Business Environment Task 1.

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Added on  2023/03/20

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Business
Environment
Task 1

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Cover Content
Introduction
Different types of organizations
Size and scope of various types of organizations
Conclusion
References
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Introduction
A business environment consists of internal and external
factors that affects company's functions which includes
employees, customers, management, supply of goods, demand
and organization regulation. In this module three different
types of business organizations includes that are working in
distinct area, namely private, public and voluntary sector.
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Different types of organizations
There are a huge range of
businesses, that are serving their utmost
services with their prosperous and
optimistic approaches, yet they have
distinct vision or mission but the only
aim they follows is to get victory.

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Continue....(Private)
Purpose: The paramount
purpose of Virgin Atlantic is
to avail various classes of
travel with quality of services.
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Continue....(Public)
Public or state sector is the part of
economy, which comprises both
public services and public
enterprises
Purpose: NHS has a purpose to
provide major services to public
at free of cost at some points.
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Continue....(Voluntary)
Voluntary sector: Voluntary sector
is a non profit of non
government strategies, this sector is
considers as third sector, in
contemporary with private and
public
Purpose: Its purpose it to achieve
prodigy amendment in health by
supporting the brightest minds.

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Every organization has a
different size and scope
according their nature, they
work to accomplish certain
objectives and aims which was
set by themselves to attain
within a prospective time period
Size and scope of various organizations
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Continue....
Public sector: Public sector is established with the government
and public shares, for the benefits of public. It has involvement of
government, so it is regulated by legal and government bodies
and that's why it considers as large organization than private.
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Continue....
Size: It is serving in the United Kingdom and overseas with a
disbursement around £11 billion, endowment nearly £23.2
billion with employees which ranges approximately 2,057.
Voluntary sector: It is known that voluntary sector is a
completely charitable, and it carry out its operations on
funding basis.

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References
Lee, S. M., Olson, D. L. and Trimi, S., 2012. Co-innovation:
convergenomics, collaboration, and co-creation for
organizational values. Management Decision. 50(5).
pp.817-831.
Rossi, M., Vrontis, D. and Thrassou, A., 2012. Wine business
in a changing competitive environment–strategic and
financial choices of Campania wine firms. International
Journal of Business and Globalisation. 8(1). pp.112-130.
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