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P1 Types and purposes of private, public and voluntary organisation and legal structure

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Added on  2020-12-31

P1 Types and purposes of private, public and voluntary organisation and legal structure

   Added on 2020-12-31

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Business and BusinessEnvironment
P1 Types and purposes of private, public and voluntary organisation and legal structure_1
Table of ContentsBusiness and Business Environment...............................................................................................1INTRODUCTION...........................................................................................................................3TASK 1 ...........................................................................................................................................3P1 Types and purposes of private, public and voluntary organisation and their legal structure.3P2 Size and scope of different organisations..............................................................................4P3 Relationship between organisational functions and their link to organisational objectives. .5TASK 2............................................................................................................................................8Covered in ppt.............................................................................................................................8TASK 3............................................................................................................................................8P6 Interrelation of macro-environmental factors with organisational strength and weaknesses8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
P1 Types and purposes of private, public and voluntary organisation and legal structure_2
INTRODUCTIONBusiness environment is a collection of individuals, organisations and internal-externalfactors which influence the businesses. To analyse and interpret any business organisation thereare few factors which should be considered like political, social, technological, legal etc, whichhas its own positive and negative impact over the business firms. In this report three companiesare selected according to their nature of ownership which are Carillion, Maplin and Wellcometrust, all these companies has a similarity that due to few financial crises and administrativeinefficiencies all these organisations are on their way of dissolution and permanent closure. TASK 1 P1 Types and purposes of private, public and voluntary organisation and their legal structureEvery organisation has a unique legal structure according to their nature of size, scopeand structure and every organisation has a obligation to follow all legal compulsions which arepre determined by the government authority. Such organisations can be classified as public,private and voluntary organisation and there legal structure is presented below:Public companyPublic companies include all organisations whose major ownership or shareholding is inhands of general public. Shareholders and appointed directors has major control over theactivities and operations of the company ( Chavis, 2011).Carillion is a construction company based in United Kingdom. Carillion has acquiremultiple business and was listed on the London Stock Exchange, but after experiencing financialdifficulties in past few years it is on its of liquidation. The main purpose of Carillion is to createlong term value for its stakeholders and make world a better place to live.Legal Structure of Public companyA public company has a separate legal entity which has a compulsion of having atleasttwo shareholders with a minimum issued capital of 50000 euros. Public companies aremandatory to be registered with all necessary compilations.Private CompanyPrivate company is an organisation which is owned by private individuals or group ofindividuals, who may not offered their shares in general public and operates under legalrestrictions which are less than public company.
P1 Types and purposes of private, public and voluntary organisation and legal structure_3

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