Business and The Business Environment

This presentation provides an overview of the private, public, and voluntary sectors in the business environment. It also discusses the size and scope of organizations such as Marks and Spencer, Tesco, and Oxfam. References are included for further reading.

Business and The
Business Environment
(P1 and P2)

Table of Content
• Introduction
• Purpose of of Private and Public firm
• Voluntary organization
• Size and Scope of organization
• References

INTRODUCTION
Business is commercialised action by which they can exchange
various goods and services. It assist in generating more revenue
and profit. In an organisation, there are various types of employees
who help in gaining profit and maximise it by selling products in
huge market.

Private, Public and Voluntary
Organisation
 Private sector- Private sector includes all profit businesses
which are not controlled as well as run by the government.
This is owned by single or group of people. Only they are
responsible for handling all the risks and enjoying profit as
well.
 Public sector- Public sector refers to that potion of an
economical system that is operated by local, state or national
government. Legal bodies are responsible of investing money
and offering services to common people at minimum prices or
even at free of cost.

Voluntary sector
Voluntary sector- It is also known as non- profit sector having
duty of doing social activity and provide public services to
needy people. For example, these groups provide food to poor
people who are not able to earn money.

Size and Scope of Organisation
Marks and Spencer- It is one of the leading retail company which
is situated in UK. They sale branded clothes, home appliances and
luxury food items to their customers. They manage approx. 959
stores in UK and in 600 stores they only provide food products. It
has almost 82,904 employees who works for accomplishing goals
and objectives in better manner. Total revenue of this enterprise is
approx. 10,622 million.

Contd..
TESCO- It is largest retail sector which has huge market share in
large market place. This is third biggest company which generates
maximum profit in the country. This also provides various types of
goods and services in 13 different countries and they are opening
further stores in different countries . Almost 47,0000 employees
who perform function for achieving target goals and objectives in
proper manner. At same time, they offers products or services to
approx. 50 million customers and only provide quality goods.

Contd..
OXFAM- It is non profit organisation which is large in size and
they usually works for welfare of people. The firm is established in
1942 and the main aim of this organisation is to resolve social
issues.

References
Teece, D. J., 2010. Business models, business strategy and
innovation. Long range planning, 43(2). pp.172-194.
Trkman, P., 2010. The critical success factors of business process
management. International journal of information
management. 30(2). pp.125-134.
International business activity: The co-evolution of MNEs and the
institutional environment. Journal of International Business
Studies. 41(4). pp.567-586.
Welford, R., 2013. Hijacking environmentalism: Corporate
responses to sustainable development. Routledge.

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