Business Environment: Evaluating Legal Structures and Organizations

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Added on 2023/03/20

AI Summary

This report examines the business environment, focusing on the types of organizations and their legal structures. It explores the various types of organizations, including public, private, and voluntary sectors, and delves into their respective roles and objectives. The report also analyzes the size and scope of these organizations, highlighting their distinct purposes in achieving their goals and meeting consumer needs. Furthermore, the report references relevant academic sources to support its findings, such as articles on business intelligence and long-term business opportunities. The report aims to provide a comprehensive overview of the business environment and the diverse organizational structures that operate within it, providing insights into how these structures contribute to the overall market dynamics. This report is contributed to Desklib, a platform offering AI-based study tools for students.

BUSINESS
ENVIRONMENT
TASK 1

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Cover content
• Introduction
 Types of organization and its legal structures
 Size and scope of various types of organization
• References

Introduction
Business environment is a study of external and internal elements in
order to run a smooth business organization by satisfying the need or
demand of distinct clients. Therefore, assignment is going to highlight
the various types of organization which are existing at a marketplace
but having distinct objectives as compared with each other.

Types of organization and its legal
structures
Corporate world is full of various types of companies which are
engaged in few kinds of business roles and objectives. Basically,
every associations are having their own reasons and purpose behind
establish a firm. For example; few are profit oriented whereas some
are society orients.

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Public sector

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Private sector

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Voluntary sector

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Scope and size of the type of organisation
In today's world every
organizations are having
distinct purpose in order to
attain their set objectives and
goals by satisfying consumer
needs or demands in a defined
time frame.