assignment business environment
Business Environment
Different businesses + their ownerships
Jodie Whitehouse
451697
Introduction-
The purpose of this report is to look at economic development matters and what encourages new businesses to locate to a new business park.
I will be investigating two contrasting businesses that will create new jobs in the local economy. For the voluntary sector I have chosen Oxfam and for the private sector I have chosen Topshop.
Task 1-
I have chosen Topshop and Oxfam as my two contrasting businesses. Topshop is a young girls and women’s clothes shop. This business is international and has stores all over the country. Topshop has 300 stores they are still growing and expanding. The owner of Topshop owns other retail shops like Miss Selfridge and Dorothy Perkins.
Topshop is part of Arcadia, a public limited company is owned by shareholders, which may be members of the public. Their shares can be bought and sold on the stock exchange. Topshop is run by a board of directors. These people make the major decisions within the business. They have limited liability; this means if the business gets into debt and cannot pay it, the business will get sued. This is known as incorporation. The shareholders’ personal assets cannot be taken to pay the debt; they are then only liable for how much they have invested in the business. The purpose of Topshop is to sell range of clothes for the public to buy, also to make profit.
Oxfam is an international charity that was founded in 1942 in England. This organisation provides help to poor countries and disaster affected areas. The purpose of this contrasting business is to help people rebuild lives working on long term projects with communities determined to help ensure they have a better future.
Topshop have their own aims and objectives, their aims are:
Profit and profit maximisation – they want to make as much profit as they can
Survival- they as a business want to be able to survive within the clothes industry
Different businesses + their ownerships
Jodie Whitehouse
451697
Introduction-
The purpose of this report is to look at economic development matters and what encourages new businesses to locate to a new business park.
I will be investigating two contrasting businesses that will create new jobs in the local economy. For the voluntary sector I have chosen Oxfam and for the private sector I have chosen Topshop.
Task 1-
I have chosen Topshop and Oxfam as my two contrasting businesses. Topshop is a young girls and women’s clothes shop. This business is international and has stores all over the country. Topshop has 300 stores they are still growing and expanding. The owner of Topshop owns other retail shops like Miss Selfridge and Dorothy Perkins.
Topshop is part of Arcadia, a public limited company is owned by shareholders, which may be members of the public. Their shares can be bought and sold on the stock exchange. Topshop is run by a board of directors. These people make the major decisions within the business. They have limited liability; this means if the business gets into debt and cannot pay it, the business will get sued. This is known as incorporation. The shareholders’ personal assets cannot be taken to pay the debt; they are then only liable for how much they have invested in the business. The purpose of Topshop is to sell range of clothes for the public to buy, also to make profit.
Oxfam is an international charity that was founded in 1942 in England. This organisation provides help to poor countries and disaster affected areas. The purpose of this contrasting business is to help people rebuild lives working on long term projects with communities determined to help ensure they have a better future.
Topshop have their own aims and objectives, their aims are:
Profit and profit maximisation – they want to make as much profit as they can
Survival- they as a business want to be able to survive within the clothes industry