Business Environment Assignment: Exploring Types, Purposes, and Scope

This assignment delves into the business environment, providing a comprehensive overview of different types of organizations. It begins with an introduction defining the business environment and its importance for strategic planning. The assignment then differentiates between various organizational types, including NGOs, NPOs, for-profit, public sector, private sector, and voluntary sectors, outlining their respective purposes and operational focuses. Furthermore, it analyzes the size and scope of organizations, categorizing them into micro, small, medium, and large scales, and discussing their characteristics, aims, and market strategies. The content is supported by references to academic sources that provide a foundation for understanding these concepts. The assignment aims to provide a clear understanding of the business environment and the characteristics of different organizational structures.

Business Environment
TASK 1

Covered Content
• Introduction
• Different types and purpose of organizations
• Size and scope of various types of organizations
• References

Introduction
• Business environment define as such place where differ
number of firms are operating their work.
• It is really important for managers to understand about
situation of various kind of area so that appropriate and
suitable strategies could be crafted by underlying them.

Difference types and purposes of organizations
Basis of
Compari
son
NGO NPO For Profit
Meaning This can be termed as
Non government
organisation and their
aim is to do societal
welfare. This sort of
affiliation will be set up
by an independent
individual.
They sell products and
services to people
which aid into their
improvement. It has
been analysed that,
they never share
revenues amongst their
partners.
This kind of
organisation is set by
people so that they
will earn profits and
for this, they have to
sell items as well as
services to persons at
market.
Area of
Operation
s
Big Restricted It can be either large
or restricted as well.
Objective
s
Their fundamental
target is to improve
society by improvement
of economical condition.
This form of firm set up
for promotion of
science, art and
science.
Gain revenues
through capturing
attention of many
individuals.

Continued...
Public sector: As indicated by this, organisational
framework will be developed by regulatory bodies.
• Purpose: Foremost aim of this type of segment is to
improve the economy of nation by providing welfare to
society.

Continued...
Private sector: People who are operating this kind of
business need to follow proper guidelines and along with
structure so that they will do business in an ethical manner.
• Purpose: Main priority of affiliation is to produce
qualitative items for people and sell it at affordable prices.

Continued...
Voluntary sector: This type of firms are established with
aim of providing welfare to society and give them effective
benefits.
• Purpose: They want to increase living standard of people
by accomplishing their requirements and in addition
desires.

Size and scope of various kinds of organization
This will be comprehend by the following discussion:
• Micro Scale
• Small Scale
• Medium Scale
• Large Scale

Continued...
Micro Small Medium Large
There main aim for
doing business is
to maintain their
living standard and
get security in
terms of finance.
In this type of
segment, their
main concentration
on maintaining an
appropriate
lifestyle so that
they will grab
opportunities which
aid them to
increase profits.
Company who
include into this,
concentrate on
enlargement of
business activity
so that they will
expand their
business at
international level.
They provide
products and
services to
consumers as per
their needs and
wants so that they
will maintain
sustainability at
marketplace. As a
result, they will
increase customer
base effectually.

Continued...
Micro scale: As this type of company is limited in nature so they are not
having much scope. But they will enlarge their business
through open new outlet in new place or same state as well.
Small scale: They will use many kinds of techniques into their business
so that they will fulfil desires of people effectively. Along
with, they are having wide scope in market.
Medium scale: This sort of enterprise will expand their operational activities
at international market. Some companies need to take license
from regulatory body also.
Large scale: They have to apply laws and legislations into their business
so that they will do business in an ethical way. As they are
working as a big scale so it is fundamental for them to
accomplish CSR activities and reduce wastage.

References
• Georgescu, M. and Popescul, D., 2015. Social
Media–the new paradigm of collaboration and
communication for business environment. Procedia
Economics and Finance. 20. pp.277-282.
• Huang-Horowitz, N. C., 2015. Public relations in the
small business environment: Creating identity and
building reputation. Public Relations Review. 41(3).
pp.345-353.

Thank You!!