Business Environment Report - Analysis and Review of Sector

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Added on  2023/03/20

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This report provides an overview of the business environment, focusing on different types of organizations. It explores the public, private, and voluntary sectors, detailing their characteristics and purposes. The report also examines the size and scope of these organizations, highlighting the roles of various stakeholders such as employees, consumers, and owners. It provides a comprehensive analysis of how these sectors function and contribute to the overall business landscape, making it a valuable resource for understanding organizational structures and their operational dynamics. This report is available on Desklib, a platform offering a variety of study resources.
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Business Environment
TASK 1
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Covered Content
Introduction
Different types and purposes of organisation
Size and scope of different types of organisations
References
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Introduction
In the world full of corporate, there are various kind of firms
with different kinds of nature that are present in the market
conditions.
They generate the firm in an certain economy.
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Different types and purpose of organisation
There are different kinds of firms which are present in the market.
Each and every organisation is having their own various
functions and purposes through which they can run their business
operations and attain firm's objective and goals as well as get
higher competitive advantage in sufficient manner.
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Continued...
Public sector- these firm are that sort of companies that generally
functions and operates by the government. This is basically
owned by the government of nation or UK. As the legal bodies
are regulating public firms in order to facilitates jobs opportunity
to their local persons and gain higher numbers of incomes with
the help of running it effectively.
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Continued...
Private sector- These kinds of the firms are completely owned by an
individual or by a single people as well as group of persons for
the reason of having benefits and incomes in an suitable and
appropriate manner.
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Continued...
Voluntary sector- this kind of sectors is far different form other ones
and having several objective with purposes. In this in involves
every company in which larger numbers of customers are
captures and targeted as the volunteers.
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Size and scope of different types of organisation
Private sector: These are stated as beneath:
Sole traders
Partnership
Employees
Consumers
Owners
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Continued...
Public Sector: This comprises-
Authorities
Community
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Continued...
Voluntary Sector: It is basically refers as the charitable trust that are
medium size but they can come in both sizes as medium and
larger it is depends of some certain conditions. It can be
understand with the help of example of British Heart Foundations
as this is a famous NGO in involves many location where they
have provided care for heart problem and cure them well.
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References
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Thank You!!
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