Business Sector Analysis: Types, Structures, and Stakeholders

This report provides a comprehensive analysis of various business sectors, including individual proprietorships, partnerships, and limited liability companies. It explores the characteristics and objectives of each sector, differentiating between private, public, and non-profit organizations. The report highlights the financial sources, operational focuses, and stakeholder relationships within these sectors. It examines how private sector organizations prioritize profit maximization and revenue control, while public and non-profit sectors emphasize service delivery and social impact. Case studies of Care UK and David Lloyd clubs are used to illustrate stakeholder requirements and operational dynamics, emphasizing the importance of efficiency and customer satisfaction across different business models. The report concludes by underscoring the diverse objectives and operational approaches that define these business sectors.

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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
REFERENCES................................................................................................................................4

INTRODUCTION
There are wide range of business within organisational sectors those who perform their
business for a purpose (Teasdale, 2012). There are mainly three types of business sector namely
individual proprietorships, partnerships and limited liability companies or corporations.
MAIN BODY
Within first form of organisational sector, it is mainly managed by sole individual that
hold entire business operations. While in the second form of business organisation which is
partnership firm there managed and controlled by two or more than members and are managed
by partners themselves. In this profits are received as per the shares that are contributed or
distributed by partners. In addition with this, whenever any business partner leaves or any new
member added it is essential for partnership organisation to reconstitute firm. While in the third
form of business organisation, which is limited liability company it is mainly a incorporated
group of individuals. This form of business sector is legally separated from individuals. All the
form of business organisation mainly perform their business operations for particular set of
purpose and motive. As organisations those who perform their business in private sector mainly
conduct their operations for profit motive. While, individual proprietorships organisations
operate their functions mainly for livelihood. Further this has been ascertained that sources of
finance of sole traders is mainly from owners savings, profits, bank loans as well as overdrafts.
While in within partnership major source of finance is loans and overdrafts from banks, partners
saving and profits. Thus, as per the above mentioned analysis this has been ascertained that there
are multiple number of organisational types within range of business sector those who effectively
perform their operations for different set of objectives as well as purpose. As it has been
identified that The private sector organisation mainly operate their functions for profit motive
along with the benefits of their shareholders (Antonioli, Mancinelli and Mazzanti, 2013). In
addition with this one of the major purpose that has been hold by private sector organisation is
that they, seek to achieve maximum revenues while controlling costs. Along with this, this
business sector mainly focused upon selling goods and services that are coupled with
organisational efficiency. It has been further evaluated that businesses greatly differ in their work
cultures as per dependency of the industry sector within which they operate their operations. In
private sector business organisation there are wide range of business opportunities that makes
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them competent to gain more skilled candidates as to increase their growth efficiency. In public
sector organisations within this are controlled by private companies, individuals or voluntary
organisations. Within this organisations are mainly owned by local government, government and
national government. Companies within this have common purpose which is to effectively put
positive impact upon lives of individuals by offering them best effective services. Lastly, not-for-
profit sector offer their services in third sector. Organisations within this are under direct
political control and engage in the offering of social services as to satisfy needs and demands of
individuals. Charity and voluntary organisations are some of the few examples of firm that are
engaged within this sector.
Care UK, British company engage in the service of providing health care and social care
services to individuals. This company mainly perform their work with Clinical Commissioning
groups, councils and doctors as to further deliver best effective form of care and support mainly
to older individuals along with to those individuals those who suffers from mental health
problems and learning disabilities. While in the sector of leisure industry, David Lloyd clubs a
British multinational sports, leisure and health business organisation that offer services related to
health clubs along with gyms all across the Europe and mainly in UK. It is a Limited Company
and perform their services in health club, gym and tennis industry. This company was founded in
the year 1982 by David Lloyd. Both of the organisations effectively offer services in best
effective and efficient manner as to provide immense level of satisfaction to customers,
stakeholders and other related individuals. As David Lloyd clubs operate their services in
limited company. In this liability of subscribers of organisation is limited. Key Stakeholders of
David Lloyd company are employees, creditors, union, owners, supplier from where company
mainly draw their resources and key associated partners. For instance, present company operate
their work with team of physical therapists those who also acts as their stakeholders. All these
stakeholders have certain requirements from company that include accelerating towards more
profitable outcomes. For instance customers have requirement towards best effective form of
services by company. While shareholders are inclined towards more profitable dividend.
If it is seen in Care UK, major stakeholders of healthcare include, physicians, pharmaceutical
firms , insurance companies, employers and government. In addition with this, present company
include Inspecting bodies, owner of care services, managers, suppliers, service users, trade
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unions and service users. They all expect high end profitability from firm as to gain best
effective outcomes.
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REFERENCES
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