Business Environment Report: Types, Functions, Objectives & Scope

This report provides a comprehensive analysis of the business environment, focusing on different types and purposes of organizations, including private, public, and voluntary sectors. It examines the legal structures associated with each sector, such as partnerships, sole proprietorships, corporations, local authorities, and charities. The report also explains the size and scope of various organizations, classifying them as micro, small, medium, and large enterprises, and discusses the relationship between different organizational functions, such as finance, human resources, marketing, and production, and how these functions link to organizational objectives and structure, using Admiral Sportswear as a case study. The document concludes by emphasizing the importance of understanding both internal and external business environments for effective decision-making and achieving organizational goals.

BUSINESS AND
BUSINESS
ENVIRONMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
P1. Different types and purpose of organisation and their legal structures.................................1
P2 Explain the size and scope of a range of different types of organisations..............................3
P3. Relationship between different organisational functions and how they link to
organisational objectives and structure........................................................................................5
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business environment means those aspects which is used in order to develop strong
business structure which makes business functions conducted on large scale. The business
environment helps upon making business activities enhanced more effectively. This environment
is based upon internal and external factors making business functions performed more effectively
which makes business environment developed with positive approach leading towards enhancing
business more effectively. The scope of business environment is wider since its leads towards
making various elements which makes business development possible on large scale. Scope of
business environment is wider as it leads upon creating business opportunities for growth of
business. The selected organization is Admiral sportswear which is an sports organization that
has been operating within LONDON, UK and has been formed in 1914. The reports covers about
structure, size and scope of various business organizations. Also, relationship between various
kinds of business functions has been explained.
MAIN BODY
P1. Different types and purpose of organisation and their legal structures.
Organisation has been described as place where group of people work in order to make
goals and objective achieved by an organization(Grant, 2016). Under this systematic process is
used for making task to be completed more effectively. There are various kinds of organizations
performing business activities which has been discussed as follows:
Private sector: These are based over those organizations that has been working towards
earning more profit. The organization is private sector which provides product and services as
per potential of customers making focus developed upon increasing sales. Private organization
makes market share enhanced by developing strong brand image. The best example of private
sector organization is Admiral sports ware.
Purpose – The purpose of private organization is based upon enhancing sales of product
and services which makes profit to be gained. Admiral sports ware is an organization which
provides high quality products making customers needs fulfilled more effectively.
Legal Structures: Admiral sports ware is based upon business structure. There are
various kinds of private sector legal structure that has been mentioned as follows:
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 Partnership – These are based upon formal agreement and arrangement that has been
taking place between two or more than two people working upon making common goals
and objectives achieved. In partnership all partners are liable for sharing of business
responsibility with profit and loss.
 Sole proprietorship – This is maximum only shape of commercial enterprise shape with
all varieties of commercial enterprise organisation this is run and controlled via way of
means of unmarried individual only(Hilton and Platt, 2013). In this proprietor have calls
for to take choice associated with commercial enterprise concerning increase and
development. Corporation – This is primarily based totally over organisation that has been acting
commercial enterprise sports inside one-of-a-kind elements of world. Corporation
corporation is primarily based totally over making massive variety covered making
commercial enterprise venture finished inside international marketplace area.
Public sector – This is based upon developing organization that is run and managed by
government. As per these organization government and political part which plays crucial role for
providing appropriate funds over performing different activities within an organization. This type
of organization is completely owned by managing government authorities offering services
within particular area. Public sector of an organization example is BBC.
Purpose – The main aspects of public sector organization is based upon providing
various product and services based upon welfare of citizen of particular nation. The main
purpose of BBC is to provide appropriate news and information to customers. This is an effective
aspects of business.
Legal Structures: This is systematic system which offers with easy functioning of
enterprise sports. BBC agency is primarily based totally over growing imperative criminal shape.
 Local authorities: Company that follows nearby authorities way of life that's taken into
consideration over guidelines and law this is advanced with the aid of using nearby
authorities. This is best enterprise selection that's taken with the aid of using nearby
authorities body.
 Central authorities: Central authorities corporations are the ones that's absolutely run
and controlled with the aid of using an agency, The agency supplied carrier to complete
nation.
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 State authorities: Company of kingdom authorities is primarily based totally over
forming guidelines and guidelines that's shaped with the aid of using kingdom authorities.
The agency gives its manufacturing of residents inside precise kingdom.
Voluntary Organisation zone: This zone is primarily based totally upon agency that has been
acting enterprise sports which offers advantages to residents of society. There are numerous
voluntary corporations this is used for accumulating finances from exclusive reassets as a way to
meet desires of society and its people. Oxfam is an instance of voluntary agency.
Purpose – The motive of voluntary agency has been resolving troubles and trouble
current inside society that's primarily based totally upon supplying effectiveness inside product
and offerings main toward assembly desires of society. Voluntary enterprise does now no longer
goal over incomes income and revenue. This type of agency is called non income agency.
Legal Structures: Voluntary agency and criminal shape is classed inside charity and
trust association.
 Charity – In this enterprise systems voluntary corporation is acting enterprise project
with the aid of using accumulating finances via charity (Namada, 2018). This sort of
corporation is accumulating finances and different assets with the aid of using charity. In
this character are contributing finances from their very own will as a way to resolve
troubles of society.
 Trust – In this trustee of corporation is contributing their finances and assets as a way to
powerful functioning of voluntary corporation. Trustee refers to someone this is
supplying fund of corporation in order that corporation can behavior project and sports in
higher manner.
P2 Explain the size and scope of a range of different types of organisations.
There are various kinds of organization within each organization is different from each
other. Business has been mainly classified in three parts that is micro, small, medium and
enterprise business. This creates impact upon aspects as well as scope of different organization
that has discussed as follows:
Basis Micro Small Large Enterprise
Size This kind of Small Enterprise
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business holds
very less size and
operates within
specific area only.
This makes
business has
small shop which
is located within
local market area.
organisation
basically makes
micro business
that has been
performing
business
functions within
particular region.
This sorts of
commercial
enterprise are
acting venture
and sports in
specific a part of
the world. big
corporation has
greater than 500
personnel with
required ability
and
qualifications.
business has been
developed with
motive to develop
unique products
and services to its
customers.
Scope The scope of
micro business is
based upon
running
organizational
activities which
makes owners to
be
fulfilled(Beynon-
Davies, 2013).
Small business
organizations
holds large scope
as compare to
micro business.
This business
makes activities
performed by
developing strong
relationship.
Larger
organisation
scope is wider
which makes
accomplishment
in order to
achieve
objectives.
Scope of
enterprise
business makes
development
possible helping
in earning profit
by meeting needs
of its customers.
Basis Admiral sports wear BBC Oxfam
Size and Scope Admiral sports
activities put on is
multinational agencies
which has huge length
and scope of agency.
This corporation has
large length and scope
and its is offering its
services and products
in specific region all
It is a non earnings
agency this is working
in particular areas. Its
scope is to satisfy with
the desires of society.
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This corporation has
greater than 500
personnel this is
operating in specific a
part of the world.
round that globe. It
scope is to turn out to
be the maximum
depended on new
telecaster .
P3. Relationship between different organisational functions and how they link to organisational
objectives and structure
This is an important part of an organization which is used in order to develop various
functions helping in setting of business objectives and goals making time objective achieved
effectively. There are various functions department of admiral sports wear that has been
performing business activities in effective way. Important department of Admiral sports wear
which has been discussed as follows:
Finance and human resource
Finance and human resource department are important part of organization like Admiral
sports wear helping in making its functions performed smoothly. Under finance department all
kinds budget related activities are handled(Boone, and et.al., 2019). The human resource
department is mainly focused upon taking care of employees by protecting their rights and
duties. This is used for making determination of human resource and finance department create
drastic impact over organizations growth.
Marketing and production department
Marketing and production department holds importance in relation to make product
development possible by making its easily reachable to its customers. Marketing department
helps upon preparing marketing strategies which makes strong marketing developed over
product launched by Admiral sports wear. Production department helps in producing quality
product by creating customer satisfaction.
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CONCLUSION
From the above record it's been analysed that there are special varieties of corporation
this is acting its enterprise operations. Each and each corporation have special reasons and
pursuits to behaviour enterprise operations. It is important for enterprise to perceive and examine
outside surroundings as this can assist in higher choice making. By figuring out inner enterprise
surroundings and analysing capabilities, business enterprise might be capable of behaviour
assignment in powerful and green manner. It has been analysed that special capabilities of
corporation is interrelated with every and play important function in accomplishment of
preferred objectives.
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REFERENCES
Books and Journals:
Boone, L.E., and et.al., 2019. Contemporary business. John Wiley & Sons.
Beynon-Davies, P., 2013. Business information systems. Macmillan International Higher
Education.
Namada, J.M., 2018. Organizational learning and competitive advantage. In Handbook of
Research on Knowledge Management for Contemporary Business Environments (pp.
86-104). IGI Global.
Hilton, R.W. and Platt, D.E., 2013. Managerial accounting: creating value in a dynamic
business environment. McGraw-Hill Education.
Haider, A. ed., 2014. Business technologies in contemporary organizations: adoption,
assimilation, and institutionalization: adoption, assimilation, and institutionalization.
IGI Global.
Grant, R.M., 2016. Contemporary strategy analysis: Text and cases edition. John Wiley & Sons.
Rosenbach, W.E., 2018. Contemporary issues in leadership. Routledge.
Raziq, A. and Maulabakhsh, R., 2015. Impact of working environment on job
satisfaction. Procedia Economics and Finance, 23, pp.717-725.
Greenhaus, J.H. and Kossek, E.E., 2014. The contemporary career: A work–home
perspective. Annu. Rev. Organ. Psychol. Organ. Behav., 1(1), pp.361-388.
Belyaeva, Z., 2018. Business Environment Challenges and Trends for Contemporary SMEs in
Europe. In The Sustainable Marketing Concept in European SMEs: Insights from the
Food & Drink Industry (pp. 13-28). Emerald Publishing Limited.
Popescu, D., 2018. Contemporary approaches and challenges of tourism
sustainability. Amfiteatru Economic, 20(SI 12), pp.830-832.
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