Regent College HND Business Environment Task 1 Report - Semester 2

This report provides an overview of the business environment, focusing on different types of business organizations. It explores the public, private, and voluntary sectors, detailing their purposes and providing examples like Tesco, Starbucks, and Cancer Research UK. The report examines the size and scope of these organizations, highlighting their missions, visions, and global presence. It references key literature on strategic planning and business environments, offering insights into how these organizations operate and compete in the modern business landscape. The report provides a comprehensive analysis of the business environment and its various components.

BUSINESS ENVIRONMENT
TASK 1

Content
 Introduction
 Different types of business organisations
 Size and scope of business organisation
 References

Content
 Introduction
 Different types of business organisations
 Size and scope of business organisation
 References

INTRODUCTION
In competitive world, there are various types of business
organisations, i.e. public, private and voluntary sectors. In
this report, there will be discussed their purpose, size and
scope.

Different types of business organisations and
their purposes
Public sector - It involves all those businesses that are
controlled and directed by the government of country,
just to renders better services to people.
For example- TESCO Plc. is also known as public sector
organisation in the UK.

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Private sector- Companies that are wholly run and executed by an
individual or a group of people come under private sector business
organisations.
Purpose – Private sector organisations totally differ from public
sector firms.
Example- Starbucks is a good example of private sector. It is a coffee
chain that is also implanted in the UK. As the last of 2016, the
company operates 23846 regains nationwide.

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Voluntary sector- The sector consists with those business units which
are established for social welfare and services.
For example – Cancer Research, UK is the most common example of
voluntary sector. The charity develops awareness among people.
Purpose- Cancer Research UK is the most example of voluntary
sector. The charity develop awareness among people.

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Growth of the international business: -
In this competitive world, there are numerous business
organisations which are widely spread worldwide. For
example- the core business of TESCO is extend in 12 nations,
i.e. Asia, Hungry, Scotland, America, China etc. due to its, it
become the largest industry of retail products and services.

Size and scope of business organisations
Public sector organisations- Such sectors are implemented by the
government of the country for providing best services to public.
Mission and Vision of TESCO -
“Creating valuable for customers in order to earn their lifetime beliefs
and loyalty” it is the main mission of the company.
TESCO says about its vision- “to be most valued retailer company
among customers and societies”

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Private sector organisations – Such business organisations are
regulated in order to earn more profits and make higher sales by
attracting more customers in target market. For example- Starbucks,
is the private sector organisation.
Vision and mission statement – The prime mission of Starbucks, “to
raise and inspire human spirit – one, cup, cone person and one
neighbour at a time. Apart from this, the vision of the company is,
“to be a provider of the finest coffee by managing uncompromising
principles over the globe while we grow”.

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Voluntary sectors – These are the sectors which determines social
services and welfare. It is also known as the third party organisations
and emphasis on developing a healthy economy of the country.
Vision and mission – The mission statement of the charity is to reduce
cancer patients in the world by giving them proper and sustainable
treatments. For that, the charity is also using effective and modern
techniques.

REFERENCES
Agarwal, R., Grassl, W. and Pahl, J., 2012. Meta-SWOT: introducing a new strategic
planning tool. Journal of Business Strategy. 33(2). pp.12-21.
Aterido, R., Hallward-Driemeier, M. and Pagés, C., 2011. Big constraints to small
firms’ growth? Business environment and employment growth across firms.
Economic Development and Cultural Change. 59(3). pp.609-647.
Auzair, S., 2011. The effect of business strategy and external environment on
management control systems: a study of Malaysian hotels. International Journal
of Business and Social Science. 2(13).