Business Environment: Analysing Types, Size and Scope of Organisations

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Added on  2023/03/22

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This report provides an overview of the business environment, focusing on the different types of organisations, including public, private, and voluntary sectors, and their legal structures. It examines the size and scope of various organisations such as Primark, NHS, and Tesco, highlighting their unique characteristics and contributions. The report concludes that companies like Primark have the potential for expansion and diversification, maintaining a competitive edge through strong financial performance. References to relevant academic articles support the analysis.
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Business and
Business
Environment
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INTRODUCTION
The environment in which any business operates its
functions has to analyse to run a business smoothly.
These factors and forces include micro and macro
which have influence either directly or indirectly on
any business.
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DIFFERENT TYPES AND PURPOSE OF
ORGANISATION
It involves:
Public
Private
Voluntary
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Public Company
This sector is called as public as government takes
responsibilities to run these organisations for
providing help and services.
In this case, Primark is consider as a private
company.
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Private company
These sectors are commercial which owned either by
individual or a group as well as controlled by private
entrepreneurs.
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Voluntary organization
This sectors are like Civil or Third Party Sectors which
can be defined as the place between State and Private
sector that consists of non-profit organisation.
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SIZE, SCOPE AND STRUCTURES OF
DIFFERENT ORGANISATIONS.
The structure and size of any organisation refers to the
different levels that can help the company to operate in
an effective manner and accomplishing their goals.
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PRIMARK
It is the world's leading private retailer company, that
sells clothes at low rate.
The largest Primark store is located on Manchester, in
England.
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NHS
The National Health Service was established around
1948, was funded by HM treasury in London.
It is the largest single payer health care system in the
world, having 1.5 million staff which made it fifth
world's largest employers.
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TESCO
It is the largest public food retailer in UK and
headquartered in Hertfordshire of UK.
This company offers a wide range of products
to attract their customer's interest.
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CONCLUSION
It has concluded from the above discussion that
Primark can easily expand and diversify its business
in UK and across the countries.
It has given a strong competition to all his rivalries
with a strong financial power.
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REFERENCES
Bhaduri, G. and Ha-Brookshire, J. E., 2011. Do transparent
business practices pay? Exploration of transparency and
consumer purchase intention. Clothing and Textiles Research
Journal. 29(2). pp.135-149.
Boons, F., and et. al., 2013. Sustainable innovation, business
models and economic performance: an overview. Journal of
Cleaner Production. 45. pp.1-8.
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