign and evaluate work, provide performance feedback, determine training and development needs and distribute rewards. The essential content covers: * Performance Development Planning - the purpose and processes of Performance Appraisal and Performance Management. * Performance Management - the drive towards competitive advantage and the place of HRM – behavioural, performance and other outcomes. * Performance and Development – goal setting, measurement, appraisal, feedback. * Trust, Manageability and Control - Motivation, Rewards and Incentives. * HR and Line Managers – Business Strategy, Commitment, Improvement Flexibility and Quality. * International, Environmental, Ethical and Sustainability issues. LECTURE SCHEDULE: 1. Introduction –...

Words: 2995 - Pages: 12

Premium Essay

Case1

...role in the management of business. It is that field of study which finds out the impact that individuals, groups and structure have on behaviour within an organisation and it applies that knowledge to make organisations work more effectively. Organisations are open social systems and have complex structures. Companies use various structures such as- functional, divisional, matrix to achieve the flexibility that they require in terms of goals being met, faster decision making, adjust rapidly to the changing environment and reducing conflicts. There is no one size fits all approach and the structure is decided by various factors such as the environment, resources available, competitive position etc. We have also learnt about the role of business environment in influencing strategy of the company. To what extent strategy depends on the environment and how strategy shapes the structure. We have analysed the McKinsey 7s model which is a tool that analyzes firm’s organisational design by looking at 7 key internal elements: strategy, structure, systems, shared values, style, staff and skills, in order to identify if they are effectively aligned and allow organisation to achieve its objectives. We learnt about approaches to assess organisational effectiveness and the differences between effectiveness and efficiency. Efficient organisations are not necessarily effective. Change and complexity in the external environment have major implications for organisational design and management...

Words: 841 - Pages: 4

Premium Essay

Why Is It Important for Managers to Know About Motivation Theories? Introduction

...theories could be implemented in a professional context to achieve organisation's goals and objectives. Motivation has been defined as: the psychological process that gives behaviour purpose and direction (Kreitner, 1995); a predisposition to behave in a purposive manner to achieve specific, unmet needs (Buford, Bedeian, & Lindner, 1995); an internal drive to satisfy an unsatisfied need (Higgins, 1994); and the will to achieve (Bedeian, 1993). Organisations exist to achieve corporate objectives and employees working in those organisations aide in achieving those objectives by working towards their individual goals and targets. In an ideal world, if every individual was providing his best performance then organisational goals would be met sooner too; however in the real world it is often not the case. Organisations lag behind and more often than not the reason is a demotivated staff. An understanding of the basic human nature is important for effective employee motivation in the workplace and also for effective management and leadership. Struggling with your essay? We can help! We can help get your coursework back on track, take a look at our services to learn more about how we can help. Custom Written Work Guaranteed on Time Get The Grade You ordered In today's business world with rapid changes happening all around, it has become even more important for managers to motivate their staff and help their staff in optimising their performance. Besides, research...

Words: 1646 - Pages: 7

Premium Essay

Work

...HND in Business Unit 15 - Managing Business Activities to Achieve Results Module Handbook 2013/14 Module Leader: Andy Humphries 01244 656371 Email: a.humphries@west-cheshire.ac.uk CONTENTS | PAGE NO. | 1 | WELCOME AND INTRODUCTION | 3 | 2 | MODULE RATIONALE | 3 | 3 | LEARNING OUTCOMES | 3 | 4 | OUTLINE CONTENT | 3 | 5 | TEACHING AND LEARNING APPROACH | 4 | 6 | ASSESSMENT | 5 | | | | 7 | EQUAL OPPORTUNITIES | 9 | 8 | ACADEMIC SUPPORT | 9 | 9 | EVALUATION | 10 | 10 | SCHEME OF WORK | 10 | 11 | READING/LEARNING RESOURCES | 12 | 1 WELCOME AND INTRODUCTION The overall function and direction of an organisation is determined by the nature of its corporate strategy. Strategy provides the goals, objectives and guidelines for the structure and operations of the organisation. It is by means of structure that the purpose and work of the organisation are carried out. Some structure is necessary to make possible the effective performance of key activities and to support the efforts of staff. Structure provides the framework of an organisation and its pattern of management. The manager needs to understand the importance and effects of organisation strategy and structure. The aim of this unit is to provide learners with the understanding and skills to manage their | activities in the business workplace to improve their effectiveness and efficiency. | This unit focuses on the effective and efficient planning and management...

Words: 3446 - Pages: 14