Types of Companies and their Scope and Purpose

Business and the
Business Environment

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Various types of company along with their scope and purpose.............................................3
Scope in assistance with size of companies...........................................................................5
TASK 2............................................................................................................................................7
Interrelationship between various activities of organisation..................................................7
TASK 3............................................................................................................................................8
Positive and negative impacts on macro surrounding on operations of company.................8
TASK 4..........................................................................................................................................10
Conduct SWOT analysis of company..................................................................................10
Interrelation among strength and weakness with large factors............................................11
CONCLUSION..............................................................................................................................12
REFERENCE.................................................................................................................................13

INTRODUCTION
Business environment signifies both micro and macro environmental factor that imposes
direct effect on function and operations of organisation. Therefore, it is important for company to
assess all elements in an appropriate manner. In addition with this, coordination is significant for
smooth operations of company during particular phase of time period. In present assignment, the
private organisation is determined as an Amazon, Wellcome trust is determined as voluntary
organisation as well as British Broadcasting is public organisation. These entire organisations
conduct their organisation for various purposes. The current assignment provides discussion
regarding all kind of organisation like public, private in addition with voluntary along with scope
as well as purpose. In assistance of this, the relationship arises between functions of business
organisation that is explained in addition with PESTEL model. At last, the assessment of SWOT
analysis of organisation is carried is conducted in proper manner (Desai, 2019).
TASK 1
Various types of company along with their scope and purpose
As per UK Research, organisation conducts their operations for achieving goal in addition
with objective. There are different kinds of organisation who conduct their company with various
purposes within environment of company and these are determined as a public, private as well as
voluntary company. The private organisation in international atmosphere of organisation will
provide services to different companies. Therefore, they are different kind of organisation that is
going to be mentioned below:
Private organisation the organisation which conduct different operations under such kind of
company are determined as those who conduct through a partnership association corporation and
many more. In addition to this, all these signifies to private organisation and conduct their
functions with aim of gaining profit and fulfil demand of customer at marketplace. These types
of organisation are liberated from any kind of federal procedure and responsible for profit and
loss. There are different example of such types of organisation such as Amazon, Tesco and many
more. These are determined as private organisations and also involve some private organisation
public, sole trader and many more. Thus, the legal structure of private organisation is going to
be mentioned below:

Sole trader handles different function of business organisation in an appropriate manner.
The owner of this kind of organisation has responsibility to perform different kind of function
that is related with operation as well as financial aspect.
Partnership is other kind of private organisation that needs less finance and involvement
of risk is low. Therefore, the example of this kind of company is John Lewis is known as
partnership or organisation (Haynes, Nunnington and Eccles, 2017).
Private Limited organisation these are those kind of organisation who operated their
business and increase their market share. They are not legitimate to sale share in market place to
another player. For example Aridri
Public limited organisation under such kind of company, they are free to market their
share for enhancing profit margin of organisation by offering different types of goods to its user.
Public organisation
These are that kind of organisation who is controlled by government and the main purpose
is to provide quality goods and services to its user in order to increase their standard of living
during particular phase of time period. The company provide their contribution towards ample of
extent in respect of economy of country. In addition to this, there are different kind of company
that involve gas, fertilizers oil and many more. The primary purpose of public company is to
increase profit margin of organisation that leads to growth and success of country by improving
economy.
British broadcasting is determined as an example of this kind of organisation is
controlled by central government of country.
Local authority these organisations are handled by local authority.
Voluntary organisation it's those kind of organisation who conduct their business by trustee and
their primary purpose is to operate their business for welfare of individual person in society in
addition with their improvement. In reference of current scenario, Wellcome is determined as a
voluntary company. Their focus is determined as a social welfare organisation that is given by
Henry Wellcome in year of 1936. In context of these, legal structure is connected to voluntary
company.
Trust in this kind of trust, they focus is on operating their business by trustee and they
also offer finance for welfare of individual person in society in addition with its improvement.
Others Royal charter bodies, communities and many more