Question :
- To develop the understanding of different types, size and scope of organisations
- To develop interrelationship of the various functions within an organisation
- To identify various positive and negative influence/impact the macro environment factors
- To identify the strengths and weaknesses in context of macro factor
Answer :
INTRODUCTION
Business environment involve several micro and macro elements which influence on companies operations indirectly or directly. It consists of competitors, suppliers, management, customers, employees and many more. There are three kinds of companies such as private, public and voluntary which are having distinctive functions and scope. There are various types of business, so managers need to design and regulate systems by which they provide services as well as goods according to persons demand.
Different types and purposes of organisations
Each and every organisation varies with each other as they include different scope, objective, size and structure. Environment is dynamic and keeps on changing with time, so it is necessary that appropriate transformations are made by entrepreneur to make firm function in according to market conditions.
Public sector organisation:
Voluntary organisation:
Private sector organisation:
Sole proprietorship: This is defined as small firm which is originated and controlled by a single person.
Large multinational: This specifies that market have various enterprises which have branched established in number of countries.
Partnership business: These are organisations which are started by individuals which comes together to establish business such as BBC
Scope is concept which defines information about goal and objectives which entrepreneur requires achieving. These are taken as benchmarks used by heads to design system and execute business operations in adequate manner.
Micro, small and medium-sized enterprises: These are firms which have limited capital and manpower, so it is essential that adequate business operations are executed which help entrepreneur achieve goals and objectives
Limited Companies: This form of tactic includes organisation which are either public or private.
NGO: This defines to non-government organisations which are started by individuals to provide adequate things in market for fulfilment of needs and wants of public.
In this report, it is concluded that it is necessary for each type of organisation to analyse its environment in an effective manner. As outcomes aid in managing their alternatives easily. Therefore, they can improve their goodwill as well as reputation within a marketplace. In this assignment, there is a description of private, public and voluntary. In business, there are various sorts of departments like as human resource, marketing, sales, finance and many more. You may also like the sample on "How business communicate".
Suggested Samples:
- Unit 9 Business Organisation Pearson BTEC Level 5 HND Diploma in Business
- SPRING 2018 -How Business Operate - CBC College - Level 3
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