This presentation provides an overview of the business environment, including the different types of companies and their legal structures, as well as the scope and size of different kinds of companies. It emphasizes the importance of analyzing the business environment for the success and sustainability of an organization.
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Task 1 Business Environment (TASK 1)
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Table of content Introduction Different purpose and types of companies with their legal structure Scope and Size of different kinds of company Conclusion References
Introduction The sum total of all particular person, institution and other external forces that are not in control of enterprise but company is still depend on it because it affect the business sustainability as well as its overall performance. Business can successfully establish but sustaining for a long time within marketplace they have to analyse the environment of the business.
Different purpose and types of companies with their legal structure PUBLIC SECTOR COMPANY:This types of business is mainly controlled as well as owned by government. It involve regulatory bodies like as local, national and their agencies as well.
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Continue... PRIVATE SECTOR COMPANY:Organisationis running a business within private sector are mainly regulated, held and managed by an particular person or any type of private company.
Continue... VOLUNTARY COMPANY Thiskindofcompanyisnotownedorregulatedby themselves. It is called as non-profit companies. Major reason behind their formation is to give advantages to society by making higher efforts for society welfare. In this, they never distribute their revenues within their members.
Scope and Size of different kinds of company Public sector company TransportforLondonisoperatedbyUnitedKingdom government as well as theyare alsoresponsible for conveyance system within London.
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Continue... Private sector company Starbucks is a American coffee organisation which isestablishedinWashington.Inthis,they supply various types of products as well as services to their customers and it consists of tea, smoothies, sandwiches, coffee beverages etc.
Continue... Voluntary sector Non-profit organisations are mainly funded by charities and donations.Inwholeworld,therearehaving approximately 4 millions organisations.
Continue... Shareholder analysis Each and every type of company require to support a particularperson.Hence,itisnecessarytodevelop services of bondholders within the organisation as due to this it help in ensuring development as well as its success projects on which peoples are working.
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Conclusion Asperabovereportithasbeenconcludedthatitis important for each type of organisation to analyse its businessenvironmentinaneffectivemanner.Asits outcomes, they can manage all the alterations very easily. Therefore, they can improve their organisation reputation as well as its profits within a marketplace.
References Ahmed, I., Aamir, M. and Ijaz, H. A., 2011. External factors and entrepreneurial career intentions; moderating role of personality traits. International Journal of Academic Research. 3(5). Auzair, S., 2011. The effect of business strategy and external environment on management control systems: a study of Malaysian hotels. International Journal of Business and Social Science. 2(13).