Business Environment: Analyzing Company Types, Size, Scope & Structure

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Added on  2023/03/21

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This report provides an overview of the business environment, focusing on different types of companies, their purpose, and legal structures. It covers public sector, private sector, and voluntary organizations, highlighting their respective legal structures such as general government, public corporations, partnership, sole proprietorship, cooperative, and limited companies. The report further examines the size and scope of different organizations, exemplified by National Health (public sector), TESCO (private sector), and Oxfam (voluntary sector). It emphasizes the importance of shareholder analysis for effective business operations and concludes with a list of references. Desklib provides access to this and other solved assignments for students.
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Business
Environment
TASK 1
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Covered content
Introduction
Types and purpose of a company along with its legal
structure
Size and Scope of different organization
References
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Introduction
Business environment is one of the important element
which is required by many companies.
It comprises of certain factors that can have an impact on
business operations and it can be positive or negative.
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Types and purpose of company along with legal
structure
Public sector organisation: Government mainly owns this
sector all the laws are formulated by these authorities.
Legal structure:
General government
Public corporations
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Continued...
Private sector organisation: They basically run their
business individually or group in order to earn maximum
profits.
Legal structure:
Partnership
Sole proprietorship
Cooperative
Limited companies
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Continued...
Voluntary Organisations: Their main purpose is not to
earn profit but to provide better services to people in
respective sectors. This is also considered as the third
sector and works for the welfare of the society.
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Size and Scope of different organization
Size of an organisation differs from company to company it
depends upon the choices.
Micro Scale
Small Scale
Medium Scale
Large Scale
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Continued...
Public Sector Organisation: National Heath is a public fund
organisation that work for the betterment of the people in
England. It comes under the healthcare system of United
Kingdom, and it is being funded by general taxation that are
paid by the public who are resident of that nation.
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Continued...
Private Sector organisation: TESCO is a trading company in
United Kingdom and deals in grocery and general
merchandise and is third largest retailer through out the world
and earn more profits as compared to other firms.
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Continued...
Voluntary Sector Organisation: Oxfam is an independent
charitable organisation whose headquarter is in England,
there main focus is to provide services to eradicate
poverty, gives basic facilities through disaster relief
funds, policy research etc., thus, they work for general
cause without any motive of gaining profit.
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Continued..
Shareholders Analysis: To run a business in an effective
manner it is essential for a company to have a healthy
relation with shareholders because they are the one who
provides them with all the required materials which is
necessary for manufacturing any products.
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References
Drucker, P. F., 2017. The Theory of the Business (Harvard
Business Review Classics). Harvard Business Press.
Hillary, R. ed., 2017. Small and medium-sized enterprises
and the environment: business imperatives. Routledge.
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