Types Of Organisations And Stakeholders Within The Business Environment Flashcards
(11 cards)
What are the types of organisations?
Public, Private and Voluntary/Charity
What are public organisations?
Any organisation that is owned and operated by government agencies (e.g. schools, libraries)
What are Private organisations and what are they driven by?
Private sector organisations are owned by individuals and are driven by making profit (this profit benefits the owners of the organisations, their stakeholders, and investors)
What are the types of private organisations?
Small or medium enterprises (SMEs), Large enterprises, Non-governmental organisations (NGOs)
What are the two groups that an NGO can be divided in?
Operational - these NGOs focus on design and implementation of development projects
Advocacy - these NGOs promote and/or defend a specific cause and seek to influence public policy
What are Voluntary/Charity types of organisations?
Charities are organisations whose purpose is to benefit society, often without profit as a motive and with little or no government intervention.
Charities are registered with the Charity Commision and operate purely for charitable purpose
A Charity must be:
- established for a charitable purpose
- subject to the High Court’s charity law jurisdiction
What is the difference between a Charity and Not for profit
A Not for profit is not elegible for the Charity Commision and therefore doesn’t have all the restrictions that a Charity has
What is a stakeholder?
A stakeholder is someone who has an interest in the business, and who can either affect or be affected by the business’s operation and performance
List 4 internal stakeholders
Owners, Board of directors, Emplyees, Departments
List 4 external stakeholders
Customers/Consumers, Clients, Direct/Indirect Competitors, Outsourced services and suppliers, Shareholders, Investors, Funders, Governmet
What are the 3 types of business environmet?
B2C, B2B, B2M
