Business Environment Analysis: Types, Size, Scope - HND Business L4

This report provides an overview of the business environment, focusing on different types of business organizations, including public, private, and voluntary sectors, and their respective purposes. It delves into the size and scope of these organizations, using examples such as the BBC, Mark & Spencer, and The National Trust to illustrate their mission and vision. The report further examines the international growth of businesses and emphasizes how these organizations operate across various countries, maintaining their objectives and aims. It also covers the functions and activities carried out by these organizations and their impact on the business environment. Desklib offers a platform to access similar solved assignments and past papers for students.

Business Environment
TASK 1 (P1 & P2)

Context
 INTRODUCTION
 Types and purpose of business organisations
 Size and scope of business organisations
 References

INTRODUCTION
Business environment is an intermixture of all internal and
external factors which will put a huge impact on growth
and success of business. There is described different
types of business entities and their purpose.

Different types of business organisations and their
purpose
Public sector – It involves all those business entities that are controlled
and monitored by the government of the country.
For example – British Broadcasting Corporation is most of the best
example of public sector company.
Purpose – The main purpose of public sector organisations is to
develop more and more industries that provides employment
opportunities to people of the nation.

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Private sector – In United Kingdom, there are many private
multinational companies established which focuses on earning huge
profits.
For example – Mark & Spencer is one of the popular private sector
organisation. Its headquarter is in UK.
Purpose – The main goal of private sector organisations is to increase
their sales and makes higher profits.

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Voluntary sector – It is known as the third sector or non-profit
business organisations.
For example- The National Trust is a voluntary organisation. It is a
charity that basically works for protecting historical and cultural
places.
Purpose – The prime objectives of voluntary sectors is to provide better
and quality services to people who have low living standard.

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International growth of business -
There are many multinational companies are regulated in different
different countries. All of them have their own purpose and aims.
Above mentioned public, private and voluntary business
organisations are not only spread in their nations even though they
have large market share in other countries.

Size and scope of business organisation
Public sector organisations – These sectors are developed by the
government of the nation. It is culpable for doing all functions and
activities of the company in an effective manner.
Mission and vision – BBC says that, ' Our goal is to linked, inform
and empower the people together over the globe.
Whereas the vision statement is – to extend, persuade and transform
their attitude and skills and to act as the primary pipeline among
customers and business.

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Private sector – Such companies are regulated by an individual or a
team of some people who want to earn profits from market.
Mission and vision – The mission statement of M & S is to render
trendy products in the area of home, cloths, food as well as financial
services. It also emphasis on value for the money of their customers.
The vision statement of the company is – to be standard against that
others are measured.

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Voluntary sector organisations – It is the simple associations of few
persons who are able to share values and objectives.
The mission and vision statement of this enterprise is same that is - To
save the beauty of historical places and monuments by their
preservation of their natural aspects. The mission statement of the
charity is to domain and conserve the natural, archaeological and
cultural heritage of UK.

REFERENCES
Siewiorek, A., and et. al., 2012. Learning leadership skills in a simulated business
environment. Computers & Education, 58(1). pp.121-135.
Welford, R., 2013. Hijacking environmentalism: Corporate responses to sustainable
development. Routledge.
Wetherly, P. and Otter, D. eds., 2014. The business environment: themes and issues in
a globalizing world. Oxford University Press.

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