Business Environment Task - 1: Different Types of Organizations

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Added on  2023/03/16

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This report provides an overview of the business environment, exploring various types of organizations and their purposes. It examines how different legal structures and regulations impact business operations, including the internal and external factors that influence a company's functions. The report delves into the size and scope of different enterprises, highlighting activities such as production, design, maintenance, and management. It also references examples like Nestle, NHS, and Oxfam to illustrate diverse business models. The report concludes with references to relevant academic sources, providing a comprehensive understanding of the business environment and its dynamics.
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Business Environment
Task - 1
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Cover Content
Introduction
Different types of organization and their purpose
Size and scope of various enterprises
References
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Introduction
Business environment consist with several
factors that has direct impact on the
operations and functions of the firm. In
this includes internal and external
factors that can affects on the business
functions or operations in various ways.
These forces may or may not be control
by the management of company.
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Different types of organization and
their purpose
Every business firm have different legal structure that
based on nature of the organisation. In this define
several objectives and goals of particular firm that
can be attained by following legal structure and
legislation as well. There must be required to
perform these rules and regulations while
completing specific task or work. These can be
classified according nature or categories such as
public, private and voluntary etc.
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Size and scope of various
enterprises
In this included several activities and functions that must
be performed by the organisation as per the
requirements such as producing, designing,
maintaining and managing entire operations in well
manner so that particular goals or objectives can be
achieved with limited time period. Nestle, NHS and
Oxfam deals in various products and services in the
market that belongs to different nature of businesses.
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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.
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