Types, Size, Scope of UK Organisations - Regent College HND Business

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Added on  2023/03/28

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This report provides an overview of different types of organizations operating in the UK, including private sector enterprises, public sector enterprises, sole proprietorships, partnership firms, and companies. It discusses the functions and objectives of each type, highlighting their roles in the business environment. The report also examines specific organizations such as Tesco, World Food Programme, McLaren Technology Group, Greenergy, and The Company Warehouse, detailing their operations and contributions. The analysis covers aspects like market share, product offerings, and strategic approaches to achieving business goals. This document is available on Desklib, a platform offering a range of study tools and solved assignments for students.
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TASK 1 (P1 and P2)
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P1 Types of organisation and its growth in
international business environment
In the UK market, there are different types of organisation
exist who perform their functions and operations. They
possess different goals and objectives in systematic way. In
this way, following are different businesses working in
UK:
Private sector enterprise
Public sector enterprise
Sole proprietorship business
Partnership firm
Company
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Public sector enterprise
Public sector enterprise: Public sector businesses are
more concern about the4 economic activity.
Therefore, they are mainly concern to produce welfare
and benefits towards the society and business
environment.
Their main purpose is to provide effective services and
products within the society so that goals and objectives
can be accomplish in systematic way.
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Private sector enterprise
Private sector enterprise: Private sector enterprise
working on the free capitalist system. This type of
business operated and control by owner only.
Their main aim is to gain profits and enhance their
revenue as well. Therefore, they are generally charge
high price on products.
These types of businesses are working for profit motive
only so that goals and objectives categories according
to its functions and outcomes.
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Sole Proprietorship business
Sole proprietorship business: Sole proprietorship
business deals in electricians, television, and many
other activities.
These types of businesses are working for creating
welfare for business.
A person that taking extra fund can start their business as
sole proprietorship business in different types of
functions.
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Partnership firm
Partnership firm: Partnership businesses are deals in
different products such as bookkeepers, lawyers,
doctors, etc.
In this way, people can share their expertise, workload
and capital to create effective results in the business
operations.
Therefore, targets and goals can be accomplished in
systematic way. The organisation has aim to improve
their contacts to resources in the partnership.
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Company
Company: Company perform their functions and
operations by the shareholders.
Each person in company donates their sum of money
and added by borrowings. Management runs their
company operations on the behalf of their
shareholders.
Main objective of the company is to develop their
contract performances, enhance safety for employees,
flexibility and training to workers, etc.
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P 2 Details of the chosen organisations
In order to develop effective functions and operations, all
businesses carries their functions and operations in
effective way. With the help of developing the
functions they can accomplish targets in effective way.
Tesco
World Food programmes
McLaren Technology Group
Greenergy
The company warehouse
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TESCO
Tesco: Tesco has the large size of business in UK
which possesses effective results and operations to
develop their market share in significant manner.
In this context, there are many products selling by the
chosen business which create high value in front of
customers.
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World food programmer
World Food programmes: World food program is the
largest public sector business in all over the world.
They are providing food products to the needy people
to enhance their market share in different areas of the
world.
In this way, they perform many functions and
operations to create value of food products in the large
market base.
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McLaren Technology Group
McLaren Technology Group: It is the partnership
business which deals in different types of medical
products.
The group is branched out of the manufacturing
businesses.
There are so many subsidiary works in McLaren
Technology Group such as GSK, etc.
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Greenergy
Greenergy: There are so many businesses exists in
group who working as the sole proprietorship.
They all are working to enhance productivity and
ascertain more effective functioning in business unit.
They all are performing many functions to manufacture
and infrastructure to reduce product cost.
In this way, development can be made for undertake
several opportunity at workplace. Many business work
together who perform several functions in different
areas for ascertain facility in business unity.
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