This presentation provides an overview of the different types and purposes of organisations in the business environment. It discusses the size and scope of various types of organisations, including private, public, and voluntary enterprises. The presentation also explores the objectives and examples of each type of organisation.
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BUSINESS ENVIRONMENT
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Table Of Content •Introduction •Different types of organisation and their purpose •Size and scope of range of different types of organisation •Conclusion •References
INTRODUCTION Business environment play a very important role in business operations. Business need to face uncertainty. Because there are different kind of changes take place in environment. There is two type of environment that is micro and macro. These both influence business in larger extend. Internal factors are those factors which take place inside the firm.
Task 1
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Different types and purposes of organisations •Public enterprise •Private enterprises •Voluntary Sector Meaning Private enterprise are mainly owned by government. These are large enterprises. They are working in order to serve society.For an example ALDI is a private company working in the UK. Public enterprises are owned by private individuals, cooperation, partnership and others. The structure is very important from public enterprises. NHS is public organisation Voluntary are non profits enterprises. The main motive of these enterprise is to serve society and make this world better place. Diabetes UK is a NGO working for diabetic patients. Objectives The main motive of private enterprises is to earn maximum revenues and retain customer for longer term. ALDI is having objective of profit The main motive of public enterprises is serve people of country.NHS is working for the society and public of the UK. The main objective of voluntary enterprise is to make this world a better place. Diabetes UK is having objective social welfare.
SHARES OF DIFFERENT ORGANISATION
Raise of money The main source by which private enterprises are raising money is equity and debts The main source of capital for public enterprises is taxes, duties and other penalties The voluntary firm raised money from donation and charity Employees benefits In private enterprises are employees are getting benefits of compensation, good salary and future opportunities. In public enterprises employees are getting life security. Different plans regarding allowance and retirement. In voluntary the employees are getting self satisfaction as they are doing welfare of people. Examples Virgin, AldiTesco, Mc DonaldAmerican red cross and UNICEF.
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Main Purpose of Business To bring new innovation in market so that existing problem can be solved easily. To sell goods and services to customers. To generate profits
Explain the size and scope of a range of different types of organisations BasisLargeMediumSmall Objectives The objective of large enterprise is to expand their business in other countries and maintain the leading position in market Objective of medium enterprises is to growth business, earn more profits and comes under top companies The objectives of small scale enterprises is to sustain in market and earn enough profits so that they fulfil their basic needs. Market share Market share of large enterprises is very large they have business in home country as well as other foreign countries also The market share of medium enterprises is smaller than large enterprises. They serve in their domestic areas and other regions also. The small enterprises market share is very narrow. They only serve in local regions. Large enterprise earnMedium enterprises earnLow profit margins.
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BasicsFranchisingJoint venturesLicensing Meaning Franchising means giving authority to someone to run business in the name of franchisor. In joint ventures two companies together and start their business on particular project and after completion of project they get separated Licensing refers to giving authority to manufacture the products in the name of licensor. Registration In franchising registration is compulsory. In joint ventures are it is compulsory to get registered. In licensing registration is not mandatory. Training and support It is very mandatory in franchising to give training and support to franchisee. In Joint venture training is not required because both firms are doing their individual functions In licensing training is not required. High degree of control.Low degree of controlModerate
CONCLUSION There are different kind of enterprises are there. Each type of enterprises are having own scope and size. Their nature, size, structure all are different. They have their own motive. For expanding business different ways are adopted such as franchising, licensing and joint ventures.
REFERENCES Baraya,A.R.,Budden,M.C.andEscobar,L.M.,2011.Strategically EnhancingBusinessCapabilitiesAndSocialDevelopmentInThe HispanicCommunity.JournalofBusiness&EconomicsResearch (JBER). 6(6). Chavis, L.W., Klapper, L.F. and Love, I., 2011. The impact of the business environment on young firm financing.The world bank economic review. 25(3). pp.486-507. Commander,S.andSvejnar,J.,2011.Businessenvironment,exports, ownership,andfirmperformance.TheReviewofEconomicsand Statistics. 93(1). pp.309-337.
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