Business and Business Environment P1 and P2 Report

This report analyzes different types of organizations, focusing on public, private, and voluntary sectors, and their respective legal structures. It explains the purpose of each sector, detailing how public organizations provide financial, social, educational, safety, and health services, while private organizations focus on profit generation and provide various services. Voluntary organizations, operating on a non-profit basis, offer social and cultural services. The report further explores the legal structures of sole traders and partnerships, highlighting the responsibilities, risks, and profit-sharing aspects. Additionally, it categorizes businesses by size, including micro, small, medium, and large, examining their operational scales and employee counts, and relating these to the objectives of the business. The report references several academic sources to support its claims.

Business and Business
Environment

P1 Explain different types and purposes of organisations;
public, private and voluntary sectors and legal structures
There are different types of companies and their legal provisions for structuring such as companies public, pri
vate and other. These companies structuring for different purpose.
Public Organisations
 Public organization is operated and owned by the government. Government has been operated and handle
d all the legal provisions of the public organization. Legal provisions such as taxes, financial services and
legal structure of public organization.
 The purpose of the public organization to provide financial services for the public. The purpose of the pu
blic organization is to provide social, educational, safety and health services for the public and citizens. P
ublic organization can managed and raised the fund by taking the loan from banks. (Cornuelle, 2017)
 Example of public organization such as educational services, police services, social services, and health c
are services etc. all the public limited companies along with the government owned companies are involv
ed with in this. The best example of public organization is the metropolitan police because they provide h
ealth care services of the public.

Continued..
Private Organization
 Private organization is the operated and owned by the shareholders and its members. There is no interfere
nce of the government. Shareholder and members are operating and handling the all legal provisions of th
e organization.
 Private organisations also provide services such as educational, health care services, social services witho
ut any help of the government. Private organization is also known as non government organization. (Kna
i, Petticrew, and Mays,, 2015.)The purpose of private organization is to earning more and more profit. T
he purpose of the organization is to provide financial services, technology services, banking services etc.
 All the private limited companies along with the owned by shareholders and member involved with in thi
s. Example of the private organization such as finance, banking, education and information technology et
c. the best example of private organization is the Snapdeal because they provide retail services of the cust
omers. (Meester, Doubeni, and Lansdorp‐Vogelaar, 2015.)

Continued..
Voluntary organization
 Voluntary organization is the non government organization. Voluntary organization is to provide non prof
it services of the public. These organisations are managed and raise the resources from the government fu
nds. They can provide donation of the huge amount for the public.
 The purpose of the voluntary organization is to provide social and cultural services without any profit. Th
ey provide services for the fulfilment of the public needs. Charity is the best example of voluntary organiz
ation. (Nikolova, 2015)
 Example of the voluntary organization such as NGOs , voluntary committees. Cancer research UK is the e
xample of voluntary organisations because they provide charitable for the cancer people. All the charity a
nd volunteer organization involved in voluntary organization.
 Voluntary organization is also provided educational, social, and health care services for the weak familie
s. They are providing all the services without any profit maximization. The organization is help handicapp
ed men, women and children. They can help of citizens as well. They are provide services for the welfare
of social and cultural. (Meester, Doubeni, and Lansdorp‐Vogelaar, 2015.)

SOLE TRADER
 Sole trader is small business structures operated by individual's of all business. Sole trader is different
from partnership. The whole control of all the strategies, policies and rules by the individual person.
 In the sole trader, an individual is bearing all the losses, earning the profits, taking all risks and maintain
the all policies and procedures in their business.

PARTNERSHIP
Partnership is different from sole trader because in the partnership, two or more persons owner of the company. In the partnership,
all the losses are bearing between the partners, all the profits sharing and all the risks are taking by all the partners.

M1
The objectives of business is the profit maximization. There are many categories of business such as micro,
small, medium and large. Their size, scope and structures are different, so that they are affected of objectives
of the business.

P2 Explain the size and scope of a range of different types of organ
isations chosen for the purpose.
MICRO
BUSINESS SMALL
BUSINESS MEDIUM
BUSINESS LARGE
BUSINESS
Micro business is the
small scale business
which is operated by
two or less than five
employees. Micro
business is to provide
good and services in the
local areas.
Small business is the
business which is
operated by 50
employees. Small
business are also
provided goods and
services of the
customers.
Medium business is the
business which is
operated by 250
employees. In the
Medium business large
number of employees
are working for the
huge amount of profit.
Large business is the
business which is
operated by more than
500 employees. In the
large business provides
financial services of the
customers for earning
the profit and
generating the revenues
Examples of micro
business is spaza
shops and shebeens.
Examples of small
business is black
penny restaurants.
Examples of
medium business is
Qbic hotel
Examples of
large business is
Amazon.

REFERENCES
Cornuelle, R. C., 2017. Reclaiming the American dream: The role of private individuals and voluntary associat
ions. Routledge.
Knai, C., Petticrew, M., and Mays, N., 2015. The Public Health Responsibility deal: has a public–private partne
rship brought about action on alcohol reduction?. Addiction, 110(8), pp.1217-1225.
Meester, R. G. Doubeni, and Lansdorp‐Vogelaar, I., 2015. Public health impact of achieving 80% colorectal ca
ncer screening rates in the United States by 2018. Cancer. 121(13). pp.2281-2285.
Nikolova, M. 2015. Government funding of private voluntary organizations: Is there a crowding-out effect?. No
nprofit and Voluntary Sector Quarterly. 44(3),. pp.487-509.

Thank you