Business Environment Analysis Report - Business Studies

This report analyzes the business environment, covering the different types of organizations such as public, private, and voluntary enterprises. It provides insights into the purpose and characteristics of each type, including their structure and operation. The report further explores stakeholder analysis, differentiating between internal and external stakeholders, and explaining their roles and influence on business operations. The document includes references to support the analysis. This assignment is available on Desklib, a platform offering various study resources, including past papers and solved assignments, to aid students in their academic endeavors.

BUSINESS
ENVIRONMENT

Cover Content
• Introduction
• Different types and purpose of
organisation
• Public enterprises
• Private enterprises
• Voluntary enterprises
• Size and scope of different types of
organisation
• Stakeholder analysis
• Internal analysis

INTRODUCTION
• The concept of Business Environment refers to the c
ombination of all internal an external factor that infl
uence company's overall functioning and operation.
• Internal factors include firm's product or services, as
sets, employees and marketing whereas External incl
ude stockholder, customer, economic condition and
competitors.

Different types and purpose of
organisation
• Below mentioned are some of the most common o
ption that can be taken into account by business ow
ner:
• Public Enterprises
• Private Enterprises
• Voluntary Enterprises

Public Enterprises
• This sector is run, managed and controlled by the Go
vernment Bodies. People pay taxes to Government an
d they further use this money for the welfare and inte
rest of society only.

Private Enterprises
• These type of organisation are mainly owned and r
un by private individual. They are considered as fr
ee enterprise in the economy. It is easier for private
firms to modify themselves as per the dynamic cha
nges

Voluntary Enterprises
• Such type of organisation are not owned or run by
any single individual. These are also known as N
PO and their main objective is to improve the eco
nomic and living condition of people.

Size and Scope of different types of
organisation
• Mentioned below is the detailed description of
them:
• TESCO
• Virgin Group
• Oxfam

Stakeholder Analysis
• It refers to the process of systematically analysing
and gathering qualitative information to identify w
hose interest should prior taken into account when
implementing or developing policy or program. Th
ey are mainly categories into two parts one is Inte
rnal and other is External.

Internal Analysis
• Such individuals or parties are the part of the com
pany and possess influence on its functioning and
operation.

External Analysis
• These are those parties and group that are not cons
idered as a part of organisation, but yet gets affect
ed by its activities. Such people holds secondary r
esponsibility towards company. For example: Cus
tomer, Vendor, Government, competitor etc.

References
Avramenko, A., 2012. Enhancing students' employability
through business simulation. Education+ Training.
54(5). pp.355-367.
Cheng, T. C. E., Yip, F. K. and Yeung, A. C. L., 2012.
Supply risk management via guanxi in the Chinese
business context: The buyer's perspective. International
Journal of Production Economics. 139(1). pp.3-13.
Halbert, T. and Ingulli, E., 2011. Law and ethics in the
business environment. Cengage Learning.