Table of Content •Introduction •Aims of different types of organisations. •Size and Scope of different kinds of firms. •References
Introduction Business Environmentconsists of various elements and factors on which the performance of an organisation depends upon. PESTLE and SWOT analysis can be done to know the external and internal environment.
Aim of various types of Organisation. Private: Group of companies which is owned and controlled by the private individuals; •Variations on their production, numbers of staff and the capital level; •Sole traders, partnerships and franchisee bank loans, •Aim:Productivity and Profitability; •Example:Burger King.
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Continued... Public:- Business model of public private partnerships; Aim:To deliver the essentials services to the public on fair prices; •Monopoly in defence, healthcare, police and etc; •Example:Nestle.
Continued... Voluntary:- •Third sector of economy; •Busy in some kind of social work; •Funds from Donors and Corporate Houses;
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Continued... NGO's and charitable trusts World Food Program:Food assistance branch of the United Nations
Size and Scope of different kinds of firms. Burger King: Founded in year 1954; 700plus restaurants in UK; Focuses on age group of 16 to 34 years; In UK it become the first fast chain to be allowed to sell alcohol in the country; Willing to focus more on the Gourment burgers.
Continued... Nestle: Swiss transnational food and drink company; Products: Baby food to coffee, dairy products, breakfast cereals, bottled water, ice cream, pet foods and etc.
Continued... Stakeholder groups of Nestle:- Communities General public Customers Employees Government Trade Unions Shareholders Suppliers
Continued... World Food Program: World largest humanitarian organisation; Food assistance to an average 80 million people; Focused on improving hunger problems and promote food security.
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References Wild, J., Wild, K.L. and Han, J.C., 2014.International business. Pearson Education Limited. Yoon, J., 2012. Detecting weak signals for long-term business opportunitiesusingtextminingofWebnews.Expert Systems with Applications.39(16). pp.12543-12550. Zeng, L., Li, L. and Duan, L., 2012. Business intelligence in enterprise computing environment.Information Technology and Management.13(4). pp.297-310