Business Environment Report: Types of Organizations and their Scope

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Added on  2023/03/16

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This report, titled "Business Environment Report," provides an analysis of different types of organizations, including public, private, and voluntary sectors. The report begins with an introduction to the dynamic nature of the business environment, distinguishing between micro and macro factors. It then delves into the characteristics of each sector, providing examples such as the Child Support Agency (public), Habitat (private), and the Wellcome Trust (voluntary). The report outlines the missions and scopes of these organizations, discussing their objectives and operational structures. The public sector is exemplified by the Child Support Agency, highlighting its mission to provide support to the government. The private sector, represented by Habitat, focuses on providing quality goods and services. The voluntary sector, with the Wellcome Trust as an example, concentrates on biomedical research and social welfare. The report concludes by emphasizing the importance of adapting to the changing business environment and the impact it has on organizational policies and procedures. The report also includes a list of references to support the analysis.
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Task 1
Business and business
environment
(TASK 1)
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Table of content
Introduction
Different types and purposes of organisations
Size and Scope of different business organisations
Conclusion
References
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Introduction
Business environment is dynamic in nature and when it change
gives direct impact on working of companies.
The same is of two type’s micro (internal factors) and macro
(external factors): micro consider all such things which are going
on at small level like suppliers, customers, competitors and
several others.
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Different types and purposes of organisations
Public sector - These are such
companies which is controlled
and managed by government
of particular nation. Best
illustration of Public sector
organisation is child support
agency which is introduced in
1993 on 5th April.
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Private sectors: Businesses come under private sector have their
own separate legal entity and these are mainly run by owner
of the company but in some situation it business can be started
in partnership also.
For example - Habitat retail Ltd. Which is a retail sector
company introduced in 1964 on 11th May and founder of the
same is Terence Conran and Philip Pollok.
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Voluntary Sector: These are also non profit organisation running
for social welfare and society.
Apart from this it is distinct from public and private sector
companies Wellcome Trust is the voluntary organisation of United
Kingdom introduced in 1936 by Sir Henry Wellcome they mainly
focus on Biomedical Research there are 2,057.
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Size, scope and range of organisation
Public Sector Company and its overview- Child Support Agency
is private sector Company which is formed with the motive to provide
support to the Act which is established in 1991 for care and safety of
children.
Mission- employs most excellent people and resources through which
support to government is simple and brings new idea, cost effective.
Thus, there will be appropriate outcomes and provide healthier
services to children and families to which they are joined.
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Private sector company- Habitat is a limited firm which comes under
private sector introduced in 1964 on 11th May. Respective business
parent organisation is Sainsburys Argos and website is
http://www.habitat.co.uk/.
Mission- To grant superior quality of goods and services at
worldwide level. Products must be satisfy the person they are
offering in effectual manner main is grabbing entire
customers of retail sector and switch them into loyal
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Voluntary sector- This include organisation which is
working for social and society welfare with no motive of profit
maximisation because they are non profit companies. Welcome
Trust is doing biomedical research in United Kingdom just
about there are 2,057 employees working.
Mission- To do work in such a way that no other is doing
and bring sharp mind person or innovative in the area of
biomedical research and medical humanities.
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Conclusion
As per the above discussion it has been concluded that business
environment is dynamic and it modify because of several things.
Along with this it gives wide impact on policies and procedure
of association as well this also needs alteration in their present
working for present and future growth or development.
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References
Lee, S. M., Olson, D. L. and Trimi, S., 2012. Co-innovation:
convergenomics, collaboration, and co-creation for organizational
values. Management Decision, 50(5), pp.817-831.
Rossi, M., Vrontis, D. and Thrassou, A., 2012. Wine business in a
changing competitive environment–strategic and financial choices of
Campania wine firms. International Journal of Business and
Globalisation, 8(1), pp.112-130.
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THANK YOU
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