TOPFEEDBACK24 - UNIT 1 BUSINESS ENVIRONMENT

Modification

Business –
Types
Purposes and
Scope

Types and Purpose
 Public Sector
It refers to companies for the common people
regulated by the government. Mostly the
companies are service oriented. There are various
organizational structures, Divisional Structure,
Horizontal Structure , Vertical Structure.

• Private Sector
They are well reputed business firms managed by
private people through partnership, sole-trading
and franchise. Profit increase and market survival
are the sole aim.

Non profit
organization
 As the name suggests it does not work for profit
of the organization. The organization is made
for the betterment of the society. It is basically
dedicated to the social cause or the issue which
is prevailing in the society

 Voluntary Groups
They are not managed by individual or
governments. Voluntary groups are aided by
donation or funding's by people or government.

 Partnership
A small business shared by two or more partners.
Profit , loss , investment, work are shared among
partners.

 Company
Companies are run by shareholder and capital
investments. The motive behind the company
formation is developing and performance
enhance.

Size and Scope Of
Various Organizations
Size and scope are based on the decisions they
take depending on the :
• Division of Labor
• Departmentalization
• Authority and Control

The chart showing the size and capacity of various
companies.

Final Words
The sizes and scopes of the organization makes
the market dynamic and provides variety. Hence,
these various business one way or other way helps
the market to be dynamic and keeps the
competition.

References
 Anheier, H. K. (2014). Nonprofit organisations: Theory,
management, policy. Routledge.
 Baker, J. (2012). The technology–organisation–environment
framework. In Information systems theory (pp. 231-245).
Springer New York.
 Berry, J. M. (2015). Lobbying for the people: The political
behaviour of public interest groups. Princeton University Press.
 Carroll, A. B., & Buchholtz, A. K. (2014). Business and Society:
Ethics, sustainability, and stakeholder management. Nelson
Education.
 Cummings, T. G., & Worley, C. G. (2014). Organization
development and change. Cengage Learning
 Dananjaya, I., & Kuswanto, A. (2015). Influence of External
Factors on the Performance through the Network of Small and
Medium Enterprises. Assessment,

Thank
You