Business Environment and Types of Businesses - Module Report

This report delves into the business environment, examining its influence on business operations. It categorizes businesses based on their sector, including public, private, and third sector entities, and geographical scope, such as local, national, and global businesses. The report also analyzes different market structures like pure competition, monopolistic competition, oligopoly, and pure monopoly. Furthermore, it explores the e-commerce landscape by classifying various marketplace types, including independent, buyer-oriented, supplier-oriented, and vertical/horizontal marketplaces. The report highlights Gordon Street Coffee as a local business example and concludes with references to relevant literature on business environments and related topics.

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INTRODUCTION
Business environment refers to the surrounding of the organization
which is both internal and external that influences the operations of
the firms to an extent the firm.
of the firm.
Local business
Organizations commencing business activities in a specific geographic
region is considered as local business enterprise.
National businesses
Organizations operating in the different parts of the country is known
as national business organizations.
Global business
Business organization operating in the international markets by
providing the goods and services produced in the domestic region is
known as global business enterprise.
Types of e-commerce marketplace
• Independent e marketplace
• Buyer oriented e-marketplace
• Supplier oriented e-marketplace
• Vertical and horizontal e-marketplace
Public sector
Business enterprise that is monitored and controlled by the
governmental bodies is known as public sector.
Private sector
Specific part of the economy that is governed by individual owners or
companies which obtains profits from it.
Third sector
The term third sector is used for the firms which operates for the
societal or environmental; benefit.
Types of market structure
• Pure competition
• Monopolistic competition
• Oligopoly
• Pure monopoly
CONCLUSION
Presentation has concluded the classification of business organization
in accordance with their size. The classification has shown Gordon
street coffee as the local business that operates in the limited area
and targets lower customer base.
Mohamed, E.K. and Lashine, S.H., 2003. Accounting knowledge and skills and the challenges of a global business environment. Managerial finance.
Kennerley, M. and Neely, A., 2003. Measuring performance in a changing business environment. International journal of operations & production management.
Montazemi, A.R., 1988. Factors affecting information satisfaction in the context of the small business environment. MIS quarterly, pp.239-256.
Wong, K.Y. and Aspinwall, E., 2004. Characterizing knowledge management in the small business environment. Journal of Knowledge management.
Morrison, J., 2011. Global Business Environment. Palgrave Macmillan
References list