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TLDSY1 5.1 Know the purpose and sectors of organisations

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Know the purpose and sectors.

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TLDSY1 5.1 Know the purpose and sectors of organisations
 

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TLDSY1 5.1 Know the purpose and sectors of organisationsOnline version

Know the purpose and sectors.

by Muhammad Asif
1

Understanding the business environment helps organisations adapt to changing conditions . The varies : some provide a service , others provide a product . The includes ) , , and ) . The exists , and bodies operate not for profit . Knowing the different business models , such as ) , and ) , clarifies strategies . include , , and ; include , , , , , and government .

2

Organisations exist to satisfy needs by either or . The includes many entities from small or medium - sized enterprises to . operate independently from governments , often relying on voluntary contributions . The delivers essential services to citizens , while voluntary or charity organisations rely on donations and volunteers to achieve their missions .

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