Business Environment Report: Analyzing Business Environments & Sectors

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Added on  2023/03/20

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This report provides a comprehensive overview of the business environment, examining different types of organizations and their purposes. It categorizes organizations into public, private, and voluntary sectors, detailing their legal structures and objectives. The report explores the scope and characteristics of each sector, highlighting their roles in the economy and society. Furthermore, it emphasizes the significance of environmental factors, both internal and external, in shaping business strategies. The report concludes by underscoring the importance of analyzing these factors to mitigate negative impacts and achieve organizational success. References are provided for further reading on the subject.
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Business
Environment
(Part 1&2)
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Table of Content
Introduction
Different Type and purpose of organization
Size and scope of various organization
Conclusion
References
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Introduction
Business environment simply refers to a surrounding wherein all kinds
of organisations are running their commercial activities. It
comprises of two main types of factors named as macro and micro
which give impact on every activity of enterprise.
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Different type and purpose of
organization
Public sector:- These kind of organisations are established by
government bodies with some specific reasons and objectives.
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Purpose:- Public sector organisations are basically established to
provide welfare services to needy people.
Legal structure – Public sector organisations are basically established
under government bodies and they working under state and local
authority of a country.
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Private sector – These kind of organisation are privately owned by
individual, partners and group of people who wants to make money
by their own efforts and services.
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Purpose – Private sector organisation are very different from public
and voluntary services.
Legal structure – Privater sector organisations requires to follow
norms and policies of government bodies to easily enhance their
business structure.
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Voluntary sector - This type of organisations properly belongs to
social care services. Main objective of them is to attain their specific
objective that introduces for social welfare services.
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Purpose – Voluntary sectors organisations are established to provide
various services to needy people.
Legal structure – These type of organisations are introduce by trust,
government bodies and individual person but local and state
authorise make their own control on its services.
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Size and scope of various
organization
Public sector Such organisation has wide and large scope in
economy because their main objective is to provide effective and
quality services to each and every individual.
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Private sector – These kind of sectors are belongs to privately owned
organisation which are establish to earn maximum or appropriate
profits easily.
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Voluntary sector – These type of business organisation's are basically
established to provide effective and quality services for social and
public care. These firms are basically owned by government bodies
and some local authority to provide effective services at several
places.
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