A compete study of Business and Business Environment
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Course
Business and Business Environment (M4UO1)
Institution
PEARSON (PEARSON)
This is a completed assignment of Pearson BTEC level5 HND program, subject of Business with business environment where author discuss about how a business works with its internal and external environment with an appropriate examples.
,Table of Contents
1.1 INTRODUCTION ...............................................................................................................4
1.1.1 OVERVIEW OF ORGANISATION ............................................................................................ 4
2.1 DIFFERENT TYPES OF ORGANISATION ...............................................................5
2.1.1. PRIVATE SECTOR .................................................................................................................. 5
2.1.2. PUBLIC SECTOR .................................................................................................................... 5
2.1.2.1. COMPARISON OF PRIVATE SECTOR AND PUBLIC SECTOR ORGANISATIONS ................ 6
2.1.3. VOLUNTARY SECTOR ........................................................................................................... 7
2.1.3.1. CHARITY ....................................................................................................................... 7
3.1 LEGAL STRUCTURE ...................................................................................................7
3.1.1. SOLE PROPRIETORSHIP ........................................................................................................ 8
3.1.2. PARTNERSHIP ...................................................................................................................... 9
3.1.3. PRIVATE LIMITED COMPANY VS PUBLIC LIMITED COMPANY............................................. 10
4.1 SIZE OF BUSINESS ORGANISATION ..................................................................... 12
4.1.1. MICRO BUSINESS ............................................................................................................... 12
4.1.2. SMALL BUSINESSES ............................................................................................................ 12
4.1.3. MEDIUM BUSINESSES ........................................................................................................ 13
4.1.4. LARGE BUSINESSES ............................................................................................................ 13
5.1 THE COMPARISON OF STRUCTURE, SIZE AND SCOPE OF PRIMA CEYLON
PVT LTD. ................................................................................................................................ 14
5.1.1. COMPARISON OF SIZE........................................................................................................ 14
5.1.1.1. SIZE OF BUSINESS IMPACTS THE OBJECTIVES ............................................................. 15
5.1.2. COMPARISON OF SCOPE .................................................................................................... 16
5.1.3. STAKEHOLDERS .................................................................................................................. 18
6.1 ORGANIZATIONAL FUNCTIONS ........................................................................... 18
7.1 THE RELATIONSHIP BETWEEN ORGANISATIONAL FUNCTIONS AND
HOW THESE FUNCTIONS LINK TO ORGANISATIONAL OBJECTIVES. .................. 21
7.1.1. HOW THE ORGANISATIONAL FUNCTIONS INTERRELATE WITH ORGANISATIONAL
OBJECTIVES ACCORDING TO PRIMA CEYLON PVT LTD. ..................................................................... 24
2
,8.1 RELATIONSHIP BETWEEN ORGANISATIONAL FUNCTIONS AND
STRUCTURES ........................................................................................................................ 25
8.1.1. PRIMA CEYLON ORGANISATIONAL STRUCTURE AND ITS RELATIONSHIP WITH
ORGANISATIONAL FUNCTIONS ......................................................................................................... 26
9.1 THE ADVANTAGES AND DISADVANTAGES OF INTERRELATIONSHIPS
BETWEEN ORGANIZATIONAL FUNCTIONS AND STRUCTURES ............................. 27
10.1 CONCLUTION ............................................................................................................ 29
REFERENCES ........................................................................................................................ 30
CONTENTS OF TABLES
Table 1:Vision and Mission of Prima Ceylon PVT LTD. source ................................................................... 4
Table 2: Comparison of private and public sector organisations. .............................................................. 6
Table 3: Advantages and disadvantages of sole proprietorship ................................................................ 8
Table 4: Advantages and disadvantages of partnership ............................................................................ 9
Table 5: PRIVATE LIMITED COMPANY VS PUBLIC LIMITED COMPANY ..................................................... 10
Table 6: Comparison of type and legal structure of companies.(Differences and similarities of types and
legal structures of these companies were fully explained in Table 1 and Table 4) .................................. 14
Table 7: Comparison of size ................................................................................................................... 15
Table 8: Size of business impacts the objectives..................................................................................... 15
Table 9: Comparison of scope ................................................................................................................ 16
Table 10: Key stakeholder types and their role ...................................................................................... 18
Table 11: Prima Ceylon organizational functions .................................................................................... 21
Table 12: The advantages and disadvantages of interrelationships between organisational functions and
structures. ............................................................................................................................................. 27
CONTENTS OF FIGURE
Figure 1: Relationship between organizational functions and how they link with organizational objectives
.............................................................................................................................................................. 23
Figure 2: Prima Ceylon’s organisational structure .................................................................................. 26
3
, 1.1 INTRODUCTION
Cameron (2018) reports a business organisation provides a legal framework that describes
organisations structure, profit separation and liability risk. The purpose of this study is to
create a business report on different types and size of food and beverage organisations in Sri
Lanka and the competition of these organisations in market. Forwardly, the various types of
organisations will be described by the size and scope of each organisation and its legal
structure. Moving on, the comparison of structure, size, scope and stakeholders of PRIMA
CEYLON, BAIRAHA FARMS, LIONS BREWERY CEYLON and KELANI VALLEY
CANNERIES (KVC) will be examined. Then how the similarities and different types of
structures and functions link with objectives of these organisations will be discussed. Finally
the functions that organisations interrelate with each other and detailed explanation about
organisational functions will be discussed.
1.1.1 OVERVIEW OF ORGANISATION
PRIMA CEYLON PVT LTD-Prima Ceylon is a flagship company in prima group.
As the first company to be established in Sri Lanka, it focuses on Prima’s basic business:
milling the wheat flour, on which most of its other businesses are based. Prima flour,
Prima chicken, Prima noodles are some main products the company gives to the market.
The organisation hopes to provide through its ever-dependable promise of “Quality
service and Partnership”.
Source: (http://www.prima.com.lk/data/prima Ceylon/overview.html ).
VISION To achieve complete poultry integration synergies, ultimately
gaining export market competitiveness.
MISSION To tap and harness business opportunities by expanding into
various vertical integration projects.
Table 1:Vision and Mission of Prima Ceylon PVT LTD. source
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