INTRODUCTION Business environment play a vital in the market place all over the world. There are many types of of business which operate their business in different ways.Inthefollowingreportmanydifferent businessorganisationlikepublic,privateand voluntary sectors and legal structures companies. All these organisation have their own function to run the business.
P1 Different types and purposes of organisations; public, private and voluntary sectors and legal structures Threearemanydifferenttypesofbusinessorganisations. Which are different from each other in term of functions, purposes and structure of the company. These are public, privates, voluntary and the legal as following. Public sector business organisation-This type of organisation is owned by government of the country of a particular state. In united kingdom, there is a huge public sector business organisation which is Sainsbury's.
Continue.. They do not focus on the welfare of the society. These type of organisation get the finance through personal savings,bank loans,government grants,trade credit and sell shares. For example , Primark is one of the leading brand in the retail industry of united kingdom. This private company operated its business with the purpose of profit maximisation by maximum sales. It has the objective top capture a lion share in retail sector of market place.
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P 2 Size and scope of a range of different types of organisations Size ans cope of a range of public, private, voluntary and legal organisation can be explained as following. Public sector organisation-These companiesdominate the market as they are large in the size. The scope of these companiestoprovidebetterinfrastructuretothe community so that they can get better standard of life. They try to keep a healthy business environment for the people of the society.
Continue.. Size of the business organisation plays a vital role in the company .There are many different size of the public as well as private sector companies. Size of the company depends upon the scope of the company. For example of public sector organisation,there are mostly large size organisation. In the differentorganisation , there can be three types of size like small,mediumandlarge.Insmallsizepublicsector organisation, scope of the business is small according to the size.
REFERNCES Björklund,M.,2011.Influencefromthebusinessenvironmenton environmental purchasing—Drivers and hinders of purchasing green transportationservices.JournalofPurchasingandSupply Management.17(1). pp.11-22. Botha, A., Kourie, D. and Snyman, R., 2014.Coping with continuous change in the business environment: Knowledge management and knowledge management technology. Elsevier. Chavis, L.W., Klapper, L.F. and Love, I., 2011. The impact of the business environment on young firm financing.The world bank economic review.25(3). pp.486-507.
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