Business Environment

Business Environment
TASK 1

Covered Content
• Introduction
• Different types and purpose of organizations
• Size and scope of various types of organizations
• References

Introduction
• Business environment define as such place where differ
number of firms are operating their work.
• It is really important for managers to understand about
situation of various kind of area so that appropriate and
suitable strategies could be crafted by underlying them.

Difference types and purposes of organizations
Basis of
Compari
son
NGO NPO For Profit
Meaning This can be termed as
Non government
organisation and their
aim is to do societal
welfare. This sort of
affiliation will be set up
by an independent
individual.
They sell products and
services to people
which aid into their
improvement. It has
been analysed that,
they never share
revenues amongst their
partners.
This kind of
organisation is set by
people so that they
will earn profits and
for this, they have to
sell items as well as
services to persons at
market.
Area of
Operation
s
Big Restricted It can be either large
or restricted as well.
Objective
s
Their fundamental
target is to improve
society by improvement
of economical condition.
This form of firm set up
for promotion of
science, art and
science.
Gain revenues
through capturing
attention of many
individuals.