Business Environment Report: Exploring Types, Scope and Analysis

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Added on  2023/03/16

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This report provides an overview of the business environment, focusing on the public, private, and voluntary sectors. It examines the characteristics, legal structures, and operational scopes of each sector, highlighting how they impact business operations. The report discusses the importance of considering external and internal factors for effective management and strategic planning. It also provides examples like Walmart and the Welcome Trust to illustrate the size and scope of different organizations. The conclusion emphasizes the need for managers to consider the external environment and implement appropriate legal and political strategies for smooth and efficient business operations. The report is well-researched and includes references to relevant academic sources.
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BUSINESS
ENVIRONMENT
PART (1 & 2)
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Table of content
Introduction.
Different types and purpose of organisation
Size and scope of different organisation
Conclusion
References
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Introduction
In an organisation, the business environment required to analysing two
factors such external and internal factors which directly or indirectly
impact on business operations and its functions in better manner.
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Different types and purpose of
organisation
In the context of size and purpose, firm are divided into three department
that includes private, public and voluntary sector. These firms are
different from each others which can determining the points which are
as under:
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Public Sector
Public sector: This is that type of company which is regulated and operated
by authorities so they can smoothly run the business operation of public
companies.
Purpose: The main motive of this firm is to giving best quality based goods
and services to their desired customers.
Legal structure – This can be defined as that administration of such public
sector which determining the specific location and regions that includes
central, state and local legal authorities.
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Private sector
Private sector- Such kind of organisation are mainly owned by an
individual and group of person which main motive is to earning
huge amount of income and revenue in better manner.
Purpose- The main objective of this company is to providing best
quality based food items and commodities to their customers that
includes frozen items, meat and many more.
Legal structures- In this organisation, legal structure are combined
with different sections such as partnership, sole proprietor, limited
firm, etc.
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Voluntary sector
Voluntary sector: They are giving social services and facilities to the
country of citizens for the business welfare.
Purpose- The main motive of this company is to distributing and
contributing in nation of economy and satisfying their all needs and
demand in better manner.
Legal structure- In this type of sector, the board of director treated as
trustees who can developing and making accurate decisions and
activities.
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Explain size and scope of different types
of organisation.
In an organisation, there are various size and scope according to the
nature of business. They are determining and considering the targets
and goals that has been set by them. There are certain types of
companies along with scope and size that are as under:
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Private sector
Private sector – Such companies are directly regulated and operated
by an individual. The main goal and objective of this firm is to
getting high return and gain profitability with the help of business
operations along with limited resources.
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Public sector
Public sector corporation scope and size – Such type of organisation
which has been regulated and operated by legal government and
authorities bodies so that their size is large than other companies.
WALMART is public industry which mainly deal with selling
different types of effective goods and services in effective way. This
has been regulated at different nations in all over the world.
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Voluntary Sector
Voluntary sector scope and size- This can be understand for taking
example of WELCOME trust which is famous non profit
organisation which is around 51 stores and total number of staff
members which is approximately 3000 who are doing working in
this company.
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Conclusion
As per the above assignment concludes that to have smooth and
efficient working, managers should consider factors of external
environment and formulate strategies according to that. They should
implement all necessary legal and political factors to avoid any
disputes.
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