Business and Business Environment

Business and business
environment

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
P1 ................................................................................................................................................3
P2 ................................................................................................................................................5
TASK 2 ...........................................................................................................................................6
P3 Interrelation among various organisational departments.......................................................6
TASK 3............................................................................................................................................8
P4 Negative as well as Positive impact on the macro surroundings on the enterprise operations
.....................................................................................................................................................8
TASK 4 ...........................................................................................................................................8
P5 Conduct SWOT of company .................................................................................................8
P6 Interrelate the strength as well as weakness with large factors ............................................8
CONCLUSION ...............................................................................................................................8
REFERENCES ...............................................................................................................................9

INTRODUCTION
BE is defined as surroundings of business including micro or macro factor influencing
business operations, functions and activities. Business organisations coordinate and collaborate
functional activities for achieving their goals appropriately. In the following report, the private
organisation chosen is Wellglade group voluntary organisation chosen is Wellcome trust and
public organisation chosen is Translink. The following report includes size, scope and structure
of three types of organisations. There is also discussion about PESTEL and SWOT of the
organisation.
TASK 1
P1
Various organisations are developed in order to conduct different functions and activities
which lead to attain organisational goals and objectives (Andersson, Forsgren, and Holm,
2015). Business environment consists of various organisations that remain in business
surrounding for achievement of organisational goals. There are different types of organisations
in business environment like private organisation, public organisation and voluntary
organisation. Each of these organisations have their own objectives & aims. The main aim of all
three types of organisations i.e. public, private and voluntary are different. All these
organisations require aim for attaining their goals in specified time. The expansion of business
organisation in international market costs a lot. The different types of organisations are discussed
below -
Private organisation – The different companies which fall under this kind of private
firm includes partnership, association, person, corporation or agency (Bah, and Fang, 2015).
Different firms which are working as private organisations have a common goal of earning more
money and profits. This kind of organisations works mainly as two types of entity such as self-
sustaining or non-federal entity. Private organisations are of different types which includes
Public & Private limited companies, sole traders, partnerships and so on. For e.g. Wellglade
group.
Legal structure of private organisation Sole traders – These manages and handles organisational functional on their own.
Different losses and profits of business are controlled by single owner of the company.