Table of Content •Introduction •Different types and purposes of organisation •Size and scopes of different sectors •Conclusion •References
Introduction Business report is a combination or mixture of macro and micro business environment. In this presentationmentionedabout the various type of sectors and their different objectives. The size of every sector is different from each other.
Different types and purposes of organisations Tesco is a large company and the type of this business firm is public and it deals in many different fields.At market, there are many various types of organisations and these are private, public and voluntary.Theseallcompaniesworkwithdifferentaimsand objectives.
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Continued… Private sector In these types of sectors, there is no role of government and these all run bysoleproprietorshiporin partnership.Soleproprietorship means when a business is generally owned and controlled by one single personaandinpartnershipwhere two or more than two persons are involving for run a business in an effective and efficient manner.
Continued… In a company, the minimum limit of partner is 2 and maximum are 20. The main purpose and aim of private sector is to earn money or profitbyprovidinggoodqualityproductsandservicestoits customers. In this sector consists mainly corporate and multinational business firm. Like for an instance, Sainsbury is a private limited company and this company has a big supermarkets chain and in it consists banks, convenience stores, Argos and many more.
Continued… Legal aspect of this private sector- It is required for every private organisation is to register its organisation name under companies act, 2013 and also work by following this act. For depositing and any kind of statement it is necessary to record all things in a PSC register. Public Sector- In this sectors, all business firms are work for not profit organisations. These are generally for society and also work for improving the condition of society or people of society. They are mostly a main part of country.
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Continued… Some main purposes of this sector are as given below: •Work for increasing loving standard of people and provides them many job opportunities. •Its main and primary objective is to improving and enhancing economic development. •It not works for earning or increasing profit. •To enhancing the revenue and sales, both are main purposes of public businesses.
Size and scope of various types of organisations The size and the motive of every business enterprises are different from another. There are mainly three different types of organisations and these are public, private and voluntary. Voluntary business firms are mostly small in size and it increases its profit level by rendering good quality services and products to its customers.
Continued… Stakeholders- They are the main parts of company and in it includes government, customers, shareholders, employees, suppliers etc. The main stakeholders of this company are its shareholders and its customers. Objectives: •Its main objective is to improve its quality standard of its goods and products to customers at reasonable rice. •Thisbusinessfirmusesnewandadvancedtechnologyor machineries
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Continued… Stakeholders-The main stakeholders of this business enterprise are government agencies, legal advisors, many business houses etc. Objectives- •Themainobjectiveorpurposeofthiscompanyistogive employmenttolocalpeopletoimprovingandincreasingthe economy of United Kingdom. •This business firm conducts some activities and campaigns for people of society or local community.
Continued… Voluntary sector-This sector is known as the non profit. It works for welfare of people who are needed. In this sector, there is a big role of funders, donors, volunteers etc. In this sector mainly NGO’s are included. Size of Diabetes UK-The size of this organisation is medium and it works mainly work improving the health of Diabetes patient without charging any amount or money.
Conclusion It is concluded from the above presentation that there are different types of business sectors and their size and objectives are also different.
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References Welford, R., 2013.Hijacking environmentalism: Corporate responses to sustainable development. Routledge. Commander, S. and Svejnar, J., 2011. Business environment, exports, ownership, and firm performance.The Review of Economics and Statistics. 93(1). pp.309-337.