BTEC Business Level 3 Unit 1
Shell is a multinational oil and gas company with around 87.000 employees in more than 70 countries. It is one of the world’s most valuable companies. Shell was started by Marcus Samuel back in 1833, he was a shopkeeper in London. In 1907 they merged with The Royal Dutch Petroleum Company.
1.1.1&1.1.2
Having a lot of offices/petrol stations all around the world makes them a global business and it’s a private business because it’s not owned by the government.
Their goal is to make more money than they spend, so Shell is a profit business.
Shell is in all three sectors because they dig oil (Primary Sector, they produce the oil (Secondary Sector, and lastly they sell it as well at their petrol stations. Their products are mostly oil and gas but they also have services for example, you can fill your tires with air, you can use their hoover or make use of their carwash.
1.1.3
Shell is a PLC so the liability for debts is on the company. To be considered a PLC you’re business is probably formed and owned by shareholders. Other shareholders can buy their stock quite easily. They have a lot of shareholders. As a shareholder of Shell you aren’t responsible for the debts, may the company go bankrupt.
Unicef
Unicef which stands for United Nations International Children’s Emergency is a massive organisation that tries to help children all over the world, not only to have an education but to protect child’s right in overall.
1.2.1&1.2.2
Unicef has offices all over the world, it’s a global organisation. Almost every country has an office from Unicef.
The Government helps for two third of the organisation’s funds and the other part is from the millions of people that supports Unicef which makes it for the bigger part a public organisation.
It’s a non-profit organisation, because they don’t want to make a lot of money for themselves but to raise money to help the children who for example can’t go to school because they don’t have the money for it or even
1.1.1&1.1.2
Having a lot of offices/petrol stations all around the world makes them a global business and it’s a private business because it’s not owned by the government.
Their goal is to make more money than they spend, so Shell is a profit business.
Shell is in all three sectors because they dig oil (Primary Sector, they produce the oil (Secondary Sector, and lastly they sell it as well at their petrol stations. Their products are mostly oil and gas but they also have services for example, you can fill your tires with air, you can use their hoover or make use of their carwash.
1.1.3
Shell is a PLC so the liability for debts is on the company. To be considered a PLC you’re business is probably formed and owned by shareholders. Other shareholders can buy their stock quite easily. They have a lot of shareholders. As a shareholder of Shell you aren’t responsible for the debts, may the company go bankrupt.
Unicef
Unicef which stands for United Nations International Children’s Emergency is a massive organisation that tries to help children all over the world, not only to have an education but to protect child’s right in overall.
1.2.1&1.2.2
Unicef has offices all over the world, it’s a global organisation. Almost every country has an office from Unicef.
The Government helps for two third of the organisation’s funds and the other part is from the millions of people that supports Unicef which makes it for the bigger part a public organisation.
It’s a non-profit organisation, because they don’t want to make a lot of money for themselves but to raise money to help the children who for example can’t go to school because they don’t have the money for it or even