How Business Operate

How Business Operate
(TASK 1 & 5)

Table of Content
 Introduction
 Classification of Business on the basis of Public and Private
Sectors
 Different types and structure of public and private sector
organisations
 Impact of local, national and global economic environment on
TESCO
 Impact of customer service on business success
 Benefits of customer profiling to a business
 Recommendation
 Conclusion

Introduction
Business environment can be stated as process in which there are
various internal and external factors which has direct impact on
the operations of company. There are various kind of factors
which are essential to introduce or innovate so that business can
attain growth. Various factors are human resource, finance, raw
materials and more.

Classification of Business on the basis of Public and
Private Sectors
There are companies within public sector which are being operated by the
business as per the needs and interests. This kind of sector mainly
includes the international and national companies which are like Social
and Health care, Law enforcements, stores and many more. The major
motive on which it works is the welfare of the society. These kind of
business are being operated by an individual as in these Govt. does not
interfere. These kind of companies wok with the motive of earning profit.
In public sector, there are number of companies which mainly work on
the basis of central and state ownership while the private companies are
classified as per partnership, sole proprietorship and joint stock.