Business Environment: Types, Size, and Scope of Organizations

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Added on  2023/03/29

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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 and scope of these organizations, using McDonald's and Burger King as examples to illustrate the variations in net income, employee numbers, customer base, product range, and market share. The report also discusses the vision and mission statements of these companies, leadership approaches, and the significance of shareholders. It concludes by referencing academic sources to support the analysis of the business environment and organizational dynamics. Desklib provides a platform for students to access this and similar assignments for study and research.
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BUSINESS
ENVIRONMENT
TASK 1
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Content
Introduction
Different types organisations and their purpose
Size and scope of different types of organisations
References
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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.
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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.
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Continued...
Public limited company: A
company which is owned
or regulated by the
government either wholly
or partially is known ass
public limited company.
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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
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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
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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.
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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.
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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
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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.
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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.
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