Characteristics of the business organization’s form.

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Choose one business organization, also known as a company. Use the Handshake Guide to help you search for business organizations on Handshake. Use the Shapiro Library Guide: Company Research page to research the company you chose. You may use any of the databases and resources provided in the guide to research and address the following:
• Identify and describe at least three characteristics of the business organization’s form.
• Identify and describe at least three key functional areas that exist in the business organization.
• Describe the relationships between the organization’s form and functions. Begin by reviewing the characteristics that make up the form of the organization that you just researched and consider how each characteristic of the form influences the various functions. For example, you might consider questions such as the following:
o If an organization is small, how does this influence each department and its role within the organization?
o If an organization is nonprofit, how does this influence the various functions within the organization?
o If the organization has multiple locations, how does this affect how each functional area operates and communicates?
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Sample Solution

Characteristics of Google LLC’s Form:

  • Ownership: Google LLC is a publicly traded company, which means that its shares are owned by individual and institutional investors. This type of ownership structure has a number of advantages, including the ability to raise capital from a large number of investors and the ability to have a public market for its shares. However, it also has some disadvantages, such as the need to comply with public securities regulations and the fact that shareholders may have different priorities than the company’s management team.
  • Size: Google LLC is a large company with over 160,000 employees worldwide. This size gives the company a number of advantages, including the ability to invest in research and development, the ability to expand into new markets, and the ability to attract and retain top talent. However, it also has some disadvantages, such as the complexity of managing a large organization and the potential for bureaucracy.
  • Industry: Google LLC is a technology company that operates in a number of different industries, including online advertising, search engine technology, cloud computing, and artificial intelligence. This diversification gives the company a number of advantages, including the ability to reduce risk and the ability to capitalize on new growth opportunities. However, it also has some disadvantages, such as the complexity of managing a diversified business and the need to compete in multiple industries.

Key Functional Areas in Google LLC:

  • Finance: The finance function is responsible for managing Google LLC’s financial resources, including its cash flow, investments, and debt. The finance function also plays a key role in strategic planning and decision-making.
  • Marketing: The marketing function is responsible for developing and executing marketing plans to promote and sell Google LLC’s products and services. The marketing function also plays a key role in brand management and customer relationship management.
  • Sales: The sales function is responsible for generating and closing sales of Google LLC’s products and services. The sales function also plays a key role in developing and maintaining relationships with customers.

Relationships between Google LLC’s Form and Functions:

Google LLC’s ownership structure, size, and industry all have a significant impact on its key functional areas.

  • Ownership: The fact that Google LLC is a publicly traded company means that the finance function plays a particularly important role in the organization. The finance function is responsible for ensuring that Google LLC complies with all applicable financial regulations and that it is meeting the expectations of its shareholders.
  • Size: Google LLC’s large size means that the marketing and sales functions are particularly important. The marketing function is responsible for developing and executing marketing campaigns that can reach a large number of potential customers. The sales function is responsible for generating and closing sales of Google LLC’s products and services to a large number of customers.
  • Industry: The fact that Google LLC is a technology company means that the marketing and sales functions must be particularly innovative and creative. The technology industry is constantly evolving, so the marketing and sales functions must be able to develop and execute marketing campaigns that appeal to potential customers in new and emerging markets.

Example of How Google LLC’s Form Influences Its Functions:

Google LLC’s global presence is an example of how its form influences its functions. Google LLC has offices in over 60 countries around the world. This global presence gives Google LLC a number of advantages, such as the ability to reach customers in new markets and the ability to tap into a global talent pool. However, it also has some disadvantages, such as the complexity of managing a global workforce and the need to comply with different regulations in different countries.

Google LLC’s global presence has a significant impact on all of its key functional areas. The finance function must be able to manage Google LLC’s financial resources in a global context. The marketing function must be able to develop and execute marketing campaigns that appeal to customers in different countries. The sales function must be able to generate and close sales of Google LLC’s products and services to customers in different countries.

Conclusion

Google LLC’s form, including its ownership structure, size, and industry, has a significant impact on its key functional areas. The finance, marketing, and sales functions are all essential to Google LLC’s success, and they must all adapt to meet the unique challenges and opportunities that Google LLC faces as a large, global technology company.

 

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