This presentation provides an overview of the business environment, including the types and purposes of organizations. It also discusses the size and scope of various organizations and how the business environment influences organizational strategies.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Business Environment
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Content Introduction Different types and purpose of organization Size and scope of various types of organization Conclusion References
Introduction Businessenvironmentisakindoflinkbetween organisation’s actions and its environment. Environment istheatmospheresofacompanybywhichfirm influenceddirectlyorindirectmanner.Wherethe political,economic,social,andtechnologicalfactors shopping a business environment that are evaluated by a business for making forthcoming strategy.
Different types and purpose of organization Following there are different types of organizations which are summarized below: Private Sector Organization:A private sector organization isthatorganizationwhichisowned,managedand controlledbyprivateindividualsorinstitutions. Maximization of profit is main priority of private sector.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continue... Public Sector Organization:A public sector organization istheorganizationcontrolledbyandaccountableto central or state government. Such type of organization is established to deliver services for its people.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Continue... Non-profitorganization:NPOs’areownedinthe privately organisation which doesn’t renders financial advantages for their stakeholders. On the other hand, which are privately incorporated groups with a charitable resolve of not profiting from the actions they carry
Size and scope of various types of organization There are various types of different organization which works on different fields and also in different sizes and scopeswhichmakestheorganizationdifferentfrom others. Organization may be public, private and non- profit.
Continue... Marks & Spencer (M&S): Size: - Marks & Spencer is one of the crucial multinational retailer which is relied upon the United Kingdom. The organisation has a more history throughout UK market, with its first store in 1884. As of 2016, there are 914 M&S stores which are totally located in the UK, and 468 other outlets locations located throughout the planet.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continue... Scope: - The Company focuses on diverse forms of retailing. It offers goods such as clothing, home products and luxury goods, as well as food and drinks throughout the planet which assist them to gain the higher customer fulfilment and also assist them to upsurges their revenue.
Continue... British Foods Plc.: Size: - Associated British Foods is a diversified international food, ingredients and retail group with sales £ 15.4bn, 133,000 employees and operations in 50 countries across Europe, Southern Africa, Asia, America and Australia. Scope: - ABF is a diversified group of industries which enjoy a high degree of autonomy in the running of their operations. They are groundintofivebusinesssegments:sugar,agriculture,retail, grocery and ingredients.
CONCLUSION From the above mentioned report, this can be rightly said that theinnerassessmentofthecitedorganisationrendersthe opportunities of the manager of the cited organisation in order to assess their strengths and weaknesses. This assist in order to implement their profitability and contributes few of the valuable steps that can be used for overcome the weaknesses.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
REFERENCES Fernando, A.C., 2011. Business environment. Pearson Education India. Gebauer, H Fernando, A.C., 2011. Business environment. Pearson Education India. Gebauer,H.,Paiola,M.andEdvardsson,B.,2010.Servicebusiness developmentinsmallandmediumcapitalgoodsmanufacturing companies. Managing Service Quality: An International Journal. 20(2). pp.123-139.