Oxfam
History
The company was founded by William Morrison in 1899 who started the business as an egg and butter merchant in Rawson Market, Bradford, England, operating under the name of Wm Morrison Limited. His son Ken Morrison took over the company in 1952 aged 21. In 1958 it opened a small shop in the city Centre. It was the first self-service store in Bradford and the first store to have prices on its products, and it had three checkouts. The company opened its first supermarket, "Victoria", in the Girlington district of Bradford in 1961.
The name “Oxfam” comes from the Oxford Committee for Famine Relief, founded in Britain in 1942. The group campaigned for food supplies to be sent through an allied naval blockade to starving women and children in enemy-occupied Greece during the Second World War. In 1995, Oxfam international was found by a group of independent non-governmental organizations. Their aim was to work together for greater impact on the international stage to reduce poverty and injustice.
Type of business
Morrison is a national public limited company in the UK. It is a tertiary business sectors selling goods.
Oxfam is a charity company. A Charity is a foundation created to promote the public good. It doesn't keep profit, but to expand. It relies on money given from the public voluntarily, it is a non-profit organization. A charity is all about fundraising and giving to causes, it is a type of business because it does make profit, which is given to charitable causes.
Ownership of the business
In a public limited company, owners can sell the share to public. It means the business is owned its members. It is available to all citizens. They will get commission in forms of dividend. Any shareholders can tell their own opinion to the company. The company will listen and act their comments. They will have their vote for deciding decision in meeting in conference.
Oxfam is an international association of 14 organizations, working in 98