Understanding Organizations

Understanding Organizations

Introduction

J D Wetherspoon, established in 1979 by Tim Martin, has formed itself as one of the leading high street pub in UK. The company possesses and administers more than 700 pub chains in the Wetherspoon and Lloyds Brands. It also possesses and administers a series of hotels acknowledged as the Wetherspoon Chalets. It also has a share in the Foodstuff and Cafe Market and intends to give clientele with exceptional experience, presented by well skilled and welcoming workforce.

Discussion

External Factors

Socio-cultural features that have an impact on J D Wetherspoon are demographic factors and trend, earnings and funds allocation, learning values, approach to vocation and relaxation. Societal practices are shifting and thus Wetherspoon's required to modify its structure to stay cutthroat. They carried out this by attaining the Lloyds chains that are more amusement based as the young clientele want to take pleasure from music in an evening-out (Hassanien et al, 2010).

Political factors are the governmental regulations, for example the level of governmental involvement in the market. Government is concerned regarding the health care of its people, in addition to limited zones of smoking. The company has made great efforts to prevent smoking practices in most of its pub chains, which this could create a centre of attention for many family units. Government is accountable for the financial policy and rules as well, which directs towards the economic factors to decide the level of people utilization power on products and services and this may bring impact on the hospitality market. Governmental rule may charge tax duty on the services, for example the value added tax (VAT), and therefore organizations like Wetherspoon required paying excise duty for their businesses activities (Gillespie, 2007).

Economic features have a great impact on how the organization performs. These features take account of taxes on ...