The type of business, purpose and ownership of two contrasting business

Topics: Corporation, Public ownership, Public sector Pages: 3 (1122 words) Published: March 17, 2014
The type of business, purpose and ownership of two contrasting business In this task, I will be describing the type of business, purpose and ownership of Thorpe Park and Langley Park for girls. For each organisation, I will have to describe the range including local, national, international and global; public, private, not-for-profit and voluntary; primary, secondary and tertiary. Furthermore, I would describe the purpose which also includes product/service and the difference between profits or not for profit businesses. To finish off, I will describe the form of ownership which includes public/private/voluntary sector; type of ownership and main implications. Langley

Range
Langley school for girls is a local business organisations; it is a business that is public so that the whole community is able to access it. Langley Girls is a Public sector because it’s being controlled by the government; they are less likely to take risks, because they operate for the benefit of the wider public and not for profit and it’s paid for through taxes that we pay. LPGS is found in Tertiary Sector because it is part of the service industry that is open to all customers. It refers to the commercial services that support the production and distribution process, e.g. insurance, transport, advertising, warehousing and other services such as teaching and health care. And they normally offer their knowledge and time to improve productivity, performance, potential and sustainability. Purpose

The Langley Park (For Girls) provides education, such as, English, maths, science and more for young students. LPGS business is different to a profit making business which in this case would be Thorpe Park, is the law that people age 4-18 should have free education, but for business that makes profits are not determined to do it by the law. This is non-tangible. Profit is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs...
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