HND Business: Business Environment - Types, Size and Scope Report

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Added on  2023/03/29

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This report examines the business environment and its impact on organizations, focusing on the types, size, and scope of different sectors, including public, private, and voluntary organizations. It analyses firms like Unilever, BBC, and Oxfam to illustrate these concepts, highlighting their aims, missions, and objectives within their respective sectors. The report emphasizes the importance of understanding the micro and macro environment for effective risk management and achieving organizational targets, stressing the need for flexible and adaptive structures. It concludes that a dynamic business environment requires organizations to continuously assess and adapt to ensure efficiency and effectiveness. Desklib provides access to similar solved assignments and study tools for students.
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Business
Environment
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Table of Content
Introduction
Aim of the various types of firms.
Size and Scope of different types of sectors.
Conclusion
References
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Introduction
Business is an activity which includes transfer of products and
service and in back the owners get money. With the aim of
profit, organisations manufacture goods which will be sold to
the targeted customers. Whatever process is done by the firms it
is only beneficial if there is suitable business environment. It
consists of all the internal and external factors influencing the
working of an enterprise.
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Aim of the various types of firms.
Public:-
Ownership with government;
Depend on taxes for finance;
Aim: Proper exercise of rules & regulations;
Concerned with defense, health care and police
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Aim of the various types of firms.
Public:-
Ownership with government;
Depend on taxes for finance;
Aim: Proper exercise of rules & regulations;
Concerned with defense, health care and police;
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Continued...
Private:
Control of private individuals;
Economic Importance;
Sole Traders, Partnerships and Franchisee;
Aim: Profit making with market expansion;
Investments through personal savings, bank loans and
partner contributions;
Unilever.
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Types of Ownership
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Continued...
Voluntary:-
NGO'S, charitable trusts and other social groups;
Not for profit;
Aim: To help a certain class of individual;
Depend on donations for funds
Oxfam.
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Size and Scope of different types of
sectors.
Overview of Unilever:
Consumer product firms;
Products related to food, beverages and personal care;
169,000 Employees and 400 brands;
Liptons, Knorr, Dove, Axe and Omo.
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Continued...
Vision: To improving the social lifestyle of people;
With the help of stakeholder analysis feedback of key individuals can be taken.
Company vision – to become most creative and innovative company in all over world.
Company mission – BBC educate their consumers through their informative
programmes and services and entertain them by broadcasting programs.
Company objectives – BBC have main four objectives in this year are make world
class contents, provide effective offer to younger audience, create value of money by
covering all area of work.
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Continued...
Stakeholder are the people who funds the company and
through this they will able to identify which stakeholder are
impacting their business more.
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Continued...
Overview of BBC:
Oldest public service broadcaster;
Employment over 20,000 individuals;
Serves in 26 languages;
Mission: Inform, educate and entertain;
Objective: Deliver credible content;
Emphases on Young Minds;
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