Unit 1 - the Business Environment
25TH January 2011
Unit 1 the business environment
Private sector P1:
Private sector:
For the private sector I have chosen the company Chevrolet, this is a well known American car company that sell many types of vehicles such as sports cars, 4x4s super cars, medium duty commercial trucks and subcompact cars.
The ownership:/
The type of ownership of Chevrolet is a partnership; the two founders for Chevrolet are Louis Chevrolet and William C. Durant, it was founded on November 8TH 1911.
The implications:
The main implications that Chevrolet have are that if one of the partners wants to back out of the business and take a share it may become complicated to manage who gets what. Also if the partnership breaks up one of the partners may want the business to themselves but so may the other partner, this may start complications that may need lawyers.
The business purposes:
The business purposes for Chevrolet are to become globally known around the world, to become the world’s leading car company and to sell more cars this year than any other year.
Where Chevrolet operate:
Chevrolet operate their business mainly in Salem and Michigan in the United States, they also operate in other areas of America, their also operate in parts of Europe such as England.
Private sector:
Chevrolet is based in the private sector of the economy and works for its own profits and benefits other than if it worked in the public or voluntary sector which works to benefit others.
The purpose of the Chevrolet’s business is for that business to become the leading car brand, they would like to make a 15% increase in their income compare to 2009. Chevrolet would also like to sell the most cars in comparison to other companies such as Saleen, Audi and Lexus.
25TH January 2011
Unit 1 the business environment
Public sector P1:
Public sector:
For the public sector I
Unit 1 the business environment
Private sector P1:
Private sector:
For the private sector I have chosen the company Chevrolet, this is a well known American car company that sell many types of vehicles such as sports cars, 4x4s super cars, medium duty commercial trucks and subcompact cars.
The ownership:/
The type of ownership of Chevrolet is a partnership; the two founders for Chevrolet are Louis Chevrolet and William C. Durant, it was founded on November 8TH 1911.
The implications:
The main implications that Chevrolet have are that if one of the partners wants to back out of the business and take a share it may become complicated to manage who gets what. Also if the partnership breaks up one of the partners may want the business to themselves but so may the other partner, this may start complications that may need lawyers.
The business purposes:
The business purposes for Chevrolet are to become globally known around the world, to become the world’s leading car company and to sell more cars this year than any other year.
Where Chevrolet operate:
Chevrolet operate their business mainly in Salem and Michigan in the United States, they also operate in other areas of America, their also operate in parts of Europe such as England.
Private sector:
Chevrolet is based in the private sector of the economy and works for its own profits and benefits other than if it worked in the public or voluntary sector which works to benefit others.
The purpose of the Chevrolet’s business is for that business to become the leading car brand, they would like to make a 15% increase in their income compare to 2009. Chevrolet would also like to sell the most cars in comparison to other companies such as Saleen, Audi and Lexus.
25TH January 2011
Unit 1 the business environment
Public sector P1:
Public sector:
For the public sector I