business and business environment

Business and business
environment

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................1
LO1..................................................................................................................................................1
P1 Types and purposes of companies sector such as public private and voluntary....................1
P2. Explain the full description of various sectors with their size and scope..............................4
M1. Examine structure, size and scope of different organisation sectors...................................7
LO2..................................................................................................................................................7
P3. Relationship among diverse organisational functions in addition to the ways they link to
objectives and structure of organisation......................................................................................7
M2. Demonstrate the advantages and disadvantages of interrelationships.................................9
CONCLUSION................................................................................................................................9
REFERENCE................................................................................................................................10

INTRODUCTION
The sum and total of external and internal environment is related to business environment
where types of organisation and businesses are available. The type of organisation involves
public, private and voluntary that are running business for different purpose. The business
environment consist factors such as customers, suppliers, clients and its competition which has
impacted on business (Vincent and et. al., 2018). New technology and innovation are used by
management of companies which help to improve the organisational productivity and
profitability. In other words, the conclusion of macro and micro factors has influences operating
situation of a company. This report is based on Bentley motors that is private sector automobile
company providing different models of car and affected the business. This will help to increase
the understanding about different types of organisation along with size, scope, legal structure,
objectives, products and services etc. Moreover, report cover interrelationship between different
department and functions of organisation.
LO1
P1 Types and purposes of companies sector such as public private and voluntary
In business environment variety of sectors are working who are selling different types of
products and services. This is important for organisation to focuses on people needs and wants
then offer products accordingly. If organisation is able to fill the needs and desire of its customer
that means it is running business and attaining the competitive advantages. The Types of
business organisation are as defined:
Private – This is consider as portion of nation’s economic system which is run by individual
and companies. These are considering those organisation which are started with self arrangement
of capital and resources to run a business. the main motive of such organisation is to increase the
and organisational profitability that helps to get the high productivity. For example , Bentley
Motors that is car manufacturing company in UK providing different cars as per customer
demand and their feasibility (Pînzaru, Zbuchea and Vitelar, 2018).
Public – This means a segment which covers under the control of government whether
state, local and national government that support the organisation to run a business for people.
There is need to follow rules and regulations which are formulated by government and not for
profits. These organisations are making larger portion of economy by contributing in the
1