Type of business‚ purpose and ownership (P1) To run a business smoothly or effectively all business have aims or purpose‚ this could be survivor‚ to grow‚ to become a market leader. A business also aims to provide exception service or to create a reputation as the best on market. Types of business To understand how business works and what they set out to achieve‚ it’s necessary to have an understanding of the main types of business sectors which exists within a business organisation. There are
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D1 – Evaluation In this task I will be evaluating the importance of different stakeholders in Tesco. The three most important stakeholders in Tesco are the employees‚ customers and owners. However‚ other stakeholders such as the trade unions‚ suppliers and Investors are also important. The employees in Tesco have some common interests as well as opposing interests. One of the most common interests the employees of Tesco have is that they want maximum wages for the work they put in. As well as
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There are different types of ownership within the business sector. <br> <br>Sole tradership is when the business is fully owned and managed by one person‚ though others can be employed to help run the business. As the sole traders only financial income is from the business and/or bank loan‚ they do not have the resources to expand and cover regional or national areas. These types of businesses are located in the small business sector and usually cover local areas. Such businesses could be hairdressers
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P1 describe the type of business‚ purpose and ownership of two contrasting businesses. For this assignment I am going to select two businesses‚ one which will be local and not-for-profit organization and the second will be an international business and for profit. The two businesses I have chosen to use for this task are Asda Stores Ltd. and Welcare‚ Reigate. Type of Business: Asda Stores Limited‚ commonly known as ASDA‚ is the second largest retail store and a national public limited company
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Land is like a human‚ it grows‚ breaths‚ and dies. So do we have the right to own it? Most people believe yes we do for we are born with this need and there’s a few who believe that we have no right to for it’s a living being and that we can’t own land but we take from it till we give it back in the end of our days. Chief Seattle’s speech is an example of native American thoughts on how they believe that when one dies they are taken into the Earth for they are giving back to the earth what they
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P1 – Describe the type of business‚ purpose and ownership of two contrasting business Help for heroes is a charitable company that was founded by Byrn and Emma Parry in 2007‚ they started Help for Heroes. They raise money for the servicemen returning from war‚ in Afghanistan and Iraq. Help for heroes have 5 different campaigns that have been done ‚ these are; swimming pool complex at Headley court‚ Relative’s houses at Headly Court and Selly Oak hospital‚ battle back‚ troop aid‚ combat stress and
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“Ownership and Self Sense” Ownership can be viewed in many different ways. Some think of ownership as a bad thing‚ while others think of it as a good thing. Before someone can establish their beliefs on what is good and bad‚ the true meaning of what they are being ased must be understood. This controversial question of whether ownership is positive or negative brings up a much more important question‚ “What does it mean to own something?”. Ownership is defined as to have possession of something
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P1 The two contrasting businesses that I chose are ‘Apple’ and ‘Action for Children’ Activities Apple Inc. Action for Children Can sell shares x Tax reductions x Limited liability x For profit x Fund by UK Tax system x Apple Inc. designs‚ manufactures and markets mobile communication and media devices‚ personal computers and portable digital music players‚ and sells a variety of related software etc. the products include; iPhone‚ mac‚ iPod‚ Apple TV etc. the company
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Unit 1 P1 Describe the type of business‚ purpose and ownership of two contrasting businesses. The first business I will be investigating is Westons Cider. In 1878 Henry Weston came to the farm ‘The Bounds’ at Much Marcle‚ Herefordshire and continued the tradition of using the fruits grown on the farms fruit orchards to make cider. Two years later in 1880 Henry Weston started developing his cider commercial after the realisation of the treat from overseas imports created due to the British Empire
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P1- Describe the type of business‚ purpose and ownership of two contrasting organisations. In this assignment I am going to be describing the type of business‚ purpose and ownership of two contrasting organisations‚ in this instance the organisations are Asda and Help for Heroes. Asda is a Public company and is a British supermarket chain which supplies various services to the customers such as: Clothing‚ Food‚ and General Merchandise etc. It has become a multi-national store leading of its
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