Business Environment.
VerifiedAdded on 2023/03/30
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Business Environment
TASK 1
TASK 1
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Table of contents
• Introduction
• Different types and purposes of organisations
• Size and scope of a range of different types of ventures
• References
011
• Introduction
• Different types and purposes of organisations
• Size and scope of a range of different types of ventures
• References
011
Introduction
This presentation is about different types and purposes of
organisation such as private, public and voluntary sector.
This also shows its size and scope.
2
This presentation is about different types and purposes of
organisation such as private, public and voluntary sector.
This also shows its size and scope.
2
Different types of organisations and their
purposes
There are namely three types of organisation:
• Private organisation are simply owned and operated as
well as financed by an individual. It is not owned by
government.
3
purposes
There are namely three types of organisation:
• Private organisation are simply owned and operated as
well as financed by an individual. It is not owned by
government.
3
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Cont
• The goal of such type of organisation is to gain profit and
expand their business through out the world.
• Virgin Atlantic is one of the private sector organisation
dealing with air lines.
4
• The goal of such type of organisation is to gain profit and
expand their business through out the world.
• Virgin Atlantic is one of the private sector organisation
dealing with air lines.
4
Cont
• Public sector organisation are owned as well as run by
government body. Example- Emirates.
• They have not any motto to increase their profitability
and spread out their business.
5
• Public sector organisation are owned as well as run by
government body. Example- Emirates.
• They have not any motto to increase their profitability
and spread out their business.
5
Cont
• Voluntary sector are also known as non-profit sector.
• They perform social activities but do not have any
intention to earn profit from this.
• They are totally different from private and public sector.
6
• Voluntary sector are also known as non-profit sector.
• They perform social activities but do not have any
intention to earn profit from this.
• They are totally different from private and public sector.
6
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Cont
The aims and objectives or purpose of private organisation
are listed below:
• Profit maximisation
• Selecting right organisational structure
• Transparency in reporting
7
The aims and objectives or purpose of private organisation
are listed below:
• Profit maximisation
• Selecting right organisational structure
• Transparency in reporting
7
Cont
The aims and objectives of public sector organisation are
listed below:
• Transformation of the economy
• Redistribution of Income and wealth
• Achievement of balanced regional development
8
The aims and objectives of public sector organisation are
listed below:
• Transformation of the economy
• Redistribution of Income and wealth
• Achievement of balanced regional development
8
Size and scope of different types of
ventures
Emirates Virgin Atlantic
Employees 64768 8875
Customer 38,0000 34,0000
Net income 140.5 million Euro 154.2 million Euro
Area served Dubai, United
Arab, Garhoud,
UK, etc.
England,North America,
the
Caribbean, ,London,Africa,
the Middle East and Asia
9
ventures
Emirates Virgin Atlantic
Employees 64768 8875
Customer 38,0000 34,0000
Net income 140.5 million Euro 154.2 million Euro
Area served Dubai, United
Arab, Garhoud,
UK, etc.
England,North America,
the
Caribbean, ,London,Africa,
the Middle East and Asia
9
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Cont
• Stakeholders are some
one who have interest in
business and they affect
or being affected by the
actions, objectives or
aims of the corporation.
10
• Stakeholders are some
one who have interest in
business and they affect
or being affected by the
actions, objectives or
aims of the corporation.
10
Cont
• Stakeholders are observed by using stakeholder mapping.
The stakeholder mapping aids in dealing with their
contradictory demands.
• This recognizes the expectation and strength of
stakeholders and also aids in the establishment of
governmental precedence.
11
• Stakeholders are observed by using stakeholder mapping.
The stakeholder mapping aids in dealing with their
contradictory demands.
• This recognizes the expectation and strength of
stakeholders and also aids in the establishment of
governmental precedence.
11
Cont
Mendelow have proposed a matrix to help in analysing
stakeholders. Corporate uses this matrix for the purpose of
stakeholder analysis. The purpose of the matrix is to assess :
• Whether stakeholder opposition is likely to
suppress the success of strategies.
12
Mendelow have proposed a matrix to help in analysing
stakeholders. Corporate uses this matrix for the purpose of
stakeholder analysis. The purpose of the matrix is to assess :
• Whether stakeholder opposition is likely to
suppress the success of strategies.
12
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Cont
The following strategies
may be relevant to each
quadrant:
• Box A-Minimum effort
• Box B- Keep informed
• Box C- Keep satisfied
• Box D- Key players
13
The following strategies
may be relevant to each
quadrant:
• Box A-Minimum effort
• Box B- Keep informed
• Box C- Keep satisfied
• Box D- Key players
13
References
Bharadwaj, A. and et. al., 2013. Digital business strategy:
toward a next generation of insights.
Cavalcante, S and Ulhøi, J., 2011. Business model
dynamics and innovation:(re) establishing the missing
linkages. Management Decision.49(8). pp.1327-1342.
Cavusgil, S.T. and 14. International business. Pearson
Australia.
14
Bharadwaj, A. and et. al., 2013. Digital business strategy:
toward a next generation of insights.
Cavalcante, S and Ulhøi, J., 2011. Business model
dynamics and innovation:(re) establishing the missing
linkages. Management Decision.49(8). pp.1327-1342.
Cavusgil, S.T. and 14. International business. Pearson
Australia.
14
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