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 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