Business Environment Report - HND Business, Semester 2, Unit 1

This report examines the business environment, focusing on different types of organizations and their respective purposes. It explores public, private, and voluntary sectors, detailing their characteristics and operational scopes. The report highlights the size and scope of various organizations, including their financial sources and operational models. It discusses the key differences among the sectors, such as the profit-driven nature of the private sector versus the service-oriented approach of the public and voluntary sectors. The report also touches upon the relationship between an organization's size, structure, and its objectives. Furthermore, the report concludes by emphasizing the distinct objectives and operational scales of each type of organization, based on their investments and operational goals. This analysis provides a comprehensive understanding of how different organizational structures function within the broader business environment.

BUSINESS
ENVIROMENT
P1,P2

Cover content
• Introduction
• Types of organization
• Purpose
• Scope and size of organization
• Conclusion
• References

INTRODUCTION
Business environment
covers all the external and
internal factor which has
capacity to influence
process of decision
making.

TYPES OF ORGANIZATION
Their are mainly three types of organization, private, public
and voluntary. Their mission and vision depends on their
reason of existence. Some of them focus on revenue
while others concentrate on social welfare.

Purpose
Private sector – Maximisation of profit is their main target.
Public sector – Their main aim is to make and sell goods
and services at cheap rate so needy people can fulfil their
basic needs.
Voluntary sector – They work on different kind of social
issues in order to make this world a better place to live.

Continue...
There size and structures
has direct connection
with their organisational
purpose. Each and every
organisation has a
purpose to work. As
Public organisation are
having to purpose to
provide more better
services and well-being
from their efforts.

SIZE AND SCOPE OF ORGANISATION
• Public – Operates at large scale, main source of finance is
government funds
• Private – Comparatively less expanded and source of
finance is self funding and private loans
• Voluntary – Entirely different from above two sectors.
Gifts and charity is the mode of getting funds

Conclusion
From the given presentation it is concluded that each
distinct enterprise operates with an entirely different
objectives. Their scale of operations varies due to
difference in the amount of investment in each sector.

REFERENCES
Boons, F. and Lüdeke-Freund, F., 2013. Business models for
sustainable innovation: state-of-the-art and steps towards a
research agenda. Journal of Cleaner Production. 45. pp.9-19.
Cantwell, J., Dunning, J.H. and Lundan, S.M., 2010. An
evolutionary approach to understanding international business
activity: The co-evolution of MNEs and the institutional
environment. Journal of International Business Studies. 41(4).
pp.567-586.

THANK-YOU