Business Practices: Types of Organizations, Companies, and Business Structures

Business in practises

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Different types of organization....................................................................................................3
Different companies.....................................................................................................................6
various business structures...........................................................................................................8
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Business practises include various activities that business conduct to achieve its
objectives. Business practises are the procedure which an individual business effort to do the
work in most effective manner (Tura, Keränen and Patala, 2019). Basically the organization uses
to make the guidelines for doing the business practise to assure that the employees are
performing the work effectively. Tesco is a multinational organization uses to do retail business
in the world. This report will evaluate on the basis of Tesco the different types of organization in
the market and their way of doing work and different companies sole traders, cooperative and
liability partnership with their characteristics this will further evaluate different business
structure and their affects on productivity of business with pestle analysis find the external
environment affect the performance of business.
MAIN BODY
Different types of organisation
BASIS
Definition
Micro
 These
companies
are
generally
very small
with the
employees
as well as
Small
 Small-size
companies
are small
in area as
well as
numbers
of
employees
Medium
 Medium
size
companies
are
basically
had
turnover
of 25 to
Large
 Generally
large
organizati
on have
lost of
employees
to perform
their

annual
turnover.
 Micro
enterprise
s run with
micro
credit
which are
allotted
with a
person
having no
indirect
credit
feedback
(Meng
and et. al.,
2018).
 Micro
companies
mostly
involved
in trading,
food
business,
art and
culture of
a limited
society
(Fan, Ai
and Piao,
which is
defined by
governme
nt
enterprise.
 These
organizati
on uses its
size to
granting
loans to
perform
their
activities.
 Small
companies
contribute
s in local
or regional
economy
and help
the
individual
society to
innovate
and grow.
500
millions
annually.
 They may
have
employees
around
250 in the
organizati
onal
activities.
 Medium
size
companies
are
basically
manufactu
re of some
commodit
y,
transport
enterprise.
organizati
on
activities
(KLIMEC
KA-
TATAR,
2020).