Business Environment: Analysis of Different Organisation Types Report

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Added on  2023/02/09

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This report provides a comprehensive overview of the business environment, focusing on different types of organizations. It begins with an introduction to the concept of a business environment, emphasizing its dynamic nature and the importance of business resources. The report then delves into various types of organizations, including private limited companies and public limited companies, and discusses their characteristics. Furthermore, it compares for-benefit and non-profit organizations, highlighting their objectives and operational areas. The report also examines the private, public, and voluntary sectors, detailing their purposes and legal structures. It includes examples of organizations such as ASDA, Sainsbury, and Oxfam. Finally, the report addresses the size and scope of different types of organizations, differentiating between micro, small, medium, and large enterprises. The report concludes by summarizing the key points and providing references for further reading.
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Business Environment
Task 1
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Cover Content
Introduction
Different types and purposes of organisations
Size and Scope of various types of organisations
Conclusion
References
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Introduction
A business organisation can be framed but to refrain a business
successfully, it is the requirement of business resources. Factors of
business environment are ever-changing and dynamic. Hence, a
business environment can be termed as entire institution, individuals
along with forces which influence the firm's sustainability and their
entire performance standard.
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Private Limited Company
Private limited company is introduce as a part of joint stock
company.
It is a incorporate firm where the company has an individual
legal identify from the lender.
This firm are family run and small business which are
established and run by shareholders.
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Public Limited Company
It is much larger part of the joint-stock business.
Public limited company is a limited liability business
whose shares and capital may be freely traded and sold
to the public with a some share capital of £50,000.
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Different types and purposes of
organisations
In the present business world, several companies are conducting their
operation within commercial segments as this can assist in attaining
aims and objectives along with benefits of company. The main
target of business are aiming over more consumer and developing
the basic standard of living.
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Cont..
Comparison
components For benefit NPO NGO
Meaning It can be defined as body which
are structured to gain maximum
revenues amount. Key target of
such companies to provide
proper consumer services and
gain maximum benefits out of
the operated activities.
The company consist of under
service-centred organisation
aiming over the increment of
benefits. Revenues earned
from the operated functions are
reinvested for he purpose of
evolution despite of benefits
owner.
It can be framed as non-government
associations which aim to provide services
to the society for their betterment. These
firms often functioned by single
individuals.
Operations Area Varies that can be small or
extensive Limited Large
Objectives Key target of these enterprise are
to earn revenues along with
achieving satisfaction of
consumer in relation to provided
services and products.
It is set to support and promote
commerce, art and science
among each individual.
Major aim is to promote whole society to
resolve and aims in order to resolve issues
and problems emerged by unit.
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Private Sector: In such types of category, the
entire structure of firm is being designed by
country's government along with generated
income by sharing the work within
enterprise.
Purpose: These types of companies contain
major focus over economical evolution
along with deliver individual assistance who
consist of set income amount.
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Cont..
Public Sector: In such types of companies, firm mainly are framed to
achieve trade and maximum commodities trading along with maximum
benefits.
Purpose: major purpose of such types of organisations are performing as per
the consumer requirements
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Voluntary Segment: Such organisations
are structured for the betterment of
society which are conducted with the
agreement of voluntarily group of
people to accomplish common
organisational purpose.
Purpose: The major purpose is to
develop the economical condition by
classifying developing fundamentally.
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Legal Structure of Organisation
Private Segment:
Sole Proprietorship: Under this type of business, activities are carried out
by an individual who are liable for benefits and losses of company.
Partnership: In this, two or more people work in combine form agreeing
with specific business terms for benefits and liabilities which can be
distributed together.
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Public Segment:
National Government: According to this, firm provision are
implemented that has structured by UK state and are eventually
operated through administration along with other commercial
activities for the business economical evolution.
Local Government: Such sort of government majorly pursuit for the
significant factors for local goods and services as well as working in
the betterment to society.
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