Regent College HND Business Environment Report: Sector Analysis

This report analyzes the business environment, focusing on the different types of organizations, their purposes, size, and scope. It explores public, private, and voluntary sectors, highlighting their roles and contributions to the economy. The report provides an introduction, discusses the characteristics of each sector, and examines the factors that impact business operations, such as government policies, technology, and economic conditions. It concludes by emphasizing the importance of understanding these external factors for the success of any business venture. The report includes references to relevant academic sources to support the analysis.

Business environment
(Task 1)

Table of contents
 Introduction
 Types and purpose of different organisations.
• Size and scope of various range of organisations.
• Conclusion
• References

Introduction
It is very important for a firm to understand the environment in
which they are operating their business and running it. The
situational elements marks a wider impact on the all aspects of
the venture unites along with its nature, costing of the product,
distribution system and location in which they are serving as well
as their policies.

Types And Purpose Of Different Organisations.
Public sector – Public division firm contains all the
governmental bodies and financed groups along with it is
publicly operated and agencies and firms that provide
public product and services.

Cont....
Private sector –The sited division also rolling an signify role in
order to conducting the employment chances with in the
country as there are various numbers of the private segments
firms are now growing in these days in rapid manner.

Cont...
Voluntary sectors – this kind of division is made form the
association of different types of individuals who wishes to
enter in to an proper agreement as they have take voluntary to
firm a authority in respect to achieve certain objective.

Size And Scope Of Various Range Of
Organisations.
Public sectors – This division is engaged with the larger place in
respect to achieve a planned and systematic development in
the nation.

Cont...
Private sectors – the sited division also having a effective and
positive role in the evolution and enlargement of the country.
It includes in facilitating and arranging the whole of services
to the individuals in general.

Cont...
Voluntary sectors – for this sector, it includes public arts firm,
trade unions, social venture, community and voluntary
companies, group interest and so on.

Conclusion
From the above report, it can be summarised that every company
needs to consider the external or macro factors such as
government, technology, society, economical as well as
political situation of nation, legal aspects, etc. since these
elements will laid great impacts on overall performance of that
venture.

References
Agarwal, R., Grassl, W. and Pahl, J., 2012. Meta-SWOT:
introducing a new strategic planning tool. Journal of
Business Strategy. 33(2). pp.12-21.
Aterido, R., Hallward-Driemeier, M. and Pagés, C., 2011. Big
constraints to small firms’ growth? Business environment
and employment growth across firms. Economic students'
employability through business simulation. Education+
Training. 54(5). pp.355-367.