Business Environment Report: Analysis of Different Business Sectors

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Added on  2023/02/03

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This report provides an overview of the business environment, encompassing different types and purposes of organizations, including public, private, and voluntary sectors. It delves into the size and scope of various organizations, using examples like Tesco, Cadbury, and Oxfam to illustrate key concepts. The report examines the legal structures of these sectors, highlighting the distinctions between sole proprietorships, partnerships, limited companies, and government entities. Furthermore, it includes a stakeholder analysis, identifying key groups such as customers, employees, investors, suppliers, and the community, and discusses their significance to business operations. The conclusion emphasizes the dynamic nature of the business environment and the importance of resources for successful business practices. The report serves as a comprehensive resource for understanding the multifaceted aspects of the business environment.
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Business Environment
Task 1
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Cover Content
Introduction
Different types and purposes of organisations
Size and Scope of various types of organisations
Conclusion
References
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Introduction
Business environment is amalgamation of various micro and macro
factor that have direct or indirect bearing on functioning of an
organisation. These factors constitute customers, competitors,
government, individuals, media, technology and multiple other
attributes that may or not may not be in fully managed by a firm
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Different types and purposes of
organisations
Public: These company are having
limited liability and are free to trade
and sell their firm's shares in stock
exchange. These firm are highly
subject to government intervention
and conducts its operations and
activities as per the policies, norms
and guidelines incorporated by
government.
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Private sector: These companies forms that part of economy where
goods and services are produced in accordance to consumer's needs
and aspiration with soul objective of generating high profits. These
organisations are generally either self- managed or owned by group
of individuals without much government interference.
Voluntary sector: These associations are often composed by an
individual or group of people who are having similar interests and
common motives and drivers to contribute to a society cause or to
indulge in social welfare activities.
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Legal Structure of sectors
Private Sector:
Sole proprietorship
Partnership
Limited Companies
Public Sector
Central Government
State government
Local Government
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Voluntary Sector
Trust
Unincorporated associations
Company limited by guarantee:
Charitable incorporated organisation
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Size and Scope of organisation
TESCO: TESCO is the British global supermarket chain that is third
largest retailer in terms of revenues that has generated around £55.9 billion
in 2017. It has market capitalization of around £18.1 billion and enjoys a
market share of around 28.4% in UK.
Size: Company has its operations in more than 7 nations across Asia and
Europe where it manages 6800 shops. The firm manages a proficient team
of of around 476000 employees across the globe.
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Cadbury: It is the world second largest British confectionery brand
with an annual turnover of more than $3 billion and with revenue
growth of around 7% annum. The company is having total 11%
market share at global level and around 30% in UK. The company is
having its operations in more than 50 nations
Size: Cadbury is operating its business in more than 60 nations all
over the world where in it manage a team of around 71657
employees.
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Oxfam : It is association of different charitable firms that undertakes
various relief works for eliminating global poverty.
Size: Under Oxfam, there are 20 charitable firms that undertakes
several various activities in more than 90 nations where its is having
its centres. It has a staff of 2500 people and approx 35000
volunteers.
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Stake holder's analysis: Stakeholders forms that group of people that
remain interested in the business activities of a firm and are impacted or
can impacted by business. It includes customers, employees, investors,
suppliers, government and community that are in some or other way
associated with organisation. For Cadbury, its 71657 employees, 35000
indirect and indirect suppliers, 20 million consumers forms a part of
stakeholders group.
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Conclusion
The mentioned report summon that business organisation can be
framed but to refrain a business successfully, this is essential to have
proper resources. Factors of business environment are ever-changing
and dynamic. Basically, these are eliminated into two key segments
i.e. public and private organisations. Another essential and renown
aspects of companies is non-benefits enterprise, also called as
voluntary organisations.
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