Business Environment: Types of Organizations, Legal Structures, Competition Policy, and Globalization

Business
Environment

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................2
An overview of different types of organisation in different sectors.......................................2
Explanation of the different legal structure including their advantages and disadvantages...2
The difference between public and private ownership including the different forms of
financing used for both...........................................................................................................3
As assessment of the UK competition policy and the legislative framework surrounding anti-
competitive practices..............................................................................................................4
How the competition and Markets authority operates to review business practice and impact
on the consumer......................................................................................................................4
An understanding of the objectives & fiscal and monetary policy instruments the government
could use to regulate the economy during the recession and its impact.................................5
An understanding of globalisation & how it affects business, competition and the economy5
CONCLUSION ...............................................................................................................................6
REFERENCES ...............................................................................................................................7

INTRODUCTION
The sum total of all those activities or forces which implies affect on the business
operations along with their results. To analyses all the factors of business environment is
necessary for all the business organizations of any sector. Several types of businesses are
arranged with the different legal identity with their own advantages and drawbacks. For the
smooth functioning of business operations, it is necessary for the firm to understand the
competitive market. The chosen organization for this report is Asda. It is a Brutish supermarket
chain having headquarter in Leeds, England, United Kingdom. This report covers the various
types of businesses with their legal structure. Involving the advantages and disadvantages of each
structure. Along with this, it also deals with the differentiation between the private and public
ownership in addition to the assessment over UK policies related to competition. At the end, it
covers the concept of globalization and its affect.
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