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.

Continued...
Private sector organisation:
 Iceland is a store which is set up in UK, they deal different sorts of items,
for example, vegetables, meat, dry things and in addition meat.
 They have approximately 2% offer of United Kingdom sustenance
showcase.

Continued...
Vision
There vision is to cater products and services to their customers at
reasonable costs so that it will assist them to improve their
fulfilment level. Along with this, it will aid them to contend their
rivals in commercial center as well as enhance their goodwill.
Mission
Mission of association is that, they need to give merchandise and
administrations to individuals at sensible costs. Alongside this,
they want to provide them adequate satisfaction.
Objectives
There primary target is that, they need to build their market share
and revenues. Additionally, they want to grow their market so they
can accomplish their aims and targets successfully as well as
productively. It is fundamental for them to improve their
productivity and deals so they can compete their competitors more
adequately.

Continued...
Iceland considered their staff members as a stakeholders; therefore, manager
give them some share of revenues along with salaries. As a result, they will
retain in association for longer period of time. This helps to improve
involvement of employees in business.

Continued...
Voluntary sector:
 NGO's are non benefit undertakings which are funded through gifts or
financial aid. In around the world, there are almost 3.5 million NGO.
 They never share their benefits among their individuals.

Continued...
Vision
There vision is to achieve long term achievement. They
would prefer not to enhance their revenues however to
give better services to individuals of nation.
Mission
There primary mission is to give security to persons
regarding their lives and additionally diminish destitution
line in country. Alongside this, they need to accomplish
social equity.
Stakeholder
analysis
They will be people, company, government and many more

Continued...
Objectives
Objectives of NGO are depicted as beneath:
 They need to render education to persons which will
assist them in their development and advancement.
 There fundamental maxim is to provide medical help to
individuals with goal that they can diminish sicknesses in
country.
 They give free counsel to poor people, identified with
lawful necessities.
 NGOs organize land or structures for schools, colleges
and in addition doctor's facilities.

Continued...
Stakeholder analysis: On the off chance that any association needs support
from other individuals then it is necessary for them to create shareholder
administration in their organisation since it aids them to guarantee
achievement of venture.

Conclusion
From above given presentation it can be concluded that there are three sorts of
enterprises such as public, private and voluntary association. Size and scope of
every organisation is differ from another. Bondholders are necessary for each
firm because it assists to render growth, development as well as success to
affiliation.

References
Ahmed, I., Aamir, M. and Ijaz, H. A., 2011. External factors and
entrepreneurial career intentions; moderating role of personality traits.
International Journal of Academic Research. 3(5).
Barnett, M. L. and Salomon, R. M., 2012. Does it pay to be really good?
Addressing the shape of the relationship between social and financial
performance. Strategic Management Journal. 33(11). pp.1304-1320.

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