Introduction to Business Environment- PDF

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Introduction toBusiness Environment
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY..................................................................................................................................1A. Three types of organisations from the public, private and voluntary sectors........................1B. Different groups of stakeholders............................................................................................2C. Micro and macro business environment factors.....................................................................3CONCLUSION:...............................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONBusiness environment is consist of internal & external factors which influence acorporation's operating situation. It is a dynamic factor and difficult to control by the businessentities and there are various business environment factors such as: economic changes, clients,technology, supply and demand etc. This project aimed is to provide specific information aboutthree companies such as: Oxfam, Tesco & NHS. There are various topics are covered in thisreport like: to explain about three different types of corporations from the public, private &voluntary sectors, explain to what extent the business is influenced by the objectives of differentgroup of stakeholders. Along with this micro & macro factors are also explained in context to thebusiness decisions.MAIN BODYA. Three types of organisations from the public, private and voluntary sectorsThere are various types of corporations which are formed for different purposes. Somecompanies are emphasis towards profit making and some focuses towards social welfare. But tosustain in business environment it is require to earn profits so that business can grow & getsuccess (Safrudin and et. al., 2014).On the basis of purposes there are three types oforganisations such as: private, public and voluntary and these are as mention as below:Public sector organisation:These type of organisations can trade the securities in themarket and sell their shares to individuals. It have to follow the rules and regulations which aremade by the government. As National Health Services belongs to public sector and it emphasisto provide medical services to the individuals so that there health related problems can beresolve. As the main purpose of it is to deliver public services instead of making huge amount ofprofit. These types of companies help the government to enforce social control on trade &industry in context to ensuring equitable distribution of goods & services (Aithal and Kumar,2015).Private organisation:These are those organisations which are held under privateownership. As the article of association restrict the organisation in context to the transferabilityof shares to general public. So these type of companies can not issue the shares to the public. AsTesco is a British multinational groceries & general merchandise retailer and operate its businessin United Kingdom. The main purpose of this company is to earn maximum profits by satisfying1
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