Business and Business Environment

This presentation provides an overview of the business environment, including the different types and purposes of organizations, the size and scope of different organizations, and the objectives of transnational companies. It also includes a stakeholder analysis and concludes with the importance of a healthy and positive business environment.

(TASK 1)
Business and
Business
Environment

COVER CONTENT
 Introduction
 Different Types and Purpose of Organisation
 Different between organisation
 Size and Scope of different organisation
 Different Through Objectives
 Transnational Company
 Conclusion
 References

INTRODUCTION
 Business environment can be stated as process where
there are various kind of factors within the
surroundings which in turn has positive and negative
impacts on the process of business.
 There are various kind of factors which are being
impacted for functioning, growth, performance along
with objectives in number of ways.

Different types and Purpose of
Organisation
Public Sector
Private Sector
Voluntary Sector

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Public sector:Hierarchical structure is planned by the administrative body and they will produced incomes will be shared among individuals who are working. This section helps to provide food the vast majority of the work chances to people who are living in Joined Kingdom.

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Private sector: A few associations are set up with the intend to pick up incomes and for this, they have to pitch products and enterprises at commercial centre to purchasers. In late time, this has been dissected that various firms are upgrading rapidly and among them most extreme ventures are private in nature.

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Voluntary :In this kind of sector, entry will be taken by individuals as per their own will in order to attain the targets and objectives. In order to do that, they will be needing to do the planning along with entire issues which in turn shall be reduced for surrounding and workplace.

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Legal structure of private organization
Sole proprietorship: This kind of firm is being operated by an individual in
order to uplift the living standards. Person conducting the operations is liable
to bear loss and profits.
Partnership: Partnership is all about having two or more then two members
who comes under legal act with mutual agreement for attaining certain
objectives in effectual manner.

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Legal structure of Public organization
State government: Group formed with the motive of
handling the state issues along with bringing social
welfare is known as state Govt.
Central government: This is the sector which has the
main duty of regulating the country and thus it mainly
possess all kind of powers so that economy of country
can be improved.

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Legal structure of Voluntary organization
Unincorporated associations: In this, group of
individuals come to work together with a common
purpose which is to do various efforts in order to
benefit the public of society.
Incorporated organizations: These type of firms are
recognized by law and has a legal entity from its
directors.

Different Between Three Organisation
Basis of
Comparison
For Profit NPO NGO
Meaning Company set up
in this kind of
factor has aim of
attaining
maximum
amount of
revenue. This is
being done by
selling out
various kind of
products and
services.
This kind of
companies are
being registered
with the motive
of earning
revenue and thus
investing the
entire profit into
social welfare.
Certain products
and services are
being sold.
This sector can
be stated as non
governing body
which has the
focus on giving
social welfare.
This kind of
business mainly
operated by the
independent
people.

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Area of
Operations
This will be
limited or large
as well.
Limited Big
Objectives Drawing and
capturing the
attention of
people by various
kind of people
for the products
and services for
gaining profit.
Promotional
activities are
being done
within this sector
which are like
science, art and
commerce.
Bringing welfare
within the social
and economical
factors in order to
uplift the living
standards.

Size and Scope of Various types of
organisation
Private sector companies: There are various kind of affiliations
which are present within this kind of segment which are generally
known as much more important as there are certain products and
services for the people so that they can gain maximum amount of
profit.
Objectives: One of the main objective of private firms remain to
sustain in market for long run by generate more number of profits.

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Public sector companies: This kind of sector is all about its
scope along with size which are being formulated as per
the company. Major duty of this kind of factor is giving
out the welfare to the society along with addition
fulfilling the needs and wants of people.
Objectives: Sainsbury do various efforts to provide higher
customer satisfaction by offer them quality products.
Further, company’s objective is to maximise sales and to
sustain in market for long run in order to generate more
profits.

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Voluntary sector: It has been observed within this company that the company
has been working under this kind of segment which in turn can be financed
along with sponsors and investors.
Objectives: Oxfam work to provide various services to individuals so they can
live a better life. Company’s aim is to provide different tools to individuals
so they can become self-supporting and can sell their products at fair price.

Difference through objectives:
Micro Small Medium Large
This kind of
company mainly
works with the
purpose of
attaining high
amount of
revenue in order
to maintain the
living standards.
Major focus of
this kind of
strategy is to
have appropriate
lifestyle along
with obtaining
various kind of
chances which
are mainly
available for
them within
marketplace.
Major objective
is the enlarge the
activities of
business at the
global level,
hence this will in
turn improvise
the profit along
with addition
within customer
base.
This kind of
sector mainly
consists of
factors which are
operating their
business at the
international
level from the
past few years
and thus can
provide help to
the Govt. in
improving the
economical
condition of the
country.

Transnational company
Transnational company: This sort of big
business is substantial in nature and
furthermore, they are working their
business in numerous areas in whole
world.

Stakeholder analysis
Stakeholder’s analysis helps company in identify
and analyze the needs of its stakeholders. This
help company in develop a strategic view of the
human. Employees, customers and suppliers are
the major stakeholder of Morrison. Interest and
needs of stakeholder require to be consider by
company before development business strategy
and policy.

CONCLUSION
From the above report, it has been summarised
that business environment of a firm should be
healthy and positive in nature where workers
can work with full of efficiency. Proper
planning can aid organisation in hitting its
desired targets.

REFERENCES
Menychtas, A. and et. al., 2014. 4CaaSt marketplace: An
advanced business environment for trading cloud
services. Future Generation Computer Systems. 41.
pp.104-120.
Moroni, I., Arruda, A. and Araujo, K., 2015. The design and
technological innovation: how to understand the growth
of startups companies in competitive business
environment. Procedia Manufacturing. 3. pp.2199-
2204.
Virglerová, Z., Dobes, K. and Vojtovic, S., 2016. The
perception of the state's influence on its business
environment in the SMEs from Czech Republic.
Administratie si Management Public. (26). p.78.

THANK-YOU