Business Environment Report - Regent College, Level 4 HND Business

This report provides an overview of the business environment, focusing on the types, purposes, and structures of various organizations. It differentiates between private, public, and voluntary sectors, exploring their unique characteristics, advantages, and disadvantages. The report also examines the size and scope of these organizations, using examples like Unilever Plc, NHS, and Oxfam to illustrate their missions, visions, and stakeholder relationships. Furthermore, the report delves into the legal structures of private organizations, including partnerships, and discusses key aspects such as advantages, disadvantages, and fund allocation. This document is a valuable resource for students studying business and organizational environments. The report is contributed to Desklib, which is a platform that provides AI based study tools for students.

Business
Environment

Table of Content
 Introduction
 Types and Purpose of private, public and voluntary
organisation
 Size and scope of different organisations
 References

Introduction
Business environment is the condition of the business by
which organisation perform different types of function in
proper manner. The environment of the organisation depends
upon the nature and size of organisation.

Types and Purpose of private, public and
voluntary organisation
There are Various types of organisation which have
different structure of thee firms. These structure are
established as per the requirement of manufacturing of
different products. All company has some goals and
objectives in order to accomplish these goals and objectives.

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Various types of organisation along with their
purpose and their legal structure.
Private company:
This type of organisation have single ownership or in the
partnership ownership. These organisation have liability to
perform different types of operation without any
obstruction of government officials.

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Legal structure of private organisation
Partnerships: it is official agreement which is occurs
between the organisation in order to perform various
types operation in proper manner. both of the partner
have the limited power and they equally shares the profit
of organisation.

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Advantages and disadvantages of the private company
Advantages
Disadvantage
There is full control over the
organisation of employer. This
helps to make decision as per
requirement of the organisation
Require to prepare legal
agreement
No obligations from government Allocation of fund is difficult

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Advantages and disadvantages of public
organisation
Advantage Disadvantage
Operate for the public. Scarcity of funds
Allocation off resource can be
performed
No proper allocation of funds is
available

Size and scope of different organisations
There are various types of company like private, public,
voluntary organisation which have variability in there
shape and size as per their nature of the business.
Unilever Plc, NHS and Oxfam are the example of
different types of organisation.

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Mission: The mission of Unilever Plc is to stand on the
higher position in the global market place by providing
different types of foods and different types of beverages
to the different consumer in the marketplace.

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Vision: NHS has define vision in order to provide better
quality of services to the people living in the UK.
Organisation adopt various types of the new and
innovative technology in order to maintain the
effectiveness in provide medical facilities to the people.

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It determine the various views and idea of these stakeholder
for the growth of organisation and also stand before the
customer. There are some stakeholder as per their
interest:
 High power- Fascinating people
 High power-fascinated people;
 Low power-fascinated people.
 Low power-fascinated people