UNIT 1 Investigating business organisa
HASSAN BBAALE BWANIKA
BTEC BUSINESS – level3
Group1. (unit1)
(25043774-20)
INVESTIGATING BUSINESS ORGANISATIONS IN EAST LONDON
Introduction:
In the Business environment there are two sectors of businesses. These are:
A private sector which includes organizations owned and operated on behalf of private individuals. These organizations range from small one-owner businesses to vast multinational corporations. For example sole traders, partnerships and Franchises.
A public sector organizations are all those which are in directly controlled by the central or local government or are controlled indirectly through some form of government- created body.
I have chosen Tesco (Private sector organization) and National Health Service (NHS) (public sector organization) to analyze for my Assignment.
TESCO. Is a private sector organization which owned by the shareholders and normal their main thing they deals with the economic decisions of individuals and households e.g. how much income they have receive, how they spend their income, and how much saving they do. That’s why the amount people spend and save will directly affect the economy as whole by generating demand for goods and services. So this organization is owned by shareholders who put their money together to make profit. Tesco as a company now, it started life in 1919 when Jack Cohen started selling surplus groceries from a stall in the East End of London. Mr. Cohen made a profit of £1 from sales of £4 on his first day. The Tesco brand first appeared five years later in 1924 when he bought a shipment of tea from a Mr. T. E Stock well. The initials and letters were combined to form Tees-co and in 1929 Mr. Cohen opened the flagship Tesco store in Burnt Oak, North London. The brand continued its rise in the 1930s when Mr. Cohen built a headquarters and warehouse in North London and in 1932 Tesco became a private limited company. In 1947 Tesco Stores (Holdings) Ltd floated on the stock exchange with a share
BTEC BUSINESS – level3
Group1. (unit1)
(25043774-20)
INVESTIGATING BUSINESS ORGANISATIONS IN EAST LONDON
Introduction:
In the Business environment there are two sectors of businesses. These are:
A private sector which includes organizations owned and operated on behalf of private individuals. These organizations range from small one-owner businesses to vast multinational corporations. For example sole traders, partnerships and Franchises.
A public sector organizations are all those which are in directly controlled by the central or local government or are controlled indirectly through some form of government- created body.
I have chosen Tesco (Private sector organization) and National Health Service (NHS) (public sector organization) to analyze for my Assignment.
TESCO. Is a private sector organization which owned by the shareholders and normal their main thing they deals with the economic decisions of individuals and households e.g. how much income they have receive, how they spend their income, and how much saving they do. That’s why the amount people spend and save will directly affect the economy as whole by generating demand for goods and services. So this organization is owned by shareholders who put their money together to make profit. Tesco as a company now, it started life in 1919 when Jack Cohen started selling surplus groceries from a stall in the East End of London. Mr. Cohen made a profit of £1 from sales of £4 on his first day. The Tesco brand first appeared five years later in 1924 when he bought a shipment of tea from a Mr. T. E Stock well. The initials and letters were combined to form Tees-co and in 1929 Mr. Cohen opened the flagship Tesco store in Burnt Oak, North London. The brand continued its rise in the 1930s when Mr. Cohen built a headquarters and warehouse in North London and in 1932 Tesco became a private limited company. In 1947 Tesco Stores (Holdings) Ltd floated on the stock exchange with a share