Business Environment Presentation and report

BUSINESS
ENVIRONMENT
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Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
An overview of different types of organisation in different sectors...........................................3
Explanation of the different legal structure including their advantages and disadvantages.......4
The difference between public and private ownership including the different forms of
financing used for both................................................................................................................5
As assessment of the UK competition policy and the legislative framework surrounding anti-
competitive practices...................................................................................................................5
How the competition and Markets authority operates to review business practice and impact
on the consumer..........................................................................................................................6
An understanding of the objectives & fiscal and monetary policy instruments the government
could use to regulate the economy during the recession and its impact.....................................6
An understanding of globalisation & how it affects business, competition and the economy. . .6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
The term business environment denotes to a culture or forces that creates an impact upon
the activities of business as well as on their outcomes. A business environment is not only
limited to a particular sector but is applicable to each type of company in each sector. The
different types of companies are structured with distinct legal identity which is having their own
benefits and drawbacks (Bernanke, 2020). In order to have a smooth and best businesses
practices it is essential to understand the competitive market and comply with all the regulations
of operating country or political party. The present report comprises of a discussion over
different types of businesses with their legal structures including advantages and disadvantages
of each. Further, it also includes a differentiation between the private and public ownership along
with an assessment over UK policies related to competition. Lastly, this report covers a deeper
understanding of globalisation and its affects. The organisation which is being considered for this
report is Asda.
MAIN BODY
An overview of different types of organisation in different sectors
The different types of organisations in different sectors are mentioned under: Private: Such type of businesses operates under their own name without having any
involvement of any government authority in team. Such kinds of companies generally
constitutes to sole proprietorship, partnership or private company. They use to acquire
their funds from either banks, family & friends or from the private investors. A private
company is required to perform their acts by complying to the rules and policies of
company's act. Asda, Tesco comes under the category of private companies. Public: The public companies are those which are being run by government authorities or
by members who are appointed by the ruling party. This could be either at local, state or
at central (national) level. They generally raises their funds from general public through
the issue of shares, bonds or debentures (Contractor and et. al., 2020). Under this type of
companies the majority of the decision making and voting rights that is more than 51%
lies in the hands of government. The main aim of public enterprises is to provide social
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