A Comparative Analysis of Business Environments: Nestle, NHS, Oxfam

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Added on  2023/03/20

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This essay provides an overview of the business environment, focusing on the roles and characteristics of private, public, and voluntary organizations. It examines the legal structures, advantages, and disadvantages of private companies like Nestle, contrasting them with public sector entities (like the NHS) and voluntary organizations (like Oxfam). The analysis includes a discussion of organizational size and scope, as well as a stakeholder analysis, emphasizing the importance of considering the perspectives of employees, customers, investors, and government entities. The essay references academic sources to support its explanations of business strategy, corporate social responsibility, and the legal and regulatory environment.
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Business Environment
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Introduction
Business environment is a collection of different aspects like
individuals, entities and other factors which may or may not be
under the control of management of organization.
But such aspects affects the profitability, performance and
growth of organization.
There are various internal and external factors which having
large influence on company’s future perfrormance.
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Types and Purpose of private, public and
voluntary organization
Every organization have their different objectives and
legal structure as per their nature.
It is the duty of manager of such organization's is to follow
such legal requirements while performing their functions.
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Continue…
Private company
Public organisation
Voluntary organisation
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Nestle
Private company
In the given case Nestle can be consider as a private frim
which operate their business in UK and other parts of the
world.
Purpose of Nestle
Providing quality life to individuals of society
Contributes their functions in development of healthier
future
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Legal structure of private company
There are three types of firm which having their own legal
structure. It involves:
Partnership
Sole proprietorship
Limited companies
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Advantages and Disadvantages of private
organization
Advantages Disadvantages
Owners have full control over business
activities
Required to set up legal agreement
Owners and shareholders have limited
liability
Raising finance is difficult
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Public organisation
It includes the such organization which provides the
following functions such as military, police, infrastructure,
public education, public transit, healthcare etc.
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Voluntary organisation
It includes all companies which provides their functions
with the help of volunteers. They work for the
development of society, not for the purpose of earning
profit.
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Size and scope of different organisations
All the three organisations Nestle, NHS and Oxfam have
their different size and scope due to having their distinct
nature. Size of the organisation includes about their
different locations where they operate their functions.
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Stakeholder analysis
It is the process of evaluation of important stakeholders of
Nestle. Such stakeholders are named as employees,
customers, investors. Government etc. It is necessary to
consider the ideas of all stakeholders before performance
of their functions.
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References
Reed, O. L. and et. al., 2013. The legal and regulatory
environment of business (p. 328). McGraw-Hill/Irwin.
Reinhardt, F. L. and Stavins, R. N., 2010. Corporate social
responsibility, business strategy, and the environment. Oxford
Review of Economic Policy. 26(2). pp.164-181.
Shigang, Y., 2010. Competitive strategy and business
environment: The case of small enterprises in China. Asian Social
Science. 6(11). p.64.
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