Analysis of Business and Business Environment: Types, Purpose, Scope

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This report provides an overview of the business environment, focusing on the types, purposes, and scopes of different business organizations. It differentiates between public, private, and voluntary sectors, providing examples of each. The report discusses the mission and vision statements of example organizations like the Department of Cultural, Media & Sport, Arcadia Group Ltd., and the National Trust, highlighting their roles and objectives within the UK business landscape. The conclusion emphasizes the crucial role of the business environment in the success of organizations. The report is based on research papers and provides valuable insights into business organization structures and their operational contexts. The report aims to help students understand the dynamics of business organizations and their surrounding environments.
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Business and business Environment
(TASK 1)
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TABLE OF CONTENT
Introduction
Define various types and purpose of business organisation
Size and scope of a range of different organisations
Conclusion
References
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INTRODUCTION
Any business small or large cannot run in a vacuum, it obliges
certain resources, i.e. capital, assets, human beings and further
things in order to function appropriately.
Apart from this, the assignment will describe various types,
purpose, size and scope of business organisations.
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TYPES AND PURPOSE OF BUSINESS
ORGANISATION
Public sector organisation
Private sector organisation
Voluntary sector organisation
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CONTINUE…
Public sector organisation – It is termed as those business units
which are in under controlled of government as well as its
authorised bodies.
For example - The Department of Cultural, media & Sport is one
of the most government undertaking that is liable to manage
cultural and sports activities in United Kingdom
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CONTINUE…
Private sector – The sector involves those business entities who
always seek to acquire more and more profitability and their aim is
to get high cutting edge
For example – Arcadia group Ltd., is one of the growing clothing
and fashion retailer firm of UK. To continue its business activities
and practices, the company focus to expand its business in online
market online shopping so as to move away from high street
locations.
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CONTINUE…
Voluntary sector organisation – These sectors are established with
an aim of social welfare and upliftment of society.
In UK, the national trust works is one of a voluntary sector that
preserve cultural heritage of a nation which have a specific
geographic region.
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SIZE AND SCOPE OF A RANGE OF
DIFFERENT ORGANISATIONS
Public sector organisation - It is known as those entities which upholds
the public interest and managed by government with an aim of social
growth and advancement.
For example- Department of cultural, media and sport for leisure, tourism
and creative industries, so as to sustain excellence and promoting UK.
Mission and vision statement – The mission statement of the DCMS is to
give the Britain an unique advantage on global stage by striving for
economic growth and success
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CONTINUE
Private sector organisation - In UK, there is established vast amount of
private sector organisations who are liable for providing job opportunities
to people
For example – Arcadia group Ltd., deals in products and services of
several brands in order to attain gain high market popularity and growth.
Mission and vision statement – The mission statement of Arcaida group
Ltd., is to contribute towards sustainable development of society in order
to attain and retain maximum range of buyers.
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CONTINUE
Voluntary sector organisation – The sector is totally differ from
public and private sector, but in UK several charitable associations
are integrated with governments as it will support in terms of
providing findings and other facilities.
Mission and vision statement – The main purpose of National trust
is to look after special places forever for everyone. It was regulated
in order to promote and look after places of historic beauty across
the world.
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CONCLUSION
From the above mentioned report it get analysed that business
environment plays a crucial role in growth and success of every
business organisation.
Along with this, the report has stated different types of business
organisations, such as- public, private and voluntary sector, in
which public sector is governed by government whereas private
companies are run by individuals or a group of people.
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REFERENCES
Agarwal, R., Grassl, W. and Pahl, J., 2012. Meta-SWOT: introducing a new
strategic planning tool. Journal of Business Strategy. 33(2). pp.12-21.
Aterido, R., Hallward-Driemeier, M. and Pagés, C., 2011. Big constraints to
small firms’ growth? Business environment and employment growth across
firms. Economic Development and Cultural Change. 59(3). pp.609-647.
Auzair, S., 2011. The effect of business strategy and external environment on
management control systems: a study of Malaysian hotels. International
Journal of Business and Social Science. 2(13).
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