This presentation discusses the different types and purposes of organisations, including public enterprises, private enterprises, and the voluntary sector. It also explores the size and scope of different types of organisations and their objectives.
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BUSINESS ENVIRONMENT
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Table Of Content •Introduction •Different types of organisation and their purpose •Size and scope of range of different types of organisation •Conclusion •References
INTRODUCTION Businessenvironmentisveryimportantconceptin business. Every business have to face different factors due to external environment. In this presentation different types of enterprises and their structure are mention. The scope, purpose, legal obligation of each kind of organisation has been discuss
Task 1
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Different types and purposes of organisations •Public enterprise •Private enterprises •Voluntary Sector MeaningPrivate firms refers to those firms which are owned by private individuals. Public are those which are owned by government of particular country. Voluntary are those in which group of people come together and start business. ObjectivesThe main objective of private enterprises is to earn profits and expand their market share. The main objective public company is to do welfare and earn small marginal of profits. The main objectives of voluntary enterprises is to look about well being of people
SHARES OF DIFFERENT ORGANISATION
Raise of moneyPrivate companies raise funds by equity, debentures and others. Public enterprise are raise funds from taxes, exciseduties and other government revenues. Donation and charity are the fund sources for voluntary enterprises. Employees benefitsIn private companies employees are getting good salary, incentives and wider career opportunities. In public company the employees get the life time security. In voluntary the person is getting the self satisfaction as they are doing job for some good reasons. ExamplesVirgin Group.Tesco and Mc DonaldAmerican red cross
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Main Purpose of Business To bring continuously new innovations. To serve customers To earn profits and sell products across the world
Explain the size and scope of a range of different types of organisations BasisLargeMediumSmall ObjectivesThe objective of large enterprises is to sustain in market and remain at the top position. The main objective of these firms is to expand market and earn more and more profits. Small firms having the objectives of running their business in a way so that they can survive in market and fulfil their basic needs. Market shareThe market share of these firms are very high. Medium firm are providing services in domestic areas of country. These are operating in single areas and fulfilling the needs of customers living near by particular areas. Profit shareHigh profits.Having moderate profit marginsLow profit margins. Growth and sustainability Having good market sustainability and growth. ModerateHigh
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BasicsFranchisingJoint venturesLicensing MeaningIn franchising the one firm gives authority to another enterprise to sell their product by the name of franchise brand. In joint ventures two companies comes together and work on same projects. In this one company gives the license to licensee so that they can use the brand name and manufacture products. RegistrationMandatoryMandatoryNot necessary Training and supportCompulsoryNot necessaryNot necessary Degree of controlHigh controlNo controlControl but lesser than franchising.
CONCLUSION There purpose of operating business is different for various organisation These differences can be in their size, nature, employees, enterprise structure. Company can go for foreign market to expand their business so that more customer can buy their products. To enter in foreign market there are different ways. Such as merger, joint ventures, franchising and licensing. The legal formalities also differ from business to business.
REFERENCES Baraya,A.R.,Budden,M.C.andEscobar,L.M.,2011.Strategically EnhancingBusinessCapabilitiesAndSocialDevelopmentInThe HispanicCommunity.JournalofBusiness&EconomicsResearch (JBER). 6(6). 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. Commander,S.andSvejnar,J.,2011.Businessenvironment,exports, ownership,andfirmperformance.TheReviewofEconomicsand Statistics. 93(1). pp.309-337.
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