Exploring Business Activity P4

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Anton Prinson Sritharan                                                                                BTEC Business National Unit 1

Exploring Business Activity Unit 1 P4,

Introduction

I need to continue my work for those two businesses, and explain understand functional activities and organisational structures.

Organisational Structures – Both Microsoft and Oxfam need to create a structure that will enable them to better meet the needs of their stakeholders. E.g. an important part of the structure of a private Company is the Board of Directors with the MD at the top. By giving high priority to the Board means that the interests of the owners (stakeholders) are given priority.

Therefore the customers are very important organisational structure needs to ensure there are clear links to customers. E.g. the organisations can give priority to the position of customer service managers.

Functional Activities – The section describes the key functions of a modern business. The businesses are commonly organised in departments carrying out these key functions. E.g. the functions are human resources, finance and research and development etc.

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How range of functional activities are managed in small and micro businesses

Just a business doesn’t mean that it shouldn’t have specialists. It is not possible for one or two people to handle all of the necessary functions listed above. The specialists may need to be hired to manage important activities, such as marketing or IT. Some small businesses also contract out some of their functions. E.g. they might pay an accountant to produce the annual accounts – paying them for just a few days work.      

Organisational structures: The structure of the two organisations ...

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