HND Business: Examining Types, Size & Scope of Organisations - Regent

This report provides an overview of the business environment and examines various types of organizations, including public, private, and voluntary sectors, highlighting their purposes, sizes, and scopes. It discusses how each sector operates and contributes to the economy and society. The report also touches upon stakeholder analysis, emphasizing the importance of stakeholders in achieving organizational goals. References to relevant academic works are included to support the analysis. Desklib offers a wide array of solved assignments and past papers for students seeking further assistance.

BUSINESS
ENVIRONMENT
TASK 1

Covered content
• Introduction
• Types and purpose of different organization
• Size and scope of different organization
• Conclusion
• References

Introduction
Business environment is term which defined as a cluster of
external and internal factors which have a greater impact on a
decision making process of an organization. In fact surrounding of
enterprise is divided into two parts macro and micro which affect
employees working there in various manner.

Types and purpose of different
organisations
An enterprise is consider as a formal structure having its specific
objectives, aims and reason behind establishment. There are
various types of organization which are mentioned below:
• Public sector
• Private sector
• Voluntary organisation

Continued...
Private: This sector is also referred as a citizen sector due to its
roles and responsibility towards whole society. Purpose:
• Trying to earn more and more profit by minimizing their
losses.
• Build their image or goodwill at marketplace by competing
with their competitors.

Continued...
Public: Managed and controlled by advisory bodies because it
provides all the government services to protect whole society
from exploitation and discrimination. Purpose:
Provide basic needs to weaker sections of society at affordable
price.
Development and growth of overall economy of a nation by
reducing rates.

Continued...
Voluntary: It also known as a community sector and
act as a non profitable organizations which are not
related to government. Purpose:
• Enrichment of whole society by conducting
improvement programmes.
• Provide free service to poor peoples.

Size and scope of different organisation
Public sector: Due to advancement of technology size of a public
sector increases day by day which affect overall society as well
as individuals. The main objectives of public enterprises is to
serve economy by executing appropriate policies and strategies
which plays a very vital role in decision making process.

Continued...
Private sector: Size of public sector is differentiate on the basis of
type of organization which means there are various kinds of
private companies which are explained as follows:
• Sole trader
• Partnership
• Private limited companies
• Multinational companies

Continued...
Voluntary sector: These sector have expanded over the seas
because they are believe in providing free facility to those
peoples who are suffering from exploitation and shortage of
capital.

Continued...
Stakeholder analysis: One of indispensable member of any
organization because they support the existing business in
attaining the goals and objectives in a minimum time period.

References
Molly, V., Laveren, E. and Deloof, M., 2010. Family business
succession and its impact on financial structure and
performance. Family Business Review. 23(2). pp.131-147.
Pestle, W.J. and Colvard, M., 2012. Bone collagen preservation
in the tropics: a case study from ancient Puerto Rico. Journal
of Archaeological Science. 39(7). pp.2079-2090.