HASSAN BBAALE BWANIKA
BTEC BUSINESS – level3
INVESTIGATING BUSINESS ORGANISATIONS IN EAST LONDON
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 price of 25p. During the expanding, in 1950s and the 1960s Tesco grew organically, and also through acquisitions, until it owned more than 800 stores in Europe. And in 60s supermarkets started to expand rapidly by selling more products in ever larger stores and In 1961 Tesco Leicester entered the Guinness Book of Records as the largest store in Europe. In 1990s Tesco continued to tighten its grip on the UK with more store openings and an aggressive marketing campaign in an attempt to overtake Sainsbury’s as the UK’s leading grocer. In 1996 it also expanded overseas opening shops in Poland, the Czech Republic, and Slovakia. And tesco.com was launched in 2000 and the supermarket continued to expand its range of products, which now includes clothes, electrical and personal finance products. A till in 2004 when they entered the broadband market and Tesco now operates in more than 13 countries. (www.wekipedia.com/Tesco)
NHS is a public sector organization and all its activities carried out by central and local government or publicly funded and to add on this, anyone wishing to set up in business will need to begin by deciding, not only which goods or services to provide, but also which the form of business organization is the most appropriate. NHS as a public sector, its owned by the government of four countries and it is the collective name given to the four public health services of England, Scotland, Wales, and also Northern Ireland. It was given England’s name as NHS. Its creation in 1948 was based on the proposals of the 1942 by Beveridge reports that were designed to end the situation where most patients had to pay for their health care. Free treatment was sometimes available from teaching hospitals and charity hospitals, such as the Royal free hospital. But after the outbreak of Second World War, the LCC was running the largest public health service in Britain and are till things changed all over Britain people to get free public...
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