How Businesses Operate

Unit 3.23 How Businesses
Operate

TABLE OF CONTENT
 Introduction
 Types of organizations in public and private sector
 Types of structures within business
 Identify named a businessIdentify named a business
 local, national and global economic impact on named business
 CONCLUSION
 REFERENCES

Introduction
Business is wider and broader and it consists of large number of activities
and organization like small, medium, large. In this contemporary business
environment, it is critically crucial to access the market situations so that
goals are accomplished. Morrisons, a supermarket chain headquartered in
United Kingdom. It is located at global scale and has number of
competitors such as Tesco, Sainsbury, ASDA, etc. This report comprises
of working flow of business and types of businesses, frameworks like
PESTEL, accounting system, organizational structure and process.

Types of organizations in public and private sector
There are various types of organisation in public and private sector on the
basis of which strategies are implemented. It is critically crucial to access
the organisation and its processes so that goals are accomplished in
appropriate manner.
Public sector
In organisation, there are various types of public sector in organisation
such as departmental undertakings, Public Corporation, Government
companies etc. (Agarwal, 2017).
Private sector
In private sector, there are several kinds of organisation which are in
private sector such as Limited Companies, Cooperatives, Franchise, etc.