How Business Operates

This presentation provides an overview of how businesses operate, including the types of organizations found in the private and public sectors, different business structures, and the impact of the local, national, and global economic environment. It concludes with a summary of the key points discussed.

How business
operates

Table of contents
• Introduction
• type of organization found in private and public sector
• different structure within the different businesses
• local, national and global economic environment impacts
the enterprise
• Conclusion
• Referances

Introduction
• There are different types of the
business that operates in different
manner and that helps the growth
and proficiency of the business
in the market. commercial
organization has their own
functions and management that
helps to grow the business and
increase the level of profitability
in the market. this report is based
on different types of the
businesses that operates from the
different manner.

Type of organization found in private
and public sector
There are broad categories of businesses, company structure, and
industry exists within the private and public sectors. In private
sector profit seeking companies works for the better growth and
success in the industry and produce goods and services for the
customers for the better growth and effective profitability.
Sole properties: private business has many operation of business
with the different functioning and motive. Businesses are
organized in different format to provide tax benefits to the
owners, improve operational efficiency, and minimize liability.
Partnership: These firms are similar to the sole properties but
have different owners that divide responsibility and profit
margins among themselves according to the rate of profit and
margins of the partnership.

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Limited liability companies: These are the common structure
organizational structure that protects owner assets and address
liability concern with the growth and profitability in the market.
Public sector organizations:
• Departmental undertakings: It is the earlier form of public
sector business, in this department undertaking that is
considered as one of the department of political parties. There
is no diversify existence than the government. The activities
control department of government.
• Public corporation: This corporation created by the
government, in order to take out these public missions and
services that participates in activities or gives services that are
also given by concern business.

Different structure within the different
businesses
There are different types of the business structure that operates in
the different manner and growth of the business depends on the
structure and profitability. In public and private sector operates
in effective manner with the different growth and success in the
market.
Functional organization structure: In this structure people who
do particular task group collectively in the businesses. all
department are placed in the finance and marketing department
and also marketing and many more departments.

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• Divisional organization structure: In this company team
work under the group based on the product and services
organization offer to the customers on regular basis.
• Matrix organization structure: This structure of the business
is more complex and depends upon the functional department
of specialization and further separate them into divisional
project and product structure.

local, national and global economic
environment impacts the enterprise
There is different kind of business that focus on the effectiveness
and growth of the economy in the market. These businesses
focus on the growth and ability of the business in the market
and addition the level of effectualness and growth of country.
Local system: Different kind of businesses contributes in the
economy by providing good and services that assist in the better
maturation and success of organization.
National economy: By paying tax and other source of income to
the government different organizations contributes in the
growth of national economy.

Continue….
• Global economy: Global
economy system impact the
level of effectiveness and
growth of the business in the
market. Global economy impact
the level of effectiveness by
providing business more sources
so that businesses can expand
the marker rate and profitability
in the market. Growth of global
economy provides more
opportunities to the businesses
to increase in the market and
gain the level of reflectivity in
the market

Conclusion
From the above information it can be
summarise that there are different kind of
operations and organizations that works for
the growth and fulfilment of aims and
objectives of the business in the market.

References
• Pedersen, E.R.G., Earley, R. and Andersen, K.R., 2019. From
singular to plural: Exploring organisational complexities and
circular business model design. Journal of Fashion Marketing
and Management: An International Journal.
• Pedersen, E.R.G., Earley, R. and Andersen, K.R., 2019. From
singular to plural: Exploring organisational complexities and
circular business model design. Journal of Fashion Marketing
and Management: An International Journal.
• Shani, A.B. and Coghlan, D., 2019. Action research in business
and management: A reflective review. Action Research,
p.1476750319852147.