• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

What do you understand to be the purpose of a business organisation? How does it differ from those you find in other organisations?

Extracts from this document...

Introduction

What do you understand to be the purpose of a business organisation? How does it differ from those you find in other organisations? In the business world there are many different types of organisations. In my essay I will explore this (Figure A) also see how these organisations differ in various sectors especially in terms of purpose. Definition: Business organisation can be characterised by a division of labour which allows employees to specialise in particular roles and occupy designated positions in pursuit of the organisation objectives. Organisations have agreed structures, a system of authority, rules and regulations. But there are also those simple enterprises (sole traders) which one individual carries out all the responsibilities. Figure A Public sector The public sector is made up of organisations which are accountable to the local goverment or central goverment. Their main purpose is to provide a service unlike, the private sector whose main purpose is to make a profit. Organisations in the public sector are funded by the government via taxes. ...read more.

Middle

Co-operatives Co-operative are business organisations where all the members have a hand in running the business including the responisiblites and decision making. The profits are shared equally amongst all members. All the members have equal voting rights. Sometimes decision making can be delegated to a manager to improve efficiency, examples include retail high street stores. Non profitable organisations There other non-profitable organisations which are known as voluntary business. Their main purpose is to help a cause e.g. charities. Their main objectives is to raise as much money as possible. So they can help their cause more. None of the members keep the money as profits, all their income must go towards the cause. Private sector The private sector includes all the businesses set up by a individual or a group of people. Their main purpose is to make a pofit. The types of businesses in this sector vary considerable some are small retail shops with one owner to multi-nationals which operate in various countries e.g. ICI The businesses will vary according to their legal form and their ownership. ...read more.

Conclusion

Figure C The diagram above illustrates the typical structure of a Private Limited Company. Which is more complex and communication between parties would be harder. So if a worker wanted to raise a complaint it would have to go through all the levels of the hierarchy making this harder and more time costly than if the same situation appeared in a sole trader. Decision making would also be more difficult in incorporated businesses as delegation would depend on various matters, including the structure the business decides to utilise. The personnel involved in various businesses vary. In a sole trader it may involve 2-3 people but in a Public Limited Company it a may concern 300-400 people. When comparing a private sector business with a public sector or a non profitable business the main difference that appears is the purpose of the business for some it is to make a profit and in to others it is to provide a service or even to help a cause. Details required Example Your name A.Another Module name and number 102cbs Foundation of Business Organiations Module tutors B Another Seminar group / time Seminar A - Monday at 1200 Programme name and year Eg. MktJI1, COMP(2+2)1 etc ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Assignment to investigate two types of business organisations - Sole traders and partnerships.

    How are the profits/losses shared? "I give out part of the profits as wages to the employees and I keep the rest. Well as for losses, unfortunately that all comes out of my back pocket!" 7. Where do you see yourself in 10 years time?

  2. English for business

    The respect of colleagues ? Working conditions ? Status in your organization ? Learning something new ? Personal freedom ? Exercising power ? Helping other people ? Being promoted ? Making money VIII. Advertisements for jobs vary considerably in style. There are advantages and disadvantages in using the dynamic style.

  1. tesco aims and objectives

    Internet has become more and more popular, and is now a popular trend in every household. Tesco exploited this and created a website which sells food items and financial services. Thus by using the Internet changed its objectives from not only having the local market but each and every customer in the UK.

  2. Applied Business Unit 1

    electronics I.C.T The production sector has functions that need aid of I.C.T to work efficiently. E-mail to communicate with other departments and suppliers regarding issues for e.g. material availability and cost. Telephones are used to communicate with factory managers if another batch of products is to be made.

  1. Business Studies

    > Where employees leave the organisation under unfair circumstances > Employees have the right to pursue their claim with the AIRC > The AIRC needs to consider whether the employee was; - Notified of a grievance - Given an opportunity to respond to managements claims - Warned of unsatisfactory work

  2. Business studies - Business Plan

    This would have to be in a central area if I wish to have a chance for it to survive but with a good loan and location it should be no problem at all. I am always up to date with work which will be needed to make order for

  1. Business Plan. After putting a lot of thought into what kind of business we ...

    A major difference between aims and objectives is in terms of specification. An objective is always as specific as it can be, whereas, an aim as compared to objective can be considered as slightly vague. Aims can be considered as a general statement.

  2. business aims and objectives

    * Keep customers satisfied. * Advertise to people. * Have at least 3 different peripherals in stock ready for sale * Test each and every peripheral before sale for extra customer satisfaction Components Selling components to people who want to upgrade their computer. They will also sell CPU, HDD etc * To make a profit.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work