How Businesses Operate

How Businesses Operate

INDEX
• Various type of public and private sectors business
• Various types of organisation structure
• PESTLE Analysis
• Impact of customers service in success of business
• Importance of customers profiling for business
• Conclusion
• References

INTRODUCTION
Business refers to a an organisation or enterprises which is engaged in various activities such as commercial, industrial, professional etc. It
is an organised efforts of an individual and a group of people who manufacture goods and services and sell their service and goods for
achieving higher profit. For success of an organisation its important that they successfully operate its business operations. Business
operations are influenced by business environment. Business environment refers to a collection of internal and external factors which
positively and negatively influence growth of business. These factors includes customers needs and wants, supplier, supply and demand,
management, social trends, market trends, economic change and so on. For this report Sainsbury company is taking into consideration. It is
the second largest chain of supermarkets headquarter in Holborn, London, U.K. It is founded in 1869 by John James Sainsbury. It has more
than 1428 shops and almost 111,900 employees are working with it. This report includes various types of public and private sectors,
different type of organisation structure, PESTLE. Other than this it includes importance of customer service and customers profiling in
success of business.

Various type of public and private sectors business
Public sector- It refers to those companies which are under the control of government, public funded agencies and other public
enterprise which deliver goods and services and public programs (Boone and et. al. 2019). It provide various services such as
infrastructure, public transportation, healthcare, police, education, military service and so on. There are various types of public
sector organisation which are discuss below:
• Departmental undertaking- It is the oldest form of public sector organisation. It refers to one of the department of government
which have no separate existence and its all operations are controlled by any department of government. For example Railways,
telephone services, broadcasting organisation.
• Public corporations- It refers to a statutory corporations which is formed by the government legislations and fully financed by
the government. All roles and responsibility, aims and objective, imitation and so on are decided by the act of legislation. For
example- Bank of England, British broadcasting corporations.
• Government company- It refers to those companies in which 51% of paid-up-share capital is held by government. This type of
companies are operate its business activities