Business Environment Report: Business Types and Analysis

This report examines the business environment, focusing on the roles of different business organizations. It explores how companies operate within a competitive market, emphasizing the importance of providing high-quality goods and services to satisfy customer needs. The report highlights the significance of profitability and growth for both small and large enterprises, and it provides examples of various business types, including private companies, public organizations, and voluntary organizations. Furthermore, the report discusses the size and scope of different businesses using examples like McDonald's, Austin Fraser, and Rolex, and it concludes that the modern business environment is highly competitive, with each organization striving to attract customers through superior offerings. The report also includes references to academic sources.

Business Environment

Introduction
 A business consists of people who come together to earn profits
for each other.
 They all work in order to gain success in market place. They try
to compete in market for the purpose of making profits.
 In addition, they provide various kinds of goods and services to
people based on their needs and demands

Different purpose and type of business Firms
 In present era, every organization put their efforts to
enhance performance as it leads to attract large number of
customer in order to provide different types of products
and services.
 The main purpose of every organization is to maximize
the profit of organization and generate large number of
revenues in marketplace.

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These business organizations can be divided in to following
areas:
 Private company
 Public organisation
 Voluntary organisation

Public sector
 These are assumed as the most important feature which
aids to invest huge amount of capital in order to boost the
economic condition of the nation.

PRIVATE COMPANY
 This business organisation is controlled by the private
bodies. All business functions are controlled by the
individual person. Government need not to interfere in this
sector of organisation.

Voluntary sector
 The organisation of this sector is owned by different
government bodies and the main purpose of these
organisations is to provide effective service to various
people in order to gain profit.

Size and Scope of different types of business
organisations
 Business involves providing goods and services to
customers with an aim to make profits while providing the
same.
 There are different types of organizations who differ
according to scope and size of their operations.

McDonald's
 It is very big company in fast food industry and needs no
introduction to consumers. The company is having a very
big size of business, it has been able to grow itself through
franchisee mode of business.

Austin Fraser
 It is a small consultancy firm which is providing
recruitment services to people who are seeking jobs and
who are unemployed

Rolex
 It is a retailer as well as manufacturer of luxury and royal
watches. 90 percent of profits earned by the company go
to charity. The size of its business and operations is very
large.

Conclusion
As per the above mentioned report it has been concluded that in this modern marker
era competition is so high at market place and each business organisation is concern on
providing high quality goods and services to their signification buyers in respect to
satisfying their needs and wants at market place. The major purpose of each small as
well a large business enterprises is to attaining high growth and profitability through
gaining attention of customers towards their firm and offered goods and services.