How Business Operate

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.