Business Environment Analysis: Public and Private Sector Comparison

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Added on  2023/04/04

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This report provides an overview of the business environment, contrasting public and private sector organizations. It examines the objectives of each sector, highlighting the focus on societal welfare in the public sector and profitability in the private sector. The report analyzes the structures of organizations like Ikea and Mack and Jack, discussing their size, scope, and organizational frameworks. Key differences in objectives, such as stakeholder welfare, economic development, and employee welfare for private organizations, are explored. The report also touches upon the size and scope of different businesses, such as Sainsbury's and Iceland, and their organizational structures. The report concludes by referencing several academic sources that support the analysis of business environments, organizational structures, and objectives.
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Business Environment
Task 1 P1, P2, M1
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Public sector organisation
The major objective of
public sector organisation is
to provide the welfare to the
society and promote their
well being in the country.
This kind of organisation
provides the benefits to the
society by job security,
retirement benefits,
allowances, perquisites etc.
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Private sector organisation
The private sector companies are
divided on the basis of sizes like
small and medium enterprise and
large enterprise which are either
privately or publically traded
organisations.
individuals or enterprise that is
known as the private sector
organisation. The private
companies are run with assist of
funds that are collected through
various stakeholders and
investors.
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Objective of private organisation
Ikea have various major
objective which are as
follows-
Stakeholders welfare
improvement
Economic development
Employees welfare
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Objective of Public organisation
It have various kinds of
objective which are as
follows-
To expand the
business-
To enhance the market
share-
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Difference between the Types of
businesses
Public sector
This kind of organisation provides the benefits
to the society by job security, retirement
benefits, allowances, perquisites etc. Its
activities and functions provides welfare to the
stakeholders.
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Contin..
Private company
Ikea company have major objective is to earn
the maximum profitability and market share by
delivers the high quality of product and
services to customer in the market.
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Mack and jack
Mack and jack is a retail store to sample
some of our fine and handcrafted ales.Say
say say is a song written and performed
by paul McCaryney and Michael Jackson
relerased in 1983. Mack and Jack's
Brewery invites customer on saturday and
sunday at 1 pm and 3 pm and it is kind of
privcate company which major objective to
aquire large number of customer to gain
the highest profitability by supplying beer.
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Size and Scope
The size and scope of the
Sainsbury limited firm is high
and broad as compare to the
Iceland company. The scope
of Sainsbury in the
international market by serving
various segment of customers.
The size and scope of Iceland
limited company is limited in
the market where its existing
performance shows that said
company is limited to its
country by providing service in
UK's major cities.
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Organisation Structure
Mack and jack -
Organisation structure is
very important aspect
which defines the ways
of communication and
interaction of various
functional department in
the organisation.
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Conti..
Ikea
Ikea have adopted the tall organisation structure,
under which top management have strict
command and regulation over the various
department of company.
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References
Dragoi, G., Rosu, S. M., and Draghici, A., 2013. Knowledge Applications
Development at the SMEs Level in a Virtual Business Environment. Procedia
Technology. 9. pp.431-441.
Ebert, R.J., Griffin, R.W., Starke, F.A. and Dracopoulos, G., 2014. Business
essentials. Pearson Education Canada.
Kodolitsch, Y., Bernhardt, A. M., and Detter, C., 2015. Analysis of strengths,
weaknesses, opportunities, and threats as a tool for translating evidence into
Individualized medical strategies (I-SWOT). AORTA Journal. 3(3). p.98.
LiPuma, J. A., Newbert, S. L. and Doh, J. P., 2013. The effect of institutional
quality on firm export performance in emerging economies: a contingency model
of firm age and size. Small Business Economics. 40(4). pp.817-841.
Osterwalder, A. and Pigneur, Y., 2010. Business model generation: a handbook for
visionaries, game changers, and challengers. John Wiley & Sons.
Osterwalder, A. and Pigneur, Y., 2010. Business model generation: a handbook for
visionaries, game changers, and challengers. John Wiley & Sons.
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