Business Environment Report: Types, Purposes, and Organizations

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Added on  2023/03/20

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This report provides an overview of the business environment, focusing on the types, purposes, and scope of organizations. It explores the public, private, and voluntary sectors, examining their characteristics and differences. The report highlights the importance of understanding the business environment for achieving organizational objectives. It discusses how various factors, both internal and external, impact business operations. The report also includes examples of organizations in each sector, such as the National Healthcare Service, Mercedes Benz, and the British Heart Foundation. The conclusion emphasizes the need for organizations to define their mission, vision, and strategies to succeed in the competitive market. Finally, the report references academic sources that support the analysis, such as research on sustainable business models, business research methods, and the theory of the business.
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Business Environment
(Task 1)
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Table of Content
Introduction
Types and Purposes of Organizations
Size and Scope of Organization
Conclusion
References
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Table of Content
Introduction
Types and Purposes of Organizations
Size and Scope of Organization
Conclusion
References
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Introduction
Business Environment can be referred to as an
amalgamation of various factors residing in the internal
and external environment of an organisation. In this
contemporary environment, it has become extremely
organisation to consider external and internal factors so
that operation can be sustained. This assignment focuses
on various types of organisation which rely in the domain
of private limited, public and charity institution.
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Types and Purposes of Organisation
Public Sectors: The institution which comes in this sector
are mostly owned and managed by the government of the
country.
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Continue..
Private Field: Private organisation are institution which
are owned individually or by a group of people known
as shareholders.
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Continue..
Voluntary Field: These institution involves people coming
together voluntarily and forming an agreement which
relates to a purpose.
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Size and Scope of Organisations
Public Sector: National
Healthcare service- It is
an healthcare service
provider known to
deliver quality health
services to residents in
the country.
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Continue..
Private Field: Mercedes Benz can
be stated as one of the perfect
example of the private sector
organisation. It is a multinational
corporation known to deliver
quality auto mobiles to individual.
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Continue..
Voluntary Field: British
Heart Foundation- It is an
organisation which is
formed to fight heart
diseases in the country.
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Conclusion
This can be summarised from the above report that a business
organisation need to determine their basic purpose, mission,
vision and strategies in order to achieve business objectives in
significant manner. There are various types of business
environment within the commercial industry such as private,
voluntary and private company etc. which are different from
each other on the grounds of their size, purpose, aims and
scope.
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References
Bocken, N. M. P. and et. al., 2014. A literature and
practice review to develop sustainable business model
archetypes. Journal of cleaner production. 65. pp.42-56.
Bryman, A. and Bell, E., 2015. Business research
methods. Oxford University Press, USA.
Drucker, P. F., 2017. The Theory of the Business
(Harvard Business Review Classics). Harvard Business
Press.
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Thank You
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