HND Business Environment - Types, Size, Scope Analysis Report

This report provides an overview of the business environment, focusing on different types of organizations, their purposes, and legal structures. It explores public, private, and voluntary sectors, detailing their characteristics and operational frameworks. The report further examines the size and scope of various organizations, using examples like London Transport and Iceland to illustrate their market presence and operational strategies. Additionally, it covers stakeholder analysis, emphasizing the importance of investor relations for organizational success. The report is based on an HND Business assignment and includes references to support the analysis. The report covers LO1 and the associated assessment criteria P1 and P2, as outlined in the assignment brief.

BUSINESS
ENVIRONMENT
LO 1

Covered Content
• Introduction
• Different types and purpose of organisation and their
legal structure.
• Size and scope of different types of organisation.
• References

Introduction
Business environment is a place in which an enterprise
execute its various operations or it is a mix of all internal
or external factors under which firm operates its
commercial activities. Various factors or elements sexist in
the business environment largely affect the operation of an
organisation in both positive or negative way.

Different types and purpose of organisation and
their legal structure.
There are various forms of enterprises such as public,
private as well as voluntary sectors.
• Public sector organisation
• Private sector organisation
• Voluntary sectors

Continued...
Public Sector Organisation:
This kind of association is
basically owned and regulated by
ministry bodies. It will comprises
two sorts of government, like
national as well as local and along
with their agencies.

Continued...
Legal Structure:
There are two forms of public sector which are as follows:
 General government
 Public corporation

Continued...
Private Sector Organisation: As indicate by this, ventures
which are held, overseen and additionally controlled by
private foundation or a person. Their fundamental reason for
existing is to gain incomes just and increment their market
share.

Continued...
Legal structure
• Sole trader
• Partnership
• Limited companies
• Cooperatives

Continued...
Voluntary association: This form of company is not held
by only a single man. It is generally called not – for – profit
association. They moulded to give points of interest to
society and in addition never divide their earnings to their
people.

Size and scope of different types of organisation.
Public Sector organisation: London transport is an
authoritative body who is responsible for development
structure in London. Vision of London conveyance is to
business with different industry accessory and stakeholders,
thus they can pass on shielded, secure as well as trustworthy
development structure.

Continued...
Private sector organisation: Iceland is a grocery store which
is set up in UK, they bargain distinctive sorts of things, for
instance, vegetables, meat, dry things and moreover meat.
They have around 2% share of United Kingdom sustenance
market.

Continued...
Private sector organisation: Iceland is a grocery store which
is set up in UK, they bargain distinctive sorts of things, for
instance, vegetables, meat, dry things and moreover meat.
They have around 2% share of United Kingdom sustenance
market.

Continued...
Voluntary sector: NGO's are non advantage endeavours
which are supported through blessings or budgetary
assistance. In around the globe, there are very nearly 3.5
million NGO. Along with this, they never share their
advantages amongst their members.

Continued...
Stakeholder analysis: If any affiliation needs bolster from
different people then it is vital for them to make investor
organization in their association since it helps them to
ensure accomplishment of wander.

References
 Ahmed, I., Aamir, M. and Ijaz, H. A., 2011. External factors and
entrepreneurial career intentions; moderating role of personality traits.
International Journal of Academic Research. 3(5).
 Barnett, M. L. and Salomon, R. M., 2012. Does it pay to be really good?
Addressing the shape of the relationship between social and financial
performance. Strategic Management Journal. 33(11). pp.1304-1320.

Thank You