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Unit1: Business environment
P3: Describe how two businesses are organized
I have selected Selfridges and Oxfam to describe how their business is organized
Organizations like Oxfam and Selfridges need to be organized into structures that will enable them to meet their purpose – to provide famine relief, to bring exclusive products for shoppers. For example Oxfam will have a section concerned with media and public relations, another with managing its shops and other concerned with organizing famine relief in various parts of the world
Selfridges is a chain of high end department stores in the United Kingdom. It was founded by Harry Gordon Selfridge. The flagship store in London's Oxford Street is the second largest shop in the UK (after Harrods) and was opened on 15 March 1909.
Oxfam is an international confederation of 15 organizations working in 98 countries worldwide to find lasting solutions to poverty and related injustice around the world. In all Oxfam’s actions, the ultimate goal is to enable people to exercise their rights and manage their own lives. Oxfam works directly with communities and seeks to influence the powerful to ensure that poor people can improve their lives and livelihoods and have a say in decisions that affect them.
An organizational chart shows the main parts of the organization, and the relationship between the various parts. Below is Selfridge’s organizational structure.
[pic]
[pic]
Private sectors organizational chart: Flat structure
Functional area:
The functional area is the specialist areas of activity within an organization.
Finance
The aims of Selfridges finance department are to keep records of financial activities in order to provide managers with information and help create financial plans. The finance area is the most important function in the business. This is because businesses need a regular stream of income to pay the bills. Finance staff record all the money earned and spent so that the
P3: Describe how two businesses are organized
I have selected Selfridges and Oxfam to describe how their business is organized
Organizations like Oxfam and Selfridges need to be organized into structures that will enable them to meet their purpose – to provide famine relief, to bring exclusive products for shoppers. For example Oxfam will have a section concerned with media and public relations, another with managing its shops and other concerned with organizing famine relief in various parts of the world
Selfridges is a chain of high end department stores in the United Kingdom. It was founded by Harry Gordon Selfridge. The flagship store in London's Oxford Street is the second largest shop in the UK (after Harrods) and was opened on 15 March 1909.
Oxfam is an international confederation of 15 organizations working in 98 countries worldwide to find lasting solutions to poverty and related injustice around the world. In all Oxfam’s actions, the ultimate goal is to enable people to exercise their rights and manage their own lives. Oxfam works directly with communities and seeks to influence the powerful to ensure that poor people can improve their lives and livelihoods and have a say in decisions that affect them.
An organizational chart shows the main parts of the organization, and the relationship between the various parts. Below is Selfridge’s organizational structure.
[pic]
[pic]
Private sectors organizational chart: Flat structure
Functional area:
The functional area is the specialist areas of activity within an organization.
Finance
The aims of Selfridges finance department are to keep records of financial activities in order to provide managers with information and help create financial plans. The finance area is the most important function in the business. This is because businesses need a regular stream of income to pay the bills. Finance staff record all the money earned and spent so that the