Business and Business Environment Report: Types, Purpose, and Scope

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Added on  2023/03/30

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This report analyzes the business environment, focusing on the types, purposes, and scope of various organizations. It differentiates between public, private, and voluntary sectors, highlighting their distinct objectives and operational characteristics. The report explores the size and scope of these organizations, including sole proprietorships, partnerships, and companies, and how the business environment influences their decision-making. The conclusion emphasizes the direct connection between an organization's purpose, objectives, size, and scope. The report references key academic sources on pesticides, learning and development, business intelligence, and the business environment for new firm creation to support its findings. This document is a student assignment submitted to Desklib, a platform providing AI-based study tools and resources for students like past papers and solved assignments.
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P1 and P2
Business
Environment
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COVER CONTENT
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INTRODUCTION
Business environment is include all the
external and internal factors who have ability
to influence business operation of an
organization.
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TYPES OF ORGANISATION
There are three types of organizations
private, public and voluntary. Their reason
of existence and objectives are different.
For some organization solving problems of
society is more important than earning
profit.
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PURPOSE
Public sector Their main aim is to make
affordable goods so every individual can afford
it.
Private sector – Profit is their main target.
Voluntary sector – They work in order to
solve different types of problems that are
present in this society.
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SIZE AND SCOPE OF
ORGANISATION
Public sector organization are run by either state or
central government. They hold majority of share
and position in a company.
In private sector organization there are three mainly
types of entities. Sole trade, partnership and
company. Their size and scope do not relate to each
other.
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In sole proprietorship, one person do all the task
which is the main reason that their decision making
process is very fast.
In partnership 2-20 work together in order to make
product and deliver service. They have limited
market.
Size of companies may differ but they have large
market to explore.
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Business Environment
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CONCLUSION
At the end it can be concluded business
environment has capability to change business
decision taken by an organization. Purpose and
objective of an organization have direct connection
with it’s size and scope.
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REFERENCE
Pingali, P.L. and Roger, P.A. Eds., 2012. Impact of
pesticides on farmer health and the rice environment
(Vol. 7). Springer Science & Business Media.
Harrison, R., 2011. Learning and development.
Development and Learning in Organizations: An
International Journal. 26(1).
Chen, H., Chiang, R.H. and Storey, V.C., 2012. Business
intelligence and analytics: From big data to big impact.
MIS quarterly, 36.(4). pp.1165-1188.
Klapper, L.F. and Parker, S.C., 2011. Gender and the
business environment for new firm creation. The World
Bank Research Observer, 26.(2). pp.237-257.
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Thank You
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