HND Business - Business and the Business Environment Report Analysis

This report provides a detailed analysis of the business environment, focusing on the different types and purposes of organizations, including private, public, and voluntary sectors. It explores the legal structures, sizes, and scopes of these organizations, examining their objectives and operational areas. The report also delves into the interrelationship of various business functions such as HR, finance, marketing, and R&D, and how they contribute to achieving organizational goals. The report further analyses the size and scope of various organizations within the market, differentiating between micro, small, medium, and large enterprises. It highlights the importance of these sectors in contributing to the UK's economic development and provides a conclusion summarizing the key findings and the importance of internal and external factors in shaping business activities. The report is supported by relevant references.

Business and the
Business
Environment
TASK 1

TABLE OF CONTENT
 Introduction
 Different types and purposes of organisations
 Size and Scope of various types of organisations
 Conclusion
 References

INTRODUCTION
Business environment is characterised as place where
business operations that are executed by organisations to
timely attain goals and objectives. Companies have
internal and external factors which directly and indirectly
impacts on system functionality.

TYPES AND PURPOSE OF
ORGANISATION
Business environment have different types of corporations
which execute business operations to generate sufficient
profit. Private and public are two forms of sectors which
are present in market and conduct operations either for
profit, not for profit or serve as NGO.

Comparison between Enterprises
Basis of Comparison For Profit NPO NGO
Meaning Market have various
corporations which are set
up by executive to utilise
money and generate
adequate profits from
business. It is essential that
administration have
sufficient material and
manpower to provide
products and services in
respect to needs and wants
of people.
Non-profit organisation is
defines as firms which
require to provide variety
of items and services in
market to gain adequate
revenue. Owner conduct
activities in such manner
that they have appropriate
amount of funds in
company which are due to
reinvestment of money in
business.
NGO stands for non-
governing organisation
which are started by
individuals as funders and
volunteers. They require to
utilise funds and have
adequate resources to
deliver appropriate items
and services to people to
enhance their health and
living.
Area of Operations This aspect includes firms
which execute activities
either at large scale or at
limited level.
This form of corporations
comprises limited scope
actions.
NGOs require to execute
large scale operations.
Objectives This sector prime goal is to
grab attention of large
number of people to
generate adequate profit.
These firms which are set
to encourage art, science
and commerce concepts
among individuals.
NGO main motive is to
develop underprivileged
communities by providing
them charitable services.

Types of Organisation
Business environment has various types of organisation which
are present in market to attain appropriate positions and
image in market. It is necessary that management
organise activities and make system function in according
to market conditions which help them to timely
accomplish its aims and purposes.

Continue...
This is explanation which is defined below:
 Public sector
 Private sector
 Voluntary organisation

Public sector
Public sector: This segment comprises firms which are managed and
regulated by government to generate adequate income. These
organisations advantage UK to enhance country by increasing
employment opportunities and providing adequate items and
services in respect to demands of people. National Health Service
(NHS) is example of public organisation which gets capital from
national health care system which is famous and individual player in
this sector.

Continue..
Legal structure of public sector:
Central government – Public firm regulate, operate and manage by the
central and state authority for the social welfare.
State government: These business firm need to design stem and make
it function in according to rules and regulations of authorities.
Local government: These are enterprise which enhances employment
opportunities and products for welfare of society.

Private sector
Private sector: This concept includes organisations which are set up
by individuals to utilise funds and execute adequate business
operations in according to achieve their goals and objectives. Marks
& Spencer is multinational retail firm which give quality food,
clothes and home products

Continue...
Legal structure of private sector:
Sole proprietorship: The sole trader facing different unlimited liability
at the time of smoothly running of business operations and functions.
It can be defined as unincorporated entity in which no legal
difference between business and owners. A sole trade proprietor need
insurance number for opening a business in the UK market place.
They have to register self assessment with the HM revenue and
customer properly.

Continue...
Partnership: Two or more people come together in agreement to have
adequate resources in firm to accomplish goals and enhance
profitability. For starting a business with partnership in UK, so
company require to register self assessment tax, operate business as
per the regulations, name the business according to mutual
agreement and share equal profit among partners.