Business and the Business Environment

Business and the
Business
Environment
TASK 1

TABLE OF CONTENT
 Introduction
 Different types and purposes of organisations
 Size and Scope of various types of organisations
 Conclusion
 References

INTRODUCTION
Business environment is characterised as place where
business operations that are executed by organisations to
timely attain goals and objectives. Companies have
internal and external factors which directly and indirectly
impacts on system functionality.

TYPES AND PURPOSE OF
ORGANISATION
Business environment have different types of corporations
which execute business operations to generate sufficient
profit. Private and public are two forms of sectors which
are present in market and conduct operations either for
profit, not for profit or serve as NGO.

Comparison between Enterprises
Basis of Comparison For Profit NPO NGO
Meaning Market have various
corporations which are set
up by executive to utilise
money and generate
adequate profits from
business. It is essential that
administration have
sufficient material and
manpower to provide
products and services in
respect to needs and wants
of people.
Non-profit organisation is
defines as firms which
require to provide variety
of items and services in
market to gain adequate
revenue. Owner conduct
activities in such manner
that they have appropriate
amount of funds in
company which are due to
reinvestment of money in
business.
NGO stands for non-
governing organisation
which are started by
individuals as funders and
volunteers. They require to
utilise funds and have
adequate resources to
deliver appropriate items
and services to people to
enhance their health and
living.
Area of Operations This aspect includes firms
which execute activities
either at large scale or at
limited level.
This form of corporations
comprises limited scope
actions.
NGOs require to execute
large scale operations.
Objectives This sector prime goal is to
grab attention of large
number of people to
generate adequate profit.
These firms which are set
to encourage art, science
and commerce concepts
among individuals.
NGO main motive is to
develop underprivileged
communities by providing
them charitable services.

Types of Organisation
Business environment has various types of organisation which
are present in market to attain appropriate positions and
image in market. It is necessary that management
organise activities and make system function in according
to market conditions which help them to timely
accomplish its aims and purposes.