Business Environment Task 1: Sector Types and Legal Structures

This report provides an overview of the business environment, focusing on different types of organizations, including public, private, and voluntary sectors, as well as legal structures. It discusses the functions, purposes, and structures of these organizations, highlighting examples such as Sainsbury's in the public sector and Primark in the private sector. The report also examines the size and scope of these organizations, noting the dominance of public sector companies and the importance of business size. It emphasizes the role of public sector organizations in providing infrastructure and maintaining a healthy business environment, while private companies focus on profit maximization. The analysis includes references to various academic sources to support its findings and provide a comprehensive understanding of the business environment.

BUSINESS ENVIRONMENT
TASK 1

INTRODUCTION
Business environment play a vital in the market place
all over the world. There are many types of of
business which operate their business in different
ways .In the following report many different
business organisation like public, private and
voluntary sectors and legal structures companies. All
these organisation have their own function to run the
business.

P1 Different types and purposes of organisations; public, private and
voluntary sectors and legal structures
Three are many different types of business organisations.
Which are different from each other in term of functions,
purposes and structure of the company. These are public,
privates, voluntary and the legal as following.
Public sector business organisation-This type of organisation
is owned by government of the country of a particular state.
In united kingdom, there is a huge public sector business
organisation which is Sainsbury's.

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They do not focus on the welfare of the society. These type of
organisation get the finance through personal savings,bank
loans,government grants,trade credit and sell shares. For
example , Primark is one of the leading brand in the retail
industry of united kingdom. This private company operated
its business with the purpose of profit maximisation by
maximum sales. It has the objective top capture a lion share
in retail sector of market place.

P 2 Size and scope of a range of different types of organisations
Size ans cope of a range of public, private, voluntary and legal
organisation can be explained as following.
Public sector organisation-These companies dominate the
market as they are large in the size. The scope of these
companies to provide better infrastructure to the
community so that they can get better standard of life.
They try to keep a healthy business environment for the
people of the society.

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Size of the business organisation plays a vital role in the
company .There are many different size of the public as well
as private sector companies. Size of the company depends
upon the scope of the company. For example of public sector
organisation,there are mostly large size organisation. In the
different organisation , there can be three types of size like
small, medium and large. In small size public sector
organisation, scope of the business is small according to the
size.

REFERNCES
Björklund, M., 2011. Influence from the business environment on
environmental purchasing—Drivers and hinders of purchasing green
transportation services. Journal of Purchasing and Supply
Management. 17(1). pp.11-22.
Botha, A., Kourie, D. and Snyman, R., 2014. Coping with continuous
change in the business environment: Knowledge management and
knowledge management technology. Elsevier.
Chavis, L.W., Klapper, L.F. and Love, I., 2011. The impact of the
business environment on young firm financing. The world bank
economic review. 25(3). pp.486-507.