The situation which is prevailing inside and outside the business organization is termed as a business environment. This environment affects the business activities in one or the other manner and assessment of this environment is highly essential in order to ensure that any of the activity is not getting hinder due to the influence of these factors. This also aids in identifying potential opportunities and prevent potential threats (Allen and Raynor, 2011). This report is mainly emphasized on the working of the different working organization. Moreover, this report enables the reader to understand the reason for the existence of an organization and the characteristic of the country environment in which the business is carried out by a firm.
Q1. Identification and description of legal structure and purpose of different types of organization
Four types of organization have been selected which operates its business in the UK. The legal structure of those organization are described below:
Table 1: Legal Structure