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P1 different type of organisation and their purpose and legal structure

   

Added on  2020-12-23

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Business and the BusinessEnvironment
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Table of ContentsINTRODUCTION................................................................................................................................3LO1.......................................................................................................................................................3P1 different type of organisation and their purpose and legal structure..........................................3P2 size and scope of different organisation ....................................................................................4LO2.......................................................................................................................................................4P3 Relation between different organisation functions.....................................................................4LO3.......................................................................................................................................................5P4 positive and negative impacts the macro environment has upon business operations..............5LO4.......................................................................................................................................................6P5 Internal and external analysis of specific organisations in order to identify strengths and weaknesses.......................................................................................................................................6Porter 5 forces Analysis........................................................................................................................6P6 Strength and weakness interrelate with the external factors.......................................................7CONCLUSION....................................................................................................................................7REFERENCES.....................................................................................................................................8
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INTRODUCTIONBusiness is a process where goods and services are exchanged for money. Businessenvironment refers to the environment which include internal and external factors in it and theyaffect the whole business too much. It is all about customer satisfaction that how their demand meetwith the business. Amazon was founded by Jeff bezoar by 1994. It has high retain chain market inthe world. This report will include the summary of business and business environment and differenttypes of business public, private and voluntary business and what area the legal structure of it andhow it performs in the organisation and environment. Difference between small, micro, medium andlarge type of organisation and their sustainability(Virglerová, Dobeš and Vojtovič,2016). Linkbetween the organisational functions that how they interrelate with each other.LO1P1 different type of organisation and their purpose and legal structurePublic sector- This is the organisations which totally formed by government. It exists forproviding services to citizens and focuses on essential and basic products. They are properly formedwith the rules and regulation of the government. For example amazon is the public company whichis formed by Govt.Legal structure- It runs by the board of directors with help of the shareholders. It can sell theirstokes on stock exchange and also can more profitable in comparison to private company Theyfollow the structure to earn dividend per share on best price. It is an incorporate business.Private sector- Private sectors are totally formed with their own rules and regulation. Onlya few laws impact on the private sectors and this sector are only focuses on make profitability andincrease credibility(Virglerová, Dobeš and Vojtovič,2016).Legal structure- Private business has its secret legal identity. If it wants to be a public company thanit have to change the memorandum of association and article of association. In private sectors theshareholders are also they part of the organisations and they attain meetings and also give theirresponse to them. Voluntary sector- Voluntary sectors are non profit and non government organisations theyexist for serve their better to the society. Its primary purpose is to make benefit for social welfareand public. It is called third sector because it is mixed sector. In this sector people works together incommunity for social welafre
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