• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Analysis of Decline and Rise of Various Business Activities in the U.K.

Extracts from this document...

Introduction

In this task, I will need to decide what the core activity is in each of my two businesses and whether they are dealing with products, services or both. In the UK some of these business activities are becoming more common and others are becoming less common. I will need to find out the broad trends for these business activities and how they affect the businesses that I am investigating. The legal status of Freelance Audio Productions is an equal partnership between Martin and Nikki Rider. The company was set up in 1986, but has only been trading as Freelance Audio Productions for four years. The company doesn't make a product, the service it provides is audio production based which includes performance arts, supplying of equipment and supplying of production services and facilities. FAP falls into the category of the Tertiary Sector. There are many departments that operate within FAP, but there are two departments that control most of Freelance Audio Productions. These are Stage sound and Showbiz. Stage Sound. FAP Stage Sound has been in operation for fourteen years but has only been working under Freelance Audio Productions for the last four years. ...read more.

Middle

(Appendix 4) FAP can be affected by the secondary sector. The only way that FAP is affected by any other sectors is the fluctuations in manufacturing of electrical goods in the secondary sector. This can cause problems when attempting to purchase specialised equipment for shows or upgrading the current range of products. Conclusion. Although currently small, Freelance Audio Productions is growing very fast as a result of the tertiary sector departments that it is part of. Over the next few years, new contacts with other businesses in the UK will be made, and maybe other sectors will come as a part of the company. The legal status of Lantra is a charitable limited company. Lantra is owned and run by a board of directors. If Lantra goes 'bust' or 'bankrupt', each director has a liability of one pound. Lantra has a very complicated range of services. Most of the services is education, training and policy work for the government. Most of the work is in the land based sector, which is to do with farming, agriculture and environmental conservation. Lantra sets the standards that the GNVQs are set upon. ...read more.

Conclusion

Lantra is primarily based in the tertiary sector as it deals with training, education, and the selling of a product, retail. Previously, Lantra was a primary sector, land based organisation. As recent trends show, the primary sector is in rapid decline (Appendix 3) so the company had to think up a new idea to save the business. This is when selling training courses as a product and the company Lantra Awards came into play. These two ideas brought Lantra into the Tertiary sector which is an overall higher earning sector (Appendix 1). This would have both increased the companies value and broadened the types of customers. If the Primary sector decreases, Lantra will be injured as the company still relies mainly on the land based agricultural departments. If the need for more farms arrives, this would be perfect for the training aspect of Lantra as the business would rocket. Conclusion. Even though Lantra is in the primary sector, which is decreasing, the departments which are in the tertiary sector provide a safety net and a higher income. I think that Awards and Agenda will take over and NTO will slowly disappear as the need for agricultural based activities is in decline. Thomas Rider GNVQ Intermediate Business 1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE People in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE People in Business essays

  1. The agricultural revolution in England.

    This may lead to good exam results. Teachers do challenging work, which motivates and stimulates them; WHS will not have to spend lots of money on staff training if the staff are well motivated. A well-motivated workforce is most likely to work hard and more effectively. WHS will have teachers that are properly qualified to do the

  2. This is a report on Marks and Spencer a well known retail company in ...

    It also increases the potential for decisions to be implemented as employees help make, and "own," the decision. Vandevelde was sensitive to the changes of the environment and the power some external stakeholders had. This was reflected by what he did in response to the competition and the interviews conducted with the public media.

  1. Free essay

    GNVQ Business Studies Unit 1

    * Marketing department Other Businesses: Pascall contact other businesses to discuss putting up Pascalls posters or broachers in the business. This is normally done by phone or email, this does not need a meeting because they are not signing a contract but just paying for them to display Pascalls advert.

  2. What products and services do you think are at Drayton Manor?

    Food Outlets Within Drayton Manor there are a variety of food outlets within different areas of the Theme park these are stated and in detail below. Main entrance First & Last This is ideal for having when entering the Theme Park and exiting the Theme Park.

  1. Management science.

    Modernists saw organisations very much the same way functionalists' theorists saw them. Bureaucratic control was one of the main features in this school of thought. Indeed the Post-modern organisations are thus different from the traditional modern bureaucracy where people were subject to rationally set rules of regulation and hierarchical control.

  2. Swot Analysis

    In terms of leadership, there was a manager in plain sight throughout our visit. The manager showed involvement by taking orders and coaching employees. Our group compared and contrasted McDonald's and Burger King as follows: Comparison between McDonald's and Burger King Analysis: I.

  1. Bachelor of Arts

    HR has sought to automate and introduce electronic processes, in order to streamline its various staff function. These include the introduction of an electronic company wide web based Internal Career Opportunities Program (ICOP), that provides employees anytime/anywhere access to available opportunities within the company.

  2. Health and safety at work analysis

    50 kg box of equipment around the whole department as this could lead to injury and some people are just not capable of doing such heavy work. It's also not wise if there are heavy vehicles such as forklifts driving around shop floors as some ones likely to get run over!!

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work