Business Environment Analysis and Stakeholder Report

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Added on  2023/02/07

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This report provides an analysis of the business environment, focusing on the different types of organizations and their purposes. It examines private, public, and voluntary organizations, highlighting their structures and objectives. The report also includes a stakeholder analysis, explaining the power dynamics and interests of various groups. The document explores the impact of both internal and external factors on business performance and profitability. The report concludes by emphasizing the importance of understanding the business environment for effective decision-making and strategic planning. References from academic sources are included to support the analysis.
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BUSINESS ENVIRONMENT
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INTRODUCTION
Business environment plays an important role in conducting
overall processing of business.
Further, there are different function and role performed by
management under which they have to consider all the
changes coming in dynamic environment in relation to
choice, preferences and taste of customers.
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DIFFERENT TYPES AND PURPOSE OF
ORGANIZATION
Generally, the legal structure and purpose of firm are
described below: -
Private firm:-
Public company
Voluntary organisation:-
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PRIVATE FIRM
These firm generally owned and controlled by private
individuals only who make their own policies, rules
regulations and objectives on the basis of which other
activities has been carried out.
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LEGAL STRUCTURE OF PRIVATE ENTERPRISE
Partnership
Sole proprietorship
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PUBLIC COMPANY
Legal structure of public company
Central government:
Stare government:
Local government:
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VOLUNTARY ORGANISATION
These type of organisation carry out their working
operations only for the purpose of welfare of society and
various decisions has been taken out in order to provide
goods services to large audiences at affordable prices
which help in enhancing their living standard.
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SCOPE AND SIZE OF DIFFERENT
ORGANISATIONS
Every organisation work in corporate world fixed their size,
scope and structure in order to running their operations in
proper and smooth manner.
Further three type of organisation I.e. Nestle, NHS and Oxfam
has been taken that describe the overall purpose and presence of
organisation along with its purpose and objectives.
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STAKEHOLDER ANALYSIS
High power: Fascinated people
People with low power: - less fascinated
High power: - people which are less fascinated
Low power: - Fascinated people
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CONCLUSION
From the above mentioned report, it can be summarised that business
environment is divided into two parts such as internal and external.
Both factors are highly effects on business performance and
profitability either negative or positive.
There are different kind of organisation such as private, public and
voluntary.
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REFERENCES
Aula, P., 2010. Social media, reputation risk and ambient
publicity management. Strategy & Leadership, 38(6), pp.43-49.
Babatunde, B.O. and Adebisi, A.O., 2012. Strategic
Environmental Scanning and Organization Performance in a
Competitive Business Environment. Economic Insights-Trends
& Challenges, 64(1).
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