Business Environment: Types, Size, Scope and Stakeholder Analysis

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Added on  2023/03/29

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This presentation provides an overview of the business environment, focusing on different types of organizations, including public, private, and voluntary sectors. It explains the purpose of each sector, highlighting examples like Transport for London (public), Thomas Cook (private), and The National Trust (voluntary). The presentation also discusses the aims and objectives of private and public sector organizations, such as profit maximization and economic transformation, respectively. Furthermore, it analyses the size and scope of ventures like Thomas Cook and Transport for London, considering factors like employees, customers, and net income. Finally, the presentation delves into stakeholder analysis, utilizing Mendelow's matrix to categorize stakeholders based on their power and interest, emphasizing the importance of managing stakeholder relationships for organizational success. Desklib offers a wealth of similar solved assignments and past papers to aid students in their studies.
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Business
Environment
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Table of contents
Introduction
Different types and purpose of organisations
Size and scope of a range of different types of ventures
References
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Introduction
This presentation is explaining the different sectors like
private, public and voluntary organization. The scope and
size of different types of enterprises are also explained. The
stack holder analysis is also done here.
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Different types and purpose of
organisations
Public corporates are owned as well as run by government
body. Profit earning is not the motive of this type of
enterprises. Transport for London is one of the organisation
that under public sector.
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Cont...
Private corporations is simply owned, financed as well as
run by a single person or a group of people. The motto of
such type of enterprises is to earn more and more profits and
expand their business internationally. Thomas Cook can be
the best example of private sector organisation.
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Cont..
Voluntary sector is different from both. They are also named
as non-profit sector. Their aim is to do social activities but
without earning profits and fame. They are also not run or
headed by government body. The National Trust is one of
the enterprise that fall under voluntary sector.
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Cont..
The purpose of public sector organisations are explained
below:
Transformation of the economy
Redistribution of income and wealth
Source of capital formation
Achievement of balanced regional development
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Cont..
The aims and objectives of private organisation are given
below:
Profit maximisation
Transparency in reporting
Selection of right organisational structure
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Size and scope of a range of different
types of ventures
Thomas cook Travel for London
Employees 21,940 in 2106 22840
Customers 22.1 million 25 million
Net Income 9 million in the
year of 2016
6 million
Areas served Globally Greater London
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Cont..
Stakeholders can be simply defined as those people who
shows their interest in the business of organisation and also
make investment in that in order to appeal their share in
company's profitability.
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Cont..
Mendelow has given a
matrix that aid in analysing
stakeholders that is
described below:
Box A- Minimum effort
Box B- Keep informed
Box C- Keep satisfied
Box D- participation
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References
Cavusgil, S.T. and 14. International business. Pearson
Australia.
Hamilton, L. and Webster, P., 2015. The international
business environment. Oxford University Press, USA.
Harrison, R., 2011. Learning and development.Development
and Learning in Organizations: An International
Journal.26(1).
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