Business & Business Environment (Task 1)

This presentation provides an overview of the types of organizations in the business environment, including private, public, and non-profit sectors. It also discusses the size and scope of these organizations and their objectives. The presentation concludes with the importance of analyzing the business environment for managing alternatives and improving reputation and profits.

BUSINESS & BUSINESS
ENVIRONMENT
(TASK 1)

Cover Content
 Introduction
 Types of organisation
 Public organisation
 Private organisation
 Non profit organisation
 Size and scope of various organisation
 References

Introduction
Business environment is a major term which comprises of each
component which give impact on organisation in both manner
indirectly and directly. Therefore, manager is going to
establish their enterprise, an person have to analysed all
factors which are important for the success of company.
NatWest is a commercial bank which is chosen in this report.
It was established in United Kingdom as well as make them
available of funds at a cheaper interest rates.

Types of organisation
On the basis of scope and structures, organisations are
divided into different sectors among which the three
main broad categories are private, public and non
profit business enterprise. Each one of them has an
entirely different structure and objectives. In order to
understand each they are better explained separately
in the below text.

PRIVATE SECTOR
Such type of companies are worked to earn money only by individual
or group of partners. Their businesses are generally free from
government interference. They contribute major proportions in
GDP of a country.

PUBLIC SECTOR
This type of business are generally regulated and owned by
government. It includes of both kinds of regulating bodies like
as local and national agencies as well. This domain is wider in
nature as well as they want to increase their finance for
enterprise then they can use certain methods such as taxes.
Main aim of public limited companies is to give important
services to entire society.

VOLUNTEER ORGANISATION
Organisations in voluntary
sectors cannot run by
individuals, it requires
many persons. These
companies are working on
non-profit motive in order
to provide welfare to
societies.

Size and scope different organisational
Structure, size and scope of any industry are linked directly with
its business objectives. If an enterprise has large manpower
who possesses sufficient skills and knowledge, then it reflects
a good organisational structure. Such companies can easily
attains its desired target in a specific period of time. A brief
description of public, private and voluntary organisations
about their size, scope and structures are given below:-

Public sector
These organisations are working in order to provide services to
people. Size and scope of such companies are decided on their
type of businesses in which they are dealing with. Providing
services to communities is the main purpose of public
organisation.

PRIVATE SECTOR
The main motive of private companies is to generate profits,
revenue and gain market share. They do their businesses as per
requirements of customers and their preferences. They set
objectives to avail and retain consumers with products. Size of
private companies is generally consists minimum 2 and
maximum 50 members.

VOLUNTARY SECTOR
Firms in this sector raise funds from investors in order to provide
the same to helpless people and organisation for development.
They set goals on basis of people needs. Some companies like
Welcome Trust, Cancer Research UK, Oxfam and more are
voluntary organisations.

CONCLUSION
As per above report it is concluded that it is important for each
type of organisation to analysed its environment in an proper
manner. As their outcomes, they can manage alternatives
easily. Therefore, they can improve their reputation and profits
in a place of market. In this project, there is a description of
many kinds of firms like as private, public and voluntary. In
business, there are having many departments such as human
resource, marketing, sales, finance and many more.

Reference
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).
Boons, F. and Lüdeke-Freund, F., 2013. Business models for
sustainable innovation: state-of-the-art and steps towards a
research agenda. Journal of Cleaner Production. 45. pp.9-19.

Thank You