This report provides a detailed analysis of business in practice, focusing on different types of companies, from micro-businesses to large corporations, and their operational structures. It explores the characteristics of sole traders, partnerships, limited liability businesses, public limited companies, and cooperatives. The report also examines organizational structures such as matrix, flat/horizontal, and network structures, assessing their impact on business productivity. Furthermore, it applies the PESTLE analysis to evaluate the influence of political, economic, social, technological, legal, and environmental factors on business performance. The analysis highlights the importance of adapting to external factors and choosing appropriate organizational structures for optimal business outcomes.
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