Business Environment: Organisation Types, Size, Scope & Objectives

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Added on  2023/03/22

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This report provides an overview of the business environment, focusing on different types of organizations, including public, private, and voluntary sectors, and their respective purposes. It examines the size and scope of various organizations, highlighting the distinctions between profit-oriented, non-profit, and non-governmental organizations. The report also explores how the structure, scope, and size of firms are linked to their business objectives, using Walmart as an example. The document concludes with a list of references and acknowledges the competitive nature of the current market, emphasizing the importance of effective organizational functions for growth. Desklib offers a variety of solved assignments and past papers for students seeking further assistance.
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Business & Business
Environment
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Table Of Content
Introduction
Different kinds and purposes of organisations
Size and scope of a range of various types of
organisations
Structure, Scope and size of firms firms link to business
objectives
References
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Introduction
Business environment refers to the collection of person,
business companies and some other factors which can be
and cannot under control of company. Under this
presentation mentions about the various types of
organisation and also their purposes. The purpose of every
firm is different from the each other.
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Different kinds and purposes of
organisations
Every business firms are having various kinds of objectives
and also purposes so that firm can accomplish its set
targets in a specific time period. At market place, there
are many organisation which operates their business in
order to increase their profit level and also capture the
large market share.
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There are mainly three types of organisation like for an
instance public, private and also voluntary. Difference
among profit, NGO and also non- profit organisations are
given below as above:
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Major purposes of three
types of business firms
are given as below:
Private organisations-
These are those kinds of
organisations which operate
for earning high profits in
the market place.
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Public Organisations- The liability of public organisations
is limited and under this, government has full control on
public organisations. These kinds of business firms are
run and controlled through the local as well as central
government.
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Voluntary organisation- It is a kind of association under
which individuals and group of people enter in an
agreement voluntarily in order to accomplish common
aim and goals in specific time period.
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Size and scope of a range of various types
of organisations
In this present time period, market is more competitive. So,
it is necessary that all functions of a firm should be
completed in a proper manner. From this firms can grow
fast. In this business environment, firm is divided among
the three different categories on the basis of their size.
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Public Organisation- On
public firms, there is a
control of government.
The public firms do its
business activities for the
welfare to community and
fulfilling needs and
preferences of consumers.
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Structure, Scope and size of firms firms
link to business objectives
Scope, size and structure of company has link with the
organisational objectives. Their function helps in
determination of the different objectives of company.
Their interrelation is defined below:
Walmart is the private company which provides their
service in more than 28 countries.
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References
Bagtasos, M. R., 2011. Quality of Work Life: A Review of
Literature. DLSU Business & Economics Review. 20(2).
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.
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