Business and Business Environment: Types and Scope of Organizations

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This report provides an overview of different types of business organizations and their respective scopes within the business environment. It begins by defining various organizational structures, including sole proprietorships, partnerships, and corporations (both public and private sectors), and the international business environment. The report then delves into the size and scope of these different organizational forms, using examples such as Queen Salon (sole proprietorship), Smith & Johnson's (partnership), ASDA (private company), and Unilever Plc (public corporation) to illustrate these concepts. The analysis includes details on each organization's operations, market reach, and the nature of their business activities. References to supporting literature are also provided to further support the analysis.
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Business and Business
Environment
TASK 1
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Table of Content.
Different types and purpose of organization.
Size and Scope of range of different types of organization.
References.
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Continue..
Sole proprietorship: This refers to legal set up where business or
firm is been operated and controlled by a single person and owner
is not legally separated from business.
Partnership: This is formed by two or more parties and
relationship between them is governed by a partnership deed that
defines structure and scope of partnership.
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Corporation/ Limited Companies: They are separate legal
entities and have their own legal status which means owner and
company are two different persons. In United Kingdom, limited
companies are incorporated as 'Legal Person' and allocated with
unique identity number. There are two main forms of limited
companies these are:
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Public Sector: They are limited liability companies which have
the power to sell and trade their share freely on London Stock
Exchange.
Private Sector: These are small privately owned firms which
have limited liability by shares. Privately owned companies
cannot trade their stock publicly which means they cannot list
their shares on stock exchange.
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International Business Environment: It is associated with all
business movements that are performed beyond national
boarders. This includes trade of good and services, technology,
capital or knowledge at global level.
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P 2. Explain the size and scope of a range
of different types of organisations.
The size and scope of different types of organisations along with
chosen firm is as follows:
Size of Queen Salon (Sole Proprietorship): It is a small shop
owned and operated by Miss White and directly involves in
business activities and manages the business affairs.
Scope of Queen Salon: The Salon provides different types of
services to their consumers and has narrow scope in compare to
firms and companies.
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Partnership Firm.
Size of Smith& Johnson's (Partnership firm): John Smith and
Clare Johnson owns and operates a small partnership business of
plumbing.
Scope of Smith & Johnson: The partners within firm has limited
liability which means that partners are not responsible for others
negligence.
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Private Company.
Size of ASDA (Privately company: ASDA it is a leading
supermarket chain in British which own and operated as wholly
own subsidiary of Walmart.
Scope of ASDA: It is huge and multinational store which deals in
different kind of general merchandise, grocery, monetary service
and mobile phone etc.
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Public Corporation
Size of Unilever Plc: It is a British-Dutch multinational consumer
good company which deals in different kinds of beauty and home
care products.
Scope of Unilever Plc: It has divided it business into four
segments which includes; Personal Care this section includes
production and sale of hair and oral care products.
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REFRENCES
Brown, A., 2014. Organisational paradigms and sustainability in
excellence: from mechanistic approaches to learning and
innovation. International Journal of Quality and Service
Sciences. 6(2/3). pp.181-190.
Aithal, P. S., 2016. Study on ABCD analysis technique for
business models, business strategies, operating concepts &
business systems.
Zalengera, C., Blanchard, R. E., and Gondwe, K.T., 2014.
Overview of the Malawi energy situation and A PESTLE analysis
for sustainable development of renewable energy. Renewable and
Sustainable Energy Reviews. 38. pp.335-347.
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REFRENCES
Blockeel, C., Drakopoulos, P., and Tournaye, H., 2016. A fresh
look at the freeze-all protocol: a SWOT analysis. Human
reproduction. 31(3). pp.491-497.
Botha, A., Kourie, D. and Snyman, R., 2014. Coping with
continuous change in the business
Bah, E. H. and Fang, L., 2015. Impact of the business environment
on output and productivity in Africa. Journal of Development
Economics. 114. pp.159-171.
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