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*NEW* Unit 1 Exploring Businesses M2: Analyse how the structures of two contrasting businesses allow each to achieve its aims and objectives. $13.90
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will take a long time since the goal is so vast. This is because Muslim aid wants everyone in the
world to have a safe shelter to live, where they can acquire basic necessities and educate their
children. While Muslim aid cannot know when poverty will end, Muslim aid can anticipate
when it will end. The national sustainable development goal declares that by 2030, all types of
poverty would be eliminated; however, this is simply a prediction. In conclusion Muslim aid can
use the SMART objective in order to evaluate and analyse whether their goal is specific,
measurable, achievable, relevant and time constrained. By using the smart objective it will
enable Muslim aid to gain a better understanding of their goal and why they are trying to
achieve it.
M2: Analyse how the structures of two selected businesses
allow each to achieve its aims and objectives
Introduction
Businesses use organisational structure to assist them in achieving their aims and objectives.
Organisational structure is essential to a business because it outlines how certain tasks and
activities are directed within the company as a whole, providing guidance to internal
stakeholders such as employees and managers, this enables clarity on specific tasks that need
to be carried out on a daily basis in order to achieve the goals of the company as effectively and
efficiently as possible.
Profit making - Tesla
The hierarchy structure aids Tesla in achieving their goals and objectives; this is due the fact
that internal stakeholders within Tesla will have a clear picture of authority, where they know
who has higher authority over them and who doesn’t within Tesla which further enables them
to understand who is charge and who isn’t which can be very useful when Tesla is going under
hard and crisis situation. The structure will assist and encourage everyone to contribute and
work productivity in achieving the ultimate goal that business aims to accomplish. Moreover, it
will aid in the development of productive employees and managers who are aware of their role,
power, and obligations, as well as how information is transmitted within the organisation to
contribute to the aims and objectives within Tesla.
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