Business Environment: An Overview of Organisations Types, Size, Scope

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This report provides an overview of the business environment, focusing on different types of organizations and their purposes, including private, public, and voluntary sectors. It discusses the role of private companies like Primark in profit generation, the government's control over public sector entities such as Tesco plc for social welfare, and the objectives of voluntary organizations like Oxfam in improving living standards. The report further examines the size and scope of these organizations, highlighting Primark's international presence, Tesco plc's contribution to public welfare, and Oxfam's efforts in serving public interests through non-profit activities. It also references academic sources to support the analysis of the business environment and organizational dynamics.
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BUSINESS AND
BUSINESS
ENVIRONMENT
Title
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Cover table
Introduction
Various types of organizations and their purposes
Size and scope of various types of companies
References
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INTRODUCTION
Business environment is the combination of both internal and
external. There are different types of organization which havin
g their own purpose in order to attain target and objectives as
well.
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Various types of organizations and their purposes
Private company- . Its earning capacity is depends on its performance. Employe
rs of the firm having ultimate control on them. Primark is privately owned entity
which is able to deliver various number of products with better quality to their ta
rgeted customers in order to attract them and increase profit margin as well.
Purpose- The main purpose of private firm is to earn profit by selling goods to t
heir targeted customers. Staff members of Primark is use their collective efforts
in order to attain their set of goal and objectives as well
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Cont
Public sector- Government having ultimate control over these types
of organization. In which more then approx. 50% share is held by le
gal authorities. The main aim of them is try to raise level of standard
of people and social welfare. Tesco plc is UK based retailing public
company which deliver varieties of goods and services to their audie
nces. This is not privately own entity.
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Cont
Voluntary sector- These type of companies
are voluntarily incorporated by members w
ho having same objective or aim. Members
who are want to join firm then they can do
so with same objectives. Government fram
e less rules and regulation on them which t
hey have to follow which are imposed on t
hem. Oxfam is charitable organization whi
ch is work for people and try to improve th
eir standard of living as well.
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Size and scope of various types of companies
Private company- Primark is an international supermarket
and large number of customers as well. It provide varieties of
goods and services to people with better quality. Through this
process firm is able to build trust among them and increase m
arket share as well. The scope of this firm is larger then others.
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Public company- These are gov
ernment owned companies whic
h having ultimate control of legal
authorities. They provide goods
and services with better quality a
t reasonable price. Tesco plc is p
ublic entity which is controlled b
y government for providing soci
al welfare to people.
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Cont
Voluntary sector- In these types of firms, members can
voluntarily join who have same objectives and purpose.
Initially they have to invest some amount and then recover
the same from profit. Oxfam is charitable firm which is
incorporated for the purpose of raise standard of living of
people.
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Cont
These are non profit making firms and different from private
and public sector. Provide free education, special meal and eff
icient shelter to them. They are positively contribute in servin
g of public interest. Cited firm is able to protect their interest
of people. Members who join this firm having common goal.
Providing employment to large number of people. Through th
ey can build trust among them.
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REFERENCES
Chavis, L.W., Klapper, L.F. and Love, I., 2011. The
impact of the business environment on young firm financing.
The world bank economic review. 25(3). pp.486-507.
Commander, S. and Svejnar, J., 2011. Business
environment, exports, ownership, and firm performance. The
Review of Economics and Statistics. 93(1). pp.309-337.
Eckardt, M., 2012. The European Private Company: Do
we need another 28th private company law form in the EU?
On regulatory competition of corporate law.
Eisenberg, T. and Miller, G.P., 2012. The English versus
the American rule on attorney fees: an empirical study of
public company contracts. Cornell L. Rev.. 98. p.327.
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THANK YOU
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