Business Environment: Analyzing Types, Purpose, and Legal Structure

This report provides an overview of the business environment, emphasizing the different types of organizations operating within it. It explores the dynamic nature of the business environment and the importance of understanding its evolution. The report categorizes organizations into public, private, and voluntary sectors, detailing their purposes, legal structures, and operational characteristics, with examples like the Crown Prosecution Services and Nestle. It also highlights the varying sizes and scopes of different organizations and their impact on business outcomes. The conclusion stresses the significance of environmental understanding for effective management and strategic decision-making, referencing relevant academic sources for further study. The report aims to offer insights into the business environment, particularly focusing on organizational structure and function.

Business Environment
Task 1

Table of Content
• Introduction
• Different types and purpose of an organization with legal
structure
• Size and Scope of a range of different types of organization
• Conclusion
• References

Introduction
Business environment is not similar in nature and it get changed
with every due course of time. Situations are not getting stabilise
for any business organisation in any consideration as chances of
harmful reflection are more in tenure.

Different types and purpose of an organization with legal
structure
Business environment is
dynamical in nature which
used to get changed with each
and every course of time.

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Thus, there are different types
of organisations are operating
in business environment which
need to understand by
managers of a company so that
suitable and appropriate
strategies lead to frame out.

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Business need to assess and determine the various types and
purpose of differ kind of associations so that management of work
could be done properly. Some business entities run and operated
for a specific purpose of profit like private business whose single
motive define as sustainability.

Types Overview Purpose Legal structure
Public sector: These
are such
associations and
companies whom
operated with a
single and
appropriate motive
of upraise standard
of society by
minimising various
kinds of issues.
Thus, public sector
companies have
better establishment
and good market
growth as well
because they are
able to issue shares
at market area or to
general public.
One of a major
Public Sector
company of UK is
Crown Prosecution
Services whom
deals in providing
legal advises to all
kind of individual or
bodies working on
diverse issues. This
was formed in the
year 1986 and
currently 6000
employees are
working over there.
Headed by the
director of Public
Prosecution which
enables and support
in providing legal
advises to many
bodies which work
for reducing criminal
offense of society.
Hence, their major
control is to maintain
good environment at
society.
Many public sector companies not need to
follow any define legal structure as they
already operated a government official.
Hence, there is no legal structure required
to followed down due to operating by
government officials.
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Private sector: Several
business firms whom
orientation is just to
generate profit and
revenue are define
under the private
sector companies.
These companies
have a right to issue
their share at market
world as well as
enable to generate
profit with accurate
customer satisfaction.
Nestle is one of a
private sector
company in UK and
founded in the year
1866 in Switzerland.
This is a second
largest Swiss
company in context of
generating more and
more revenue. They
have more than
3,00,000 employees in
their companies which
operated for a single
motive of profit.
A major purpose of
Nestle is to generate
more income and
revenue through
delivering quality
products and made
the user satisfied in
nature. They also
issue their shares at
market which support
in generating more
and more profit as well
as revenue.
They required to follow all
legislation which imposed
on them. Although,
company need to register
under a definite act. This
legal structure required to
followed down in better
and definite manner.

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Voluntary: These
are such sort of
substances whom
normally working
for society not with
a thought process
in producing
benefit but rather
obvious to
determine issues
exhibit in social
condition. They
had a huge
constructive
outcome on each
individual so better
related working
should be possible
and oversee.
British heart
foundation is one
of philanthropy
business in UK
which was shaped
in 1961. it was
established with a
mean to decrease
the quantity of
passings which
occurring because
of heart issues. It
begin with help of
some restorative
experts.
A noteworthy
reason or sole
work which could
done by this wilful
substance is to
control the heart
infections in UK
however propelling
mindfulness
occasions with the
goal that better
related working
should be
possible.
Voluntary association need
support from government in their
operations as they are not
working for profit generation.
Voluntary business have to
follow legal statutory in rare
cases.

Size and Scope of a range of different types
of organization
Every business firm have
differ size and scope as well
which need to understand by
managers of a company so that
better and appropriate results
could be drawn.

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Although, their size and scope of working specified their nature
properly so that better and effective working assessment could be
done which enables business to gain determine results properly.

Conclusion
It get concluded from the project that business environment need
to understand by managers of a company in an appropriate and
suitable manner. With appropriate understand of environment or
situations management become able to deal with diverse aspects.

References
• Kew, J. and Stredwick, J., 2017. Business environment:
managing in a strategic context. Kogan Page Publishers.
• Bah, E. H. and Fang, L., 2015. Impact of the business
environment on output and productivity in Africa.
Journal of Development Economics. 114.
pp.159-171.

Thank You