Business Environment: Exploring the Impact of Business Sectors

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Added on 2023/03/20

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This assignment delves into the business environment, focusing on the types, objectives, and scope of various organizations. The report examines the public, private, and voluntary sectors, highlighting their unique characteristics and roles. It explores the implications of different business environments and provides a comparative analysis of the sectors. The assignment also touches upon the importance of understanding the external factors, such as political, economic, social, and technological influences, that impact business operations. The report references relevant academic sources, such as journal articles, to support the analysis and findings. Overall, this assignment provides a comprehensive overview of the business environment and its diverse components.

BUSINESS
ENVIRONMENT
TASK 1

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Cover content
• Introduction
 Types and objectives of private, public and voluntary organisation
 Size and Scope of various organisations
• References

Introduction
Business is an essential aspects for every organization. It is an
important activity of making money through producing an effective
products and services. Here are plenty of external factors that are
present in every business environment. Such as political, economic,
social, technology, legal and environment factors that is having
positive and negative impacts on an organization.

Types and objectives of private, public
and voluntary organisation
In every business organisation there are various aims and legal
structure are needed to be followed those are based on their certain
nature. It is the primary duty of managers of an organisation to
follow such as legal needs while performing their functions in more
effective manner. Such organisation are relevantly difference from
one another.

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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
Corporate companies are
engaging in offering best
services to their clients by
introducing various innovative
products and items across the
international boundaries.