Business Environment Task - 1: Introduction to Organizations

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Added on  2023/03/16

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This report provides an introduction to the business environment, focusing on different types of organizations, their legal structures, and their purposes. It explores the key concepts and factors that influence the business environment, including supply and demand, customer management, and business regulations. The report covers various types of organizations, such as private, public, and voluntary organizations, and examines their objectives, aims, and legal structures. Additionally, it discusses the size and scope of different businesses, emphasizing the importance of organizational functions and activities in achieving predetermined goals. The report uses examples like Nestle, NHS, and Oxfam to illustrate the diversity in business types, sizes, and scopes. References are included to support the analysis and provide additional resources for further study. This assignment provides valuable insights into understanding the business environment and the various organizational structures within it.
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Business Environment
Task - 1
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Cover Content
Introduction
Types and Purpose of private, public and voluntary
organization and their legal structure
Size and scope of different organizations
References
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Introduction
Business environment can be defined various internal and
external factors that can affects on the organisational
functions, activities as well as operations in which
includes supply and demands, customers management,
business rules or regulation, employees etc. Business
environment generally connote with several forces which
are beyond the control of management. There is requires
to formulate better strategies and action plan for
surviving in competitive advantages.
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Different types of organization and
their purpose
In this defined that there are number of organisation which
have different objectives, aims, and legal structure. These
are depend on the nature of business as how it perform its
task and run its operations for achieving particular goals
or objectives in an effective manner. There must be
required to follow several legal structure and focus on
performing entire activities so that company can run and
attain predetermined objectives or targets. In this describe
various organisation with different categories such as
public, private and voluntary.
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Size and scope of various
enterprises
There are several kinds of businesses which have different
types, purposes and legal structure as per the nature of
firm. In this defined various size or scope of the business
firm that describe about organisational functions or
activities to achieve predetermined goals. It also define
some important activities that are performed by the
every organisation such as producing, designing,
creating any goods or services to satisfy customers
needs or wants. As per above information, it can found
that Nestle, NHS and Oxfam is dealing in different types
of businesses so they have various size and scope.
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References
Reed, O. L. and et. al., 2013. The legal and regulatory environment
of business (p. 328). McGraw-Hill/Irwin.
Reinhardt, F. L. and Stavins, R. N., 2010. Corporate social
responsibility, business strategy, and the environment. Oxford
Review of Economic Policy. 26(2). pp.164-181.
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