Business Organization People Collaborates †Myassignmenthelp.Com

Question: Discuss About The Business Organization People Collaborates? Answer: Introduction The business organization is the group of people or an individual collaborates so that they can achieve business goals. To start up a business it is very much important to understand the management procedure and business risk that it contains for the market growth. This paper is the critical issue that is related to management and business for an organization. This paper critically discusses the effects and the impacts that an organization gets from management and business procedure. Paper also shows the business practice for an organization that is hypothetically selected for this paper. The company is a startup company and the paper discusses the performance, effect, and impact of the organization. Main Context Foodmart is the restaurant company in Australia that is going to be a startup in the year 2017. At present it is a small restaurant with only 100 people will be working in it. This restaurant is going to be situated in Sydney to get the attention of the students also. The vision and mission of this company are to provide best quality food to their customers and also be the top most restaurants in the food chain industry (Kew, Stredwick, 2016). The strategy is to provide superior and hygienic food and also maintain the dignity of that place. For this company, the functional structure will be the best because this is a restaurant and every person will have a different function to perform, like there will be a chef, waiter, manager, and attendee and so on. The restaurants need to be well classified according to their functional structure so that everyone performs their job well and from the beginning, only the restaurant is able to grow their profitability ratio (Varsei, 2014). This is the best organization structure for the restaurants business, as everyone will have a different function to perform and for that, they will give better performance in their respective field. To start up a business organization it is very much important to understand the impact or the effect that the business can get from its internal and external environmental forces. For any firm, it becomes hard to control their external forces but the internal forces are easily controlled by the firm and also internal environment has a direct impact on the organization (Bargiela-Chiappini, Nickerson, 2014). The internal forces of an organization are the objectives, mission, and vision and values statement of that organization. The management structure is also an internal force that has an impact on the organization. All these internal forces have the ability to affect the growth of the business but this can be controlled with some changes in a strategic decision. External environmental forces are the influences that business effect indirectly and they cannot be controlled. The external environment like the suppliers, customer, financiers, and marketing intermediaries are all micro en vironment forces and they have a direct bearing on the operation forces of a firm (Yang, 2014). Then for the macro environmental forces, there are economic, social, legal, political, and Technical forces that can have an impact on this restaurant business. This is a restaurant company so external forces that will affect more for this organization is the customers and the suppliers. Macro environmental forces are good for restaurant business in Australia and for that this will not affect the organization but the impact will be from customers and suppliers (Wheelen, Hunger, 2017). Being a restaurant business one has to be very particular with their food items and this is the foremost thing that a customer searches in a restaurant. So to maintain the customers it is very much important for the organization to follow their mission, vision, and objective of the company. Micro environmental forces and internal forces will have a huge impact on a company but this can be controlled with pr oper planning and marketing strategy. In a business organization, there are various types of risk like the reputational risk, financial risk, compliance risk, operational risk, strategic risk and so on. But for the restaurants business the definition of risk slightly change like the risk of restaurant failure, then risk regarding food safety, risk regarding the fire and all the above risk that all the business have to face. As it is the startup business and people do not know this brand so the main and the major risk is the reputational risk. Here business does not have any reputation and for that, the risk is high to make that high level of reputation (Lindberg, 2013). Another risk that this restaurant business may face is the food safety risk. Being the high-class restaurants they will try to provide world class food item but the risk is here that if anything happens to the food get destroyed or the raw material is not safe then it is a huge risk for any restaurant company. For this risk, the license can also get cance led. So it is important to look after the risk that is associated with the restaurant business and try to improve the condition. In future, any risk can occur for this business but the organization has to be always preparing for this type of risk. The business practice is the way to enhance business performance and maintain a market growth. For restaurant business or for any other business this practice is very much important as this help to improve the working condition of the firm. In this restaurant business, the practice can be benchmarking, quality management, time management, waste management, supply chain management and another process of employee management (Galbraith, 2014). The benchmarking is the process to build up a standard for the restaurant and follow that standard so that the restaurant has that capability to achieve organizational goal. Being a restaurant, waste and time management is very much required, as there will be many wasted products and other products and also the time for serving food items will be less so these management procedures are highly required for developing the business (Jaques, 2017). It is important for any business to maintain their performance skill and this helps them to grow in the market. For the start-up company, the practice of management procedure is highly required to get an establishment in the market. This type of practice leads the company to its highest desired goal. This also helps the company to maintain their productivity and provide the best service to their customers (Furr, Dyer, 2014). Customer satisfaction is the main objective of this company and for that any type of practice they will be following to get their customer satisfied from their job. Food quality along with the organizational behavior is the most important thing to attract new customers and to maintain a dignity with the old customers. This organization in their starting period only have the target to achieve a best place for their food quality and for that they did their best organizational practice to improve their business quality. The functions of a restaurants business all are important for the establishment and long term profit of that organization (Blair, Marcum, 2015). But in the restaurant business, one of the important functions is the kitchen area or the function of a chef. They are the one who provides best quality of food to the customers and this one thing is the main for enhancing the performance of restaurant business. Chefs have to be good enough to provide superior quality of food with different menus and stylish look. Other functions of a restaurant are the marketing and sales that actually help to improve the growth of a restaurant. Then there is front office executive along with the back office executive and so on. They all do their descriptive functional work and for that, the performances of this restaurant increase day by day. It is important for the members of these restaurants to understand their job role and perform as per the requirement (Saebi, Foss, 2015). The important function of these restaurants is to provide the best food to their customers and be the top most restaurants in the world. The main function restaurant is to provide all the superior quality of service and products to their consumers that they always prefer this restaurant over the entire restaurant in Australia. It is very much important for the organization to understand their business and develop a strategy as per their business and functioning areas (Akgn, 2014). This will help the organization to grow in the market and also be flexible for the market of Australia. Conclusion The main objective of a restaurant business is to provide excellent food to their customers. The start-up restaurant business is also having this as their vision and mission for future growth. This paper concludes that this organization is using a functional structure for their organization in the startup phase so that everyone has their individual function and they can perform as per their designated functions. 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