Business and Business Environment Task P1, P2 Report Analysis

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Added on  2023/03/30

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This report examines the business environment and its influence on organizational operations. It begins with an introduction and outlines the study's objective: to identify the environmental impact on various organization types. The report then delves into the different types of organizations, including private sector, public sector, and voluntary organizations, detailing their purposes and characteristics. The private sector is discussed in terms of profit maximization and organizational structure, while the public sector focuses on economic transformation and capital formation. The voluntary sector emphasizes serving people and delivering societal advantages. The report further explores the size and scope of these organizations at local, national, and international levels, concluding that understanding the business environment is crucial for achieving organizational goals. References are provided to support the findings.
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Business and Business
Environment
Task P1, P2
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Covered content
Introduction
Objective
Types of organization
Purpose
Size and scope of various organization
Conclusion
References
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Introduction
Business environment is the combination of
internal and external factors those are influence
company operational situations.
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Objective
The purpose of the study is to identify the
environmental impact on various types of
organisations.
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Types of organisation
Organisation is a group of people that are having
particular objectives like a business or
government institution.
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Private sector organisation
Public organisation
Voluntary Organisation
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Private sector organisation: These types of businesses are
owned and operated by individual separately. It is for profit
businesses that are not owned or managed by regulatory
body.
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Purpose of Private organisation
Profit Maximization
Transparency in reporting
Select correct organisation structure
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Public Organisation
Public organisation: It refer to that body or
government which are govern and controlled
publicly funded agencies institutions.
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Purpose of Public organisation
Transformation of economy
Help in redistribution of income and wealth
Source of capital formation
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Voluntary Organisation
Voluntary sector: It is the role of community
sectors of social activity that are undertaken or
controlled by organisation that are not for profit
motive.
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Purpose of Voluntary Organisation
To serve People
These are based on political, Social, religious
or charitable purpose
Delivering tangible advantage to our society
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Size and scope of various types of
organisation
Private sector organisation: The amount of capital
invested by individual and group in a business and carry a
hope that it will be revert back in future.
Public sector organisation: These are primary associate
with their requirement by offering best services which are
crucial for the business as well as society.
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Local level: These types of business entity are functioned at
local level.
National level: Many business are business that are
operating nationally and are expanding its branches in entire
nation.
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International level: These type of business
which are operated out side the boundaries of the
countries.
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Conclusion
From the mention presentation it has been concluded that
business environment can help to achieve organisational
goals. Various types of organisations are explained under
this that how they are using external environment in their
business.
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References
Ahmed, I., Aamir, M and Ijaz, H.A., 2011. External factors and
entrepreneurial career intentions; moderating role of
personality traits. International Journal of Academic
Research. 3(5).
Aterido, R., Hallward-Driemeier, M and Pagés, C., 2011. Big
constraints to small firms’ growth? Business environment and
employment growth across firms. Economic Development and
Cultural Change. 59(3). pp.609-647.
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Thank You
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