HND Business: An Analysis of Business Types, Size and Scope Report

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This report provides an overview of business organizations, focusing on their types, size, and scope within a competitive business environment. It examines public, private, and voluntary sectors, using examples like McDonald's, Virgin Group, and Diabetes UK to illustrate their objectives and stakeholders. The analysis covers the size and scope of these organizations, their stakeholders, and their vision and mission. The report concludes with references to relevant academic sources, offering a comprehensive understanding of different business organizations and their impact on the economy and society. Desklib provides a platform to access this assignment and other study resources.
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BUSINESS AND
BUSINESS
ENVIRONMENT
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Content
Introduction
Types and purpose of business organisation
Size and scope of business organisations
References
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INTRODUCTION
Business environment is an intermixture of internal and
external factors which are having a great infusion on
market image as well as productivity of company in
competitive market. Mark & Spencer is the chosen
organisation in this present report; it a largest dealer
of clothing food and home products.
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Types of business organisation
Public sector
Private sector
Voluntary sector
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Types and purpose of business organisation
There are various types of business organisations are
presented in competitive market; which are
responsible for growth and development of economic
condition of country.
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Cont..
Public sector – It involves those sectors which are owned
and controlled by private sector business organisation.
Example- McDonald's is American business organisation
which is allocated in business countries, i.e. 119 countries
and outlet in number would be 35000; it deals around 70
million people in a day.
Objective- The main goal of the company is to be customer's
favourite place to eat.
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Cont..
Private sector – These sectors are owned and controlled by
an individual or a group of person.
Sole traders
Partnership
Franchise
Example- Virgin group is an example- of private business
organisation; it deals in finance, telecommunication,
entertainment at global market.
Objective - The main aim of pvt. organisations is to make
more profits and higher sales.
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Voluntary sector – Such sectors are developed for
improving living standard of societies. Voluntary
sectors also known as third party sectors.
For instance- Diabetes UK is come under voluntary
sector; it deals in order to address the issues which
are faced by social groups and persons.
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Size and scope of different types of business
organisation
Public sector business organisation – Organisations which are come
under public sector, works in order to avail the product and services
which are required is of daily need of people.
Size of McDonald's – it is the world's leading global food service
retailer with having 36000 location across 100 countries.
Stakeholders – Courts, business houses, local government council,
political parties, ministers and advisors.
Vision and mission: To provide quality products and services to
customers as well as also gives them maximum level of satisfaction.
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Cont..
Private sector business organisation – these sectors are
developed with an aim of earning profits by supplying quality
products and services to customers.
Size of Virgin group – It is dealing around 50 countries all over
the world and having 7000 employees.
Stakeholders – Employees, managers, customers, developers,
carries, operators and industry and advocacy groups.
Objective – To give luxurious experience to customers by
providing them value added products and services.
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Voluntary sector- It is also refer as non profit business
organisations which works for the growth and development of
people.
Stakeholders – Funders, Trustees, Volunteers
Example- Diabetes UK is come under the category of voluntary
sector.
Objective – Such sectors are established for the betterment of
societies
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REFERENCES
Wild, J., Wild, K.L. and Han, J.C., 2014. International business. Pearson Education
Limited.
Xue, X., Shen, Q. and Ren, Z., 2010. Critical review of collaborative working in
construction projects: business environment and human behaviors. Journal of
Management in Engineering. 26(4). pp.196-208.
Yoon, J., 2012. Detecting weak signals for long-term business opportunities using text
mining of Web news. Expert Systems with Applications. 39(16). pp.12543-12550.
Zeng, L., Li, L. and Duan, L., 2012. Business intelligence in enterprise computing
environment. Information Technology and Management. 13(4). pp.297-310.
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