Business and Business Environment

Business and business
environment
TABLE OF CONTENT

Business and business environment.......................................................................................................1
INTRODUCTION.................................................................................................................................2
MAIN BODY........................................................................................................................................3
LO1.......................................................................................................................................................3
P1 Types and purposes of organisations............................................................................................3
P2 Size and scope of organisations....................................................................................................5
LO2.......................................................................................................................................................7
P3 Interrelationship between Organisational functions and objectives, structure..............................7
CONCLUSION.....................................................................................................................................9
REFRENCES......................................................................................................................................10
INTRODUCTION
Business and business environment can be understood as the overall working scenario
under which companies are operating their businesses with diverse innovation products,
services delivery and the various functional ethics which are part of it. Globally businesses
among companies are highly evolving with latest digital marketing platforms, new research
channels and the various thresholds onto which companies can gain larger business expansion
and diversification for reaching world audience and generation of high end targets of
profitability and goodwill generation. The report explains various areas of business
environment along with diverse types and purposes of their functions which are part of the

various parameters onto which their functioning can be understood for the larger
productivity. The report further explains scope of companies along with their size through
which they can be divided for deeper understanding. The report further discusses vivid
interrelationship between organisational functions and objectives, structure with detailed
analysis of various company management actions which are highly interrelated for higher
profitability and goal attainment (Abugre and Anlesinya, 2019).
MAIN BODY
LO1
P1 Types and purposes of organisations
There are various types of organisations which can be understood with their type and
purposes onto which they are formulated for larger business functionality and goals
diversification among large customer base segments. The types can be segregated into
various categories such as public companies, private companies and voluntary sector
companies which are highly different from each other on various parameters which enable to
analyse the various implications. Public companies can be understood with the fact that the
various parameters onto which their structure is expanded, with high number of shares being
available for public to invest in which are traded onto trading platforms globally. Public
companies are highly expanded into large arenas with diverse functional units operations
expanded globally within large customer base market share, which makes the reach of public
companies highly wide. Purpose of public companies can also be understood with the fact
that they have high innovation and accretive development business gaols into their working
objectives to serve large customer base market share. The shareholders are highly spread into
various parameters with wide undertaking of shares which are highly connected with the
goals of public company onto which the goal is expanded. However the shareholders do not
have any decision power for their role into company business functioning as they have only
their money invested within company model, but no interference of any other external person
can be implemented for public sector (Arnold, Beauchamp and Bowie, 2019). HSBC is one
of the biggest public company having various large customer segments and high goodwill
produced from large working parameters onto which they can functionally target various new
working zones. The SBC bank being one of the biggest public company formulates its
objective to productively provide various business services to various customer segments ,

large online presence which males the strength strong and diversified into various productive
channels. HSBC is one of the best example to an analyse the scope and purpose of public
company among customers marketing segments, where they are highly correlated and
strength evolves the functional chains of productivity for company business segments.
Private companies sector are highly different from the public sector companies as the
base of private company business functioning are the wide functional units which are enabled
by shareholders money invested into company. Private company shareholding is only limited
to some people who have high interest for investment into the shares and have been holding
optimum power to take decisions for further functional efficiency of gaols functioning. The
shares of private company are not open for public to invest and are not traded on trade
markets, which limits the expansion and promotional functions if the company is newly
formulated. Shares of private companies are interrelated on the various business functions
which are diverse and expansion is based on profitability goals (Caseiro and Coelho, 2019).
Private companies are highly integrated with skilled employees who are not only innovative
minded and goal oriented but have diverse business functional experience to bring strong
business role diversification on larger business horizons. Private companies are highly
focused towards bringing higher profitable goals, large specification of business targets
which yields higher technical efficiency for people. IKEA is one of the most evolving private
sector company in retail industry which has established high end business services, funnel of
creativity and bringing forward new innovative tools through which it can serve large
customer base and attain huge expansion. IKEA has successfully programmed various new
working parameters into various new zones with high number of stores into various high
internationalisation, domestic business funnel with the various high end innovative tools.
The purpose of private company is highly relative with high profitability sales
revenue business targets and larger business expansion with huge capital funding from
various shareholders. The shareholders are considered to be most important business segment
factor for company growth in industry as the high capital investment can be attained only
from the shareholders. These also posses large voting power within company business
segments as the determinants are highly correlated with diverse business functional units and
innovation with high marketing fundamentals which enables company to reach large business
sectors into international market horizons. The voluntary sector companies can be understood
with the fact that their business goals are limited to provide customers and client affordable
services, better societal values aspects and the various new working segments which can be