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Business Environment

University: regent college of London

  • Unit No: 0
  • Level: Undergraduate/College
  • Pages: 6 / Words 1554
  • Paper Type: Assignment
  • Course Code: H/601/1747
  • Downloads: 805


 Environments have a major impact on entire corporate world because policies and norms of an enterprise are based on micro and macro elements. However, it is essential to study the various components in order to attain organizational goals or objectives in a defined time frame. Beside this, number of things get changed such as; choice or preferences of society, rules and regulations of advisory bodies hence forth. In order to understand each or every aspect of business environment Company needs to analyse indispensable elements so that they can run their enterprise in appropriate manner (Avramenko, 2012) . Therefore, assignment is going to throw lights on various types of organizations such as; private, public and voluntary with relevant examples. For example; Google is a most leading private corporation whose main motive is to gain maximum benefits by satisfying the needs of distinct clients. Along with this, size and scope of several type of associations are also outlined in this project as well as determine their company structure in order to assist them towards corrective path. Furthermore, focussing on impact of macro environment on company success and interrelationship between SWOT or PESTLE is also described in this report.  


P1 Business's with legal structure and their purpose

            There are various types of organisation that exist in the environment and each have of them have different purpose. Thus, based on which they are categorised on the basis of public, private and voluntary section in order to fulfil the respective target affectively. It basically offer immense employment opportunity by attaining the overall purpose of an organisation successfully.  The role of public company is to facility the society and deliver effective policy in order to enhance the economic condition of the state. It basically involve the interference of government to improve the infrastructure, construction services as well as local educational facility to promote the functioning of overall country. Like Royal Dutch Shell is the oil and gas reserve which is the one of the largest companies that help to preserve the natural resources and develop sustainably. Therefore, it is established for the legal functioning and in order to do so they receive the funding from legal community.

            Along with that private sector is distinct from public sector as within this the owner run the business in order to maximise the profit and diversify business in national as well as international boundaries. In relation to Google it directly directly help the firm to conduct portfolio investment and mitigate the chances of risk by earning huge income source for business and within stipulated time period. There are different types of private firm whose nature differ from one to another like the role of Sole proprietor is to run the small business just with the purpose to attain adequate living standard instead of taking risk to diversify the business. Along with that within partnership business two or more than two partners work together in order to share profitability. They basically function after the preparation of partnership deed that consist the name and share of each and every partner. Further, within limited company the large company like Google which is multinational company gains the huge amount of revenue and offering a platform to people and engage with them successfully.&n

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