Comprehensive Analysis: Business Environment, Sectors, and E-commerce

This report provides a comprehensive overview of the business environment, exploring various types of businesses including local, national, and global enterprises. It delves into the structure and operations of these businesses, highlighting their unique characteristics and market strategies. The report further examines different sectors, such as public, private, and third-party sectors, analyzing their roles and contributions to the economy. Additionally, it explores various types of e-commerce, including B2B and B2C models, and discusses market structures such as pure competition, monopolistic competition, oligopoly, and pure monopoly. The report also references key sources and data, providing a well-rounded understanding of the business landscape.

Business Environment
The way by which individual or group earn or manage money for
better living is called as business. The collection or sum of all external
as well as internal factor that affects the growth of the organization is
termed as business environment. This report will be based on brief
description of businesses that includes local, national and global
business and also included public, private and third party sector by
which a successful business in an appropriate manner.
National business is a business that operates at broad level and by that
business the company earn higher amount of profit from the
marketplace. Basically a business in which a understanding of
technicals are takes place and many more things which are comer
under in business administrators are also part of the national business.
National business has more location and may be present at different
region and that has comparative more output from the local business.
Company which comes under this type of business generally have
knowledge or understanding of different culture of the particular
country. Competition is more in this business as many competitors
want to copy or substitute product by their own. For example
AstraZeneca, it is a pharmaceuticals company which have many
locations in the united kingdom and supply goods and services to its
domestic market, that create a positive image of the company in
country and enhance their business in other country as well.
In simple words, the data or information which is larger, much more complicated than the usual data sets and which is obtained
exclusively from newer data sources is called as Big Data. There are three Vs of Big Data i.e., volume, velocity and variety.
Volume means the amount of data. Here, the data will be of high volume and of low-density along with being unstructured.
Velocity is the speed at which such data is received and acted thereon (Hancock and Khoshgoftaar, 2020). This includes
operating of some smart products which are internet enabled and thus, will be requiring evaluation and action in real-time.
Variety denotes the types of data. Relational database is utilized for processing of traditional data type whereas the data which is
unstructured or semi – structured will be requiring additional pre-processing like text, video and audio.
Data sets of this Big Data is so bulky that software used for processing of traditional data cannot manage this data but it is also
possible to handle the complicated business problems by analysis and processing of this bulky data (Hariri, Fredericks and
Bowers, 2019). Over the last few years two more Vs have emerged namely, value and veracity. Naturally, every data set has its
intrinsic value but it is necessary to discover that value. Also, the level of reliance that can be put on this data is also important
i.e., truthfulness and integrity of the data is very crucial.
Hamilton, L. and Webster, P., 2018. The international business environment. Oxford University Press.Bhunnoo, R. and Poppy, G.
M., 2020. A national approach for transformation of the UK food system. Nature Food, 1(1), pp.6-8.Hampden-Turner, C.,
Trompenaars, F. and Hampden-Turner, C., 2020. Riding the waves of culture: Understanding diversity in global business. Hachette
UK.Buchheim, L., Krieger, A. and Arndt, S., 2020. Innovation types in public sector organizations: a systematic review of the
literature. Management Review Quarterly, 70(4), pp.509-533.
Conclusively it can be said that from above discussion business is
most important aspect by which individuals or group of individuals
earn their profit from the market place. Successful business can be run
by the surrounding region as company work according to need and
demand of the customer. This report is based on business environment
that includes types of business (global, national and local business)
later this report explain sector of business (public. Private and third
sector) and at last this repost describe e- commerce type and market
structure on which a company run in appropriate manner.
Local business is a type of business in which individual run their business single handedly in a particular region
which may be present in their local community, city, town, etc. In the other words it can be said that a business in which buying
and selling of products to customers in its own locality so that an individual earns their profit and live their life in better way.
This type of business generally run according to needs and demand of surrounding environment or region so that business run in
an effective manner. Many local business are operated in a region where market are not developed and that step creates an
positive impact on the business at its initial. For example a barber opens a shop in a region where no other shops are placed in
nearby region that result in an effective growth of the business which also create an image in front of other and that play an
essential role in managing expenses at its personal level.
INTRODUCTION Types of business
National Business
Local Business
CONCLUSION
REFERENCES
Public sector
Public sector is also known as state sector because
it includes all the necessary services and goods which require for
the society, public goods & government services that includes
public education, infrastructure, healthcare and law enforcement
are part of public sector.
Private sector
The company which comes under this sector have
main motive is to earn higher amount of profit from market by
applying different strategies for subsequent growth. The private
company run a business for their personal motive they didn't
have executed their project for the welfare of society. The owner
run a business according to surrounding region and may change
product and service. Many companies which have their footprint
at different region and also large number employee are work
under the private organization so it can be said that private sector
major responsible for enhancement in the employment rate and
also serve in the economy of the country.
Third sector
The organization which didn't work profit margin
and or for basic requirement of the society. Third sector have
their different structure and work profile among two other
sectors basically this sector includes charity, trust, voluntary &
community organization, etc. organization that comer under this
sector have motive is to helping needy people. There is no
enforcement of anybody in the sector, anyone can do work for
the welfare of others and the person who work in a regular basis
may be paid by the organization in short amount but that is
totally depended upon the work of particulars.
There are basically four type of market structure on
which market run and grow in subsequent manner. Such
types are:
Pure competition- perfect or pure competition is a type
of market structure in which any small business are
placed in region, and they all compete with each other
for the growth and survival in the market place. The
business which have quality products and services are
more in demand to the target market.
Monopolistic Competition- it is also a type of market
structure in which products are very specific and limited
manufacture of particular product or services is there so
the profit margin is high.
Oligopoly- the competition is limited as few firms are
there in this type of market structure, so they all work in
a unity and raise the price if particular products and gain
higher amount of revenue from the market.
Pure Monopoly- the products manufacture is single so
there is no competition in between the organization and
copying of product didn't take place. This type of market
structure mainly used branded products.
Global Business
Types of sector
There are various type of E- commerce some are as follows:
Business to Business (B2B)- this type of e-commerce includes
transaction between two business for the earning purpose. It may
involve a manufacturer & wholesaler, wholesaler & retailer. This
type of E-commerce generally for the growth and achievement
of particular. At every level the price rate is increase and that
effects the economy of country.
business to consumers (B2C)-the process of selling of products
to the customers according to their needs and demands are
comes under in business to consumers e-commerce type. The
main motive is to earn higher amount of profit margin from the
marketplace. The company directly deal with the customers and
work accordingly and there is no middle man in between
business and customers.
Types of E-commerce
The business which have global footprint and operates in
many country with variety of product and services are
known as global business. Competitors are higher in rate
because every one want product that is in demand in the
market and the company which comes under this type of
business have brand loyalty so other competitors want to
copy products. As it is clear that this business operate in
many country so profit rate is also in large amount that
create a positive impact on the economy of the country.
The organization structure play an important role in global
business because the number of employee is in large
amount so for managing all department company acquire
structure by which company run in an appropriate manner.
For example Tesco, it is multinational company which
have many stores in the UK and also have footprints in all
over the world. The profit margin is high and many other
competitors are there for substitution of product but Tesco
Types of E-commerce

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Public sector is also known as state sector because it includes all the necessary services and goods which require for the society, public goods & government services that includes public education, infrastructure, healthcare and law enforcement are part of public sector. The service
which are comes under this sector majorly for the welfare of society or group of individuals, that didn't have any profit margin. Organization that comes under this sector have spread in large amount which means that there are many employees in the organization and all perform their
work according to government rule and regulation. There is no partiality in this sector regard to job profile all employees work in an appropriate manner and earn wages from it. For example hospital, different types of people are come in the hospital for their treatment, education is
another example by which different category of student learn and gain knowledge on equal page.
Private sector
The company which comes under this sector have main motive is to earn higher amount of profit from market by applying different strategies for subsequent growth. The private company run a business for their personal motive they didn't have executed their project
for the welfare of society. The owner run a business according to surrounding region and may change product and service. Many companies which have their footprint at different region and also large number employee are work under the private organization so it can be said that
private sector major responsible for enhancement in the employment rate and also serve in the economy of the country. Private sector business invest on their own there is no involvement of government in terms of finance. The company mainly work according to demand of the
customers and create an positive impact on the company's profile which enhance the market value of the company.
Third sector
The organization which didn't work profit margin and or for basic requirement of the society. Third sector have their different structure and work profile among two other sectors basically this sector includes charity, trust, voluntary & community organization, etc.
organization that comer under this sector have motive is to helping needy people. There is no enforcement of anybody in the sector, anyone can do work for the welfare of others and the person who work in a regular basis may be paid by the organization in short amount but that is
totally depended upon the work of particulars. The investors invest for non-profit margin, and they didn't get any profit margin from the organization. In the currently growing world, many people donate, deposit the money and from the pat few years many organizational are operated
in the United Kingdom and number of such type of organization is increase in subsequent manner.
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