Business Environment: Examining Types, Objectives & Stakeholders

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Added on  2023/03/30

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This report provides an overview of different types of organizations operating within a business environment, including public sector, private sector, and charity/voluntary organizations. It outlines the objectives, purpose, mission, vision, and legal structure of each type, using examples such as Nestle (public sector), Iceland Food Limited (private sector), and the Wellcome Trust (charity sector). The report details the size and scope of these organizations, highlighting their products, services, and geographical presence. It also touches upon the importance of stakeholders and their prioritization within these organizations, referencing stakeholder analysis methods. The report concludes by citing various sources used in the analysis of the business environment and organizational strategies. Desklib provides access to similar reports and solved assignments for students.
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Business
environment
(Task1)
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P1: Types and purpose of organization
Public sector organization
Objectives:
Work as a support system for community
Contribute in the development of the economy
Purpose:
Enable ethical practises into the business
Provide standard products and services to the consumer
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Mission and Vision:
To increase the level of economy by using good business
practices
Development in the products and services with the mission of
transfer the benefit to the consumer
Legal structure:
The structure of public sector organization is a large joint
stock company
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Private sector organization:
Objectives:
Generate profit by increasing the market share
Increase the level of services as well as sales volume
Purpose:
Become market leader and gain competitive advantage over
the competitors
Takeover similar companies and increase the market value
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Mission and Vision:
To develop standard quality of goods and products
To increase the area of business
Protect the right and interest of stakeholders
Legal structure:
This are considered as joint stock company where business is
having separate legal identity
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Charity/Voluntary organization:
Objectives:
To determine the problem and issue face by the community and
work to resolve them
To conduct training and development program related to
[product and spread awareness about it
Purpose:
To enlighten the society by provide them required knowledge
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Mission and Vision:
To establish an environment where community feel safe and
healthy
Protection of environment, animal, nature etc.
Legal structure:
The structure of companies are in form of trusts, association
and provident society
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P2: Size and scope of different type of
organization
Public sector organization
Overview:
Nestle is associated with the public sector and a Swiss
transnational food and drink company
As per the measurement of the company on revenue basis, it
is considered as world largest food company.
Products and services:
It includes Baby food, cereals, coffee and tea, dairy
products, ice cream, frozen food, confectionery, snacks etc.
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Size of the company:
It is a largest food and beverage organization all around the
world
They have range of 2000 brands in their product pipeline.
Nestle is well present in 191 countries all across the world.
Scope of the company:
Nestle has wide scope as opportunity to expand their
business, they can invest in emerging market and set their
business easily
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Private sector organization
Overview:
Iceland food limited is a British retail supermarket chain,
which sales frozen foods.
Company was established in 1970 and in present they have
their business operations in more than 800 locations
Products and services:
The Iceland is focus towards provide best quality foods.
The food products which company provides includes
prepared meals and vegetables. Non-frozen grocery items
such as dairy products, dry goods and meats.
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Size of the company:
The Iceland limited organised their business in Portugal and
Spain and also have various stores across the country
Scope of the company:
They can start Home delivery concept and also expand their
supermarket by merging with other retail agency
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Charity/Voluntary sector organization
Overview:It was developed in 1936 by sir Henry Wellcome for
the purpose of providing fund to research with objective of
improving animal and human health.
Size of the company:
The Wellcome trust now serving their services in United
Kingdom and overseas
Scope of the company:
The wellcome trust can expand their charity business out of
UK. There are various areas of improvement in society so
trust can start provide funding for them also.
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