country and not just in one local area. An example of an international business is‚ Audi‚BMW‚ united nations and Tesco. These companies have locations all around the world and not just in one country‚ but they don’t have locations in every country in the world. Global is the biggest rang of business there is‚ This includes Nike‚ Coca-Cola and McDonalds. These companies have trade all around the world and have trade/ have shops in nearly every country in the world and you see their products in nearly
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There are many different advantages and disadvantages of different types of business ownership‚ such as being a sole trader‚ in a partnership‚ franchises and limited companies. Sole Trader The advantages of being a sole trader are as follows; They are easy to set up – There are very few complicated forms to fill in and sole traders can set up and run a business almost immediately. They are easy to run – The owner can do what they want‚ when they want‚ without consulting with colleagues
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Introduction Companies influenced by social sustainability have thrived due to the reoccurring needs of people‚ specifically their health. It has been made aware that a large percentage of the United Arab Emirates smoke Shisha‚ and although many believe it to be harmless because of their sweet flavours‚ it is a great deal worse for you than smoking cigarettes. In an attempt to lower the amount of Shisha- related illnesses and decrease the amount of carbon monoxide being released into the air
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plumber Advantages * Caters for needs of local people * Profits don’t have to be shared * Business affairs can be kept private * Speedy decisions can be made as few people are involved * Personal attention can be given to company affairs and customers * Easy to set up as no special paperwork is required * Less capital required as these are generally small businesses Disadvantages * Unlimited liability puts personal possessions at risk (no matter what debt
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examples MUST include a business in each of the private‚ public and voluntary sectors. Your examples MUST include a business in each of the primary‚ secondary and tertiary sectors. Your examples MUST include a sole trader‚ a partnership‚ a private and public limited company and a government run department or agency |Name of business and type of |What products or services are provided? |Is it a local‚ national‚ |Is it in the public‚ private |Does it exist to make a profit? |Is
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that it occurs. This is called unlimited liability. Raising capital could be difficult for one person and there is less capital available for expansion. A possible explanation for this is that a sole trader is taxed at a higher rate than a private company. A partnership can have between 2 and 20 partners who are also personally liable for the debts of the business‚ even where this arises from the actions of one of the other partners. Partnerships aim to make a profit and a partnership deed can be
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26 Impact of Competition Policy on Shell 29 Conclusion 31 References 31 Introduction The first section of this assignment presents the different types of business organizations that are present and their purposes. Then‚ by taking Shell company as the organization to discuss the rest of the tasks‚ it is analyzed how Shell meets the objectives of different stakeholders. The third section includes in general about the responsibilities of an organization and more specifically‚ the strategies
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America. McDonald’s is obviously a private company and is owned by a head of shareholders. It was found by Richard and Maurice McDonald’s and until today they don’t get any support by the government. Today‚ the company is leaded by Andrew J McKenna as chairman and Don Thompson as president and CEO of the organisation. These people are the main decision makers within McDonald’s organisational structure. This business is one of the main fast food companies in the world. This means they produce food
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business or organisation that is ran by individuals for a profit. Public sector is a business or organisation ran by the government for no profit‚ these organisations are part of voluntary sector. Voluntary Sector is the sphere of social activity that lets the community join in and bring them closer‚ it is also non-governmental and not for a profit. McDonalds is in the tertiary group. This means that it provides a service to the public for a profit. However if a problem occurs in the primary or the
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their problems. | Tesco’s has an aim to make profit‚ whilst the NHS has an aim to provide a service for the public. Tesco’s make profit by getting good suppliers and NHS provides a service through tax payer’s money. | Both NHS and Tesco’s have an aim to stay successful as they are both well-known businesses and organizations. | Tesco is a PLC (Public Limited Company) and NHS is more of a public service. | Both NHS and Tesco’s have aims to make sure there products are perfect. They do this by checking
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