Exploring Business Structures, Economic Impact, and Global Environment

This report analyzes various business structures, differentiating between public and private sectors in the UK, including partnerships, joint stock companies, and government-owned entities. It further explores the impact of the local, national, and global economic environments on businesses, examining how factors such as recessions, competition, and market dynamics affect business performance and employment. The report highlights the significance of understanding these structures and economic influences for effective business operations and strategic planning. Desklib provides additional resources, including past papers and solved assignments, to support students' learning in business and related fields.

How Business Operates
Task 1

There are different types of organization which are under public and private sector in
UK country. These are
Private
 Partnership - in this type of business people who are involved are two or more than
two persons. Before entering in business people must register himself in the
Partnership business. In this involves the address of the people, name of the
partners, name of the business, capital distribution and profit sharing. This
document will decide that which partner will invest in what ratio.
 Joint stock company - risk is more involved in this. Capital is raised by selling of
shares of diverse range. Shares are purchased by those persons are called
shareholders. The body who is managing this type of company is called Board of
Directors.
Discussing the various types of organization which are under the public
and private sector.

Public
 Government companies- in this type of the organisations,
government involvement is more than compared to other. In
this 50% of shares is owned by the government. This
organisation is partly controlled by the central government.
 Public corporations-these type of organisation is fully
controlled by the government. firm are made because of
special act of parliament.
CONTD..

There are various types of business structures prevailing in the
organisation. These are :
 General partnership - this type of the structures have two or more
then two persons engaged. Every partner has decided all the ratios
of the capital as well as profits prevailing in the organisation.
Partners are liable for profits as well as losses. In this person has to
register himself in the Partnership agreement.
 Non profit organisation- this type of organisation are running for
making the change in the society. People are working not for the
profits but for uplifting the society. For raising the funds for the
business, are doing the campaigns and many more.
Various types of structures within the business

 Business has more impact of local, national and global level. Business
which are prevailing in the local level - it has effect the business because at
the time of recession people are more concious about the money and it will
affect to the earning of the business. Most of the people lose job at this
point of time.
 At national level - at national level also business is adversely affected. At
national level competition level also increases. Due to this only there are
chances of occurring loss in the business. Financial position of the business
will affect very much. After facing loss company can remove employees to
reduce cost. This will increase unemployment.
 At global level - in the country like UK business which are small will
adversely affect the competition. But people are more affected by the
increase in competition of company as well as products. Now the
competitors are from diverse countries and it will affect the entire business.
Impact of the local, global and national economic environment on the
business

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