Business Environment: Analysis of UK Business Landscape

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Added on  2023/02/07

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This report provides a comprehensive overview of the business environment, focusing on the United Kingdom. It begins with an introduction to the business environment, highlighting both internal and external factors that impact organizations. The report then categorizes organizations based on their purpose (for-profit vs. non-profit) and scope of operations, differentiating between public, private, and voluntary sectors. It delves into the legal structures of each sector, including sole proprietorships, partnerships, and government entities. The analysis further explores the size and scope of various organizations within the UK, categorizing them as micro, small, medium, and large firms. The report concludes by emphasizing the opportunities available in the UK business environment and provides references for further study. The report aims to provide an understanding of the UK's business landscape.
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BUSINESS ENVIORNMENT
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Table of content
Introduction
Different types and purposes of organisations
Size and Scope of various types of organisations
Conclusion
References
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Introduction
Business environment term can be understood as and filled
with all internal and external elements which may put
both positive and negative impact on functions of an
organisation. Both of these factors are consists with some
major components through which business can get run in
an appropriate sense and these are: employees, customers,
directions, supply along with demand, laws and many
more.
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Different types and purposes of organisations
Today's business environment is filled with ample number
of opportunities. Government of United Kingdom and of
other countries as well have distributed organisations as
per turnovers, number of employees, operations, scope
and many more.
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Continue.............
Basis
of
Compar
ison
For Profit NPO NGO
Meaning Under this, it has
been analysed
that all the firms
that are coming
under this sector,
carries main aim
to earn profit with
the help of
delivering
products and
services to
targeted
customers.
Delivering
services and
products to
society in order to
standardise them
without keeping
an aim or motive
of generating
revenue or to
earn profit.
Non- government
organisation term in
which any company is
coming does its business
and deliver products and
services to customers.
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Continue.............
Area
of
Oper
ations
Organisation
's
operational
activities can
be done in
both big and
small area
according to
business
scope and
aim.
Operations
is being
done at
limited,
targeted
area only.
Organisati
ons under
this does
business
at larger
scale.
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Continue.............
Objecti
ves
Delivering
satisfaction to
customers and
through this
generating
maximum
revenue as
much as they
can. This can
be understood
as an objective
of these
organisations.
Promotion of
art, scientific
disciplines
along with
commercialis
m can be
stated as the
main aim of
organisations
that comes
under this
section.
Making
independent
to the
people who
are in need
of United
Kingdom
and this can
be done
through
many ways.
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Three major sections in which organisations have been
distributed:Public Sector- Government of United
Kingdom mostly does runs organisations that comes
under this sector.
Purpose– Enhancing economical conditions, transportation,
developing infrastructure, telecommunication are some
major motive under this sector of governmental business
organisations and bodies.
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Private Sector– Companies under this sections Under this,
main aim of private sector company is to earn profit.
Purpose– The fundamental reason behind the foundation of
organizations in private segment is to discover and dissect
the taste, inclination needs and needs of the clients and to
give them the requested items and administrations.
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Voluntary Sector– These are the sort of organizations which
are run and oversaw by the general population who
intentionally joins a consent to accomplish some shared
objective or to work towards a typical reason.
Purpose– The fundamental motivation behind these
association is to build up the country by giving
advantages and welfare to the general population of the
general public.
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Legitimate Structure of the Sectors:
Private Sector: The Structure under this is being filled with
ample number of many operations on the other hand, any
person can do business at international level.
Sole Proprietorship– It is a unincorporated business which is
claimed and control by a person with no different legitimate
substance of the business and the proprietor
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Partnership– Under this, at least two individuals goes into
business as co proprietors and sign an association deed in
order to lawfully entitles top follow up for the benefit of each
other in business.
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