This presentation provides an overview of the business environment, including the different types and purposes of organizations and the size and scope of various types of organizations. It emphasizes the importance of understanding the dynamic nature of the business environment and its impact on business operations.
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Business Environment (TASK 1)
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TABLE OF CONTENTS •Introduction •P1 Different types and purposes of organisations •P2 Size and Scope of various types of organisations •Conclusion •References
TABLE OF CONTENTS •Introduction •P1 Different types and purposes of organisations •P2 Size and Scope of various types of organisations •Conclusion •References
INTRODUCTION Business environment can be defined as the place where various activities and operations of the business are being carried out in an effective manner so as to achieve the goals and objectives of the organisation.
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Different types and purposes of organizations In the current business environment, there are several companies who are conducting their business operations within their sector. To earn more and more profits and fulfilling their aims and objectives as well.
Profit making company It can be defined as body which is being established with the aim of earning profits only. The main target of these kinds of companies is to increase their revenue by selling their goods and services in the market.
Non Profit Organization It comes under those kinds of companies where selling of products and services is done without having an aim of earning profits. The money which is received by selling goods is not shared with the owner instead it is reinvested in the companies.
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NGO It is considered as a non-governing body whose main aim is to do welfare of the society and get established there as well. These kinds of businesses are generally done by single individuals only.
Size and Scope of various types of organizations Private Sector Companies: Size of private companies can be described as : •Minimum Members- 2 •Maximum Members- 50.
Continue... Public Sector companies The size of public companies are as follows :- •Minimum Members- 7 •Maximum members- Unlimited
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Continue… Voluntary Sector In these types of companies, money is operated through investors and sponsors. Oxfam is a voluntary company which is registered in UK and more than 15 charitable trust are being working under this.
Conclusion Fromtheabovepresentation,itcanbeconcludedthat businessenvironmentisaveryimportantpartofa businessorganisationsincefromhereonlyallthe resources are obtained and all the operations are being performed. These kinds of environment are considered as dynamic in nature and changes with time so it is required thatthemanagementshouldunderstandallofthese changes so that it does not have any bad impact on them.
REFERENCES Agarwal,R.,Grassl,W.andPahl,J.,2012.Meta-SWOT: introducing a new strategic planning tool.Journal of Business Strategy.33(2). pp.12-21. Aterido, R., Hallward-Driemeier, M. and Pagés, C., 2011. Big constraints to small firms’ growth? Business environment and employment growth across firms.Economic Development and Cultural Change. 59(3). pp.609-647. Auzair, S., 2011. The effect of business strategy and external environmentonmanagementcontrolsystems:astudyof Malaysianhotels.InternationalJournalofBusinessand Social Science.2(13).
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