Business Environment: Organisation Types, Size, and Scope Analysis

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Added on  2023/03/29

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This essay explores the various types, sizes, and scopes of organisations within the business environment, categorising them into profitable and non-profitable entities. It further classifies organisations by sector, including private, voluntary, and public, detailing their structures and purposes. The analysis extends to specific examples such as British Airways (public), McLaren Automotive (private), and Oxfam (voluntary), illustrating the characteristics and operational focus of each. The essay also touches upon different legal structures within the private sector, such as sole proprietorships, partnerships, and limited companies, highlighting their respective features and governance.
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BUSINESS
ENVIRONMENT
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KINDS OF BUSINESS
PROFITABLE
These kinds of business have
their sole purpose as to earn
profits.
NON-
PROFITABLE
This kind of organization's main goal
is to serve the society
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ORGANIZATION TYPES
PRIVATE SECTOR
These are privately owned
institutions, which are
established with the sole
purpose of earning profits
VOLUNTARY SECTOR
This kind of organization is
established in order to serve
the society
PUBLIC SECTOR
The company which is owned
and controlled by the
government fall under the
category of public sector
organization
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PRIVATE SECTOR ORGANIZATION
SOLE PROPRIETOR
A business operated and functioned by a single owner is known as sole
proprietorship.
This kind of business needs the least capital and is easy to start as compared
any other form.
The purpose of the business is to earn profits.
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PRIVATE SECTOR ORGANIZATION
PARTNERSHIP FIRM
When 2 or more individuals agree to commence business together under
the binding of a partnership agreement, then it is called partnership
business.
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PRIVATE SECTOR ORGANIZATION
LIMITED COMPANY
The private company are the organization which are managed by the board
of directors of the company.
There company are of two types limited company and limited liability
company
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PUBLIC ORGANIZATION
BRITISH AIRWAYS
Public organization chosen for the
purpose of the study is British Airways.
It is a public airline company which was
formed in 1974.
The company has its operations in
around 183 destinations around the
world with the fleet size of 272 aircraft.
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PRIVATE ORGANIZATION
McLaren Automotive
The company was founded in 1985.
McLaren automotive is the part of the
McLaren group.
The company deals in the production and
sales of the motor cars across globe.
The company focuses on the
manufacturing of sports and luxury cars.
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VOLUNTARY ORGANIZATION
OXFAM
Oxfam was founded in 1942 to relive the
starving citizens of the occupied Greece.
Oxfam is a global level organization based in
Oxford UK.
The organization rose from there to become
a global foundation for relief activities.
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