Understanding the Organisational Purposes of Businesses

1534 words 7 pages
Show More
Course Name: Level 4 HNC Business

UNIT TITLE NO. AND TITLE: Unit 1 Business Environment

Assignment No. and title:
Assignment 1- Understanding the organisational purposes of businesses (DRAFT)

Date Submitted 21st May 2012

Understanding the organisational purposes of business
In this day and age all individuals will have some affiliation with a business organisation. Whether it be the company they work for, the retail store they purchase their groceries or the NHS dentist they attend individuals of society are all affiliated, controlled and in control of business organisation. Organisations may be established for a number of reasons and serve various purposes, their activities can be affected by a range of different …show more content…

If the company fails to meet the objectives of the publisher which would be to sell large quantities of books, then the publishers may look to terminate their contract and sell elsewhere. If this were to happen then ultimately the company may not be able to supply the products customers’ desire. A scenario of this could be, if bad customer service is employed and customers are unhappy with their purchase they will look to purchase elsewhere. Thus then affecting relations with suppliers, so although an individual customer may not poses that much power as a stakeholder they still need to be kept satisfied in order to maintain equilibrium. There are many responsibilities of an organisation whether it’s a corporate company or a government body all organisations need to consider the responsibilities they hold. This could be with the staff they employ, the customers they sell too or the affect they have on the environment. Complying with and operating within legislations and laws is a must, gaining a good reputation and a trust is essential there can be no trust if you cannot prove legitimacy. CSR (Corporate social responsibility)
Organisations must take into to consideration the responsibilities they hold to achieve good working relations with all affected. CSR is about understanding the organisation and the impact it may have on the

Related

  • Organization Structure and Culture
    3847 words | 16 pages

    Submitted to Dr David Chu Contents Title page Introduction 1. Organisational Structure and Culture 1. Compare and Contrast Organisational Structure 2. Relationship between an Organisation’s Structure and Culture and Effects on Business Performance 3. Factors that Influence Individual Behaviour at Work 2. Approaches to Management and Leadership 1. How Organisational Theory Underpins Principles and Practices of Organising and of Management 2. Different Approaches….

    Show More
  • Hr - Descriptive Titile
    4087 words | 17 pages

    Introduction This report will aim to evaluate and explain what it means to be an HR Professional with using the CIPD HR Professional Map (HRPM) as the basis for the evaluation. A - Briefly explain how the CIPD HR Professional map defines the HR profession, including gthe professional areas, the bands and the behaviours. B – Evaluate how the 2 core professional areas, and any 2 selected behaviours uphold the concept of ‘HR professionalism’ give examples from the knowledge and activities @ band….

    Show More
  • ILM 5 Coaching essay
    3139 words | 13 pages

    . The Context of Coaching or mentoring practice. Top of Form Both terms are processes that enable individuals or even corporate clients to achieve full potential. Although the terms are often used in the same sentences there are differences as well as similarities between the two. It is true that both are used to facilitate the exploration of needs, skills, motivations and thought processes. They are both designed to assist the individual or organisation in making lasting and tangible change….

    Show More
  • Benefits of Strategic Management
    2974 words | 12 pages

    "Research has revealed that organisations that engage in strategic management generally out-perform those that do not" The connotation of the ancient Greek word "strategos", in its various grammatical forms, implies meaning of skilful manoeuvouring leading to achieving a highly crucial position or attaining a desired end. Commonly associated with the military operations, strategies aim at methodical out-performance of adversaries. Analogically, application of deliberate strategies in the business….

    Show More
  • Natural Knibbles Case Study
    3022 words | 13 pages

    an effective HR plan. It is important for the HR manager to be involved in the management team, and have the opportunity to contribute to the organisations’ strategic decisions. HR managers take a more strategic approach by gaining a better understanding of the organisation, the employees, stakeholders, products and finances, helping them fulfil their role by translating business strategy into….

    Show More
  • ATHE Level 6 Management Specification2
    12412 words | 50 pages

    ATHE Level 6 Qualifications in Management ATHE Level 6 Award in Financial Decision Making for Managers (QCF) ATHE Level 6 Award in Leading Organisational Equality and Diversity (QCF) ATHE Level 6 Award in Managing Finance in the Public Sector (QCF) ATHE Level 6 Award in Managing Stakeholder Engagement (QCF) ATHE Level 6 Award in Risk Management (QCF) ATHE Level 6 Certificate in Human Resource Management (QCF) ATHE Level 6 Certificate in Project Management (QCF) Level 6 Management….

    Show More
  • BSBRSK501B Manage Risk final
    3640 words | 15 pages

    For the student Please ensure this form is fully completed and attached with the assessment. Student ID: VFHQDB0073 Student Name: VICKI MCGUREN Course: DIPLOMA OF MANAGEMENT Unit Name: MANAGE RISK Unit Code: BSBRSK501B Assessment Title: Assessment No: Trainer’s name: STEPHEN FURLONG Due Date: Intake: Campus: ONLINE Plagiarism and collusion constitute cheating. Disciplinary action will be taken against students who engage in plagiarism and collusion. You must retain a soft copy of this assignment….

    Show More
  • Business and Administration
    3141 words | 13 pages

    Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document, either onto your computer or a disk • Then work through your Assessment, remembering to save your work regularly • When you’ve finished, print out a copy to keep for reference • Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My….

    Show More
  • Timeline of Uk Regulatory Events
    1028 words | 5 pages

    Figure 9: Timeline of UK regulatory events 1980s Introduction of the modern regulatory system; self-regulation among asset managers, statutory oversight of banks and insurers. The Financial Services Act 1986 (FSA 1986) marks a step change in the nature and extent of UK investment business regulation. April 1988 sees the introduction of a regulatory system that has investor protection as its main aim. The system is based on five selfregulating organisations (SROs);48 membership organisations tasked….

    Show More
  • Tourism Marketting
    2948 words | 12 pages

    Contends Introduction 1 Task 01 2 Understand human resource management. 3 1.1 Analyse the role and purpose of human resource management in a selected service industry 4 1.2 Justify a human resources plan based on an analysis of supply and demand for a selected Service industry business 6….

    Show More

Popular Essays