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Tesco & NHS Business Introduction

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Introduction

Niya Mignott Brock Business Studies Miss Smith Task 1 Introduction For this a task I will be identifying my two main businesses that may be eligible to relocate the new business park. The first business I am going to talk about is Tescos, which is a Public limited Company. The second company which I am going to identify is the NHS (National Health Service), which in the voluntary sector. Tescos Tescos is a UK based international grocery and general merchandising retail chain. Their HQ is located in Cheshunt, England UK. Tescos originally specializing in food, it has diversified into areas such as discount clothes, consumer electronics, consumer financial services. Tescos currently have 273,024 employees which are on the rise because of the increases of new stores and also a large increase in profits. Tescos is listed on the London Stock Exchange under the symbol TSCO. It also has a secondary listing on the Irish Stock Exchange with the name TESCO PLC. Tescos was put on the stock exchange in 1947 and in 1995 took over rival Sainsbury's position as the UK number one. The company launched a home shopping service in 2000, allowing customers to order their shopping online which furthermore added to their profit The disadvantages for Tesco's being a public limited company are that shareholders expect dividend of Tesco's profits. Another disadvantage for Tescos being a public limited company is that the original owner may lose control over Tesco if too many shares are sold. ...read more.

Middle

These people are called the subscribers. Tescos is largest British retailer by both global sales and domestic market share. Tesco now controls just over 30% of the grocery market in the UK, approximate to the combined market share of its closest rivals, Asda and Sainsbury's. In 2007, the supermarket chain announced over �2.55 billion in profits Share holders from Tesco are entitle to attend an annual general meeting that happen every 18 months. An annual general meeting not just limited to Tesco it happens in most big public limited companies. Tesco sell share to raise capital .There are many reasons the public would buy shares some of them are: * To be in control of the business (depending on how many shares the person buys ) * To invest money within shares * To be entitles to a percentage of Tescos profits * To be invited to attend annual general meetings every 18 months (if you attend annual general you can vote for director of the company). Documents of a Public Limited Company There are 4 different documents need to start a public limited company. They are the memorandum of association, articles of association, form 10, and form 12. Memorandum of Association The Memorandum of Association sets out the company name, the registered office address and the company objects. y. The company's memorandum delivered to the Registrar must be signed by each subscriber in front of a witness who must attest the signature. ...read more.

Conclusion

The DH also sets priorities and targets, including those for improving cancer and heart disease treatment and reducing hospital appointment waiting times. It works to improve public health, for example by reducing smoking, and stopping alcohol and drug abuse. It also seeks to improve mental health and the care of those with mental illness. Social services are the responsibility of individual local authorities, which also employ social workers. But the Department sets the strategic direction for children's care services, such as adoption and fostering, and services for elderly people, including old people's homes. The Commission for Social Care Inspection is the single, independent inspectorate for all social care services in England. The Department also provides specialist guidance to health practitioners and social workers, and supports research to improve the quality of health and social services. Primary Care Trust The primary care trusts are responsible for spending 80% of the total NHS budget. They are responsible for delivering and improving the health of people in local areas. This means that the government most primary fund the area that needs most health care. Some Primary care trusts provide family doctors (GPs), the PCT's community teams, pharmacists (chemists), dentists and optometrists (eye care). NHS Ambulance Service Sectors NHS is in the tertairy sector because it provides a service to the public. The tertiary sector provides a service to customers .These are businesses such as retailers, travel agents, banking, education as they all provide a service or product. The tertiary sector is involved with selling products that have been though the primary and secondary sector, its one big cycle. ...read more.

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