Business Environment Task 1

This presentation discusses the different types of organizations and their legal structure, the size and scope of different types of organizations, and the impact of the business environment on young firm financing.

Business
Environment
Task 1

Cover Content
• Introduction
• Different types of organization and their legal structure
• Size and scope of different types of organization
• References

Introduction
Business environment is dynamic in nature and is the surrounding
where several organisations exist. Several changes made in that
because of its flexible nature. This is of two type’s micro and macro
factors, where micro involves all such elements when modification
is made in all these then it don't give huge impact in business.

Different types of organization and their
legal structure
Business environment involve three types of company in it like public,
private and voluntary.
 Public
 Private
 Voluntary

Private sector
Firm of private sector is running and managing by owner of the
company who introduce it. Although, they are working with the
motive of profit maximisation and covering entire market. TESCO
Plc is private sector relate company founded in 1919 by Jack Cohen
and serving their products in several countries.

Public sector
Companies involve in this sector is control and
manage by government of particular nation.
Main motive behind introducing these type of
organisation is to render services to people
who are living in that country. Best example of
such association is DCMS (department of
digital, culture, media and sports) this is
department of United Kingdom government.

Voluntary sector
These companies are non-profit
organisation who are not working
with the motive of profit
maximisation. Major work of this is
to provide services to society for
social welfare. Voluntary enterprises
are distinct from public and private
Welcome Trust is best instance of
this. Row 1 Row 2 Row 3 Row 4
0
2
4
6
8
10
12
Column 1
Column 2
Column 3

Size and scope of different types of
organization
Public sector company- Department for digital, culture, media and
sport is public sector company which is responsible for culture,
sport in England and media activity Within United Kingdom such as
broadcasting and internet.
Size and scope : DCMS is formed in 1997 by government of UK there
are approximately 550 employees are currently working. They are
responsible for culture, digital, sports and media.

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Private Sector and its description: TESCO plc is the private sector
company serving variety of goods and services to customers.
Size and Scope : respective company is founded in 1919 and currently
working in several countries such as UK, Thailand, Hungary, India,
Malaysia and many other. As per this data of 2017 there are
approximately 4,76,000 number of employees working with them
and they have 6,553 stores.

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Voluntary Sector - Companies come under this is working for social
welfare their motive is to provide development in society not profit
maximisation.
Size and scope – Wellcome Trust is introduced in 1936 and its founder
is Sir Henry Wellcome. They are providing their services in United
Kingdom and overseas along with this presently staff members
working are approximately 2,057.

References
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.
Osterwalder, A. and Pigneur, Y., 2010. Business model generation: a
handbook for visionaries, game changers, and challengers. John Wiley
& Sons.

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