Business Environment: Exploring Different Types of Businesses

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Added on  2023/03/20

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This report provides an overview of the business environment, focusing on different types of organizations, their size, and scope. It begins by introducing the concept of the business environment and its impact on organizations, emphasizing the importance of effective management in navigating internal and external factors. The report then explores various types of organizations, including private, public, and voluntary sectors, highlighting their diverse purposes and structures. Furthermore, it examines the size and scope of these organizations, using examples such as Tesco, the NHS, and Oxfam to illustrate how these factors influence their operations and objectives. The report concludes by referencing the sources used and provides insights into how to understand the business environment.
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Business
Environment
Task 1
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Cover content
Introduction
Types and purpose of various organisation
Size and scope of different organisations
Conclusion
References
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Introduction
Business Environment refers to such an environment or
conditions which are uncertain in nature due to which an
organisation may find difficulties in operating their business
operations in an effective and efficient manner. Such
conditions consists of internal and external factors which
makes huge impact on the performance of an organisation
thus important for management to make an effective plans
and policies to deal with it in an appropriate manner.
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Types and purpose of various organisation
There is large number of organisation of different types who
operated their business functions in market in order to
achieve their own purposes. Thus, management are there
who support them to achieve their goals through
formulating an effective plans and strategies and ensure
that an organisation follows all legal structure while
operating their business functions in order to avoid
penalties imposed by government of country. Different
types of organisation consisting private, public and
voluntary .
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Size and scope of different organisations
There are different types of
organisation having different size
and scope due to their different
nature. Private, public and voluntary
are such types of organisation which
exist in market to meet needs and
requirements of customers. Tesco,
NHS and Oxfam are examples of
such types of organisations.
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References
Cavalcante, S., Kesting, P. and Ulhøi, J., 2011. Business model
dynamics and innovation:(re) establishing the missing linkages.
Management Decision. 49(8). pp.1327-1342.
Hair, J. F., 2015. Essentials of business research methods. ME Sharpe.
Hamilton, L. and Webster, P., 2015. The international business
environment. Oxford University Press, USA.
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