This report delves into the business environment, exploring different types of organizations including local, national, multinational, and voluntary entities, categorized within the private and public sectors. It defines key organizational structures such as sole traders, partnerships, and limited companies, alongside their advantages and disadvantages. The report outlines the responsibilities of organizations, encompassing legal, environmental, and ethical considerations, with specific examples. Furthermore, it analyzes IBM, a leading information technology company, evaluating its mission statement, its organizational structure, and the influence of Porter's five forces on its business operations. The report provides an in-depth understanding of business structures and their implications, including an analysis of functional, geographical, and matrix structures.