Types and Purposes of Organisations in Business Environment

Business Environment
Task 1

Cover Content
• Introduction
• Different types and purposes of organisations
• Size and Scope of various types of organisations
• Conclusion
• References

Introduction
A business organisation can be framed but to refrain a business
successfully, it is the requirement of business resources. Factors of
business environment are ever-changing and dynamic. Hence, a
business environment can be termed as entire institution, individuals
along with forces which influence the firm's sustainability and their
entire performance standard.

Private Limited Company
 Private limited company is introduce as a part of joint stock
company.
 It is a incorporate firm where the company has an individual
legal identify from the lender.
 This firm are family run and small business which are
established and run by shareholders.

Public Limited Company
 It is much larger part of the joint-stock business.
 Public limited company is a limited liability business
whose shares and capital may be freely traded and sold
to the public with a some share capital of £50,000.

Different types and purposes of
organisations
In the present business world, several companies are conducting their
operation within commercial segments as this can assist in attaining
aims and objectives along with benefits of company. The main
target of business are aiming over more consumer and developing
the basic standard of living.