Different Types and Purpose of Business Organisations

This presentation provides an overview of the different types and purposes of business organizations. It covers the public sector, private sector, and voluntary sector, explaining their roles in economic development. The presentation also discusses the size and scope of various organizations and their mission and vision statements. References are included for further reading.

Business & business
Environment
TASK 1

Content to cover
 Introduction
 Different types and purpose of business organisations
 Size and Scope of a range of various organisations
 Conclusion
 References

INTRODUCTION
 The term business environment encompasses with climate or set
of conditions in which a business operates.
 It contains various factors which creates opportunities and
threats for a corporation, such factors are – socio-economic
conditions, political and technological conditions.

Different types and purpose of business
organisations
 Public sector
 Private sector
 Voluntary sector

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Public sector –This sector plays a significant role economic
development or expansion of a business organisation. Public sector
associations contributes in capital formation by mobilisation of
savings.
For example – HM Revenues and Customs is a public sector entity;
its a non ministerial body of UK government that is liable for
collection of taxes, duties, payment from state support as well as
administration of further regulatory regimes.

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Private sector – It comprises with those forms which are set up by
individuals or a group of persons with an aim to make profits
through effective business activities.
For example – Flybe is a leading regional airline in UK; the fleet
size of the company is 78 and it operates over 85 locations. The
airline launched in 1979 as Jersey European Airways following
the merger of Intra Airways and Express Air Services.

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Voluntary sector – These associations are value driven for a
country; it means voluntary sector associations are formed in
order to accomplish social goals and objectives.
For example – Welcome trust is a voluntary sector organisation; its
a biomedical research charity based in UK. The firm was
established in 1936 with legacies in order to get funds for
improving human and animal health.

Size and Scope of a range of various
organisations
Public sector organisation - HM revenues and customers is obligated for
collection and management of direct taxes, i.e. income tax, capital and
corporation tax, excise duties, stamp tax, environmental taxes etc.
Mission and vision – The mission statement of the organisation is to
improve customers' experience of HMRC as well as developing business
environment of UK. Beside this, vision statement of HMRC is to
improve the extent for which people and firms pay due taxes and receive
credits or payments for which they are empowered.

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Private sector organisation - Flybe is one of the low cost carrier
which was founded in 1979. Presently, the airlines flies over more
than 100 locations of European countries.
Mission and vision – The vision statement of Flybe is to be the best
regional airline in Europe and for this the firm is providing time
saving and cost efficient air access over the globe for regional
clients and also deliver punctuality.

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Voluntary sector organisation - Welcome Trust is biomedical
research charity which is run by donations and charities across the
world. There are more than 2500 employees are presently working
with it and overall endowment of the corporation is £23.2 billion.
Mission and vision – The vision statement of Welcome Trust is to
achieve extraordinary improvements in health by supporting the
brightest minds",

Conclusion
 From the above mentioned report, it get analysed that public,
private and voluntary business organisations plays a crucial role
in economic growth and development of a nation.
 All of these organisations works as per their size, scope and
purpose thus to deliver best of thei services to customers.

References
Chetwood, M. K.,and et. Al, 2014. Transforming a legacy IT
infrastructure into an on-demand operating environment. U.S.
Patent 8,775,232.
Crane, A. and Matten, D., 2016. Business ethics: Managing corporate
citizenship and sustainability in the age of globalization. Oxford
University Press.
Gharajedaghi, J., 2011. Systems thinking: Managing chaos and
complexity: A platform for designing business architecture.
Elsevier.