This presentation discusses the typologies and purposes of organizations, their legal structure, and the size and scope of various organizations. It also explores the international growth of Marks and Spencer and the legal structure of firms with an impact on stakeholders.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Task 1 Business Environment
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Tables of contents Introduction Typologies & purposes of organisation and their legal structure Size and scope of various organisation Conclusion References
INTRODUCTION •Every organisation is surrounded by its business •environment. Generally, it consists of internal as •well as external factors which have great •influence on the productivity and profitability of •every company.
Typologies & purposes of organisation and their legal structure •Mainly there are three parts in which •organisation can be divided and these are: •PRIVATE SECTOR •PUBLIC SECTOR •VOLUNTARY SECTOR
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
PUBLIC SECTOR •Organisation which comes in this category is •highly controlled by government. This type of •companies are established to provide better •products and services to poor people so that socia l welfare can be developed.
PUBLIC SECTOR COMPANY
PRIVATE SECTOR •Apart from this, there are also three parts in whic h this sector is categorised and these are followin g as under: •Single proprietorship •Partnership •Franchisee
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
VOLUNTARY SECTOR •It involves non profitable organisation which •comes in the community sector. The main object ive of this kind of organisation is to enhance soc ial welfare. Elizabeth Finn Care is voluntary •company which helps poor people through givin g them financial assistance.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Size and scope of various organisation Social group of individuals which work toget her to meet some common goals and objectiv es is known as business enterprise. Organisati ons can be differentiated by their own size an d scope.
Cont... Typologies of business are following as under along with their size and scope. Public sector Private sector Volunatry sector
Public sector Organisation which comes in this category is highly controlled by government. This type o f companies are established to provide better products and services to poor people so that s ocial welfare can be developed.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Private sector Company who is operate without the permission of legal authorities is known as private company. Which is controlled by single or more owners.
Volunatry sector It involves non profitable organisati on, which comes in community sec tor. The main objective of this kind of organisation is to enhance social welfare.
Legal structure of firms with impact on stakeholders Legal structure shows the business structure o f a company. Marks and Spencer is a privatel y held organisation, so its legal structure is pri vate. On the other side, National Health Servi ces is a public limited organisation. In simple words, it is controlled by government.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
CONCLUSION •Through concluding this project report, it can be •determined that business environment plays an •important role in all kinds of industries. It consists of two major factors which are micro and macro •environmental forces.
REFERENCES •Andersen, F.M., Larsen, H.V. and Boomsma, T.K., 2 013. Long-term forecasting of hourly electricity loa d: Identification of consumption profiles and segmen tation of customers.Energy conversion and Manage ment, 68, pp.244-252. •Cheng, L., 2015. ID3 Algorithms for Strategy of Air Cargo Customer Segmentation. InLISS 2014(pp. 51 1-516). Springer Berlin Heidelberg.