Cover content •Introduction •Types of organization •Purpose •Scope and size of organization •Conclusion •References
INTRODUCTION Businessenvironment covers all the external and internal factor which has capacitytoinfluence processofdecision making.
TYPES OF ORGANIZATION Their are mainly three types of organization, private, public and voluntary. Their mission and vision depends on their reason of existence. Some of them focus on revenue while others concentrate on social welfare.
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Purpose Private sector – Maximisation of profit is their main target. Public sector – Their main aim is to make and sell goods and services at cheap rate so needy people can fulfil their basic needs. Voluntary sector – They work on different kind of social issues in order to make this world a better place to live.
Continue... Theresizeandstructures hasdirectconnection with their organisational purpose. Each and every organisationhasa purposetowork.As Publicorganisationare havingtopurposeto providemorebetter servicesandwell-being from their efforts.
SIZE AND SCOPE OF ORGANISATION •Public– Operates at large scale, main source of finance is government funds •Private– Comparatively less expanded and source of finance is self funding and private loans •Voluntary– Entirely different from above two sectors. Gifts and charity is the mode of getting funds
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Conclusion Fromthegivenpresentationitisconcludedthateach distinctenterpriseoperateswithanentirelydifferent objectives.Theirscaleofoperationsvariesdueto difference in the amount of investment in each sector.
REFERENCES 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. Cantwell,J.,Dunning,J.H.andLundan,S.M.,2010.An evolutionaryapproachtounderstandinginternationalbusiness activity:Theco-evolutionofMNEsandtheinstitutional environment.Journal of International Business Studies. 41(4). pp.567-586.