Different types, sizes of business and the impact of internal and external factors
You have been employed as an assistant business analyst by a large multinational organisation to investigate different types and sizes of business they will have to compete with. They also would like to know how internal and external factors impact businesses. You were asked to write and submit 2,000 words Management Report to the CEO and your report should include the following: Section 1: The different types of companies and how they work. Your response should cover the following: ? Definition, characteristics and example of micro business, small business, medium size business and large size business. ? Section 2: Explanation of different companies from sole traders to cooperatives and Limited Liability Partnerships. Make sure, your response includes the following: ? Definition, characteristics and example of sole trader business, partnership, limited liability business, public limited liability business and Cooperative. Section 3: Different business structures and how external factors affect businesses. In this section of the report, you are required to: ? Identify different organisational structures and explain how organisational structure affects business productivity. ? Using PESTLE analysis explain how different external factors affect the performance of a business. Political, Economical, Social Technological, Legal and
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