HND Business Level 4: Analyzing Types, Size & Scope of Organisations

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Added on  2023/03/29

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This report provides an analysis of different types of organizations, including private, public, and voluntary sectors, and examines their respective sizes and scopes within the business environment. It uses examples such as Monsoon (private), Mark and Spencer (public), and St. Andrew's (voluntary) to illustrate these differences, focusing on their purpose, size in terms of employees and revenue, and scope in terms of their impact and goals. The report concludes by highlighting the interrelationships between these types of businesses and the importance of understanding their size and scope. Desklib offers a wide range of study resources, including past papers and solved assignments, to support students in their academic endeavors.
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Business and Business
Environment
(TASK 1)
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Cover Content
Introduction
Different type and purpose of organisation
Size and scope of different type of organisation
Conclusion
References
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Introduction
Business is an entity which is mainly involved in the provision of
products and services to the costumers, they serve as a director of
the economic activities, the business is mostly privately owned or
it can be owned publicly, the goods and services which are
produced or made through them is then allotted to the market so
that people can buy it and use it.
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Various types and purpose of organisation.
Organisation have different types they can be owned in different
ways, various person use to own the business in assorted way as
per their choices and according to how much they can invest and
in which sector. Some own the business to provide help to public
and some for their own profit and the other few people start
business for non profit. There are different types of organisation
such as:
Private sector.
Public sector.
Voluntary sector.
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Private sector
It is a type of business which is owned by people to earn lots of
income. This is not established to ruin in non profit manner and it
is not at all like public sector.
Example of private company- Monsoon is a privately owned
company which is established in 1973 in UK. It is having two
retailer clothing chains and they make avail accessories. As it is a
private company it has the power to plan about its price and they
are there to earn profit.
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Public sector
It is a sector which is ruined and owned by the government
bodies and they mainly run this business so that they can be able
to provide benefits to the public.
For example- Mark and Spencer is a multinational retailer store,
which is publicly owned, they provide clothing, luxury food
products, home products, and many more things under one roof.
There aim is provide clothing to their customers and make them
feel comfortable in that. They believe in providing good and
quality products to the people.
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Voluntary sector
This is a sector which is not ruined to earn profit it is mainly
owned by group of people together so that they can be able to
help people and this is a non profit sector.
For example- St. Andrew's is an example of voluntary group
which provides help to those people which is suffering form
illness and any kind of decease, some of the illness for which
they provide help like, disabilities, mental illness, injuries in
brain, etc.
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Size and scope of various types of
organisation
Size and scope of different organisation mentioned below:
Private sector- This is owned by individual person and this
mainly focus on earning maximum profit by investing less.
Size- Monsoon company has approx 1001 to 5000
employees working over there and they are having approx
$100 to $ 500 million revenue per year.
Scope- They have a aim to provide as much as cloths to the
customers and they also bring new fashion cloths for their
customers so that they can get attracted to their firm and the
customers will get new trend cloths.
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Continued...
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Public sector
This is a sector which is owned so that they can provide help to
the general public and can provide benefits till them.
Size- mark and Spencer is having approx 82,904 employees
working over different stores which they have and they earn in a
year approx 404.4 million.
Scope- They want to provide better quality and quantity products
to the public in affordable price and they use to introduce more
new and quality products to be provided to the customers in there
store. They have many different scheme also.
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Continued...
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Voluntary sector
This is a sector which is mainly works in non profit zone, this is
made by group of people together so that they can help other
people which want help and is really in need of help.
Size- In this trust there are approx 4000 people working together
to help people.
Scope- They want to help as much people as they can. And help
those who are in problem.
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