Business Environment

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In the business world, there are different types of business entities and can be categorized using different parameters. There are sole proprietorship businesses, partnerships, companies and others also exist as franchises. All of these types of business organizations have the objective of meeting client needs, make profits and grow from one level to another. Each business setup works differently from the other as they all have different platforms on which they run, with different goals, and also offering different services or goods. They all target to satisfy their stake holders differently. With this in mind, most organizations will craft their objectives and missions towards fulfilling the expectations of all that are involved by making good returns on investments by the stake holders (Business case studies, 2013).
Organizations run on managements platforms which are there to ensure total productivity of the businesses. Responsibilities of business organizations range from those meant to serve the interests of their customers, stakeholders and other related responsibilities. These are among the other responsibilities that the organizations have, and they put down measures and plans on how to achieve them, basing on the kind of responsibilities in their priorities. Drafting of a clear business plan has been known to be a key method of achieving their responsibilities. There are also long and short term goals set out at periodic or set intervals of time. Most businesses will use such to gauge their productivity and achievement of their responsibilities. There is need for a balanced growth in terms of the objectives of businesses, meaning their missions are not restrained to profit making but other cooperate and social responsi...

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...nizations, allowing international trade to thrive in this region. EU policies on trade have helped secure the trade interests of Europe, and UK businesses have been party to these benefits (Clark and Lorgan, 2006).

Works Cited

Stonehouse, G, Campbell, D &Purdie T. (2004), Global and Transnational Business: Strategy and Management, 2nd edition, North Umbria University: John Wiley & Sons ltd
Clarke, R, Lorgan, E.J. (2006), New Developments in UK and EU Competition Policy. 1st edition
Northampton: Edward Elgar publishing ltd.
BTEC, 2013, The main functional areas within business organizations. Viewed 25th Nov http://www.teachmebusiness.co.uk/page29/page16/page18/assets/Functionalareas.pdf The times 100, 2013, Business case studies: Types of businesses. Viewed 25th Nov
http://businesscasestudies.co.uk/business-theory/strategy/types-of-businesses.html#axzz2lchYOmCy

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