Business Environment: Types of Organizations, Size and Scope
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This presentation provides an overview of the business environment, including the types of organizations, their purpose and legal structure, and the size and scope of different organizations. It also includes a stakeholder analysis and concludes with references for further reading.
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BUSINESS ENVIRONMENT TASK 1
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Content Introduction Different types organisations and their purpose Size and scope of different types of organisations Conclusion References
Introduction Business environment is an essential term that refers all external andinternalfactors.Thesefactorsarehighlyeffectson businessfunctionsandoperationsincludingmanagement, customers,employees,demandandsupplyandcertain regulations of company.
Different types organisations and their purpose and legal structure In business environment, there are mainly three types of businessarefunctionedsuchasvoluntary,publicand private. Eachandeverysectorhasitsownpurposeandlegal structure which is not same. In which duty and responsibility of management is to apply all regulations and legislations regulated by legal authority.
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Continued... Voluntary sector:In nature, these business are non-profitable whichdirectforanindividual.Mainpurposeofthis enterprise is to thought about the welfare of society.
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Size and scope of different types of organisations There are main three kind of business entity such as voluntary, private and public. All these are plays an important and essential role in order to earn maximum profits. Scope and size of the all organisations are not same.
Size and Scope of Nestle Size:Nestle deals in drink and food items and provide them in all over the world. Scope:It is another essential part which includes some important information regarding diversified items.
Size and Scope of NHS Size:It is a type of public organisation which manage health related service to society. Scope:Main scope of this organisation is to provide medical facility to poor people of community.
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Size and Scope of Oxfam Size:Oxfam is an independent and non-profitable organisation that provideshealthyandeffectiveservicestotheusersina systematic manner. Scope:Oxfam managed different services like disaster relief, pro migration, policy research, reduction of wealth, advocacy and many other systematically.
Stakeholder Analysis It is identified as an effective process of collecting and analysingquantitativedatainordertoidentifywhose wonders should be seized into account when implementing and developing a program and policy.
Continued... High power – fascinated people High power – less fascinated people Low power – less fascinated people Low power – fascinated people
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Conclusion From the above mentioned report, it can be concluded that business environment is essential and main part of the organisation, it consists two types such as internal and externalwhichplayimportantroleinidentifyingof PESTLE and SWOT analysis.
References Asif,M.,Searcy,C.,Garvare,R.andAhmad,N.,2011.Including sustainabilityinbusinessexcellencemodels.TotalQuality Management & Business Excellence. 22(7). pp.773-786. Bhaduri, G. and Ha-Brookshire, J.E., 2011. Do transparent business practices pay? Exploration of transparency and consumer purchase intention. Clothing and Textiles Research Journal. 29(2). pp.135-149. Cavusgil, S. T., and et. al., 2014. International business. Pearson Australia.