Unit 3 International Business Research Paper
Describe the different size businesses, local, national +international – with examples
Local business- is a company close to you and there is only one in that area, for example NTM hair salon it is run by someone who lives locally and there’s only one so this makes it a local business.
National businesses are companies that are only England but can be more than one such as Morrison’s as there are lots of them around the UK but it is only UK branded.
International businesses are companies all around the world such as Krispy Kreme which is a donut and drinks shop originated in America but it is now worldwide.
Describe the three different sectors businesses operate in – private public and not for profit – with examples
Private businesses are
Local business- is a company close to you and there is only one in that area, for example NTM hair salon it is run by someone who lives locally and there’s only one so this makes it a local business.
National businesses are companies that are only England but can be more than one such as Morrison’s as there are lots of them around the UK but it is only UK branded.
International businesses are companies all around the world such as Krispy Kreme which is a donut and drinks shop originated in America but it is now worldwide.
Describe the three different sectors businesses operate in – private public and not for profit – with examples
Private businesses are