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ASDA and Oxfam are the two contrasting businesses that I choose to present. Their ownership, purpose, sector of activity and type of business will be explained in details.

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Introduction

Unit 1 P1 Additional work ASDA and Oxfam are the two contrasting businesses that I choose to present. Their ownership, purpose, sector of activity and type of business will be explained in details. Ownership ASDA is a public limited company, which is also known as a PLC. An American retailing company called WAL-MART owns ASDA. Its shareholders own the company and this causes the ownership to constantly change, as the shares are constantly bought and sold. Most of the companies' shareholders are generally, old aged pensioners, banks and insurance companies. Before a PLC can be launched, they must have �50,000 or more and it must have a good financial record and, there must be enough people interested in buying shares in order to have a successful floatation. Floatation is when a company is on the Stock Exchange and is then launched to the public. WINES PLUS' Ownership Wines Plus is a partnership and is run by its owners. ...read more.

Middle

It is also run by a board of Directors who are trustees in law. The private sector encompasses a vast array of different profit seeking organisations ranging from very small-scale social enterprises, to medium and large privately or publicly owned domestic companies, to major multinational corporations. The private sector is characterised through companies and the business environment in which they operate. Oxfam GB believes that the private sector plays a central role in development, impacting on or contributing to poverty reduction in many different ways. Where there is a healthy, vibrant, thriving and responsible private sector, there are greater possibilities for sustainable development and economic growth that can lead to poverty reduction. The operations and activities of charities in the UK are regulated by the Charities Act, 2006. All charities in the UK are required to keep annual records, prepare annual accounts and make the accounts available to the public on request. ...read more.

Conclusion

Company's mission and purpose One of Oxfam's aims is to relieve poverty but its efforts are being increasingly undermined by changes in the world's climate. In many parts of the world effects of climate change like increased flooding, droughts, or rising sea level rises are hurting the poor who are dependent on predictable weather patterns. The negative impact of climate change on food and crops can mean no food and no earnings which makes it more difficult for Oxfam to achieve its aim of ensuring the right to life. The purpose of Oxfam is to provide help to country's that are suffering from disaster and flood. Oxfam also helps poor people to give, shelter, food, cloth and median The purpose of Oxfam is to help create lasting solutions to the injustice of poverty. We are part of a global movement for change, one that empowers people to create a future that is secure, just, and free from poverty. ?? ?? ?? ?? Mikel Stareyshinski ...read more.

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