logo

Types and Purpose of Organizations

   

Added on  2023-01-10

17 Pages4478 Words88 Views
BUSINESS AND BUSINESS
ENVIRONMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Explain different types an purpose of organizations; Public, private and voluntary sectors
and legal structures.................................................................................................................3
P2 Explain the size and scope of a range of different types of organisations........................6
TASK 2............................................................................................................................................9
P3 Explain relationship between different organisational functions and how they link to
organisational objectives and structure..................................................................................9
TASK 3..........................................................................................................................................11
P4 Identify positive and negative impacts the macro environment has upon business
operations supported by specific examples..........................................................................11
TASK 4..........................................................................................................................................13
P5 Conduct internal and external of specific organizations in order to identify strength and
weaknesses...........................................................................................................................13
P6 Explain strength and weaknesses interrelate with external macro factors......................14
CONCLUSION............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
Business environment is defined as collection of all the internal and external factors
which involves customer, suppliers, government, employees, market demand or supply and
many more. Business environment is very essential to analyse as this is helpful in meeting
expectations of customer in a very prominent way so as to earn high revenue and goodwill in
marketplace. This report includes all the aspects of business environment along with the
company Dyson. Dyson is a British owned technology manufacturing company which is leader
in manufacturing household electronic appliances. One section of this report several
organisation in which size, scope and legal structure along with their interrelationship within
organisational functions which is helpful in attaining business objective in prominent manner.
Along with this aspect organisational structure is helpful in achieving long term sustainability
so as to provide the business high end market stability. Furthermore the report is enlightening
positive and adverse impact of macro environment on the business functions. This is helpful in
recognising strength and weaknesses of the business and those factors which are directly related
to the external factors as well so as to achieve long term sustainability and profitability
(Prajogo, 2016).
TASK 1
P1 Explain different types an purpose of organizations; Public, private and voluntary sectors
and legal structures
Private organisation
This is defined as the type of business which is getting controlled by a single person or
the group of persons. There are various ownership types within this such as sole proprietorship,
partnership firm or company. This sort of business organisation is working for earning high
profit and market share by rendering satisfactory services and products. In the context of Dyson
the company is dealing in manufacturing of house appliances in which they are proving best
example of this business organisation.

Purpose: The main purpose of this business organisation is to earn huge profit by
rendering their services and product to customer and meeting their needs by business
offerings. They are highly focused on offering something unique to their customer in
order to attract them in a very prominent manner. For instance Dyson is continuously
innovating their products and offering new features to them so as to maintain and
sustain their customer base (Brandsen and Honingh, 2016).
Legal structure
Sole proprietorship: This legal structure is defined as the structure in which
individual is having whole and sole control over the business and sole authority is
being executed by a single person. Within this less legal implications are imposed by
which profit and risk is beard by a single personnel. Example of this structure could
be carpenter, beauty salon and many more.
Partnership: This is handled by more than one person forming an agreement of
partnership so as to execute business functions in effectual manner. There are various
norms which are included in partnership agreement by which effective operation can
be carried out. Within partnership agreement rules pertaining to profit sharing and
capital has been included.
Company: It is associated with two terms in which public and private sector. When a
company is gathering funds form public then this type of company is called private
company and if funds are gathered from private sources then this is called private
company. The major objectives of both the company is to earn profit and to provide
revenue to their shareholders. For instance Dyson is a privately held company.
Public organisation
This sort of organisation is working under governmental supervision and they are
benefitting public organisations and various societies. This kind of organisation is providing
high advantages to public and society. For instance crown commercial is known as best
example of this type of organisation.
Purpose: The major purpose of public sector business it that these are having assistance
of government in order to render societal welfare. This is the way by which profit are
earned by them. In the context of Crown commercial services accounting services are

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business and Business Environment
|18
|4819
|90

PRO19 Unit 1 - Business and Business Environment
|17
|5156
|41

Different Types of Organizations and Their Legal Structure
|20
|5249
|81

Business and Business Environment: Types of Organizations and Interrelationships
|16
|3699
|72

Business and Business Environment.
|12
|3677
|59

Understanding Organisational Types, Functions, and Structures in the Business Environment
|22
|5144
|408