Types and Purpose of Different Sport Organizations - Desklib

V
BUSINESS AND BUSINESS ENVIRONMENT (Part 1)
Types and purpose of different sport organisations
Various business organisation are operating in the sport industry which are illustrated below:
 Public sectors- These are the type of business firms which are owned and control by the
government bodies as these are the business which are operating their business in the public sector.
Their main aim is to offer the better services to their citizen with no interest in profits. For
instance, UK sports is the company which is operating in the public sector which are given below:
Purpose- The main consideration of such business is to make the better use of scare resources by which
they can increase the entire productivity of the business at minimum cost.
Legal construction
 Central government- In these type of business, public organisation are totally managed and
controlled by the central government and they are funded through the treasury collection.
 State government- There are few department with in the business who are completely controlled
by the public company and there is not such interference of state government.
 Local government- This is the aspects in which the municipal corporation has all the right to
ensures the better serveries and ear more profit for the welfare of the local people.
 Private sectors- These are the business which are owned and managed by the owner of the
company itself as there is no such control of government in various business operations. They
basically work with the sole aim of generating more profitability and growth by which they can
sustain in the market in long run. For example, Admiral sportswear is a private company which is
dealing in sports.
Purpose- The min purpose is to make more money from the available investment and employees which
public sector.
Legal construction
 Sole proprietor: This is the type of business which is run by two or more people who come
together in order to share their profit and looses on agreed basis.
 Partnership: This is the legal entity in which people own the business and personally accountable
for all their debts.
 Voluntary sectors- These are the company that are formed with the sole aim to
create the social impact instead of making profitability. This is also known as the
third sector of the company. These are not the national and local government.
For example, Sobell leisure is the voluntary sport company.
Purpose- The main consideration is to serve the society and provide the lives as they
want.
Legal construction
 An incorporated Association: Their main consideration is not make money as the
small group of people work and this is easy to establish.
 Trust: It is the firm which is formed by the group of people and all the funds is
being funded by the trustees and people.
Scope and size of different types business sectors.
Private company- Nike
 Background- The organisation was founded in 1964 by Bill Bowerman. They
opened their first retail in which they provide various products in 1966. After
some time they had launched the brand Nike in 1972. Due to the ethical practices
the organisation has seen an immense growth in the market.
 Services – Nike is a brand which design and develops various products. The
organisation has six categories in which there are different products. It includes
footwear, Nike basketball, clothing etc.
 Size – Nike has employed various 73,300 workers worldwide. It is a sportswear
brand which is established in United States.
 Stockholders – There are various shareholders of Nike it includes employees,
general public etc. On the other hand, the majority of shares is hold by Phil
Knight, Mark Parker, Vanguard Group Corporation.
 Mission- The mission of Nike is to expand the business by doing everything
potential. There are various innovations in which the organisation has been
indulged.
 Vision – The main Vision of Nike is to place the world where everybody is
athlete and carry on their life with the joy of movement.