Cover content •Introduction •Types and purpose of different types of organizations •Size and Scope of different types of organizations •Conclusion •References
Introduction Business is defined as the enterprise which starts by individual for the purpose of earning money andgenerate profits. This report is based on Toyota which is a well-liked global auto-mobile business established by Kiichiro Toyota and it is situated at Japan. Moreover, it also define various types and purposes of different kinds of organisation and their legal structure regarding public, and private.
Types and purpose of organizations Business refers to the adaptable procedure of skills and materials as per the request of consumers or provides service according to request of the customers.Businessenvironmentcontainvariousfactorslike competitors,suppliers,distributors,customers,resources,industry trends,substitutes,regulations,governmentactivity,thefinancial system, people and demography and innovation and industrial growth.
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Size and Scope of organizations There are various types of businesses which have different scope as well as sizes as per their nature. From above information, it has been analysed that various organizations are there with purposes as public, private and voluntary.
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Conclusion From the above report, it has been concluded that smooth functions can berunbyadoptingbestbusinessstrategiesfortheorganisation. Managers are required to consider several environmental factors such as internal and external for making effective or successful organisation, workingconditionsandappropriateenvironmentbyformulating several strategies and tools or techniques so that proper management can done.
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References Cantwell,J.andet.al.,2010.Anevolutionaryapproachto understandinginternationalbusinessactivity:Theco-evolutionof MNEsandtheinstitutionalenvironment.JournalofInternational 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.