Business Environment: Types, Size and Scope of Organizations

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Added on  2023/03/20

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This report analyzes the business environment, emphasizing the impact of internal and external factors on business operations. It examines different organizational types, including private, public, and voluntary, and their legal structures. The report also discusses the size and scope of organizations, differentiating between large and small entities and highlighting the importance of scope for future growth and success. References are provided from sources like Avramenko (2012), Bovee, Thill, and Raina (2016), and Cavalcante, Kesting, and Ulhøi (2011) to support the analysis. The report aims to provide a comprehensive understanding of the business environment and organizational dynamics. The report covers key aspects of the business environment and provides an overview of different organizational structures and their functions.
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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 is complex and uncertain in nature which
changes frequently due to which business organisation faces so many
difficulties in operating business more smoothly. Such uncertainty
situations occur due to internal and external factors which made huge
impact on the operation of business either in negative or positive
manner. Internal factors are related with political, social, technological
etc. whereas internal factors are related with employee morale,
technological capacity etc. The management is held liable to consider
all such factors and accordingly make an effective decision and plans to
deal with them in an effective and efficient manner.
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Types and purpose of various organisation
There are different types of organisation who enters into market for
some purposes and objectives on the basis of which perform business
functions in an effective and efficient manner. Such types of
organisation includes private, public and voluntary etc. Such
organisation are differ as private, public and voluntary. There are some
legal structure as well which directs them to operate business in legal
manner so as to avoid penalties and fines.
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Size and scope of different organisations
There are different type of organisations such as Nestle, NHS and Oxfam
which are different in nature and size. Some organisations are large in
size due to have abundant of capital whereas some organisation are
small in size due to having low capital. The scope of organisation
indicates the chances of achieving success and growth in future.
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References
Avramenko, A., 2012. Enhancing students' employability through
business simulation. Education+ Training. 54(5). pp.355-367.
Bovee, C. L., Thill, J. V. and Raina, R. L., 2016. Business
communication today. Pearson Education India.
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.
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