COVER CONTENT •Introduction •Types of organisation •Purpose •Scope and size of organisations •Conclusion •References
INTRODUCTION •Businessenvironmentisdefinedasallthe external and internal factors that has ability to influence decisions taken by an organization. It hastwomainparts,Microandmacro environment.
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TYPES OF ORGANISATION Therearemainly three types of organization public,privateandvoluntary.Theyhave different purpose and objectives which depend on the resources available to them.
•Public Sector – Their main purpose is to fulfill need of society, they follow all the rules and regulations made by government. •Private Sector – Their main aim is to earn profit by selling goods and service which generate high revenue. PURPOSE
CONTINUE •Voluntary organization – Their main purpose is tosolvevariousproblemsthatexistinthis society. Their focus on social wealth instead of material wealth.
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Size and Scope of Organization •PublicSectorOrganizationmayhave involvement from state or national government. Majority of the share are own by government which is the main reason that they have to follow all the rules and regulations.
CONTINUE •Typesoforganizationexistinprivatesectorare partnership, sole proprietorship and company etc. •In sole proprietorship, one person is responsible for taking all the decision. They operate at a very small level. Example are electrician, plumber etc.
CONTINUE •In Partnership, 2-20 people work together. They have limited area of operation and they work according to their partnership deed. •Company has complicated structure, their area of operation is more compared to others which is the main reason that they addition trouble in business.
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CONCLUSION It can be concluded that in business environment, there are various types of organizations like private, public, voluntary etc. Some of them target profit while other focus on fulfilling the needs of society.
REFERENCES Pingali, P.L. and Roger, P.A. Eds., 2012.Impact of pesticides on farmer health and the rice environment(Vol. 7). Springer Science & Business Media. Harrison, R., 2011. Learning and development.Development and Learning in Organizations: An International Journal. 26(1). Chen, H., Chiang, R.H. and Storey, V.C., 2012. Business intelligence and analytics: From big data to big impact. MIS quarterly, 36.(4). pp.1165-1188. Klapper, L.F. and Parker, S.C., 2011. Gender and the business environment for new firm creation. The World Bank Research Observer, 26.(2). pp.237-257.