This presentation provides an overview of the business environment and its impact on organizations. It discusses the public, private, and voluntary sectors and their legal structures. It also explores the size and scope of various types of organizations in the UK.
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Business Environment
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INTRODUCTION The definition of business environment means all of the internal and external factors that affect how the organisation functions including employees, customers, management, supply, demand and regulations. It is the sum total of all internal and external factors that influence each other and work together to affect a business. The present assignment is focusing on the activities of Tesco organisation, which is the British multinational grocery and general merchandise retailer with headquarters in England, UK..
Purpose of the public, private and voluntary sector and their legal structures Royal mint public organisation This type of company works for the government companies and their important purpose is to promote well being of the society and to have accurate economic development in the nation. These types of services are usually offer in the metro areas in relation to making safe practice in London (Prajogo, 2016)
Continue.. Tesco private limited company Themainpurposeoftheprivatecompanyistoearn profitabilitybysatisfyingcustomersafteranalysingtheir requirement. Along with this, in order to increase their brand valueintheentiremarketoftheUK,theycanexpand business in different areas. This type of business has a separate legal identity from the owners. Each and every shareholder is the part in the private limited company.
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Continue.. The Cancer Research Voluntary company One of the important purpose of this company is to serve social welfare and promote the services to the people. It is a non profitable company and they are providing their services to the people who are not able to survive.
Sizeandscopeofarangeof various types of organisations Royal mint public organisation Size: - Royal mint is the largest company in the United Kingdom.Thisisspreadacross1458squarekilometres across England. They are producing coin for UK government. Other than that, the annual budget of the company is 5 billion dollars. - Company's scope is based on the size of the business. This companyhaslargesize(MoroniandAraujo,2015). However, they can expand their business in different areas. Along with this, there is a large scope of the organisation to fulfil the expectation of people in order to provide them effective services.
Continue.. Tesco private limited company Size: - Tesco is the biggest retailer chain company in the UK. It has 6,553 store in different areas. They are selling their products and services through the supermarket, hypermarket and superstore in the market. Scope: - Company's scope is based on the size of the business. This company has a large size (Moroni and Araujo, 2015). However, they can expand their business in different areas. Along with this, scope of the organisation is to fulfil the expectationofpeopleinordertoprovidethemeffective services.
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Continue.. The Cancer research Voluntary company Size: - It is the non profitable company, so it cannot explore their size in large areas. There are 3000 employees working in the cancer research company. Scope: -They are providing the effective services in order to improve the quality of people's lives after treatment.
CONCLUSION Inthispresentreport,ithasbeenrecognised about different types of organisations like public, privateandvoluntarysectorsinadditionwith purpose and their legal structures. Along with this, inthereport,itisconcludedaboutall organisations’sizesandscopeofarangeof different types of companies in the UK.