Regent College HND Business: Business Environment Report - Analysis

This report provides an analysis of the business environment, focusing on the different types of organizations and their purposes. The report examines the private, public, and voluntary sectors, using Subway as a case study for the private sector. It discusses the purpose of each sector, highlighting their objectives and operational strategies. The report further explores the size and scope of these organizations, comparing their characteristics and impact. The analysis includes references to academic sources, providing a comprehensive overview of the business environment and its various components.

BUSINESS
ENVIRONMENT

Cover table
 Introduction
 Various types of organization and their
purpose
 Size and scope of different types of companies

INTRODUCTION
Business environment consists various internal and external
factors which having impact on existence of company.
These both factors influence each other as well as work
together. The present report is based on Subway which UK
based fast food providing company. It has appropriately
45,000 store in all over country and around 40,000 workers
employed.

P1. Various types of organization and their
purpose
There are different types of companies which are
incorporated for various purpose. The object for them
is maintain their performance and provide quality
services to their targeted audiences.

Private sector
These types of companies are incorporated
for the purpose of earn money by provide
quality services to people Subway is the
best example of private sector. It provide
best quality of fast food products to people
for the purpose of earn money. It can be
incorporated and operated by private
individuals.

CONT
Purpose- The main purpose of Subway is earn maximum profit and
try to use effective methods in order to attract large number of
customers. Members have to use their collective efforts for the
purpose of complete task on time. Submit financial report to legal
authority with in stipulated time period.

Public sector
Such companies are incorporated by
government for the purpose of social
welfare. Tesco plc is public sector which
is UK based retailing sector firm. It is
international supermarket which provide
grocery products to people. It has several
number of stores in overall country which
are incorporated by legal authorities.

CONT
Purpose- The main purpose of such firm provide better quality of
products and services at reasonable price which are easily
affordable for them. They have to use appropriate tools and
techniques in order to attain their target and maintain performance
as well.

Voluntary sector
Such companies can be incorporated by
number of people who voluntary wants to
join such firm having same objectives as
well. Oxfam is the international charitable
firm which is incorporate for the purpose
of reduce poverty and improve standard of
living of people. People who invest in such
entity after that they become and important
part.

CONT
Purpose- The main purpose of Oxfam is reduce poverty as well as
injustice from country by using appropriate tools and techniques.
Also try to implement according to requirement of company. Their
main goal is to improve standard of living of people and try to
provide services on the basis of their expectation.

P2. Size and scope of different types of
companies
Public sector- Tesco plc is the public organization. The main
objective of such firm is to satisfy needs to their customers and
try to meet their expectation as well. It provides goods and
services at reasonable price which is easily affordable by
people.
Private sector- Subway is the largest fast food providing firm.
They have to use better quality of raw material in order to
protect health of people. Bad quality of raw material may
directly harm to human body.

CONT
Voluntary sector- Oxfam is the most popular voluntary firm
which is engaged in the work of reduce poverty from
country and improve standard of people. The main
objective of such firm is to reduce poverty rate from
country. It can be possible to through take a step for
educate people and improve their work quality as well.