Business Environment (Core Unit 1) Report - Regent College

This report provides an overview of the business environment, focusing on the different types, sizes, and scopes of organizations. It explores the public, private, and voluntary sectors, detailing their purposes and legal structures. The report examines how factors such as customers, competitors, political, social, government, technology, and suppliers impact business operations and growth. It includes case studies of organizations like DCMS, IKEA Group, and Action For Children, analyzing their size and scope. The conclusion emphasizes the importance of evaluating internal and external factors to identify opportunities for business growth. The report is well-structured, with an introduction, table of content, analysis, and conclusion, supported by references. It addresses the assignment brief's learning outcomes by explaining different organizational types and their structures.

Business
Environment (Task 1)

Table of Content
 Introduction
 Different types of purpose of organization
 Size and scope of different type of organization
 Conclusion
 References

Introduction
Business environment is the combination of internal as well
as external factors which affects the business operations
and its growth. These factors can not be controlled by
organisation. It is important to analyse external factors for
identifying the opportunities that can be used by firm in
order to their advantage and complete business goal in
effective manner.

Different types and purposes of
organisations
Business environment refers to the external
factors which can not be controlled by the
business but affects its functioning and
growth. These factors involves customers,
competitors, political, social, government,
technology, suppliers etc.

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Public Sector: Organisation under this sector
offers governmental services to citizen of the
country. In this economy is raised by the public
enterprise and public services which is further
used for improving the economic condition of
country.

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Purpose of the company- In this, organisation works with motive
of improving economic condition of country and focuses on
controlling some sectors in order to secure them. DCMS
contributes nation by using the earned income in nations and
also utilise the availability of resources in effective manner.

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Legal Structure-
 Central government
 State government
 Local Government

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Private Sector: This sector includes the organisation whose
main purpose is to generate maximum profit and expand their
business at international level. Private sector organisation
contributes in the economic development of the country and
improve the employment level.

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Purpose of the company- Organisation of this sectors emphasise
on maximising its profitability by providing quality services
to its customers.
 Major purpose of this organisation to expand its business
across the world.

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Legal Structure-
 Sole proprietor
 Partnership
 Private limited company

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Voluntary Sector: Organisation under voluntary sectors works
for non profit earning motive. They concentrates on social
welfare and development of the society. Action for children
works for the young people, children's and their families in
order to provide them basic lifestyle.

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Legal Structure:
Cooperative society: It is collaborative society of same
community which avails benefits to its members only.
Trust: It is non legal firm or enterprise which is not involved any
of the agreement. It is managed by group of people which
helps in social causes.

Size and scope different types of
organisations.
Every business is initiated with the motive of generating
maximum profits. It depends on the type of organisation that
where this profit is utilised. However, it is essential for every
manager to analyse the all the internal as well as external
factors to understand the environment and find out the
opportunities for growth purpose.

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DCMS:
Size- DCMS is undertaken by the government of UK which
promotes culture of this country and also leads the society for
developing social values.
Scope- This organisation is considered as public sector which
works for the motive of developing the country in terms of
economy. In DCMS approximately 550 employees are
working.

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IKEA Group
Size- IKEA offers various kind of household products in its
store at affordable price range.
Scope- This organisation is concentrating on increasing its
number of stores across the world.

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Action For Children
Size- This organisation is considered as the medium size firm as
currently it have around 7000 employees which are working
for providing basic necessities to the children, youth and their
families.
Scope- As per present scenario, this organization is working for
the people of UK which can be further expanded by
developing nearby cities and countries.

Conclusion
From the above mentioned report it has been concluded that it is
essential for every business to evaluate internal and external
factors to find out the opportunity which will help in business
growth.

References
Savrul, M., Incekara, A. and Sener, S., 2014. The potential of e-
commerce for SMEs in a globalizing business environment.
Procedia-Social and Behavioral Sciences. 150. pp.35-45.
Schneider, S. and Spieth, P., 2013. Business model innovation:
Towards an integrated future research agenda. International
Journal of Innovation Management. 17(01). p.1340001.

Thank You