We're Open
+44 7340 9595 39
+44 20 3239 6980

[Solved] LO2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational

  100% Pass and No Plagiarism Guaranteed

[Solved] LO2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure

Learning Outcomes

 

By the end of this unit a student will be able to:

1 Explain the different types, size and scope of organisations.

2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure.

3 Use contemporary examples to demonstrate both the positive and negative influence/impact the macro environment has on business operations.

4 Determine the internal strengths and weaknesses of specific businesses and explain their interrelationship with external macro factors.

Essential Content

LO1 Explain the different types, size and scope of organisations

Different types of organisations:

Differences between for profit and not for profit and non-government organisations (NGOs).

Micro, small, medium-sized enterprises (SMEs). Different business purposes, objectives and supply of goods and services.

The range of legal structures associated with different forms of business: sole traders, partnerships and private limited companies.

Size and scope of organisations:

Differences between large, medium-sized and small organisations including objectives and goals, market share, profit share, growth and sustainability.

Global growth and developments of transnational, international and global organisations.

Differences between franchising, joint ventures and licensing.

Industrial structures and competitive analysis.

Market forces and economic operations e.g. scarcity and choice, supply and demand, income elasticity.

Stakeholders and responsibilities of organisations to meet different stakeholder interests and expectations.

LO2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure

The various functions within an organisation:

The role of marketing, finance, human resource management and operations within an organisational context and the interrelationships.

How functions relate to overall organisation mission and objectives.

Organisational structure:

Different structures depending upon the size and scope of the organisation, including bureaucratic and post-bureaucratic, parent, strategic business units (SBUs), matrix and functional levels.

Organisation structures and complexities of transnational, international and global organisations.

LO3 Use contemporary examples to demonstrate both the positive and negative influence/impact the macro environment has on business operations

The context of the macro environment:

The application of the PESTLE framework and how organisations need to monitor and forecast external influences.

How the macro environment influences/impacts upon business activities: the impact of the digital revolution on production and consumption; the impact of social technologies; cyberspace security; emerging BRICS markets, the global shift in economic and social power and ethical and sustainable growth.

How organisations go through the transformation process and overcome resistance to change in response to the changing market environment.

LO4 Determine the internal strengths and weaknesses of specific businesses and explain their interrelationship with external macro factors

Frameworks for analysis:

Introduction to SWOT and/or TOWS analysis and how they can assist in the decision-making process within organisations.

Key external macro factors including the competitive environment and government intervention that influence organisations and business.


100% Plagiarism Free & Custom Written,
Tailored to your instructions


International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

UK Registered Company # 11483120


100% Pass Guarantee

STILL NOT CONVINCED?

View our samples written by our professional writers to let you comprehend how your work is going to look like. We have categorised this into 3 categories with a few different subject domains

View Our Samples

We offer a £ 2999

If your assignment is plagiarised, we will give you £ 2999 in compensation

Recent Updates

Details

  • Title: [Solved] LO2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure
  • Price: £ 139
  • Post Date: 2021-10-21T04:10:17+00:00
  • Category: Projects
  • No Plagiarism Guarantee
  • 100% Custom Written

Customer Reviews

[Solved] LO2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure [Solved] LO2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

I received my order last night and now I’m writing my reviews. My assignment has all the points I needed along with a good style. The citations used are relatable and professional. The best thing is the discount I got because I recommended my friend too to use their service. I am so pleased to use this effective service. The features are also amazing, everything is good. Will come again soon!
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

I ordered the literature review for my research project in rush delivery. I was not expecting that they would complete my order 2 hours before my chosen time. The quality is also nice. Thank you for help.