Question
You have been asked to provide a slide (or equivalent) presentation* lasting around
20 minutes on ‘The context of L&D’.
The presentation could be for new starters in your team or to other key stakeholders in your organisation. You should assume they will have less understanding of organisations and L&D than those with a longer experience of employment in an L&D role.
Solution/Answer
Slide 1
In the contemporary business environment, organisations vary in types from a small organisation to multinational global organisations operating in almost all regions globally (Anantatmula & Stankosky, 2008).
SMEs– in this type of organisation, one trader operates them hence identified as small business or medium business
Limited company (Ltd)– this is a private entity that is owned by particular individuals with the general public restricted from buying shares
Public Limited Company– this is an entity which have shares that can possibly be traded in the public
Public sector- This include the government institutions where the government is identified as a major employer
Private organisation- this is operated by shareholders who are involved in developing products and services and offering them with the purpose of creating profits for investment in a business and operate together progressively.
Voluntary/nonprofit– this is inclusive of charities and other entities involved in provision of services to the population without any intention of profit making
Slide 2
rganisation Style | Differences | Similarities |
Small Medium Enterprises (SMEs) | The groups in this category include the sole trader, small business and medium business | They are established to accrue profits to the owner |
Limited Organisation | Specific individuals are the owners with restrictions to the public from buying any share | They are set with an aim of achieving particular gap |
Public | These are the government bodies and institutions | They are intended to facilitate services delivery to populations |
Voluntary/not for profit | This include charities and other group of organisations tasked with the role service provision with no profits gained | The primary driver is the values with minimal political interference |
Private | This include different organisations that make products and services and later sell them at a cost | It is intended to gain in terms of profits to owners |
Public limited organisation | Their shares readily available in public platforms for subscription | They are founded on the need to deliver services to population |
Slide 3
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