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Definition, Characteristics, and Examples of Different Types of Organizations and Business Structures

   

Added on  2023-01-04

11 Pages2716 Words66 Views
Leadership ManagementProfessional Development
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Individual report
Definition, Characteristics, and Examples of Different Types of Organizations and Business Structures_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Section 1...........................................................................................................................................1
Definition, characteristics and example of micro, small, medium and large size organisation. .1
Section 2...........................................................................................................................................3
Definition, characteristics and example of sole trader business, partnership, limited liability,
public limited liability and cooperative.......................................................................................3
Section 3...........................................................................................................................................5
Different organisational structure and how it affect business productivity................................5
PESTLE analysis and how it affect performance of business.....................................................6
CONCLUSION ...............................................................................................................................8
REFERENCES................................................................................................................................9
Definition, Characteristics, and Examples of Different Types of Organizations and Business Structures_2

INTRODUCTION
A business practice is basically defines as a procedure that get followed by the business
in order to process its working and functions in ordinate manner. It provide different ways that is
selected by the business in order to make cost effectiveness by which productive working is
promoted in sustained mode. It get people ensure about to make different changes as per need
and requirements of business in functional mode (Anwar, 2018). For this report Tesla is
considered as it is an American electric vehicle and a clean energy company and it also include
different product as battery energy storage, electric cars, home to grid scale and solar roof tiles.
The report below is based on definition, characteristics and example of different types of
business along with organisation structure that has direct impact over the productivity and
performance of business. In addition to this PESTLE analysis is considered through which
external factors and its impact is analysed that affect working behaviour of business in ordinate
mode.
MAIN BODY
Section 1
Definition, characteristics and example of micro, small, medium and large size organisation
Micro organisation: It is an organisation that also be defined as small business as it
provide employment to about nine people along with this having a balanced sheet of adequate
turnover. It is an entity that get works at a small scale and generate a overall turnover of
£632,000 and might be less than that and along with this having specialised in offering products
and services at local areas (Niemimaa and et. al., 2019). For instance, Boss Brewing company,
castle Hill fire protection ltd.
Characteristic: These are the business that eventually measures growth as by enhancing
its service level at local community and also generate enough sales and profit.
The business attain lower revenue and profitability as it operate its business at lower scale
and classifies its basis services as per the dependence of business type. They have small number of teams and that have operate its business at larger scale as
with this entire communities enhance its sales as per new classifications.
Small organisation: It is a businesses that is privately owned by the different
corporations, sole proprietorship, partnership and with certain amount of employee along with
1
Definition, Characteristics, and Examples of Different Types of Organizations and Business Structures_3

this generate revenue over a regular size business and from corporations as well. These business
have around 50-60 employees. For example, Broadword event house, Cafepod coffee co, etc.
Characteristic: The small scale business has operates its business functions as by
serving different services as per identifying the different characteristic of its competitors.
The business get worked with small market area as with this larger corporation and larger
size private businesses which is served by rural township (Keiningham and et. al., 2020).
The business enhanced its scale by putting working operations in push. The company having its situation over fewer locations by which sales and its outlet by
which services has been sold to different retail stores.
Medium organisation: It is an organisation or an enterprise that is processed and valued
by personnel number of employees that is fallen under particular field. These businesses has
been controlled with support of 50-250 employees. For example, Verdent leisure, Captify etc.
Characteristic: These business has gained success as by fulfilling the need and demadn
of marketplace as with this they get respond towards the mindset and requirements of
marketplace.
The businesses has worked hard and spend better investment in order to fulfil the need
and demand of marketplace. The business get easily deal with the different marketing situation under which they have
perform mouth to mouth marketing as well so that possible outcome is developed.
Large organisation: It is an organisation that get worked over larger scale and with this
have operated its business with more than 1000 number of employees and with more than 500
personal computers (Nimmagadda, Reiners and Wood, 2018). These organisation get processed
their working as by following certain structure so that all the working standards get managed.
For example, Tesco, Marks and Spencer, Tesla etc.
Characteristic: The business has operate its businesses as with support of better
classifications under which standards get matched with certain adequateness.
The enterprise has worked to induced similar kind of values and also generate higher
revenue as for a stipulated period of instance.
The businesses get operate its function in support of intrastate, overseas venue and
interstate as well.
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Definition, Characteristics, and Examples of Different Types of Organizations and Business Structures_4

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