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Showing posts from July, 2019

Business Organisations -Types, Sizes, Purposes, Structures, Functions and the Impact of Macro- Environment on the UK Retail Sector using PESTLE, SWOT & Porter's Five Forces Models

Types of organisations An organisation can be classified on the basis of its business purposes, viz. vision, mission, goals and/or objectives (Kamugisha, 2017). All organisations generally have common purposes such as achieving profit, along with organic growth and long-term sustainability in the commercial arena. However, there are some organisations, which mostly dedicate their efforts to have sustainable business growth and not just to earn a business profit. Let us first identify the key differences between profit, not for profit and non-governmental organisations. Profit organisation Not for Profit organisation NGOs A profit-seeking organisation generally operates in the private sector, which only aims at supporting its own cause (En.wikipedia.org, 2018). A profit organisation can be of the following types: i)      Sole proprietor ii)             ...

Which were the fastest-growing telecoms markets in 2014?

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TELECOM MARKET OVERVIEW The telecommunication industry is considered to be one of the most dynamic industries globally. In the last few decades, the telecom industry has made rapid improvements in its services. In fact, it has changed the entire business scenario and uplifted various economies. In the present day telecom industry, the main revenue earning machine is mobile services. More and more companies, both public and private have started operating in order to tap the various unexplored markets. Over the year, the telecommunication services have become quite affordable to the general consumers, which have also led to the development of some of the fastest growing telecom markets. FASTEST GROWING TELECOM MARKETS A few numbers of fastest-growing telecom markets exists presently in various geographies across the globe. Some of them have been elaborated here below. DEVELOPING NATIONS: According to theInternational Telecommunications Union (ITU) records, it was exp...