HND Business Environment Assignment: Types and Purpose

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Added on  2023/03/20

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This report provides an overview of the business environment, focusing on the different types of organizations and their legal structures. It explores the public, private, and voluntary sectors, examining their characteristics and purposes. The report includes an analysis of the size and scope of various organizations, such as Morrisons, Iceland, and non-profit organizations (NPOs). It also covers the vision, mission, and stakeholder analysis of these organizations. The conclusion emphasizes the impact of internal and external factors on the business environment and the importance of effective management. The report is a valuable resource for understanding the diverse landscape of organizations and their operations within the broader business context. The report is a result of research and analysis of various types of organizations to provide a comprehensive overview of the subject matter.
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Business Environment
(Task 1)
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Table of content
Introduction
Types and purpose of organization with their legal
structure
Size and scope of a range of different types of
organizations
Conclusion
References
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Introduction
Business environment is an effective combination of internal
and external factors which directly impact on the entire
function of the company in both positive and negative
manner. It includes management, demand, supply,
customers and so on. Thus, it is important for manager to
manage all these factors effectively to improve its
performance level at market place.
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Types and purpose of organization with their legal
structure
Public Sector Organization:
These types of business organisations are regulated by
government authorities and consist of national and local
bodies. Basically, this type of sector is wide in nature in
which they use various methodologies to enhance their
funds such as taxes.
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Legal structure
General government
Central government:
State government
Local government
Public organizations
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Private Sector Organization:
Company that is operated as well as controlled by private
individuals and the main motive of this is to generate
profitability is call private sector organisation. These types
of businesses are free from any kind of regulation and
government control.
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Legal structure
Sole trader
Partnership
Private limited companies
Public limited cooperative
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Voluntary Organization:
This type of business organisation is non-profitable because
the main aim of this is to enhance social welfare by
providing benefits to the society.
Charitable organisation: These type of business organisation
is known as NPO in which they provide financial services
to people in order to fulfil their needs and wants in an
effective way.
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Size and scope of a range of different types of
organizations
Public sector organisation:
Morrisons is a public sector
company in UK. It is
operate by UK
government and deal in
retail industry.
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Vision:
The main vision of Morrisons is to operate their business
with stakeholders and other industry partners.
Mission:
In this the main mission of Morrisons is to serve effective
services by analysing customers needs and wants.
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Size: Morrisons operate their business having approx 498
stores in various countries. Around 132000 workers are
perform for company to attain success at market place.
Scope: Basically company serve food, drinks, clothing
products to various countries with the aim of attaining
success. Morrisons stores are location were focus in the
North of England. The headquartered in Bradford, West
Yorkshire, England.
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Private sector organization:
Iceland is operate their business in UK food market. In this,
they serve their various quality goods and service to its
customers such as meat, dry products and many more.
Along with this company has approx 2% part of grocery
in market place in which they easily offer their services to
its customers.
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