This presentation provides an overview of the business environment, including different types of organizations and their purposes, as well as the size and scope of various companies. It also includes references for further reading.
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BUSINESS AND BUSINESS ENVIRONMENT Title
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Cover table Introduction Various types of organizations and their purposes Size and scope of various types of companies References
INTRODUCTION Business environment is the combination of both internal and external.There are different types of organization which havin g their own purpose in order to attain target and objectives as well.
Various types of organizations and their purposes Private company-. Its earning capacity is depends on its performance. Employe rs of the firm having ultimate control on them. Primark is privately owned entity which is able to deliver various number of products with better quality to their ta rgeted customers in order to attract them and increase profit margin as well. Purpose-The main purpose of private firm is to earn profit by selling goods to t heir targeted customers. Staff members of Primark is use their collective efforts in order to attain their set of goal and objectives as well
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Cont Public sector- Government having ultimate control over these types of organization. In which more then approx. 50% share is held by le gal authorities. The main aim of them is try to raise level of standard of people and social welfare. Tesco plc is UK based retailing public company which deliver varieties of goods and services to their audie nces. This is not privately own entity.
Cont Voluntary sector- These type of companies are voluntarily incorporated by members w ho having same objective or aim. Members who are want to join firm then they can do so with same objectives. Government fram e less rules and regulation on them which t hey have to follow which are imposed on t hem. Oxfam is charitable organization whi ch is work for people and try to improve th eir standard of living as well.
Size and scope of various types of companies Private company-Primark is an international supermarket and large number of customers as well. It provide varieties of goods and services to people with better quality. Through this process firm is able to build trust among them and increase m arket share as well. The scope of this firm is larger then others.
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Cont Public company- These are gov ernment owned companies whic h having ultimate control of legal authorities. They provide goods and services with better quality a t reasonable price. Tesco plc is p ublic entity which is controlled b y government for providing soci al welfare to people.
Cont Voluntary sector- In these types of firms, members can voluntarilyjoinwhohavesameobjectivesandpurpose. Initially they have to invest some amount and then recover the same from profit. Oxfam is charitable firm which is incorporated for the purpose of raise standard of living of people.
Cont These are non profit making firms and different from private and public sector. Provide free education, special meal and eff icient shelter to them. They are positively contribute in servin g of public interest. Cited firm is able to protect their interest of people. Members who join this firm having common goal. Providing employment to large number of people. Through th ey can build trust among them.
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REFERENCES Chavis, L.W., Klapper, L.F. and Love, I., 2011. The impact of the business environment on young firm financing. The world bank economic review. 25(3). pp.486-507. Commander,S.andSvejnar,J.,2011.Business environment, exports, ownership, and firm performance. The Review of Economics and Statistics. 93(1). pp.309-337. Eckardt, M., 2012. The European Private Company: Do we need another 28th private company law form in the EU? On regulatory competition of corporate law. Eisenberg, T. and Miller, G.P., 2012. The English versus the American rule on attorney fees: an empirical study of public company contracts. Cornell L. Rev.. 98. p.327.