Business Environment: Analysis of Enterprises, Scope, and Stakeholders

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Added on  2023/03/20

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This report provides a comprehensive analysis of the business environment, examining various types of enterprises including private, public, and voluntary organizations. It explores the purpose, legal structures, and operational activities of different firms, such as Nestle, NHS, and Oxfam. The report delves into the scope and size of these organizations, comparing their missions, visions, and stakeholder management strategies. Key aspects covered include the impact of internal and external factors on business performance, the importance of stakeholder needs, and the overall dynamics of the business environment. The report concludes by emphasizing the significance of managerial awareness in decision-making processes to ensure favorable outcomes. References to relevant literature are also included.
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Task 1
Business environment
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Table of content
Introduction
Various types and purpose of enterprises
Scope and size of different organisations
Conclusion
References
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Introduction
Business environment consider as a important aspect which define co
mbination of internal and external factors. Both factors are lager affect
the overall performance of the company in positive and negative way.
So that it is important for manager to assess both factors effectively. W
ith the help of this they easily implement all the business policies in eff
ective manner and enhance the chances of attaining favourable results.
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Various types and purpose of
enterprises
In today's business environment various companies operate their operat
ional activities with the purpose of attaining better success at market pl
ace. In this objectives and their legal structure is totally differ form eac
h others. Basically all the firms are divide in various types like private,
public and voluntary.
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Private business organization: These type of business organization operat
e as well as control by local individual in which they can not registered th
eir share in IPO. Along with this, government restrict these type of busine
ss organization.
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Purpose of firm: The main purpose of Nestle company to offer
quality products and services to their customers in order to gen
erate large number of profitability level at market place. Along
with this, they also serve healthy services to its customers in or
der to enhance their performance level as compare to its rivals.
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Legal structure
Partnership
Sole proprietorship
Limited companies
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Public business organization: These type of business organization
handle by government in which they formed various laws and legisl
ation. By which they make their overall performance in ethical man
ner. In this NHS, is best example which operate their activities in p
ublic sector and provide healthy services in all over the world.
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Purpose of firm: Under this the main purpose of NHS is to offer me
dical services to all its customers in which they implement various i
nnovative ways to maintain their performance level at market place.
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Legal structure of company
Central government
State government
Local government
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Voluntary organization: These type of business operate their activities
to increasing social welfare in society. Basically the main aim of this co
mpany to take better decision for people benefits. In this context, Oxfa
m comes under this sector in which they operate their activities for rem
oving poverty.
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Scope and size of different
organisations
Various business organization operate their activities in various sectors in
which they define their scope and size which aid in determining actual pe
rformance level at market place. In this context, all the firms totally differ
from each other.
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