BUSINESS ENVIRONMENT TASK 1.

BUSINESS
ENVIRONMENT
TASK 1

Content
 Introduction
 Different types organisations and their purpose
 Size and scope of different types of organisations
 References

Introduction
Sum of all the internal and external factors that directly
affect the activities of an enterprise is known as business
environment. Keeping all these elements in the mind
before execute business activities is very necessary.

Different types organisations and their
purpose
Business activities are executed by individuals or group of
individuals with the aim of earning of number of profits. For
this research is conduct by business owner to first identify the
features which customers want in the company's product.

Continued...
Public limited company:
Enterprises which are
controlled by the
government (wholly or
partially) is knowns as
public limited firm.

Continued...
Private limited company: Firms which are controlled by the
private hands of an individual or group of individual is
known as private limited company. Further, this private
organisation is divided into following parts:
 Sole trader
 Partnership
 Franchising

Continued...
Voluntary sector- When a firm is formed by some
individuals with the aim of doing social welfare of the
individuals living the society is knows as voluntary firm.
These type of firm formed with the aim of doing social
development of people rather than earning profit.

Size and scope of different types of
organisations
Scope of commercial activities of an organisation is largely
depend on the nature of its business and on its size.
Companies who operate on a big level carry more scope with
it while organisation which operate on a small level carry little
scope with its activities.

Continued
McDonald is a public company
who is operating through more
than 50000 stores in more than
150 countries. More than
364000 employees are
working in the company who
serve the customers effectively
to satisfy their needs.

Continued
Variety of commercial activities are executed by the burger king for
generating more number of profits. Presently firm is serving its
customers through more than 15000 stores in variety of locations.

Continued...
Individuals who take part in
the activities of business
and provide their various
resources and opinions for
achieve set targets is know
as stakeholders. They can
be internal or can be
external.

References
Klapper, L., Lewin, A. and Delgado, J.M.Q., 2011. The impact of
the business environment on the business creation process.
In Entrepreneurship and Economic Development (pp. 108-
123). Palgrave Macmillan UK.
Krishnan, A., 2013. Culture As a Successor of Quality Initiatives:
A Review. International Journal of Social Science. 2(1).
p.53.
Love, V.J., 2011. Private company accounting: A concept whose
time has come. The CPA Journal. 81(2). p.16.