Business Environment: Types and Scope of Enterprises
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This presentation discusses the various types and purposes of enterprises in the business environment, as well as the scope and size of different organizations. It also explores the impact of macro environmental factors on the performance of Unilever.
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Task 1 Business environment
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Table of content Introduction Various types and purpose of enterprises Scope and size of different organisations Conclusion References
Introduction Various macro environment factor has affect organisation performance at market p lace. It is a management responsibility to analyse these elements on in order to reduce their negative impact on business activities in long period of time. Som e external factors are political, economical, technology, social cultural, govern mental, legal and many more. So that, all these elements has affect organisatio n positively as well as negatively. In this report choose Unilever firm to know t he impact of macro environmental factor on their performance. It is British inte ntional firm which are run their business activities approx 190 nations.
Various types and purpose of enterprises In current business environment various kind of organisation has work with diff erent goals and objectives. But all companies has work for one common rise benefits of people or clients, so that each one companies has sever their servi ces according to needs and want of the customers and they work to achieve t heir aim, objectives in given time frame in an effective manner.
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Continue....... Purpose of Nestle: Nestle make high quality product to their clients through this earn high profits resulted improve living standard of individual in the society. Firm are contribute in development of healthier nations and future. Management of Nestle implemented lean strategy at their work place in order to full fill objective of zero environmental affect. They are enhance livelihood of around 30 million society those are directly related to their working activities.
Continue Privatesectororganisation:Privateorganisationhasnotincontrolof government so that they are only responsible for all profits and loss. They are not take any responsibilities of society and work for profits as well as overall worth of business at market place. Private firms has produce product, services according to needs and wants of customers in order to run whole business activities in an effective manner. There are three type of business are covers under this organisation sector are detail as below:
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Continue Sole proprietors:In this type of organisation, only one person has run whole business activities in an effective manner in order to achieve goals in limited period of time. They have fully responsible for all losses as well as profits. Usually all decision related to work are taken by them with out consider any other opinion. Sole proprietors has flat business structure. Partnership business:In United Kingdom, there are several type of market has create opportunities for business as well as start up's. So that, two and more 'maximum fifty' has come to gather for work to achieve common goals and objectives in given time frame.
SMEs:It is cover under private limited companies. Which have list of board of director for taken decision related to strategies, plan and business function. Small and medium size enterprises has appointed managing director and chief executive officer for management of whole business work in an appropriate ways. Large multinational:Companies those are run their business activities in more then one nation has came under this section. Large multinational firm has matrix structure of their business. They are one director of each one department which are located into different nation as well as at centre level. Continue....
Continue Public sector organisation:Government of United Kingdom has make control over public sector organisation in order to services better quality product and services in long period of time. There working activities are explain by governing body and take responsibilities to all profits as well as loss. Mostly government organisation has not profits centred, they are run their business activitiesforbettermentofsociety.Forexample,educationinstitution, healthcare, social acre, electricity, water supply and many more.
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Continue........ Purpose of NHS: NHS has treated their all clients with respect as well as dignity so that consumer are satisfy with organisation services. They provide higher quality services to patient by focus on their operational activities. Management has implemented government policies at national as well as international level. Legal structure of Public company: Central government:Oversee all divisions of central and state government of United Kingdom. State government:Public company NHS has operating their whole business with one state and contribute profits in agencies and state government function activities. Local government:Provide activities related to management of public sector firm.
Continue Voluntary organisation:It also called non profits organisation which are run their business activities for social development not for profits. The main purpose of voluntary institutions has work for welfare of society. Those who want to run th is kind of enterprises want to register in trust registration act of United Kingdo m. They independently work and not work for government but they assist them in their policies of social well-being. Voluntary firms want to conduct audit rela ted to their expenses and income.
Continue........ Purpose of Oxfam: They are work for public education and sustainability development system. Oxfam has provide quality solutions related to injustice of poverty into the nation. Help to develop better future and ensure about reducing poverty level with in as well as outside the country.
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Size and scope of different types of firms The size and scope of each one organisation has different which are mention as follows: Public Sector: NHS Size:It was established in the year 1948. approx 1.5 million employees has work here and provide position of top five in the world related to workforces. Scope:NHS offer free of cost facilities to clients those are not able to pay higher fee so that these kind of person are not deprived from basic requirements. Each one services of the company has observe in dental as well as optical services. Vision: NHS has ensure that all person has live their life more better as well as healthier.Uses of latest techniques as well as equipment which are Mission:Company has to provide high quality of healthcare services to their clients.
Continue Public Limited companies: In this kind of organisation has listed into stock market and traded their stock freely. Before this, firms want to full fill certainrequirementanddocumentationofstockexchange.Theyare conducting annual meet with their share holders necessarily for one time in whole year.
Continue............... Private company: Nestle: Size:It has run their operation in 194 nation with almost 447 factories. In Nestle more then 339000 workers are working here. L'oreal is a one of the major shareholder of Nestle. Scope: The scope of Nestle has serve their goods and services to entire nation or each one of location of the country with diversify product portfolio that includes medical food, coffee, kit- kat, Maggie, ice cream, frozen foods, baby food, water bottled and many more. Vision: The vision of Nestle is provide high quality as well as safe product to consumer so that they are living healthy life. Mission: Nestle wants to become world leading nutrition organisation by offer healthy goods to their clients.
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Continue NGO and non-profit organisation: The scope of non profits organisation is very large because each one private as well as public limited company has contributetheircertainpartofprofitsindevelopmentofsociety.UK government has make the rule of CSR and all companies want to follow that and donate money in non profits institutions in order to welfare of society.
Continue............. Oxfam Size:Oxfam has run approx 20 charitable firms those are work for reducing poverty at global level. It was established in the year 1942. Scope:There are lots of functional area are available where Oxfam has work like poverty eradication, policy investigation, disaster management, advocacy and many more. Vision:Company want to see world with equality as well as without poverty. They want each one individual has live their life and enjoy their right. Mission:Providing solution to reduce poverty and enhance living standard of all person in the world.
Conclusion From the above report it is concluded that macro business environment has create negative impact on organisation performance as well as productivity in industry. There are many different type of enterprises like private, public, non profits with different kind of working structure like sole proprietorship, partnership, limited company etc. Several external factor like political, technical, economical, legal, environmental etc. has create positive and negative impact so that it is a management responsibilities to reduce it impact and run whole business activities effectively. Through this, they are manage their work and achieve goals and objectives in limited period of time.
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References Baesens, B. and et. al., 2014. Transformational issues of big d ata and analytics in networked business.MIS quarterly. 38(2). pp.629-631. Bah, E. H. and Fang, L., 2015. Impact of the business environ ment on output and productivity in Africa.Journal of De velopment Economics.114. pp.159-171.