Report on Business Environment: Types, Purpose, Size & Structure

This report provides a comprehensive analysis of the business environment, focusing on different types of organisations, including public, private, and voluntary sectors. It examines their purpose, legal structure, size, and scope, providing detailed insights into each sector. The report also includes stakeholder analysis for each organisation type, highlighting their vision, mission, and objectives. Public sector organisations, such as London Transport, are discussed in terms of their budget, responsibilities, and commitment to providing safe and reliable transportation. Private sector organisations, exemplified by Iceland, are analysed for their market share, vision, and approach to employee engagement. Voluntary sector organisations, including NGOs, are examined for their focus on social justice, poverty reduction, and provision of essential services like education and healthcare. The report concludes that understanding the diverse nature of these organisations and their operational environments is crucial for fostering growth and development.

BUSINESS
ENVIRONMENT
TASK 1

Covered Content
• Introduction
• Different types and purpose of organisation and their legal structure.
• Size and scope of different types of organisation.
• Conclusion
• References

Introduction
Business environment implies blend of inward and also outer components
which can influence exercises of organization and it is dynamic in nature. It
might comprises customers, contenders, innovations, government, market,
society and so on. There are a few elements which can controlled by firm yet
some are uncontrollable, for example, inflation and tax rates.

Different types and purpose of organisation and their legal
structure.
There are some sorts of associations like public, private and voluntary sectors.
• Public sector organisation
• Private sector organisation
• Voluntary sectors

Public sector organisation
This form of firms are generally owned as well as run by government only. It
may consists both type of regulatory bodies such as national and local and their
agencies. It is very largest sector of any scheme.

Legal structure
There are two types of public sector, which are described as below:
 General government
 Public corporation

Private sector organisation
According to this, enterprises which are held, managed as well as controlled
by private establishment or an individual. Their main purpose is to earn
revenues only and increase their market shares.

Legal structure
• Sole trader
• Partnership
• Limited companies
• Cooperatives

Voluntary sector
This kind of association is not held by just a person. It is otherwise called
not – for – benefit endeavour. They shaped to provide advantages to public
as well as never isolate their incomes to their individuals.

Size and scope of different types of organisation.
Public sector organisation:
 In 2015-2016, there spending plan was approximately £11.6 billion, in
which almost 40% they get by fares. Rest of sum they get through from
administrative bodies, borrowings, monetary benefit as well as cross rail
asset.
 London transport is an administrative body who is in charge of
movement framework in London.
 They are responsible for street routes, rail systems, buses and in addition
taxies also.

Continued...
Vision
Vision of London transport is to business with
various industry accomplice and bondholders so they
can convey sheltered, secure and dependable
movement framework.
Mission
Mission of association is to secure earth and
make wrongdoing dread low as could reasonably be
expected.
Objectives
Primary goal of transport for London is to make
procedures and arrangements which are
advantageous for overall population. They are
responsible for approx 600 km system of primary
way.

Continued...
London Transport considered customers as a stakeholders because they have
to provide services to them in an ethical manner. Therefore, they will
easily build trust and loyalty. It is fundamental for an association to render
services effectually as this helps them to improve profits.