This presentation provides an overview of the different types and purposes of organisations in the business environment. It covers the meaning, area of operations, objectives, and purpose of NGO, NPO, and for-profit organisations. It also discusses the size and scope of various types of organisations. References are provided for further reading.
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Business and Business Environment P1 & P2
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Covered Content •Introduction •Different types and purposes of organisation •Size and scope of various types of organisation •References
Introduction •Business compose and involve various kinds of activities andfunctionswhichhavetoperforminbetterand appropriate manner. •Environment of a business association is not stable in nature and get fluctuate with every due course of time.
Different types and purposes of organisations Basis of Comparison NGONPOFor Profit MeaningThis type of companies are basically aid to bring positivity between individuals; therefore, their living standard will be maintained. These kind of affiliation will be structured by any independent person. Many sort of problems will be face by persons which need to get diminished. For this, products and services need to be provided by firm and generated profits never being shared amongst members. These form of organisation has to offer goods and services to people; hence, they will be able to gain maximum revenues and market share. Area of Operations BigLimitedWill be limited as well as big ObjectivesBasic target is to provide welfare to society; thus, economy will get developed. This kind of segment is developed with the aim of promoting science, art as well as commerce. Generate maximum revenues by providing innovative product and services to customers.
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Continued... PublicSector:Asindicatedbythis,organisational framework is developed by regulatory body. Their members share profits with each others as well. Purpose:It will assist to cater enhancement to economy of nation as their fundamental target is to render maximum welfare to society.
Continued... PrivateSector:Accordingtothis,numeroussortsof arrangements need to be done by organisation by following proper guidelines. Purpose:It is needed for firm to analyse requirements and wants of people so that they will produce items accordingly.
Continued... Voluntary Sector:This type of affiliation formed with the aim of providing welfare to society so that they will be able to cater development to the economy. In relation to Oxfam, they are operating firm to render benefits to people. PurposeFundamental target of this type of association is improve living standard of society so that they will be able to maintain economy of nation.
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Size and Scope of various types of organisations Each company has to done their operational activities as per their size as well as scope. This will comprise small, micro, mediumandinadditionlarge.Therefore,thiswillbe understand by the following description: Micro Scale Medium ScaleLarge Scale Small Scale
Continued... MicroSmallMediumLarge Fundamental target is to generate profits so that individual will acquire financial stability and improve living standard as well. According to this, main aim of organisation is to provide items and services to people as per their wish. Along with, by acquiring opportunities they will improve market share. This sort of organisations want to enlarge their business activities at global level with the aim of increment of customer base. These type of firm aids to cater development and enhancement to economy; therefore, they will bring sustainability at marketplace.
Continued... Scope of Different types of Organisations: •Micro scale •Small scale •Medium scale •Large scale •Transactional scale
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References •Huang-Horowitz, N. C., 2015. Public relations in the small business environment: Creating identity and building reputation.Public Relations Review.41(3). pp.345-353. •Khan, E. A. and Quaddus, M., 2015. Examining the influence of business environment on socio-economic performanceofinformalmicroenterprises:content analysisandpartialleastsquareapproach. InternationalJournalofSociologyandSocial Policy.35(3/4). pp.273-288.