This presentation provides an overview of the business environment, including the different types and purposes of organizations, the size and scope of various organizations, and the impact of environmental factors on business approaches.
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Business Environment (Part 1&2)
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Table of Content Introduction Different Type and purpose of organization Size and scope of various organization Conclusion References
Introduction Business environment simply refers to a surrounding wherein all kinds oforganisationsarerunningtheircommercialactivities.It comprises of two main types of factors named as macro and micro which give impact on every activity of enterprise.
Different type and purpose of organization Publicsector:-Thesekindoforganisationsareestablishedby government bodies with some specific reasons and objectives.
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Continue.. Purpose:-Publicsectororganisationsarebasicallyestablishedto provide welfare services to needy people. Legal structure –Public sector organisations are basically established under government bodies and they working under state and local authority of a country.
Continue.. Private sector – These kind of organisation are privately owned by individual, partners and group of people who wants to make money by their own efforts and services.
Continue.. Purpose –Private sector organisation are very different from public and voluntary services. Legal structure –Privater sector organisations requires to follow norms and policies of government bodies to easily enhance their business structure.
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Continue.. Voluntary sector-This type of organisations properly belongs to social care services. Main objective of them is to attain their specific objective that introduces for social welfare services.
Continue.. Purpose –Voluntary sectors organisations are established to provide various services to needy people. Legal structure –These type of organisations are introduce by trust, governmentbodiesandindividualpersonbutlocalandstate authorise make their own control on its services.
Size and scope of various organization Publicsector–Suchorganisationhaswideandlargescopein economy because their main objective is to provide effective and quality services to each and every individual.
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Continue.. Private sector –These kind of sectors are belongs to privately owned organisation which are establish to earn maximum or appropriate profits easily.
Continue.. Voluntary sector –These type of business organisation's are basically established to provide effective and quality services for social and public care. These firms are basically owned by government bodies and some local authority to provide effective services at several places.
Conclusion Environmental factors play a most important role in a a business approach. These are consider in two different factors as internal and external environmental factors . For this firm require to analyse each and every factors to reduce its negative impact easily.
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References Hamilton, L. and Webster, P., 2015.The international business environment. Oxford University Press, USA. Osterwalder, A. and Pigneur, Y., 2010.Business model generation: a handbook for visionaries, game changers, and challengers. John Wiley & Sons. Shigang, Y., 2010. Competitive strategy and business environment: The case of small enterprises in China.Asian Social Science, 6(11), p.64.