Report on Business Environment: Company Types, Aims, and Structures

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Added on  2023/02/10

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This report provides an overview of the business environment and its impact on company performance and productivity. It categorizes and defines three main types of organizations: public sector, private sector, and voluntary organizations, detailing their respective aims and legal structures. The report explores the characteristics of each sector, including the role of government in the public sector, profit motives in the private sector (with sole trader, partnership, and limited company structures), and the non-profit nature of voluntary organizations. It offers examples like London transportation (public sector), Iceland food market (private sector), and charitable organizations (voluntary sector). The report emphasizes the influence of both internal and external environmental factors on business outcomes and concludes by highlighting the need for effective management strategies to mitigate negative impacts and improve overall performance. References are included to support the analysis.
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Business
Environment
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Table of Content
Introduction
Various types and aims of company with its legal
structure
Size and scope of different type of organisation
Conclusion
References
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Introduction
Business environment has created a negative and positive
influence on the performance as well as productivity of a
company. There are two types of business environment
elements such as internal and external components which are
available within a market.
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Various types and aims of company with
its legal structure
There are three different
kinds of organisations:
Public sector
organisation
Private sector
organisation
Voluntary organisation
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Public sector organisation
This sector is controlled as well as owned by government.
It involve both kinds of government like as local &
national agencies. This type of business is very wide within
the nature. If business have to increase their funds then
organisation can use certain kinds of methodologies such
as taxes.
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Legal structure:
Their are two kinds of public
aspects which are as follows:
General government
Central government
State government
Local government
Public corporations
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Local government: In this, government is mainly developed
within small parts such as city, town etc. It is essential for
them to make a effective control over a specific region. Its
important purpose is to develop the policies within the
area as well as implement then in an effective manner.
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Private sector organisation
Organisation which is operating within this sector are
mainly held, regulated and managed by any type of
private company. Its important aim of this kind of
company is to make higher level of profits.
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Legal structure of private
sector
It involves:
Sole trader
Partnership
Limited companies
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Limited companies: As per this, there are having a limited
liability of staff members as per their share. It has
categorised within two different pats which are private
and public limited companies.
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Voluntary organisation
In this, kind of company is not controlled by an particular
person. It is called as a non-profit companies. Important
purpose behind this kinds of organisation is to give
various advantages to society through providing their
efforts for the welfare.
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Charitable organisation
It is an main form of NGOs as well as it is fully different
from others companies. These firms provide charity to
persons. So, that firm can accomplish their education.
Additionally, satisfy their basic requirements.
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