Business Environment: Types, Size, and Scope of Organizations

This report provides an overview of different types of organizations, including public limited companies, private limited companies (sole trader, partnership, franchising), and the voluntary sector, highlighting their purposes and legal structures within the business environment. It examines the size an...Read More

BUSINESS
ENVIRONMENT
TASK 1

Content
 Introduction
 Different types organisations and their purpose
 Size and scope of different types of organisations
 References

Introduction
Environment in which a business operates and execute
various commercial activities with the aim of earning
profit is knowns as business environment. Large numbers
of internal and external factors exist in an environment
which largely affect the operations of a firm.

Different types organisations and their
purpose
Main purpose of carrying out business is to earn large
number of profits by satisfying the needs and wants of
customers. Activities of business affected by its size large
enterprises execute its operations on a big level whether
small firms conduct same activities on small basis.

Continued...
Public limited company: A
company which is owned
or regulated by the
government either wholly
or partially is known ass
public limited company.

Continued...
Private limited company: Firms which are controlled by the
private hands by individual or group of people is known
as private limited company. Further private limited
company is divided into many parts:
 Sole trader
 Partnership
 Franchising

Continued...
Voluntary sector- When more than two individuals starts
business activities with the aim of doing social welfare is
come under the category of this sector. Profit is not the
main objective of these kind of businesses

Continue.....
Vision of OXFAM is to create a just sustainable and equal
society by the empower the underprivileged people.
Mission of OXFAM is to encourage right to life with dignity to
all.
Leaders of OXFAM use transformative approach of leadership
for equal right of women.

Size and scope of different types of
organisations
Scope of business activities depends on its size and structure
adopted by firm. Firms operating at an international level have
larger size of its business operations than a firm operating at
national level.

Continue....
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Name of company McDonald Burger king
Type of firm Public Private
Net income of company 4.675 billion Approx 1.813 billion
Employees working 365000 approx 356000 approx
Number of customers More than 65 million per
month Approx 60 million per
month
Range of products Burgers, french fries,
pizza variety of drinks
and other.
Burgers, drinks and
many more.
Market share 50.01 percent approx 14.52 percent approx
Number of locations 40000 About 14800

Continued
This is a public company and is
working is more than 40000
countries. At present 365000
employees are working in the
firm who serve more than 60
million customers every year.
Net income of firm is more
4.675 approx.

Continue...
Vision of McDonald is to become a modern, successful and progressive
burger company delivering a contemporary experiences to customers.
Mission of McDonald is to be “our customer's favourite place of eat and
drink.
Leaders of McDonald encourage and work as a team, have open
communication and flexibility.

Continued
Burger king is a private firm which execute various activities
with the aim of capturing a larger market share and to increase
the number of its revenues.

Continue....
Vision of burger king is to see opportunity whenever a change
take place in market to develop and use ability to make
innovative food products.
Mission of burger king is to offer services, products and
solutions of highest quality and deliver more values to its
customers.
Leaders of burger king support employees to perform their best
with adoption of effective strategies.

Continued...
Employees, customers and
other people who take part
in the activities of a
business and give their
guidance or opinions for
achieving the better results
are known as shareholders.

References
Klapper, L., Lewin, A. and Delgado, J.M.Q., 2011. The impact of
the business environment on the business creation process.
In Entrepreneurship and Economic Development (pp. 108-
123). Palgrave Macmillan UK.
Krishnan, A., 2013. Culture As a Successor of Quality Initiatives:
A Review. International Journal of Social Science. 2(1).
p.53.
Love, V.J., 2011. Private company accounting: A concept whose
time has come. The CPA Journal. 81(2). p.16.