Business and The Business Environment

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.