The entire study will shade on the organisation type, size and structure. It will provide discussion on different kinds of ventures like private, voluntary and public. It will discuss about the size of the organisations. The relationship of different ventures will be discussed. In order to understand the macro and micro environment of ventures, SWOT and PESTEL would be done. The success of ventures helps to develop the
The economic development of the country depends on their industrial business. If the government of country is able to develop their industry, it can bring improvement in the financial condition. There are different kinds of organisations like private, public and voluntary in the country. Different organisations serve different role like public service in the country for developing the economic condition. Henceforth, in order to run the organisation in the effective way, the business authority needs to make effective research on the market. In order to analyse the macro environment of the venture, PESTEL analysis will be done. On the other hand, SWOT analysis helps to analyse the micro environment of the organisation. In order to run the business in the appropriate way, scope and purpose of business will be provided. The organisational theory has been analysed for develop the study. Therefore, the study on business types and size will provide clear conception about the role of industry in the contemporary era.
There are different types of organisation like private, voluntary and public in the country. As mentioned by Holsapple et al. (2014, p.140), the economic growth depends on the organisations of country. Therefore, Oxfam is taken as voluntary venture, the Child Poverty Action Group is taken as public sector and Bestway Group Company (North London Chamber of Commerce and Enterprise) has selected as private sector. The purpose and types of venture are followed by-
An organisation can be defined as a group of people working together to achieve a respective aim and vision. Such form of operation is not available in business aspect, but the term is related to team or group activity. If a respective team tends perform a collaborative operation by communicating each other, it will form an organisation. There are different kinds of organisations and those are based on nature and characteristics. Such organisations include public, sector, private limited, voluntary based and so on.
Purpose: Different organisations hold different purposes. For example, a public sector based organisation may not match with a voluntary organistion. It is not only a mayter of mission or vision, but such differences are also applicable according to organisational strucrure and related operations.
Sustainability is an important factor for any kind of organisation and private limited company targets optimum security to remain in an operational field. Such organisations have restricted liabilities as well limited availability shares in the market. Such guidance is specified in laws and regulations and such fixed legal limitations are not followed always. Some of the major charactertics of private limited company are like restricted and secure financial strategies, limited share holders, authoritative body for decision making and so on.
Purpose: The purpose of a PLC is to maintain a sustainable position in the market having the authority to make individual decisions. This prospect has lead to manage restricted shareholders in the market and that is not more than 50 nos in most of the terms. The purpose of private sector is to bring economic development of the country. In case of Bestway Group Company, the authority provides support to the business ventures for expanding their business. They try to increase employment of the people in the respective country.
According to Teece (2014, p.350), private sector helps to improve the economic condition of the country. It provides employment to the people as they can earn money for living.
However, Bestway Group is the private sector, which offers effective membership to the business authorities for running their business in the appropriate manner. The head quarter of the venture is at Hertford road, UK (arcadia.co.uk, 2017).
The private sectors need to maintain their legal structure like partnership, sole trader, franchising in the effective way. In case of Bestway Group Company, they try to their franchisee as they can expand business in the efficient way.
The voluntary sector is a non-profit sector, which fights for providing justice to the people of the specific country. As commented by Achtenhagen et al. (2013, p.440), the voluntary sector helps to enrich the society in the appropriate way.
Oxfam is a voluntary sector, which was established in the year of 1942. The motto of Oxfam is to help people, who are suffering from poverty. They help people as they can lead their life in the healthy way (oxfam.org.uk, 2017).
The purpose of voluntary ventures is to help poor people as they can lead nutritious life. In case of Oxfam, they try to provide different types of services like providing meal, financial and so on for removing poverty.
The legal structure of voluntary venture is followed by-
The venture is run by the management committee, who are unpaid.They try to maintain CLG (Company limited by guarantee)
CIO (Charitable incorporate organisation)
The Oxfam tries to maintain the above-mentioned legal structure in the appropriate way. As per the structure, the employees need to faith on other employees for running the venture appropriately.
As per the viewpoint of Longenecker et al. (2014, p.56), public sector is under the government of the country. The government provide payment to the employees of public sector. The public sector employees serve to the public as they do not face any kind of problems related to requirement.
The Child Poverty Action Group is the public sector, where the employees try to provide support to the children and their parents. The agency has established in the year of 1993. They provide child maintenance service (CMS) as the child can grow up in the effective way (gov.uk, 2017).
The purpose of public sector is to serve people of the country as they can complete their regular duties like handling finance account in the perfect way. Children Service Agency helps to provide service to the children of the country.
The public sector needs to maintain equality in time of providing service. It is considered as non-profit organisation. Hence, the authority of venture should provide equal support. In case of Child Poverty Action Group, the employees are compelled to provide best service to the children as the constitution of the country is very strict.
The private, public and voluntary has its own mission and vision in order to meet the target of the organisation. Private sector follows government rules and policies in order to create their policies. This practice prevents the enterprise from governmental penalties. Public sector helps the community to reduce its negative issues from the society. Voluntary sector is a non profit sector where government also gives funds so that they can easily perform their task easily.
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