How Business Operate

This presentation provides an overview of how businesses operate, including the classification of business on the basis of public and private sectors, structures within public and private companies, implications on business in local, national, and global economic environments, impact of customer service, benefits of customer retention, and more.

How Business
Operate
(TASK 1 & 5)

TABLE OF CONTENT
• Introduction
• Classification of business on the basis of public and private
sectors
• Structures within the business of Public and Private
Companies
• Implications on business at local, national and global
economic environment
• Impact of customer Service
• Benefits of customer retention
• Conclusion
• References

INTRODUCTION
Enterprise operate their organisation which involve different branches as
well as sectors which are having their own duties and authorities. In
UK, there are different kinds of enterprise and distinct operations of
structure. These companies can be differentiated by its visions as well
as prescribed goals. Accounting can be defined for a organisation
because of presented firms failure and numbers of success. Owners as
well as Managers which carry out their operation associated with
business. Relationships with their customers can be assisting and
effective also.

Classification of business on the basis of
public and private sectors
Various kinds of enterprise companies which exists in business with
various grounds of its scope, size, structure, objectives and ownership.
Sole proprietorship: It belong to enterprise which are formed by an
particular for investing in the financial assets as well as manage
personnel and raw material for business practices in a more effective
way
Partnership: A business partnership is referred the arrangements in
which various parties or partners are agree for changes their interests as
well as mutual understandings.

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Segments of public involve these kind of organisation which are claimed
below:
State ownership: These elements involve companies that determine the
requirements of management for making terms and executing a
financial system according to state provision
Local Government: their entities are comprises which are formed by
particular pers9on to conduct practices as well as utilization of proper
resources.

Different structure of public and private sector
organisations
Their are various business structure which are followed by various
companies which are discussed in detail below:
Matrix structure: This model involve the relationship reports which
are determined as grid as well as matrix within traditional
hierarchy.
Flat structure: this companies structure include models with few or
new level of administration within staff and executives.
Tall structure: This follow the structure of hierarchy along with
promotional opportunities and span of control.

Impact of local, national and global economic
environment on Sainsbury
Sainsbury's is having high share of UK retailing sector as it is a second
biggest chain of supermarket in United Kingdom with more than
share of 16.9% in whole UK.
Local Impact: Local environment of economical and its regulations as
well as various practices of state can influence on Sainsbury's
business which affect the sales and operations.

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National Impact: Rates of national currency, financial and economical
situations of countries GDP, interest rates etc. affect its operations as
well as practices of enterprise of Sainsbury.
Global Impact: Different activities of global economic, trends,
enterprise environment etc. impact on Sainsbury activities as they
operate firms within various nations.

Impact of customer service on business
success
Management require to create proper work by employees in a
appropriate way so that employees provide services according to
their needs and wants of public. Sainsbury's is one of biggest
retailing organisation that give quality of services to customers in a
better recognition. Administration execute latest technologies in
models like as options of payment to give fast and proper service to
particulars persons. This help company to persuade customers for
increasing sales and profits of organisation.

Benefits of customer profiling to a business
Various advantages are given to customers that can assist in companies
success and growth. Some of are given below:
Administration utilized changing technology as well as tools such as
internet and computers for managing stock and clients records.
Some of products ground, organi9sation can easily find out their
interest and preferences of customers.
Manage can get accomplished as well as some customers
information.

CONCLUSION
As per above report it has been concluded that different kinds of
companies which vary as per purpose, structure, scope and size within
enterprise. Different functions as well as team working are conducted
to follow companies for meeting o0bjectives. This is important to give
effective motivations as well as their various motivation theories by
which companies can encourage their employees. Their can claim
their services of customers are much advantages for their success as
well as growth of company which require to manage organisation.

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.

Thank You!