Business Environment Analysis: Types, Size, and Stakeholders Report

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Added on  2023/03/16

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This report provides an overview of the business environment, exploring the different types of organizations including private, public, and voluntary entities. It delves into the size and scope of organizations like Nestle, NHS, and Oxfam, providing insights into their operations and market presence. Furthermore, the report includes a stakeholder analysis, emphasizing the importance of considering the needs and interests of various stakeholders such as employees, customers, and the government when making business decisions. The conclusion highlights the significance of effective management and the use of tools like PESTLE and SWOT analysis to navigate internal and external factors for sustained success in the market. The report is a valuable resource for understanding the complexities of the business environment and organizational dynamics.
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THE BUSINESS
ENVIRONMENT
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Table of Content
Introduction
Types and purpose of different organizations
Size and scope of different organizations
Stakeholder analysis
References
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INTRODUCTION
Business environment includes various influencing factors such as internal and external
factors which may affect the business operation of an organisation irrespective of the
matter whether private, public or voluntary. Internal factors includes employee's
behaviour, technological capacity, poor management etc. which affects a lot to the
business activities performed by different departments.
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Types And Purpose Of Private, Public And Voluntary
Organisation And Their Legal Structure
Every organisation established in market with some purposes, aims and objectives. To achieve all
of them, the management plays an important and crucial role through making an effective
decision and policies with the help of information available with them. Organisation are of
different types such as private, public and voluntary. It is important for an organisation to
follow all rules and regulations formulated by government in order to get appropriate support
from them.
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Private Organisation
An organisation whose ownership is attached with two or more persons is known as
private company. It means they have rights and duties to run their business
operations in their own systematic way without getting any interruptions from
government. Thus, some restrictions has been imposed on such company such as
restricts to invite public to subscribe their shares.
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Public organisation:
It is type of organisation in which is owned by government of country thus has
controlled and monitored all business operations by members appointed by
government. The main objective of such organisation is to improve standard of
living through providing quality products and services at reasonable price.
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Voluntary organisation
It is an organisation which is established in market with the support of big industrialist
and businessmen in order to provide quality products and services without charging
any prices. Thus, easily attracted needy people to get their services. The main
objective of such organisation is to fulfil all basic needs of people and upward their
living standard. To perform activities in an appropriate manner, they need to get
support from government regarding getting financial help.
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Size And Scope Of Different
Organisation
Nestle:
Size: Nestle is a company which is engaged in providing quality wide range of food as
well as beverage products due to which the company has captured large market
share and earn huge revenues every year as well. It has attained 447 factories which
has been operated in over 194 countries to cover maximum number of customers
from all over the world. Nestle has employed over 339000 workers who gives
maximum support to achieve desired goals and objectives. It has holding some
shares in Lo'real which is known and established cosmetic company
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Continue..
NHS
Size: NHS is providing health care facilities to all individuals regarding maintaining
their health so as to enjoy healthy lifestyle. It was first introduced in 1948 and from
then to now, an organisation employed over 1.5 million people in NHS due to
which it is considered under five world's workforces. It has attained over 150273
qualified doctors, 40584 practitioners and nurses about 314966.
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Continue..
Oxfam
Size: Oxfam attained over 20 charitable institutions which performs various functions
so as to remove poverty. In 1942, Oxfam came into existence and from then to
now, it has captured large market share through attracting investors to provide them
sufficient support.
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Stakeholder analysis:
It is the process of analysing the stakeholders of Nestle which help them in providing them
sufficient support in execution of business operations. Such stakeholders includes
employees, customers, government etc. thus need to consider their needs and ideas
while making an effective decisions and plans. Following are the stakeholders along
with their interest in organisation:
High power – fascinated people
High power – less fascinated people
Low power – less fascinated people
Low power – fascinated people
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Conclusion
It has been concluded from the above project report that an organisation if sustain in
market for longer period of time then it must required to have an effective
management who are capable to make an effective decisions and plans in order to
deal with internal and external factors. Efforts of different departments are
essentially required in order to achieve desired goals and objectives of an
organisation. To identify such factors, PESTLE and SWOT analysis need to
conducted by management.
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