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Different Types of Organisations and their Purposes

   

Added on  2023-01-13

8 Pages1921 Words39 Views
EC4F05 – Introduction to the
Business Environment

Table of Contents
INTRODUCTION ..........................................................................................................................3
Different organisations exist for different purposes. Identify and explain the different purposes of
organisations and of your chosen organisation................................................................................3
The management of stakeholders is an important responsibility for all organisations to ensure
success in the business environment. ..............................................................................................4
Every organisation operates within an environment; local, national or global. .............................6
Assess the impact of Fiscal and Monetary policies on the activities of your chosen organisation.
..........................................................................................................................................................6
CONCLUSION ...............................................................................................................................6
REFERENCES ...............................................................................................................................8

INTRODUCTION
The presentation includes discussion about different types of organisations. There is
discussion on importance of stakeholders within the company. Different types of organisations
like local, national and international is discussed. Also, there is discussion on Fiscal and
Monetary policies on the activities of the company. The company considered in this file is Tesco.
This is a UK retail company that provides services globally. National Health Services
organisation is used as public organisation and Oxfam is used as voluntary organisation.
Different organisations exist for different purposes. Identify and explain the different
purposes of organisations and of your chosen organisation
Public Organisation- A company owned and controlled by government is a public
company. NHS (National Health Services) is chose for the following report. It started in 1948,
with an objective of providing individuals with free health services.
Purpose: National Health Services, was set up with an aim of providing free health
services to individuals of country (Ibnu, Offermans, and Glasbergen, 2018). Following
their purpose they promise to offer best services to people and help them improve their
health.
Legal Structure: All decisions regarding a public organisation are taken by government.
With context to NHS it is duty of state as well as central government to take decisions
regarding company. Top authority of government discuss decisions to be taken with their
employees before launching.
Stakeholders: Stakeholders are very important for a public organisation. They invested
capital in business. Stakeholders for public organisations are financial institutions,
government etc. Stakeholders may include local authority, trustees and patients. They
have a great influence on working of the company.
Private Organisation- Private Organisations consist of individuals, two or more partners
or agency (excluding public body) which are run to earn profits. The private organisations are
ones which have one or more owners and they have to bear loss or profit of the business. Private
organisations have the motive of making money and increasing reputation of the company
within market. For this following report TESCO is company which is taken into consideration.
TESCO is a private entity and deals in grocery items.

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