This presentation provides an overview of the different types of organizations and their purposes in the business environment. It covers the public sector, private sector, and voluntary sector organizations and their objectives.
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BUSINESS ENVIRONMENTBUSINESS ENVIRONMENT TASK 1TASK 1
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ContentContent Introduction Different types of organisation and its purpose Size and Scope of organisation References
Introduction Business environment is one of the important part for organisation. There are many factors that have impact over the operation of organisation as internal and external.These are related to employees, customers,management,supply.TescoPLCistheUKbased company that offers their services at large level.
P1 Different types of organisation and its purpose Different ordinations are presented that are running their business more effectively so that they can achieve best result. It is important for such companies to make growth of environment and those factors that have influence over environment, this is required so that it can not affect business in adverse manner. Types of Organisation:- Public sector Private sector Voluntary sector
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Public Sector Organisation This sector business entity are under the control of government. People pay taxes to them and it is used to finance public sector entity. Example McDonald's is American based public sector organisation. Purpose To provide service to its customers in effective manner. To have the standard quality in its product and services. To satisfy the needs and wants of its users with their best efforts.
Private Sector Organisation Thesebusinessesare not under the control of government and services are offered by the private entity. Different type of business are under this sector as sole trader, partnership, companies and franchises. Example- Virgin group is an investment company which is operating their business in global market. Purpose To treat customers effectively to provide maximum satisfaction to them. To enhance profitability. To expand their market area
Voluntary Organisation This business unit where people perform their function for specific purpose. They have main task to make the welfare of the society. Example Diabetes UK is voluntary association that has main operation to consider the welfare of society. Purpose To address the problem that are faced by society. This is Non profit organisation that work for the development of social group.
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P2 Size and Scope of organisation Public sector-This business provides their services to public and they have objective to fulfil the daily needs and wants of people. These organisations contribute to increase the GDP of nation.. Size of McDonald's Stakeholder Objective
Continue... Private sector- This sector has main objective to initiate necessary activities so that they can generate more profit. They have main goal to enhance its profitability, not social development. Size of Virgin Group Stakeholder Objective
Continue... Voluntary organisation- Thisbusinessorganisationisdifferentfromprivateandpublic companies.Theyhavemainobjectivetoprovideadequate protectiontosociety.SomesupportivefactorsareasFunder, trustees and Volunteers. Size of Diabetes UK Stakeholder Objective
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References Commander, S. and Svejnar, J., 2011. Business environment, exports, ownership, and firm performance.The Review of Economics and Statistics. 93(1). pp.309-337. Dahan, N.M. And et. al., 2010. Corporate-NGO collaboration: Co- creating new business models for developing markets.Long range planning.43(2). pp.326-342. Fernando, A.C., 2011.Business environment. Pearson Education India.