Business Environment: Private, Public, and Voluntary Organizations

This report provides an overview of the business environment, focusing on the factors that influence a company's operations, including management, customers, and regulations. It examines different types of organizations, such as private, public, and voluntary, highlighting their distinct purposes and legal structures. The report emphasizes the role of private sector in economic growth and development, the government's control and welfare focus in public sector organizations, and the non-profit nature of voluntary organizations. The conclusion stresses the importance of considering both internal and external factors within the business environment for effective operations. References include key texts on international business and systems thinking.

BUSINESS AND BUSINESS
ENVIRONEMENT

CONTENT COVERED
 Introduction
 Different types and purpose Organization
 Size and Scope of different type of Organization
 Conclusion
 References

INTRODUCTION
 The concept of business environment deals with all
internal and external factors that influence the overall
functioning of a company including management,
customers, employees, demand and supply and business
regulation.

DIFFERENT ORGANIZATIONAL TYPES AND
ITS PURPOSES
 There are different types of organization that are working
in a business environment such as Private, Public and
Voluntary. Each one is having its own specific purpose and
legal structure that makes them distinct from others.

PRIVATE SECTOR ORGANIZATION
 These organizations are mainly run, managed and
controlled by private individuals. There is less or no
involvement of government in private sector. Players of
private sector contributes significantly towards economic
growth and development. For example: NESTLE

PUBLIC SECTOR ORGANIZATIONS
 These companies are normally regulated and controlled by
government of particular Nation. They are not working
only for the reason of earning profit but also working for
the welfare and development of society. For Example:
TESCO

VOLUNTARY ORGANIZATION
 These are popularly known as non-profit organization
which works within an aim of making society a better
place to live. For effectively running their operation, they
need to seek permission from government bodies.
Example of voluntary organization is OXFAM.

CONCLUSION
 Business environment is the place where firm operates its
activities & operations of business. There are various
internal and external forces exists within or outside firm
which needs to be considered so that operations can be
performed effectively.

REFERENCES
 Cavusgil, S. T., and et. al., 2014. International business.
Pearson Australia.
 Gharajedaghi, J., 2011. Systems thinking: Managing chaos
and complexity: A platform for designing business
architecture. Elsevier.

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