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Business Environment: Different Types of Firms and Their Legal Structure

   

Added on  2023-03-21

12 Pages630 Words94 Views
BUSINESS
ENVIRONMENT
Business Environment: Different Types of Firms and Their Legal Structure_1
CONTENT
Introduction
Different kind of firms with their legal structure
Size and scope of various types of organisations
Conclusion
References
Business Environment: Different Types of Firms and Their Legal Structure_2
INTRODUCTION
Business environment can be defined as combination of
internal and external factors which may influence firm's
operational condition.
It can include various elements such as clients, suppliers,
competitors and owners. Improvement in technologies, laws,
legal norms, market trends, social and economic factors are
also impacts on business environment.
Business Environment: Different Types of Firms and Their Legal Structure_3
Different kind of firms with their legal
structure
There are various kind of organisation in
current scenario having their own
objectives and targets to earn profits
or benefits as well. Generally, firms
are classified into three categories
such as private, public and voluntary
sector in which they have their
different goals and procedures to be
conducted.
Business Environment: Different Types of Firms and Their Legal Structure_4

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