How Business Operate

This presentation explores the various aspects of business operations, including the types and structures of public and private sector organizations, their implications on business in different economic environments, the impact of customer service on business success, and the benefits of customer profiling. It provides valuable insights for understanding how businesses operate and succeed.

How Business Operate
(TASK 1 & 5)

Table of Content
 Introduction
 Different types public and private sector organisations
 Structures within the business of Public and Private Companies
 Implications on business at local, national and global economic
environment
 Impact of customer service on business success
 Benefits of customer profiling to a business
 Recommendation
 Conclusion

Introduction
Business activity consist of the practices engaged with the initial
purpose of creating benefits. It is an often term which
encompasses entire practices of economic carried out through an
organisation while executing course of business. One
organisation has to incorporate with entire business entity,
document a proper business plan and laid whole groundwork for
creating more sales and gain consumer.

Introduction
Business environment consists various internal and external factors
such as government, customers, suppliers, competitors, etc. and
acknowledge their impact on business operations. This help
administration to have complete information about market
conditions and system capabilities. HR, finance, production,
marketing, research and development are various departments
which are present in public and private organisations.

Different types and structure of public and
private sector organisations
Public organisation are performed through
state who operate activities in public behalf.
This involve internation and national
industries like health organisation etc. These
associations perform on international and
national level with purpose of benefiting
citizens. On the other side, regulatory bodies
has less role in partnership and sole trader.

Structures within the business of Public and
Private Companies
Business structure which is followed by
organisations in UK has categorised on the
grounds of:
 Sole Proprietor
 General Partnership
 Limited Partnership
 Corporations
 Non-Profit Enterprise

Impact of local, national and global economic
environment on TESCO
Hilton Hotel is an international brand that deliver full resorts and
hotel services along with Hilton flagship of brand. The original
enterprise was founded by Conard Hilton which has more than
570 resorts and hotel in more than 85 nations.

Impact of customer service on business success
Consumer service can be defined as the service process which an
organisation opt to deliver consumer in order to make certain whether client
demands has been fulfilled. Therefore, this is paramount for commercial
industry to render more effective service to customer as satisfaction level
among consumer emphasise the bottom line of consumer.

Benefits of customer profiling to a business
Several merits of consumer retention can be availed by
organisation like Hilton Hotel for growth and success which is
mentioned here:
 Administration opt modified techniques and tools e.g. computer
and internet to manage client and stock record.
 Superior should be able to acknowledge preference of
individual on grounds of purchase.

Conclusion
Summarised report affirm that for operating a proper business or
company, whether private and public organisation, it is
fundamental to investigate various factors and environmental
influence. This can assist in functioning the successful business
in adequate manner.

References
 Weiss, J. W., 2014. Business ethics: A stakeholder and issues management
approach. Berrett-Koehler Publishers.
 Bernstein, M. H., 2015. Regulating business by independent commission.
Princeton University Press.
 Mackey, J. and Sisodia, R., 2014. Conscious capitalism, with a new
preface by the authors: Liberating the heroic spirit of business. Harvard
Business Review Press.
 Warner, K., 2018. Building rules: How local controls shape community
environments and economies. Routledge.