Business and Business Environment Report - Coursework Assignment

This report provides an overview of the business environment, focusing on different types of organizations. It explores the characteristics, advantages, and disadvantages of public, private, and voluntary organizations. The report also delves into the size and scope of these organizations, including aspects like locations, areas, and business activities. The report includes an introduction, discussion of different organizational types, and concludes with a list of references. The report covers topics such as the legal structures, aims, and objectives of various businesses, and is a valuable resource for students studying business and related subjects. Desklib provides students with access to this and other past papers and solved assignments.

Business and
Business
Environment
Task1

Cover Content
• Introduction
• Types and purpose of organisations
• Size and scope of different types of organisation
• References

Introduction
Business is defines as the firm which starts and operates by an
individual with the aim of maximise wealth and profits in an effective
manner. There are define various types of businesses including public,
private and voluntary etc. who have different nature and run business
entities for generating more profits or revenues in an effective manner.

Types and purpose of organisations
Every business firm have various natures and aims or objectives for
operating entire functions in an effective manner. They also have some
legal structure which is depends on the nature of business.

Continue...

Continue...(Public organization)
Advantages Disadvantages
They usually works for public welfare In this requires adequate funds which are
limited
They focus on utilising of available
resources for the purpose of attaining best
possible outcomes.
There are some restrictions regarding
borrowing money.

Continue... (Private company)
Advantages Disadvantages
Private owners have totally freedom to
control and maintain business activities in
an effective manner.
They have needed to consider an
appropriate legal requirements
Owners have some limited liabilities to
run a business firm.
There may be some difficulties to arrange
and raise funds for organisation.

Continue... (Private company)
Advantages Disadvantages
Private owners have totally freedom to
control and maintain business activities in
an effective manner.
They have needed to consider an
appropriate legal requirements
Owners have some limited liabilities to
run a business firm.
There may be some difficulties to arrange
and raise funds for organisation.

Continue... (Voluntary)
Advantages Disadvantages
Government support in providing
adequate funds to the voluntary firms.
There is difficulty to get several
opportunities due to unplanned and
controlled activities in the firm.
Here are defined number of activities and
participation for achieving predetermined
goals or objectives.
There may be no any guarantee for its
continuity.

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Size and scope of different types
of organisation
From the above organisations such as Nestle, NHS and Oxfam have different
nature so their size or scopes are also different from each other. In this
included various aspects regarding the firm such as locations, areas and
business activities.

Continue...