UNIT 400 UNDERSTANDING ORGANISATIONS
TASK 1
Having worked for a large public company for a number of years, I feel we could take on many of their operating procedures to increase profit and market share. Firstly, I will begin with a comparison of public, private and voluntary companies in the housing sector.
Moat Housing, a public sector company, provides affordable housing for people who have low deposits or are unable to obtain a 100% mortgage. They are non-profit making and any profits are re-invested in the company. They are managed by a Board of Management which consists of independent people (some may be paid) and volunteers. The board makes decisions about the work of the organisation. Members include residents, local…show more content… I explain the different factors below in relation to this company:
Political factors:
• National and local Government – policies, legislation, change of government and term
• Planning permission and green-belt land
• Government grants, funding , initiatives and incentives
• Pressure groups
• Wars or conflicts
Economic factors:
• UK and foreign economic trends/situation
• Taxes
• Seasonal issues, e.g. prolonged heavy snow delays workforce and deliveries
• Market/trade cycles
• Industry – specific factors
• Market routes and distribution trends
• Customer
• Interest and exchange rates
• International trade
Social
• Lifestyle
• Demographics
• Consumer attitude
• Media influence
• Law changes affecting social factor
• Brand and company image
• Major events/influences
• Ethnicity and religion
• PR
• Regeneration and government initiatives
• Consumer buying pattern
Technological
• Competing technological development
• Advancement in technology
• Research and development funding
• Information and communication
• Consumer buying mechanism, i.e. internet
• Legislation surrounding technology, i.e. the Data Protection Act
• Innovation potential
• IT access, licencing, patents, property issues
• Global communication
Legal
• Current and future legislation
• European and international legislation
• Regulatory bodies/processes
Environmental
• Environmental legislation
• Public awareness of
