Business and Business Environment (L/508/0485) - Task 1 Report

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This report, submitted for a Business and Business Environment unit, explores the different types and purposes of organizations, including private, public, and voluntary sectors, along with their respective legal structures. It examines the size and scope of various organizations, providing data on employee numbers, net income, and areas served for companies like Virgin Atlantic and British Airways. The report delves into the objectives and visions of these organizations, highlighting their missions and strategies. The conclusion summarizes the key aspects covered, emphasizing the varied nature of organizations and their differing aims and objectives. The report is well-structured, including an introduction, detailed analysis of different sectors, and a conclusion, supported by references. This assignment provides valuable insights into the complexities of the business environment and organizational structures.
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Business and
Business
Environment
(Task 1)
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Table Of Content
Introduction
Various types and purposes of organisations
Size and scope of a range of different types of
organisations
Conclusion
References
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Introduction
Every organisation operate within a business environment
wherein different types of factors are present that give
impact on their overall performance. These influences are
sometimes in control but sometimes it might not be
controlled by venture. But this has been recognised that
such effects may be negative or positive as well
depending on their nature.
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Various types and purposes of
organisations
This has been observed that various types of companies
fall under different sector. The common sectors are
private, public and voluntary. The current presentation is
explaining about such aspects and dealing with each of
legal frame work.
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Private Sector
Those ventures which are
privately owned as well as
operated by a single person or a
group of people for making large
sum of profits are fall under this
department.
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Public Sector
This section consist of those corporations that are owned as
well as controlled by government bodies. The main motive
of these organisations is to make available services or
products at minimum prices to common people so that every
one can afford it either they are rich or poor.
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Voluntary Sector
This is also titled as non – profit organisations. These
companies used to do social welfare works so that those
people who are viewed as weak in context to wealth as well
as health could improve their living standards. These
corporations are also not owned by government.
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Legal Structure
In addition to this, different companies comprise of below
mentioned legal structure :
Public sector : Legitimate framework of this division is
segmented into three parts that is central, state and local
government.
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Size and scope of a range of different types
of organisations
Virgin Atlantic British Airways
Number of workers 8875
Number of users 34,0000 40,000 employees
involving 15,000 cabin
crew, 5,500 engineers and
3600 pilots.
Net income 154.2 million Euro £1,473 million in the year
of 2016.
Area being served North America, Africa,
the Caribbean, London,
the Middle East, Asia and
England, UK , etc.
Cardiff, Newcastle upon
Tyne, London, UK, etc.
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The objectives and visions of Virgin Atlantic
They are having main aim to offer their travellers best
quality services comprising of seamless experiences
associated with travelling from the time period of booking
to the completion of journey.
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Mission and vision of British Airways
The main objective of this venture is to become one of the
largest leader in international premium airway industry. For
doing the same, they are constantly focussing on improving
the consumer services at each level of travellers' journeying.
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Conclusion
From the above based report, it can be concluded that
different organisations such as private, public, charity,
etc. comprises of variant size, scope and legal structure
which has been covered in this assignment. In addition to
this, they are also having contrasting aims and objectives
since their priorities are also different in nature.
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