Comprehensive Report on Business Environment: Types and Purposes

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Added on  2023/03/30

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This report provides a comprehensive overview of the business environment, focusing on the various types of organizations that operate within it, including public, private, and voluntary sectors. It elaborates on the distinct purposes of each sector, highlighting the public sector's role in fulfilling societal needs under government regulations, the private sector's profit-driven objectives through the sale of goods and services, and the voluntary sector's commitment to addressing social problems and promoting social wealth. The report also examines the scope and size of these organizations, noting the government's significant involvement in public sector entities and the diverse structures within the private sector, such as sole proprietorships, partnerships, and companies, each with varying operational scales and complexities. The document concludes that while some organizations prioritize profit, others concentrate on meeting societal needs, thereby illustrating the multifaceted nature of the business environment. Desklib provides students with access to a wide array of solved assignments and study resources.
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Business
Environment
(P1, P2)
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COVER CONTENT
Introduction
Types of organisation
Purpose
Scope and size of organisations
Conclusion
References
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INTRODUCTION
Business environment is defined as all the
external and internal factors that has ability to
influence decisions taken by an organization. It
has two main parts, Micro and macro
environment.
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TYPES OF ORGANISATION
There are mainly three types of organization
public, private and voluntary. They have
different purpose and objectives which depend
on the resources available to them.
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CONTINUE
Public Sector Organization
Private Sector Organization
Voluntary Organization
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Public Sector – Their main purpose is to fulfill need
of society, they follow all the rules and regulations
made by government.
Private Sector – Their main aim is to earn profit by
selling goods and service which generate high
revenue.
PURPOSE
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CONTINUE
Voluntary organization – Their main purpose is
to solve various problems that exist in this
society. Their focus on social wealth instead of
material wealth.
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Size and Scope of Organization
Public Sector Organization may have
involvement from state or national government.
Majority of the share are own by government
which is the main reason that they have to follow
all the rules and regulations.
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CONTINUE
Types of organization exist in private sector are
partnership, sole proprietorship and company etc.
In sole proprietorship, one person is responsible for
taking all the decision. They operate at a very small
level. Example are electrician, plumber etc.
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