BMP3002 Business in Practice: Company Types, Structures & Factors

This report provides an analysis of different types of companies, ranging from micro-businesses to large corporations, detailing their characteristics and examples, as well as exploring various business structures such as sole proprietorships, partnerships, limited liability companies, public limited companies, and cooperatives. It also examines the impact of external factors on business performance through a PESTLE analysis, focusing on Marks and Spencer Company, and identifying how political, economic, social, technological, environmental, and legal factors influence business operations. The report concludes by emphasizing the importance of understanding both internal organizational structures and external environmental factors in business management.