Analysis of Business Environment, Organizations and Legal Frameworks

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Added on  2023/03/21

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This report provides an overview of the business environment, exploring its impact on organizations and their operations. It categorizes organizations into public, private, and voluntary sectors, detailing their distinct characteristics and objectives. The report examines the legal structures associated with each type, including sole traders, partnerships, incorporated organizations, and unincorporated associations, highlighting their relevance and implications. Furthermore, it discusses the size and scope of different organizations within these sectors, emphasizing their roles in economic growth, job creation, and social development. The report also touches upon the mission and vision statements of example organizations, such as DCMS and a global food seller, illustrating their strategic goals. Concluding with a reference to SWOT analysis, it underscores the importance of strategic planning for future productivity. The report utilizes resources like Agarwal et al. (2012) and Aterido et al. (2011) to support its analysis.
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BUSINESS AND THE BUSINESS
ENVIRONMENT
TASK 1
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TABLE OF CONTENT
Introduction
Types and purpose of organization with legal structures
Size and scope of various kinds of organizations
Conclusion
References
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INTRODUCTION
Business environment can involve several factors which
impacts on working conditions of an organization.
It has two sections such as internal and external having their
different elements that affects operational activities of an
enterprise.
These are customers, competitors, suppliers, owners,
technology, market, social and economic trends
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Types and purpose of organization with
legal structures
Public sector organization:- This is such which is somewhere
controlled by the government as well and with authorized
bodies as well.
Public sector organization is having wide impact on the growth
of economy which includes the standard of living by providing
them the job opportunity.
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Legal structure of public sector: - Moreover the government
operate with department of business, innovation and skills on
design issues and having relation with computer games as well
publishing industries.
Central government
Local government
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Private sector: This sector which involves various business
entities which look forward to acquire more and more
profitability and their aims which is too high cutting the edge
of competitors.
Legal structure:-
Sole traders
Partnership
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Voluntary organization: It is such which emphasis by the
region in better manner, its role to ensure the preservation of
historically significant items as well to conserve the areas of
natural beauty. These organizations are non-profit organization.
Legal structure: Unincorporated associations, it is when the
group of people which come together with a common interest
or purpose and undertake the benefit of the public.
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Legal structure:
Incorporated
organization
Charitable
companies
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Size and scope of various kinds of
organizations
Public sector organization: They are those which also uphold
the different public interest and also managed by the
government with an aims of social growth and advancement.
Public enterprises are owned and managed by the central or
state government with local authority.
Capital of public sector which is generated with the owners as
well as with credit.
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Public sector:- The mission of the DCMS which needs to give
Britain with a unique advantage on global stage with the
striving for economic growth and success.
They are those people who invest in their money in a venture.
Public sector organization, government plays an important
roles and which has bodies and run by public funds.
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Private sector organization: In UK, it is quite
established with the vast amount of private sector
organization that is liable for providing job opportunity to
people; which result into enhancement of per capita
income that improve the living standard of people.
Vision statement of company is such which become
largest seller of food across the globe.
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Voluntary organization: This sector is totally differ the public
and private sector, but in UK several charitable association which
is integrated with government and thus they will provide the
findings with other facilities.
Mission and vision: The main purpose of trust which look after
the special places with forever for everyone in better manner.
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Conclusion
Business environment can involve several factors which
impacts on working conditions of an organization.
There are various kinds of functions which are carrying out by
each and very organizations to complete their desired targets or
objectives.
SWOT analysis is to make accurate mission and vision of
organization for better future productivity.
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References
Agarwal, R., Grassl, W. and Pahl, J., 2012. Meta-SWOT:
introducing a new strategic planning tool. Journal of Business
Strategy. 33(2). pp.12-21.
Aterido, R., Hallward-Driemeier, M. and Pagés, C., 2011. Big
constraints to small firms’ growth? Business environment and
employment growth across firms. Economic Development and
Cultural Change. 59(3). pp.609-647.
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THANK YOU
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