Different Types of Enterprises and Their Purposes

This presentation provides an overview of different types of enterprises and their purposes in the business environment. It discusses the private, public, and voluntary sectors and their roles in the economy. The scope and size of various types of firms are also explored. The presentation concludes with the importance of understanding the business environment for effective decision-making.

Business
Environment
(Task 1)

Cover contents
• Introduction
• Different types of enterprises and their purposes
• Scope and size of range of various types of firm
• Conclusion
• References

Introduction
Business environment can bee defined as a place in which
several kinds of activities are being conducted in an
effective and efficient manner. Through this they are also
able to achieve the goals and objectives in a proper
manner. There are two kinds of factors which are included
in business environment and they are named as internal
and external factors.

Different types of enterprises and their
purposes
It has been analysed that there are ample number of
organisations are present in today's world that works with
different objectives. Here, government have given
instructions and made some rules in order to distribute
companies in different sector. Private, Public and Voluntary,
these are some sections in which it has been located that
usually most of enterprises comes under.

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Private sector : If a common
citizen owns a company of at United
Kingdom can be considered as
private firm and does work under all
the legislations, rules that has been
set by UK's government. these are
the firms who directly gives
employment to citizens of United
Kingdom and aid in enhancing
economy of UK.

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Public organisation
Governmental bodies like military, police, infrastructure,
public education, public transit, healthcare comes under
this sort of organisation which is being run by government
of United Kingdom. There main aim stays that to enhance
standardisation, deliver security, develop mind sets and
many more of citizens of United Kingdom.

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Voluntary sector : Mostly this sort of firm does work and deliver its
services in free of cost. Main aim of this sort of company is to
develop the society and in return of it organisation do not ask for any
money or anything. On the other hand, it is much required for these
companies to take approvals from government of UK so that to
deliver their services.

Scope and size of range of various types
of firm
There is difference between objectives, vision, mission of companies so
before making policies it is essential to analyse them and take
actions in better and effective. It is important to make policies which
are competent to achieve targets
Private segment : Nestle
Size- This is one of the best brand in sector of confectionery. These
days there are much competition, so it s essential to make policies
which are competent to market.

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Scope- Nestle has numerous products which satisfy demand of
different age groups. It is essential to apply changes which are
competent to achieve business objectives.
Vision- Vision is long term objective of organisation. Vision of
Nestle is to satisfy physiological demand of society and this is
effective with proper analysis of market.
Mission- Mission of Nestle is to become Asia's best leading
chocolate brand.

Continued..
NHS
Size: NHS is big brand in health and social care and it is
important at to make polici4s which is effective for society.
There is 1.5 million people are working under this brand and
this company is under top 10 organisations.
Scope: This organisation has large number of employees hence
they provide services which are effective to perform activities
which improves living of standards.
Vision: Their aim is to provide services through which they have
knowledge of people suffering from problems.
Mission: Mission of NHS is top swerve society which services
which helps to improve living of standards and this can be
effective with change in policies.

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Oxfam
Size: This is the organisation which is big as it covers 20 charitable
trust it. It was established in 1942.
cope: Scope of Oxfam is large as there is requirement of factors which
are impressive to achieve goals in proper and effective way.
Vision: Poverty shows poorness of country, so being social company,
they perform activities which are helpful in removing poorness
Mission: Their mission is to come with new and relevant solutions to
imp[rove living standards of organisations.

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Conclusion
From the above report, it can be concluded that it is very crucial for
every company study to do a deep study about the business
environment in which they are conducting activities which are being
conducted in this report. It is normally believed that these kinds of
environment are having dynamic factor in their nature which means
that the activities which are conducted there are changing a very fast
speed so the managers have to make sure that they include all these
changes in the company so that they can be preferred by the
customer's.

References
Cantwell, J. and et. al., 2010. An evolutionary approach to
understanding international business activity: The co-evolution of
MNEs and the institutional environment. Journal of International
Business Studies. 41(4). pp.567-586.
Carroll, A. B. and Shabana, K. M., 2010. The business case for
corporate social responsibility: A review of concepts, research and
practice. International journal of management reviews. 12(1).
pp.85-105.
Cavusgil, S. T., and et. al., 2014. International business. Pearson
Australia.

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