Contrast the ownership and purposes of two of the businesses used in P1. The two businesses chosen must have different ownership and purposes. HSBC and my local newsagent are businesses with two different types of ownership and purposes. HSBC is a bank which is opened to all the public‚ all the public are entitled to use these premises only if they have a valid bank account. This is called being a public limited company. HSBC’s purposes are to help people manage their money as well as insurance
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P5-Describe the influence of two contrasting economic environments on business activities within a selected organisation Within my selected organisation‚ Tesco‚ there are 2 important economic environments that have an influence on business activities. Both economic environments will have a different way on affecting Tesco. The economic environments are growth and recession. Economic growth occurs when more goods are being produced and consumed‚ and incomes are rising. A growth company tends to
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P1 – Describe the type of business‚ purpose and ownership of two contrasting businesses. For this task I have been asked to select two contrasting businesses‚ which include both profit and non-profit sectors and some variation in size. I have been asked to focus on the type and form of the businesses‚ the purpose of the businesses and the extent of owner’s liability. I intend to briefly give a background of the businesses; this will be followed by paragraphs explaining: the type and form of the
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1) Describe the type of business‚ purpose and ownership of two contrasting organizations Sainsbury’s Sainsbury’s is the UK’s most long standing major food retailer‚ having opened its first shop in 1869. Sainsbury’s brand is built around providing fresh and tasty food for its customers. It differentiates itself from other supermarkets by offering a broad range of products at a great price‚ a strong ethical approach to business and continuous leadership. The size of Sainsbury’s consists of 504
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P1 – Describe the type of business‚ purpose and ownership of two contrasting business Help for heroes is a charitable company that was founded by Byrn and Emma Parry in 2007‚ they started Help for Heroes. They raise money for the servicemen returning from war‚ in Afghanistan and Iraq. Help for heroes have 5 different campaigns that have been done ‚ these are; swimming pool complex at Headley court‚ Relative’s houses at Headly Court and Selly Oak hospital‚ battle back‚ troop aid‚ combat stress and
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Introduction M1 Unit 1: Business Purposes Red Group 10A/Eb1 Asid Ashraf 10L Assignment 6 (M1) Scenario: The Editor has asked me to identify and research two different businesses in the area to help promote them to the local community. Requirements of M1: Contrast the ownership and purposes of two different business organisations. Task 6(a): Select two businesses to contrast (your choices must be checked and approved by your teacher). The two businesses are Tesco and Oxfam. Task 6(b): Use the same
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name Level QCF Level 3: BTEC National Unit number & title Unit 21: Aspects of Contract & Business Law Credit value 10 Assessed by Date issued Deadline date Brief Internally verified Date Signature Aim and purpose This unit introduces you to the operation of the law of contract as it applies to businesses. You will also apply to consumer situations and consider the meaning and effect of standard form contracts. Unit introduction A business can only make
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P1 The two contrasting businesses that I chose are ‘Apple’ and ‘Action for Children’ Activities Apple Inc. Action for Children Can sell shares x Tax reductions x Limited liability x For profit x Fund by UK Tax system x Apple Inc. designs‚ manufactures and markets mobile communication and media devices‚ personal computers and portable digital music players‚ and sells a variety of related software etc. the products include; iPhone‚ mac‚ iPod‚ Apple TV etc. the company
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I am going to evaluate the influence that stakeholders exert on Zotefoams PLC. I will be evaluating the following stakeholders: customers‚ employees‚ shareholders‚ suppliers‚ the government and owners. Customers Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons; customers do not want to have to spend an excessive amount of money to purchase a product‚ so if one of Zotefoams competitors can produce
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D1- Evaluate the influence different stakeholders exert in one organisation. I am going to evaluate how important it is for stakeholders to exert on an organisation. This is stakeholders such as employees‚ customers‚ shareholders‚ suppliers‚ owners and the government. I will also state if the influences have positive/negative effects on the long term success of the organisation. Woodbridge- The two types of stakeholder I am going to explain are students and the local community. Students can
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