HND Business Environment Report: Organisation Types and Purpose

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Added on  2023/03/21

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This report provides an overview of the business environment, focusing on the different types, sizes, and scopes of organizations. It explores the public, private, and voluntary sectors, examining their purposes, legal structures, and key characteristics. The report includes an introduction, a discussion on the various types of organizations, their specific purposes, and how they operate within the broader business environment. It also addresses the size and scope of various business organizations, highlighting their stakeholders and operational dynamics. The report concludes with a summary of the key points and includes a list of references used in its preparation. The report is structured to provide a comprehensive understanding of business environments and is suitable for HND Business students.
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Business
Environment
P1 AND P2
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Table of Content
Introduction
Various types of organisation with their purpose
Size and scope of range of various business organisations
Conclusion
References
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Introduction
Every business organisation have to operate in environment
which is dynamic in nature and keeps on changing with
time. Hence, it become necessary to examine various
factors that affect the functioning of company in various
ways.
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Size and scope of range of various
business organisations
Every business is differ from each other as per the size,
scope, stakeholders etc. There is a need to assess them
properly so that better and effective working could be done
in a beneficial manner.
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Public sector
Public sector Sole trader Vision and mission
Private companies are
established for gaining
more or more revenue by
satisfying consumer
needs. Along with this,
they are also trying to
create a long term
relations with customers
in order to continue
business for longer time
frame.
This association is run by
single entrepreneur which
means owner is
responsible for assets or
liability.
The vision statement
of burger Farm is to
top most leading
company dealing in
this sector and
mission message
underlines
satisfaction of
customer';s needs and
wants to provide
them good quality
products to eat.
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Private sector
Types Various aspect Mission and
Vision
Mainly these
organization are
regulated or handled
by legal bodies due
to which their size
are much larger
then other
association because
their motive is to
facilitate society by
offering necessary
services.
Government:- Funds are
acquired by governing
bodies if there is lack of
capital as well as defend
consumers during
exploitative activities.
Society:- It refers to
people living together in
society who are
dependent with each
other for number of
functions.
The main mission of
Barclays is to
provide financial
services to their
clients which are
spread over different
part of nation.
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Voluntary sector
This type of
institution is focused
on performing
welfare activities
hence it include
NGOs that work on
concept of no profit
no loss.
They regularly
make efforts to
develop society so
that they can able
to work
accurately.
Control so many issues
and impacts that get
arise in number of
situations.
The main mission of
company institution is to
address major problem and
adversity that is happening
in society so that
sustainable development
can be done.
Types Objective Mission and Vision
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Various types of organisation with their
purpose
Corporate world is having their own scope, size and reason behind
establishing an associations such as ; few are profit oriented,
consumers oriented and some are society development.
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Public sector
According to this term it has been assessed that it is also known
as state sector because main reason behind establishing
public companies is to facilitate entire society with necessary
facilities
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Private sector
Entrepreneur whose main reason behind establishing a business
entity is to gain maximum benefit by satisfying needs or
desires of maximum clients.
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Voluntary Sector
As per this element it has been assessed that instead of private
or public there is also another institutions that are established
for betterment of society or needy people.
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Conclusion
Business environment is the sum of all factors that are
present inside and outside of organisation. These
have to be examine properly so that work process can
be conducted effectively and efficiently
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