Business and Business Environment: Types, Scope, and Stakeholders

This report provides a detailed analysis of the business environment, examining various types of enterprises, including private, public, and voluntary organizations. It explores the purpose, legal structures, and operational activities of each type, with examples like Nestle, NHS, and Oxfam. The report further delves into the scope and size of these organizations, discussing their missions, visions, and stakeholder relationships. The analysis covers how internal and external factors influence business operations and emphasizes the importance of effective management in assessing and mitigating potential negative impacts. The report concludes with a summary of the key findings and references relevant sources on the business environment.

Task 1
Business and business
environment

Table of content
• Introduction
• Various types and purpose of enterprise
• Scope and size of different organisations
• Conclusion
• References

Introduction
In today’s modern era, it is important for individual to
examine all the factors which exist in business. Basically,
business environment is set of combination of internal and
external factors which largely affect the overall operational
activities of the company in both positive and negative
manner.

Various types and purpose of enterprises
Various types of business organization operate their
operational activities with their specific purpose. By this,
company easily attain their set goals and goals in appropriate
way. Along with this, business also having their legal
structure in which firm operate their activities accordingly.
Every business defines their objectives which is differ from
each other as company attain better results.

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Private business organization: When private individuals
operate their business with the aim of maximizing
profitability level of the company. These type of company
does not registered share. Along with this, they operate their
business for enhancing profitability level at market place by
delivering quality services to their customers.

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Purpose of company: Under this, the main purpose of Nestle
is to manufacturing quality services to their customers for
attaining higher success at market. In addition of this, they
also capture customer’s attention by serving them healthy and
quality products. This will aid in enhancing their productivity
level

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Legal structure
 Partnership
 Sole proprietorship

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Public business organization: This type of business operates
by legal authority in which they formulate number of rules
and regulation which may lead in improving overall
performance of the company at market place. In addition of
this, they operate their business with the aim of delivering
better services to its customers.

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Purpose of business: The main purpose of NHS is to
deliver better medical services to its customers as per their
needs and wants which may leads in attaining better success.
Along with this, company also use new and innovative ways
to improve overall performance of the company. This will
contribute in increasing the satisfied customers within the
business organization.

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Legal structure of company
Central government
State government
Local government

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Voluntary organization: These business operate their
activities for providing better social welfare with the aim of
enhancing economic condition by proving better services.
One of the main aim of this type of companies is to enhance
living standard of local people which directly contribute in
improving the economic condition of the nation.

Scope and size of different organisations
According to the current market environment there are differe
nt business organizations that are present in the society. They
are performing their task just to provide better services and fa
cilities to the people. Therefore, all these firms differ from on
e another in terms of size and structure. Apart from this, organ
izations can be further classified into three different categorie
s i.e. public, private and voluntary.