Regent College: Business and Business Environment Task 1 Report

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Added on  2023/03/30

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This report provides an overview of the business environment, focusing on different types of organizations and their characteristics. It begins with an introduction to the concept of business and provides a case study of Unilever, highlighting its role in providing goods and services. The report then categorizes organizations into public, private, and voluntary sectors, explaining their distinct purposes and structures. Public organizations are government-run entities providing services to the public, while private organizations are owned by private individuals. Voluntary organizations are non-profit entities providing social services. The report further examines the size and scope of these different types of organizations, providing examples like Mark and Spencer, ALDI, and St. Andrew's. It discusses their missions, visions, and operational scales, analyzing their impact on the market and their approaches to achieving success. The conclusion summarizes the importance of understanding these organizational types and their roles in the broader business landscape. References are included for further reading.
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Business and
Business Environment
TASK 1 (P1 & P2)
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Cover Content
Introduction
Different types and purposes of organisation
Size and scope of different types of organisation
Conclusion
References
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Introduction
Business is a organization, a firm which is involved in a activity
of producing and supplying of goods and services to the customers. It can
be of various kinds such as they can work in profitable or non-profitable
conditions.
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Overview of Unilever
Unilever is company which provides various kinds of
goods to the customer, they produces food, cleaning
agents, beverages, personal care items. They provide
their products and services around vast areas. Main
role of this business is to fulfil basic needs and
requirements of customers.
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Different sorts and reason for association
Association can be demolished in various ways,
different individuals claim various types of business as per their
decision and salary. They have diverse perspectives, a few begins
revenue driven procuring and some to simply survive and the
other for non benefit. There are some various types of business
which are taken after beneath:
Public organization
Privately owned business
Voluntary organization
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Continued
Public organization- It is run and claimed by government to the
general population, this significantly settled to cause and give
offices to individuals. Government gather charges from
individuals and than some of that assessments are utilized to
develop open organizations.
For instance Mark and Spencer is multinational retailer, it is an
open claimed organization they are primarily they gives dress,
home items, extravagance sustenance items. Primary intend to
Mark and Spencer is to give better quality materials to all ages
individuals as per their decisions, and benefit new kind items and
better extravagance nourishments to a wide range of clients.
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Continued
Privately owned business- This part is claimed and keep
running by some private people, this organizations are not
possessed by open organization.
ALDI is a private Ltd. organization which deals in providing
various brand products at their stores at reasonable prices. They
offers discount on the MRP of branded product through which
they can attract large number of customers.
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Continued
Voluntary- This deals with non beneficial premise and they don't
work to procure cash it is a sort of social administrations to
individuals, this is done to help individuals and give them
administrations to their improvement. It doesn't possessed by a
person there are quantities of individuals who are working behind
this business.
For instance St. Andrew's well-being is a deliberate association,
they give assistance to individuals which have sickness, for
example, mind damage, incapacity, mental issues, and so on.
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Size and extent of various sorts of
association
All association have distinctive size and degree and they need to
keep up that to make progress in advertise, all business are not
same they all have contrasts and as in view of these distinctions
they need to work for it in different ways. There various types of
business, for example,
Public
Private
Voluntary
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Continued
Public organization- It is claimed and keep running by
government, this is predominantly works for public they deliver
items and administrations which will be helpful for public.
Size- In Mark and Spencer there are approx 82,904
representatives working and they gain approx 404.4 million.
What's more, they have distinctive stores over better places.
Scope- They need to give best administrations to open so they
can get profits by the plans and things which they gives to them.
Mission: To provide products at reasonable cost to customers.
Vision: To motivate private company to focus on quality of
product rather than generating profit.
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Continued
Privately owned business- It is an organization which is claimed by
some individual people and they need to run it by there possess they
are not associated with any administration experts, every one of the
benefits and misfortune which they gets yearly in their association,
whatever it comes benefit or misfortune that is there duty.
Size- ALDI has over 18000 stores in 18 countries and has more than
$50 billion as revenue. The supermarket attains over 104,400
employees in Aldi Sud, 2015.
Scope- They need to give all the more attire and assistants to all the
distinctive age bunches individuals with the goal that they can have the
capacity to get accomplishment in showcase and draw in more
individuals to make progress.
Mission: It main objective is to generate huge revenue through selling
their products.
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