Types of companies
Added on 2022-12-26
10 Pages2784 Words75 Views
Data Science and Big DataLaw
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Types of companies
![Types of companies_1](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fdy%2Fe55c30028ebf4fb4849b63795323a815.jpg&w=3840&q=10)
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Section 1...........................................................................................................................................1
Definition, characteristics and example of micro business, small business, medium size
business and large size business..................................................................................................1
Section 2...........................................................................................................................................3
Definition, characteristics and example of sole trader business, partnership, limited liability
business, public limited liability business and Cooperative........................................................3
Section 3...........................................................................................................................................4
Identify different organisational structures and explain how organisational structure affects
business productivity...................................................................................................................4
Use of PESTEL analysis on organisation...................................................................................5
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Section 1...........................................................................................................................................1
Definition, characteristics and example of micro business, small business, medium size
business and large size business..................................................................................................1
Section 2...........................................................................................................................................3
Definition, characteristics and example of sole trader business, partnership, limited liability
business, public limited liability business and Cooperative........................................................3
Section 3...........................................................................................................................................4
Identify different organisational structures and explain how organisational structure affects
business productivity...................................................................................................................4
Use of PESTEL analysis on organisation...................................................................................5
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8
![Types of companies_2](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fxd%2Fd758ea33a2384cebb4bac1ac0893d685.jpg&w=3840&q=10)
INTRODUCTION
There are different types of organisations that have different business structure and
follow different strategies in the market (Blanck, Ribeiro and Anzanello 2019). Every
organisation has their own structure where they can work in effective manner. In this these
report four types of organisation are involved such as micro business, small business, medium
size businesses and large size business. This report is based on Unilever, it is multinational
consumer goods organisation. Company is located in London England. Unilever's product
include baby foods, cheese, ice cream, coffee etc. this report include information about different
organisations and their different characteristics. Also it include information about sole trade to
corporative and limited liabilities partnership. Further, it include information about Different
organisational structure and how organisational structure affects business productivity. In the last
it include PESTEL analysis of the large organisation.
MAIN BODY
Section 1
Definition, characteristics and example of micro business, small business, medium size business
and large size business.
There are several kind of businesses in the market with different revenues and different capital
expenditure. Below are various types of businesses and their characteristics are explained:
Micro business: IT considers as a type of small business, micro businesses has fewer
employee than other organisations(Ferreira and Sousa 2020). They have employee less than 10
in one organisation, micro businesses handle by the single business owner and all the decision
making process is done by owner of organisation. The main motive of these businesses is to gain
better growth and profitability in the market. Boss Brewing Company is example of micro
business located in UK.
Characteristics:
These businesses has smaller group of people in the organisation that works for the better
growth and stability in the market.
Micro businesses usually does not have copyrights and tread mark for their business also
people know about these business from the local vendors or other small business people.
1
There are different types of organisations that have different business structure and
follow different strategies in the market (Blanck, Ribeiro and Anzanello 2019). Every
organisation has their own structure where they can work in effective manner. In this these
report four types of organisation are involved such as micro business, small business, medium
size businesses and large size business. This report is based on Unilever, it is multinational
consumer goods organisation. Company is located in London England. Unilever's product
include baby foods, cheese, ice cream, coffee etc. this report include information about different
organisations and their different characteristics. Also it include information about sole trade to
corporative and limited liabilities partnership. Further, it include information about Different
organisational structure and how organisational structure affects business productivity. In the last
it include PESTEL analysis of the large organisation.
MAIN BODY
Section 1
Definition, characteristics and example of micro business, small business, medium size business
and large size business.
There are several kind of businesses in the market with different revenues and different capital
expenditure. Below are various types of businesses and their characteristics are explained:
Micro business: IT considers as a type of small business, micro businesses has fewer
employee than other organisations(Ferreira and Sousa 2020). They have employee less than 10
in one organisation, micro businesses handle by the single business owner and all the decision
making process is done by owner of organisation. The main motive of these businesses is to gain
better growth and profitability in the market. Boss Brewing Company is example of micro
business located in UK.
Characteristics:
These businesses has smaller group of people in the organisation that works for the better
growth and stability in the market.
Micro businesses usually does not have copyrights and tread mark for their business also
people know about these business from the local vendors or other small business people.
1
![Types of companies_3](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Ffy%2Fcfd6bc6fc8764260af219f80febbbf53.jpg&w=3840&q=10)
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