This presentation explores the dynamic business environment and its impact on organizations. It discusses the various types of organizations, their purposes, and the size and scope of different businesses. The presentation also highlights the importance of assessing these factors for effective functioning.
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Business Environment P1 AND P2
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Table of Content •Introduction •Various types of organisation with their purpose •Size and scope of range of various business organisations •Conclusion •References
Introduction Every business organisation have to operate in environment which is dynamic in nature and keeps on changing with time. Hence, it become necessary to examine various factors that affect the functioning of company in various ways.
Size and scope of range of various business organisations Every business is differ from each other as per the size, scope, stakeholders etc. There is a need to assess them properly so that better and effective working could be done in a beneficial manner.
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Public sector Public sectorSole traderVision and mission Private companies are established for gaining more or more revenue by satisfying consumer needs. Along with this, they are also trying to create a long term relations with customers in order to continue business for longer time frame. This association is run by single entrepreneur which meansowneris responsibleforassetsor liability. The vision statement of burger Farm is to top most leading company dealing in this sector and mission message underlines satisfaction of customer';s needs and wants to provide them good quality products to eat.
Private sector TypesVarious aspectMission and Vision Mainly these organization are regulated or handled by legal bodies due to which their size are much larger then other association because their motive is to facilitate society by offering necessary services. Government:- Funds are acquiredbygoverning bodies if there is lack of capital as well as defend consumersduring exploitative activities. Society:- It refers to people living together in society who are dependent with each other for number of functions. The main mission of Barclays is to provide financial services to their clients which are spread over different part of nation.
Voluntary sector Thistypeof institution isfocused onperforming welfareactivities henceitinclude NGOsthatworkon conceptofnoprofit no loss. Theyregularly makeeffortsto develop society so that they can able towork accurately. Control so many issues andimpactsthatget ariseinnumberof situations. The main mission of company institution is to address major problem and adversity that is happening in society so that sustainable development can be done. TypesObjectiveMission and Vision
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Various types of organisation with their purpose Corporate world is having their own scope, size and reason behind establishing an associations such as ; few are profit oriented, consumers oriented and some are society development.
Public sector According to this term it has been assessed that it is also known asstatesectorbecausemainreasonbehindestablishing public companies is to facilitate entire society with necessary facilities
Private sector Entrepreneur whose main reason behind establishing a business entityistogainmaximumbenefitbysatisfyingneedsor desires of maximum clients.
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Voluntary Sector As per this element it has been assessed that instead of private or public there is also another institutions that are established for betterment of society or needy people.
Conclusion Business environment is the sum of all factors that are presentinsideandoutsideoforganisation.These have to be examine properly so that work process can be conducted effectively and efficiently
References Agarwal,R.,Grassl,W.andPahl,J.,2012.Meta-SWOT: introducing a new strategic planning tool.Journal of Business Strategy.33(2). pp.12-21. Aterido, R., Hallward-Driemeier, M. and Pagés, C., 2011. Big constraints to small firms’ growth? Business environment and employment growth across firms.Economic Development and Cultural Change. 59(3). pp.609-647. Burns, C. and Winter, S., 2011. Introduction.Australian Farm Business Management Journal.8(2). p.iv.
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