Business Environment Report: Analysing Business Types, Scope, and Size

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Added on  2023/03/20

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This report provides an overview of the business environment, focusing on different types of organizations, their purposes, and their scopes. The report categorizes organizations into various types, including NGOs, NPOs, public sector, private sector, and voluntary sector, detailing their specific characteristics and objectives. It further analyzes the size and scope of these organizations, differentiating between micro, small, medium, and large scales, and discussing their respective operational activities and market impacts. The analysis includes references to academic sources, providing a comprehensive understanding of the business landscape and the diverse structures within it. The report emphasizes the importance of understanding these aspects for effective business operations and economic development, highlighting the role of each type of organization in contributing to societal and economic welfare.
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Business and Business
Environment
P1 & P2
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Covered Content
Introduction
Different types and purposes of organisation
Size and scope of various types of organisation
References
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Introduction
Business compose and involve various kinds of activities
and functions which have to perform in better and
appropriate manner.
Environment of a business association is not stable in
nature and get fluctuate with every due course of time.
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Different types and purposes of organisations
Basis of
Comparison
NGO NPO For Profit
Meaning This type of companies
are basically aid to bring
positivity between
individuals; therefore,
their living standard will
be maintained. These
kind of affiliation will
be structured by any
independent person.
Many sort of problems
will be face by persons
which need to get
diminished. For this,
products and services
need to be provided by
firm and generated
profits never being
shared amongst
members.
These form of
organisation has to offer
goods and services to
people; hence, they will
be able to gain maximum
revenues and market
share.
Area of
Operations
Big Limited Will be limited as well as
big
Objectives Basic target is to
provide welfare to
society; thus, economy
will get developed.
This kind of segment
is developed with the
aim of promoting
science, art as well as
commerce.
Generate maximum
revenues by providing
innovative product and
services to customers.
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Continued...
Public Sector: As indicated by this, organisational
framework is developed by regulatory body. Their members
share profits with each others as well.
Purpose: It will assist to cater enhancement to economy of
nation as their fundamental target is to render maximum
welfare to society.
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Continued...
Private Sector: According to this, numerous sorts of
arrangements need to be done by organisation by following
proper guidelines.
Purpose: It is needed for firm to analyse requirements and
wants of people so that they will produce items accordingly.
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Continued...
Voluntary Sector: This type of affiliation formed with the
aim of providing welfare to society so that they will be able
to cater development to the economy. In relation to Oxfam,
they are operating firm to render benefits to people.
Purpose Fundamental target of this type of association is improve
living standard of society so that they will be able to
maintain economy of nation.
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Size and Scope of various types of organisations
Each company has to done their operational activities as per
their size as well as scope. This will comprise small, micro,
medium and in addition large. Therefore, this will be
understand by the following description:
Micro Scale
Medium Scale Large Scale
Small Scale
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Continued...
Micro Small Medium Large
Fundamental target
is to generate profits
so that individual
will acquire
financial stability
and improve living
standard as well.
According to this,
main aim of
organisation is to
provide items and
services to people as
per their wish.
Along with, by
acquiring
opportunities they
will improve market
share.
This sort of
organisations want
to enlarge their
business activities at
global level with the
aim of increment of
customer base.
These type of firm
aids to cater
development and
enhancement to
economy; therefore,
they will bring
sustainability at
marketplace.
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Continued...
Scope of Different types of Organisations:
Micro scale
Small scale
Medium scale
Large scale
Transactional scale
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References
Huang-Horowitz, N. C., 2015. Public relations in the
small business environment: Creating identity and
building reputation. Public Relations Review. 41(3).
pp.345-353.
Khan, E. A. and Quaddus, M., 2015. Examining the
influence of business environment on socio-economic
performance of informal microenterprises: content
analysis and partial least square approach.
International Journal of Sociology and Social
Policy. 35(3/4). pp.273-288.
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Thank You!!
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