Business Environment

This presentation provides an overview of the business environment, including the types and purposes of different business organizations, the size and scope of different types of organizations, and the impact of internal and external factors on organizations. It also explores BT Group Plc., a leading telecommunication company, and its vision, mission, and business objectives.

Task 1
Business Environment
(TASK 1)

Table of content
 Introduction
 Types and purposes of different business organization
 Size and scope of different types of organization
 Conclusion
 References

Introduction
A business contain both internal and external factor of an organization
and how these factors impact functioning of organization in business
market place. Elements that are included in business environment are
consumers, competitors, geographical market place, employees,
organizational culture, decision making and role of managers.

Types and purposes of different business
organization
Private sector Company – These are some the company
majorly concentrates on expanding their business and earn
more revenue from profit market. They can be large and small
scale organization depending of their growth, size and
stability in market.

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Public sector Company – These are the type of company that
are owned by government and are formed for the motive of
serving common people in country. BT Group is recorded as a
one of the largest private sector company across UK.

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Voluntary organization – A voluntary organization is a group
of people who come together and organize them to serve
people by providing basic resources to them. They are many
NGO working round the clock to serve needy people.

Size and scope of different types of
organization
Background- BT Group Plc. has a long history it
was established in 1846and initially named as
Electric Telegraph Company and considered as
the first telecommunication company of Britain

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Product and services - Currently they are dealing in wireless
telecommunication network, broadband services, mobiles and
wired networking, Digital television, Home Security,
Telecommunication equipment’s, Supply chain management
and are able to expand their business in across 80% of the
countries of the world.

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Size and scope of BT Group Plc. - Company has made their
mark in almost 180 countries. It has a strong base of skillful
employees across different division of survive of organization
across globe.

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Vision, mission and business objective of BT Group Plc. -
Company is having defined mission, visions have certain
objectives to carry forward their organization and plan and
perform better in competitive business market.

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Legal structure about stakeholders of BT Group Plc.
Company is having different types of stakeholders investing in
business activities of BT Group Plc. Stakeholders in enterprise
are divided into internal and external category on the basis of
their existence in business market.

Conclusion
BT Group Plc. is a large telecommunication company deals in
telecommunication networking products. For doing business
an organization must have concentrate negative and positive
effects in macro environment by analyzing their strength and
weaknesses through different analytical tools like SWOT and
PESTEL for better evaluation of their productivity.

References
 Ahmed, I and et.al 2011. External factors and entrepreneurial
career intentions; moderating role of personality traits.
International Journal of Academic Research. 3(5).
 Auzair, S., 2011. The effect of business strategy and external
environment on management control systems: a study of
Malaysian hotels. International Journal of Business and Social
Science. 2(13).

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