Business and Business Environment.

Business and Business
Environment

INTRODUCTION
Business is the activity of manufacturing or buying and selling of goods with the motive
of earning profit. It can be defined as the any task is done for the the motive of earning
profitability. Business environment have the significant role in the development of the economy.
It produces the goods and services according the market research (Akinseye, and Adebowale,
2016). Dyson is the chosen organisation for this report. It is a multinational company, which is
established in United Kingdom. It deals in vacuum cleaners, air purifiers. Heaters and hair
dryers. It has 12000 employees worldwide. This report will cover the different types of
organisation, public, private and voluntary. It also explain the legal structure of the various
companies. Interrelationship between different functions of the organisation. furthermore, It also
explain the impact of macro environment on Dyson and strength and weakness of the business
and interrelationship between strength and weakness and external macro factors.
TASK 1
P1. Explain different types and purpose of organisations: public, private and voluntary sector
and legal structures.
There are different types of organisation, which is defined the team of individuals
working together for achievement of the conman objective in the organisation. These can be
classified on two basis, one who has a motive of earning profit and another the organisation is
working for social welfare in the society. Categories of organisation is explained under:
 Public sector organisation: These are the organisation which is regulated by the
government with the motive of serving the society. (Allmendinger and et. al, 2017).The
main motive of the these organisation is to contribute in the development of the
economy. National health service is the example of public sector organisation.
Purpose: the purpose of these organisation is to serve the society and help in increase the
standard of individual and Increasing the economy of the country.
Legal structure:
 Central government: these are the business which are owned and controlled by the
central government . All the activities and procedures are ruled in government alliances.
All the funds and investment is procure from the general public only.

 state government: Under this, organisation is controlled by state and central
government and the the organisation which are within the state boundaries.
 Local government: these are the local communities which regulate the organsiation in
approached manner.
 Private sector organisation: These are organisation which owned and controlled by the
single owner of a group of people having conman objective.( Adeola and Ezenwafor,
2016). There is less interference of the government and al the decision is taken by owner
only. Dyson is the British company which deals in hair dryers and electronic products.
Purpose: the main purpose of this organisation to generate maximum profit and expand their
business in to new market place.
Legal structure:
 Sole proprietorship: these are the type of business which is owned and controlled by
the single owner. All the profit and losses will be incurred from owner only and
individual is liable for their liabilities in the business.
 Partnership: this is the legal agreement of two or more people, who are agreed to do
their business in mutual basis. (Bland and Osterwalder, 2019). The profit will be shared
according to the fixed ratio.
 Private limited company: this is the company who have separate entity in the business
and have limited liability for their shareholders.
 Voluntary sector organisation: these are the organisation which operates its business
for the general public. There is no profit earning motive. Shelter is the voluntary
organisation which aim is to serve the society.
Purpose: The main purpose of the organisation is to serve the general public by doing charity in
the society. There is no concept of earning profit.
Legal structure:
 Trust: In this , there are approaches of the individual who are doing business to do
social welfare of the society.
 Unincorporated Association: these are the association which operates its business by
the group of people and doing their work in generalize manner.
Organisation classification on the basis of their size:

 Micro: the organisation which operates their business in limited resources with low
investment and funds and market share of these organisation is is less.
 SME: these are the small medium enterprises which operates their business in limit
resources. These are larger than small organisation and In UK, There are so many
business which working as SME.
 Global: These are the organisation which works on international level with large market
share and high turnover in the company.
P2. Explain the size and scope of range of different types of organisation.
National Health Service: This is the public organisation which is owned and controlled by the
government only and all the funds and investment is procure from tax of the general public.
 Background: It is the healthcare company in United Kingdom and is established in 1948
and mainly working in four countries of UK.
 Size: It is the single biggest employer in the UK with 1.7 million workers across
England, Scotland and Northern Ireland.
 Scope: The scope of National Health Service is to do charity for the population that
required support for disabled people and their families.
 Product and services: The main service of this organisation to serve the disabled
people who are not fine and provide emergency and Urgent care service.
 Vision: To provide best health care service that will help in well-being of the
individuals.
 Mission: To serve the best treatment which gives better lives in the country.
Dyson:
 Background: It is the British company and established in 1991. It deals in household
appliances with good market share.
 Size: It has 12000 employees worldwide and generate 1.1 billion euros net income with
large marker segment (Ferra and et. al, 2017).
 Scope: organisation is to offer innovation products and promote and sell in 49 countries
across the world and become the market leader in UK.
 Product and services: It deals in household appliances like Vacuum cleaner, heaters, air
purifiers, blade less fans and hair dryers.