Business Environment Report - Types of Organizations and Analysis

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Added on  2023/03/20

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This report provides an overview of the business environment, exploring the characteristics and differences between various organizational types. The report begins by introducing the concept of the business environment and its importance. It then categorizes organizations into public, private, and voluntary sectors, detailing the core purpose and objectives of each. The report provides examples of companies in each sector, such as Nestle (private) and the NHS (public). The report also examines the size and scope of these organizations, highlighting the factors that differentiate them. The conclusion emphasizes the importance of managers considering both internal and external environmental factors to maximize productivity, with references to relevant academic sources. This report serves as a foundational resource for understanding the diverse landscape of business organizations.
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Business
environment
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Covered Content
Introduction
Different sectors and purpose of organization
Explain size and scope of different types of organization
Conclusion
References
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Introduction
In business environment, there are different types of
organisation with the contrary natures and thus which exist
into market place too. They need to operate within the
economy. Although this can be understood by the dividing
all of firms into various categories such as public, private
and voluntary sector. Every entity is different and thus they
should operate with business as per nature of environment.
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Different sectors and purpose of organization
Public - There are various kind of firms and thus which
generally operate in by government authorities which does run
the public firms.
Purpose:- Purpose of the firm is such which does provide the
better quality of product and services with customers.
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Private sector: These type of company is such which is fully owned by a
person as well with group of individuals for the purpose of earning profit
and incomes in appropriate manner.
Example:- Nestle is perfect example of private company which is privately
owned by Paul Bulcke (Chairman) and Ulf Mark Schneider (CEO).It
offers multiple number of products in market such as baby and medical
food, coffee and tea, dairy products etc.
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Voluntary sector: This sector is that which has different
objective and purposes in working. It is something which does
include the firms and having huge audience and having target
as volunteers too.
Purpose: Purpose of the firm is such which do contribute in
economic country and do satisfy the social needs as well.
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Explain size and scope of different types of
organization
Private sector – This is such which firm does directly operate and
owned by the person in right context too.
The target of firm is too get the higher revenues and profits in
better manner and thus operating business with limited resources
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Public organisation: These are regulated with the help of legal
authorities and government bodies as well so size would be
large in comparison to others too.
NHS is an example of public sector organisation which deals in
providing health related services to the people of UK and across
worldwide. Their main aim is to provide health care services to
every people of world who are failed to get such services due to
having less money.
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Voluntary sector: These are charitable trust which has the
medium size and also depend on the various situations in right
context too.
An example be like having Welcome, it is most popular NGO
and also include the 51 stores and having total number of
employees with 3000. Work for old, poor and small children
in welfare too.
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Conclusion
Above assignment, conclude that smooth and efficient working,
managers should consider the factor which have external
environment.
Company should have an monitor the internal and external factor
so that managers can implement those factors with strategies
and company can have maximise its productivity.
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References
Cantwell, J. and et. al., 2010. An evolutionary approach to understanding
international business activity: The co-evolution of MNEs and the
institutional environment. Journal of International Business Studies.
41(4). pp.567-586.
Carroll, A. B. and Shabana, K. M., 2010. The business case for corporate
social responsibility: A review of concepts, research and practice.
International journal of management reviews. 12(1). pp.85-105.
Cavusgil, S. T., and et. al., 2014. International business. Pearson Australia.
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THANK-YOU
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