Comprehensive Report: Business Environment, Organizations, and Scope

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Added on  2023/02/09

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This report provides an overview of the business environment, focusing on the different types and purposes of organizations. It categorizes organizations into public, private, and voluntary sectors, detailing their characteristics, structures, and objectives. The report explores the scope and size of each type of organization, highlighting their roles and responsibilities within the market. The analysis includes examples such as partnerships, cooperatives, and public corporations, along with discussions on their operational models and financial aspects. The conclusion emphasizes the importance of understanding both internal and external factors affecting business operations and consumer decisions. The report is well-structured, providing a clear understanding of the business landscape and the diverse organizational forms within it, which is essential for effective business management and decision-making. References are provided to support the information presented.
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Business environment
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Table of Content
Introduction
Different types and purposes of Organisations
Size and scope of different types of organisations
Conclusion
References
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Introduction
Business environment is a combination of different internal
and external elements which impact on actions as well as
decisions which are taken through an entity. Change in
clients, technology, market trends, suppliers, government
and some of the legal systems are come in this.
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Different types and purposes of
Organisations
PUBLIC SECTOR ORGANISATION
This type of business is mainly regulated and owned by
government. It involve both kinds of regulatory bodies
like as local, national and agencies also. In this sector, it
is wide in nature as well as if they have to raise finance
for their enterprise then they can utilise methodologies.
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State government: Mainly,
they share power with
national government,
which are political
within nature.
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Public corporations
An company whose shares are traded within stock exchange
as well as kept by various peoples is called as public
corporations.
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PRIVATE SECTOR ORGANISATION
Organisation operate private sector are mainly held as it is controlled and
managed by an specific person or any type of private company.
Main aim of this kind of organisation is to gain higher profits.
Some of several examples of this sector are given below:
Partnership
Franchises
Sole traders and many more
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Partnership: In this, there are more than two peoples who
began enterprise by their mutual understanding. They all
divide losses as well as profits equally or as per decided
ratio. They prepare a partnership deed, it will be very
useful for them as it will assist at a time of conflicts take
place within persons.
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Cooperatives: this type of
organisation is mainly
controlled or owned by
particular for their
benefits.
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VOLUNTARY SECTOR
This kind of organisation are not regulated or controlled by
the government. It is run by a individual person. It is
called as non -for-profit company. Important reason
behind their formation is to give advantages to society by
giving efforts for society welfare. With this, people never
distribute their revenue within their members.
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Size and scope of different types of
organisations
Different type business are run in United kingdom like
public, private, voluntary. Each one organisation has their
role and responsibilities related to their field. Through
this, firm are able to achieve higher market position.
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Scope and size : Scope of sole proprietorship is very
constricted and firm sever their product and services to
limited number of clients. Size of this kind of firm has
very small and approx 10 to 20 person are working here.
For example, grocery shop, cafeteria and beauty saloon
etc.
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