Types and Purpose of Organisations with Their Legal Structure
Verified
Added on 2023/03/21
|13
|610
|32
PowerPoint Presentation
AI Summary
This presentation provides an overview of the different types and purposes of organisations, along with their legal structures. It also discusses the size and scope of different types of organisations. The presentation highlights the importance of understanding the business environment and its impact on organisations.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
TASK 1 Business Environment
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Covered Content •Introduction •Different types and purpose of organisation with their leg al structure •Size and scope of different type of organisation •References
Introduction Businessenvironmentcomprisesofbothinternaland externalfactorsthatdrasticallyaffectfunctioningof companywhichincludesmanagement,customers, organisational culture and business regulation. For success of business an organisation must ensure that all these majorfactorsareconsideredsothattheycanmake effective planning for their business.
Types and purpose of organisations with their legal structure Public Sector Organisations:Organisations that are regulated by government of a country come in category of Public sector.Itconsistsbothservicesandenterprisesfirms which do not work for profit motive. Legal structure: General government State government
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continued... Private sector organisation:These organisations are run by individuals or groups who work to generate profit. They are normally free from control of government. Legal structure: Sole trader Partnership Private limited company Public limited company
Continued... Voluntary organisation:A single person cannot run this kind of organisation alone. This is called as NPO and their main aim is to cater maximum advantages to social group. They provide welfare to society and in addition, it has been determined that profits never distribute amongst their members.
Size and scope of different types of organisation Public sector organisation:United Kingdom's government has to run or regulate London transportation because they are much accountable for this. They are responsible for rail system, road way, taxies, buses and many more. In 2016, regulatory body decided budget for this was nearly £13 billion.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Continued... Privatesectororganisation:Icelandisoperatingtheir businessinfoodmarketwhichissetupinUnited Kingdom. They are providing variety of goods as well as services to purchasers which comprise dry items, meat, fruits, vegetables and many more. They are having nearly 2.5% grocery market part in UK.
Continued... Privatesectororganisation:Icelandisoperatingtheir businessinfoodmarketwhichissetupinUnited Kingdom. They are providing variety of goods as well as services to purchasers which comprise dry items, meat, fruits, vegetables and many more. They are having nearly 2.5% grocery market part in UK.
Continued... Voluntary sector:Not for profits firms are basically get finance by charity as well as donation. In overall world, almost 3 million companies are operating their business as a NPO and providing welfare services to society. They never divide revenues between their members. National health services is an enterprise who is working in this field.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continued... Shareholder analysis:Each and every type of company requires assistance from persons. Thus, they will take support from some shareholder because this will aid an organisation into their growth as well as enhancement. This will also provide improvement to employees who are working with firm.
References Teece,D.J.,2012.Dynamiccapabilities:Routines versus entrepreneurial action.Journal of management studies.49(8). pp.1395-1401. López-Gamero, M. D., Molina-Azorín, J. F. and Claver- Cortés,E.,2011.Environmentaluncertaintyand environmental management perception: A multiple case study.Journal of Business Research.64(4). pp.427-435.