Organisations: Types, Size, Scope - HND Business L4, Regent College

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Added on  2023/03/24

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This report provides an overview of different types of organisations, including public, private, and voluntary sectors, with examples such as Nestle UK Ltd, Tate and Lyle, and Oxfam. It discusses their purposes, legal structures, missions, visions, goals, and objectives. The analysis covers aspects like profit earning, service provision, market share, and social welfare, highlighting the operational and structural differences between these organizational types. It provides insights into how each type functions within the business environment, referencing their goals, objectives, and legal structures.
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ORGANIZATION
Organisation is a group of persons who join
together to achieve commonly set or defined
goals. The organisation includes the
employees, management, customers etc.
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TYPES OF ORGANIZATIONS
Public sector organization
Private sector organization
Voluntary organizations
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PRIVATE SECTOR ORGANISATION
The private sector organisations are those which are
formed by persons with a main objective to earn
profits. These organisations owned and controlled by
private individual.
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TYPES OF PRIVATE
ORGANIZATIONS
Sole trader
Partnership
Private and Public limited companies
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PURPOSES OF PRIVATE
ORGANIZATIONS:
Profit earnings.
Increasing market share.
Growth.
Maximises sales
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EXAMPLE OF PRIVATE LIMITED
COMPANY
In United kingdom, Nestle UK Ltd which produces food
products and beverages. Nestle aim to provide the good
quality food with good tastes. They provide wide varieties
of choices to their customers.
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EXAMPLE OF PUBLIC LIMITED
COMPANY
Tate and Lyle is a public limited company of UK which is
a food processing company. It is very popular for their
innovative techniques which converted the raw material
like corn, oats and tapioca into ingredients. Their
ingredients have good taste, texture, are very nutritious.
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PUBLIC SECTOR ORGANISATION
The public companies are owned and operated by
government and government institutions. Such
organisation works for the key motive to provide their
services to public for their welfare. These organisations
are funded by national and local government.
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PURPOSE OF PUBLIC ORGANIZATIONS
Purposes of public sector firms:
To provide services to public.
Optimum utilisation of environmental resources.
Use the funds only for benefits of society.
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TYPES OF PUBLIC ORGANIZATIONS
Regional development organisation: These are the
organisations work for the employment and wealth
generation in the regions and also work to reduce the
regional disputes.
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VOLUNTARY ORGANISATIONS
The voluntary business organisation do not work for
earning profits. They are funded mainly by the members
of organisation, entrance fees, fund raising and donations
by government and individuals or companies.
These are prepared to promote some cause like prepared
for charities, or trusts. The staff of this organisation
includes the paid managers, workers and volunteers.
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