HND Business: Examining Types, Size & Scope of Organisations - Unit 1

This report provides an overview of various types of organizations, including private, public, and voluntary sectors, and examines their size and scope within the business environment. It discusses the purposes of each type of organization, highlighting their different aims and funding sources. The report also explores different legal structures such as sole proprietorships, partnerships, private limited companies, and public liability companies. Furthermore, the report provides details on specific companies like Tesco, BBC, and Oxfam, including their vision, stakeholder analysis, mission, and objectives. It emphasizes the importance of understanding the business environment and how organizations formulate strategies to operate effectively within it. The report concludes with references to relevant academic sources.

Business Environment
Various types of organisations and their size and
scope.

Table of Content
Introduction
Purposes of different kinds of organisation.
Size and scope of various kinds of firms.
References

Table of Content
Introduction
Purposes of different kinds of organisation.
Size and scope of various kinds of firms.
References

Introduction
Business:
 Operationswhich include exchange of goods;
 Impacted by internal or external environment;
 Organisations need to form stragtegies according to it.

Purposes of different kinds of
organisation.
Private:
 Owned by private individuals;
 Financed by banks loans, personal savings and etc.
 Aim: To increase sales and earn profit.
 Example: Tesco.

Continued...

Continued...
Public:-
 Ownership is with government bodies;
 Carry out their activities from the taxes paid by the
citizens;
Aim: To maintain the economic stability;
Example: BBC (British Broadcasting Corporation).

Continued...
Voluntary Sector:
 Works for the betterment of the society;
 NGO's, charitable trusts and etc.;
 Depends upon donations for funds.
Aim: To develop social economy of the nation
Example: Oxfam.

Continued...
Sole Trader: It is the business structure in which a
single person trading as the individually legally
responsible for all the aspects of the business. All the
debts and losses coming in the business will not be
shared by other.
Partnership:- It is the condition when the two people
with the same interest come together to form a
business organisation and each of them has certain
share in it.

Continued...
Private Limited Company:- It is a type of business
entity and limits the owner to their shares and limits
the number of shareholders to 50 and restricts the
shareholders from publicly trading shares.

Continued...
Public Liability Companies:- It is a type of business
organisation which can be called as limited liability
organisation whose shares may be freely sold and
traded to the public.

Size and scope of various kinds of firms.
Details of Tesco
 Third largest retailer in terms of profit;
 6,550 stores in different locations;
 Employment to 470,000 people;
 50 million people use the products of Tesco.
 They have turnover of £55,917 million.