Understanding Business Environment: Local, National, and Global Businesses, Private, Public, and Third Sector, E-commerce Marketplaces, and Market Structures

INTRODUCTION
Business environment is the sum of the external things of
the industries and firms that affects the business
operations of the firm. The report will be covering about
the meaning of the local, national and global businesses
and meaning of private, public and third sector. The
presentation will also be covering about the brief
overview of local, national, global business by also
including the overview for the public, private and third
sector of the businesses. Later, the presentation will be
showing types of e-commerce marketplaces and market
structures.
BUSINESS ENVIRONMENT
Explanation of the local, national and global
businesses:
• Local business: this is the type of the business under
which the business operations are facilitated in own
city, town and the geographical boundaries. In this, the
selling and purchasing of the products and services are
done in the local boundaries.
• National businesses: this is the business in which
business operations are facilitated inside national
boundaries including moderate range of the customers
at national levels and providing with the variety of
commodities, goods and services.
• Global businesses: this is also knows as international
businesses. The business that facilitates its business
operations outside the local boundaries and provides
with the products and services in between the different
countries are called as the international businesses.
Local business:
• Marsh field bakery.
• Manufacturer of the good quality hand
made cakes, snacks biscuits and more of
seasonal goods.
• Operates in the food and drink sector.
• Located in the Dyrham, Wiltshire.
• Operates with around 45 numbers of the
employees.
• Facilitates its business operations in the
United Kingdom and Europe.
National business:
• Scottish and southern energy company.
• Operates in the energy industry.
• Headquartered in Perth, Scotland, United
Kingdom.
• Facilitates its business operations with
around 11691 numbers of the employees.
• Serves the areas of United Kingdom and
Republic of Ireland.
• Founded in 1998
Global business:
• HSBC holdings plc.
• Multinational universal banking firm.
• Founded in the 1865.
• Operates with its headquarter in 8
Canada square, London, England, United
Kingdom.
• Facilitating the business operations with
around 219697 numbers of the
employees.
• Serves the worldwide area with its
proper business services of the financial
fields.