In the United States or Canada there are many forms of business ownership. Many business owners‚ in the US‚ who decide to start-up their own business must carefully choose a form of business ownership for their corporation‚ this will determine the legal arrangements of the business. The reason it is important for a business manager to choose a legal development for his company is because this decision will have an effect on matters such as taxes and regulatory requirements. If an executive manager
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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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Customers that come from Devon and Cornwall are offered a reduced price. | A large amount of customers are key to ensuring that Coco-Cola have high profits. This means that Coca-Cola will want to make sure their products are of a good quality to ensure business in future. Coca –Cola will want to ensure customers choose them over their nearest rival for example‚ Pepsi. So they would try to stand out from other rivals. | Employees | An important factor for the Eden Project is the job satisfaction as employees
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Describe the type of business‚ purpose and ownership of two contrasting businesses. Type of business The two different companies I will be looking at are Tesco and The British Heart Foundation. Tesco is an organisation which produces profit by selling goods to the general public‚ they usually sell food but now they are gradually bringing in other products‚ for example home décor and clothing. Tesco has different brands within the brand itself‚ for example they have Tesco’s Finest‚ Best of British
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Contrast the ownership and purpose of two different business organisations. John Lewis Zebs Type of ownership John Lewis Partnership’s seven principles define how we run our business. They are as relevant today as they were when they were set out by our founder‚ John Spedan Lewis‚ in our constitution. Zebs is owned by one person which is called a sole trader as they run the business by themselves and don’t count on other people Purpose The Partnership’s ultimate purpose is the happiness
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Types of Property Ownership By Jack S. Waverly‚ eHow Contributor Share Tweet Share PinThere are five types of property ownership. The use of these types can depend on the state and the law where the property is located. Each type of ownership also dictates the amount of ownership and how ownership is transferred after death. It does not matter where the owner resides. Have a question? Get an answer from a lawyer now! Other People Are Reading How to Convert Joint Tenants to Tenants in
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Unit 1 - Assignment 3 Outcomes Task 1 & 2 Pass - Describe the influence of two contrasting economic environments on business activities within a selected organisation Task 3 Merit - Analyse the impact of changes in demand and supply on a selected business Distinction - Evaluate to what extent a selected business is likely to be affected by changes in the economic environment The managing director of Spangles Ltd was looking at some UK economic forecasts which had been given to him.
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P2- Describe the different stakeholders who influence the purpose of two contrasting businesses P3- Describe how each business is organised Key stakeholders in Make A Wish Make a wish get a lot of supports from companies each year to help make wishes come true some of the companies are: Flight centre limited raise enough money to grant 25 magical wishes to come true. Some of the wishes cost thousands of pounds to make come true especially if they want to go aboard.
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P2- Describe the different stakeholders who influence the purpose of two contrasting businesses. A stakeholder is anyone with an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments‚ these are
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P2: Describe the key stakeholders who influence the purpose of two contrasting organizations. Google A stakeholder in a business is any individual or group with an interest in the decisions made by that company. Some of the stakeholders are internal to the business‚ such as its employees. Some are external to the business such as Google users. The key stakeholders in a business are customers‚ suppliers‚ employees‚ local and national communities and government. Employees- employees are one
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