Business and Environment Report: Public, Private, Voluntary Business

This report explores different types of businesses and their environments, focusing on public, private, and voluntary organizations. It defines the purposes of each, highlighting their distinct characteristics and operational principles. The report examines the size and scope of various organizations, providing real-world examples such as Tesco, M&S, and the Wellcome Trust to illustrate their scale and impact. It delves into the financial aspects, including revenue, employee numbers, market share, and investment strategies. The assignment concludes by summarizing the key differences between these organizational types, emphasizing their priorities and contributions to society, the economy, and community welfare. This report is a comprehensive overview of the business landscape.

Business and Busine
Environment

Introduction
• This report of business and business environment will explain the different
types of businesses, their size and scope.
• Purpose of private, public and voluntary businesses will be given as well.

P1 Different Types Of Organisations
• Organisation is designed on the basic of principles of labour and span
management.
• The success of the organization depends upon the experience and
competence of the officers of the organization.
• Nature, scale and size of the business are the normal factor which
determine forms of internal organisation.

Public Organisations and its purpose
• Public organizations include government, non-profits, and non-government
organization.
• They impacts human life and society, and influence in shaping human
civilization.
• They have a main motive to work for benefit of the public.
• They have heavy regulations as compared to private organisations and
have to go through many legal and structural conditions.

Private Organisation and its purpose
• Private organisations refer to any person , corporation, partnership
association or agency which is not a public body.
• It is a non federal entity and has to be self funded.
• These companies are set up for the purpose of earning profits.
• Private companies play a big part of shaping a country's economy.
• Legal rules and regulations have been created by the government for these
organisations to follow.

Cont.

Voluntary Organisation and its purpose
• Volutary Organisations are non profit organisations that run operations
independently.
• They receive funds from the government but are not owned by them.
• They rely on external funds such as donations, grants, dues and are not
interested in earning profits.
• Their employees do not get paid to work with them.

Cont.

Size and scope of Public Organisation
• Tesco earns a revenue of £62 billion and has more than 400,000 employees
present in company.
• They have over 6000 shops worldwide.
• Their UK market share has grown steadily in the past fewyears.
• They have great performance with a 30% share price rate.
• They have worked at reducing emissions across international operations
down by 17%.

Size and scope of Private Organisation
• M&S has over 80,000 employees.
• It has generated an income of £115 in 2017.
• They have earned a revenue of £1 billion, internationally.
• M&S has over 1000 stores in UK and 400+ across the world.
• Their shareholders get a dividend of £18.7million per share.
• They have generate £3.7 billion from clothing and home, £5.9 from food.

Size and scope of Voluntary Organisation
• Wellcome Trust is a large voluntary organisation and operates
internationally.
• It has over 2,000 employees present in company.
• All their funds and earnings are put into use for scientific research
purposes.
• It has an endownment of £23.2 billion.
• Their value has seen an increase by almost £14 billion in the past 14 years.

CONCLUSION
• This assignment concludes that there are mainly 3 types of organisations ,
that work and function differently.
• Public organisations keep citizens and profit a priority. They work for the
benefit of consumers, company and communities.
• Private organisations prioritse profits and work towards maximization
them.
• Voluntary organisations operate for the welfare of society and aim towards
helping the society.