Aims,ownership and stakeholders of Tesco and UNICEF

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  Assessment activity- 1.1

Unit 1- Range Of Different Businesses

Introduction

In this assignment I will carry out an investigation on two organisations. In P1, I will describe the type of business, purpose and ownership of two contrasting organisation. The organisations I will be looking at are Tesco and UNICEF. In P2, I will describe the different stakeholders who influence the purpose of these contrasting organisations.

P1- Describe the type of business, purpose and ownership of two contrasting organisations.

Tesco

Business Activity

Tesco is a British multinational grocery and general merchandise retailer. It is the third largest retailer in the world. It has stores in fourteen countries across Asia, Europe and North America. Tesco PLC is a global grocery and general merchandise retailer headquarter in Chestnut in the United Kingdom and it is the largest British retailer, inclusive of global and local sales. Tesco is the fourth largest supermarket chain across the globe, after America’s Wal-Mart and The Home Depot and The Carrefour of France. Tesco was a market chain of only food supplies, but now, it has expanded into markets such as electronic goods, selling and renting DVD’s, clothes, internet service, consumer telecoms, compact discs and music downloads.

Tesco is under the tertiary sector, they provide services and products to individuals and businesses.

Tesco purposes

Many business are set up to make profit. To make profit, a business need to make sure that the money it receives from sales activities is more and can cover all of its running costs. They need to provide goods that customers are willing to buy at prices that are higher than the costs  of supplying those goods. Most of the business set up are to make profit. The main purpose of Tesco is to supply a wide range of goods and services to their customers which it sells both online and in stores. It also offers financial services like its own credit card ,personal loans and various types of insurance. They also provide a home delivery services to online shoppers. Although on their website they claim that their main purpose is to provide excellent goods and services to their customer but they want to sell and make profits.

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Tesco ownership

Tesco is a public limited company so it is owned by shareholders.  Shareholders can be defined as the people who own shares of stock in a corporation or mutual fund. Tesco is owned by thousands of people. This is because Tesco is a public limited company. The reason for Tesco being a Public Limited Company is because of its size. Tesco is owned by shareholders who fund the company. This happens by the people buying shares in the company and becoming shareholders. Sometimes this may seem more appealing to the people investing in a company as they have ...

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