Analysis of Business Environment: Public and Private Sectors in UK

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Added on  2023/06/08

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This report provides a comprehensive analysis of the UK business environment, focusing on the public and private sectors. It explores the structures of both sectors, including sole proprietorships, partnerships, and public corporations, and examines the objectives of each. The report highlights the impact of local, national, and global environments on businesses, using Dyson as an example. It also discusses the factors influencing the choice of organizational structure and includes a list of references, such as books and journals, providing a foundation for understanding the complexities of the UK business landscape. The report aims to offer insights into the dynamics of different sectors and their roles in the overall business environment.
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Task 1
The Business Environment
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Content
Introduction
Types of organization
Structure of private sector and public sector companies in UK
Examples of public and private companies in UK
Impact of Local, national and global business environment on Dyson
Difference in objectives of organizations
Reason for specific structure of public and private sector companies
Conclusion
References
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Introduction
Business environment of a company refers to the
internal and external units which may affect the
functioning of the management. While performing
in a business industry, it is important to think about
all the basic elements which are revolving around
the business firm as it may create lots of changes in
the performance of the employees.
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Types of organization
Public sector and private sector are the two
main sectors which are forming the overall
business empire in United Kingdom. These
sectors are working in their own respective
areas in order to attain the targets which are
set by the higher management of the
business organisation.
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Structure of private sector and public sector
companies in UK
In United Kingdom, private sector corporation consists of all these structure
which are mentioned below-
Sole Proprietorship-
Partnership
Companies
Cooperatives
And structures of public sector companies are-
Public corporation-
Local authority-
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Examples of public and private companies of
UK
Public sector companies are- Bank of England, British
Broadcasting Corporation, National Audit Office,
National Probation Services, etc. All these institutions are
continuously working in betterment of the country.
Swire, JCB, Bestway group, Arnold Clark, etc. are some
of the private sector companies which are prevailing in
UK. The main aim of these companies is to gain the
competitive advantage in their respective market.
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Impact of local, national and global
business environment on Dyson
Local environment such as cultural values and social
ethics which are prevailing in the society. Such
frameworks have so much capability to affect the
demand and needs of the customers in the market.
On the other side, Dyson must consider some factors
and its consequence which exist on national level,
like tax rates, inflation or deflation rates.
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Differences in objectives of business
organisation
Due to the differentiation in the overall
structure of the business, objectives of the
company may also differ. Talking about the
private sector company, their main objective is
increase their profitability in domestic as well
as global market.
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Reason for specific structure of public and
private companies
Selection of particular structure of the company depends on different characteristics through which
company design their overall environment which will support in the performing a better task by the
employees. There are certain guidelines which are mandatory for the companies to apply in their
organisation as they are provided by some authorities which are governing the working of the firms. While
opting for some of organisational structure, firms will set some of their management to ensure the smooth
working.
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Conclusion
This presentation went into a detailed discussion regarding different organisation structure
which found in the industrial unit of United Kingdom. It has briefly discussed about the
private and public sectors of the companies. Along with some differentiate features which
forms a relevant organisational goal for these sectors. Apart from this, it has also disclosed
the companies structure which may find in the public and private sector of United Kingdom.
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References
Books and journals-
Boukamcha, F., 2022. A comparative study of organizational commitment process in the private
and public sectors. International Journal of Organizational Analysis.
Carbonara, N. and Pellegrino, R., 2018. Public-private partnerships for energy efficiency projects:
A win-win model to choose the energy performance contracting structure. Journal of Cleaner
Production, 170, pp.1064-1075.
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