Comparative report on HMV and Hope House. Objectives of a PLC and a charity.

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Comparative report on HMV and Hope House.

The manager has decided he is still unsure about different types of business ownership aims and objectives. He has asked you to create a short report that will incorporate the two sections.

        Within this report he has requested you to compare and contrast the following points for your two businesses. (The two businesses must have been researched for your P1 task).

HMV

 This is a public limited company. The name of the company ends with plc / plc. Shares can be sold on stock exchange and the public can by the shares and investors can buy shares as well. Shares sold to the public bring in a lot of money to the company. HMV belongs to the tertiary sector, and is a public limited company and it’s the largest of it kind in Britain and Canada

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HMV sell Entertainment good’s such as music, Blue ray, DVD’s, games, gadgets and t-shirts; they also sell ticket to gigs and comedy. HMV was founded in the 1920 in London. HMV is a global company but is based in the UK with over 700 stores in 7 different countries and over 11,400 staff. It’s served in the UK, Republic of Ireland, Canada, America an in the Far East. HMV is a global company and it’s well known.

Hope House

Hope house is a charity run business and it belongs to the tertiary sector, and they employee ...

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Here's what a star student thought of this essay

The spelling and grammar was ok, but there were some typos, like 'depend' rather than 'depends'. This problem can be easily avoided by just re-reading your work before submission. This essay received three stars as it did compare/ contrast a bit but was not enough to warrant a higher mark.

The level of analysis was ok, where by it did the what was required by showing the obvious differences like global and national, but didn't really compare the differences in mindset, like one was a charity the other a profit-hunting business. Yes, they do state the information but they don't actually say they are different, making the reader have to work it out. When ever doing an essay like this, try to ensure that you explain/ compare everything you have mentioned. Where as in this essay the compare/ contrast was done in one sentence at the end, where it should have been done in at least three sentences, like one for size, one for market and one for objectives.

The author answers the question fairly well, as he/she clearly compares the two businesses. He/she shows us this with the different sections about each business. It can be good to separate your work like this, and then bring the similarities and differences together at the end, which the author does well. My one criticism would be the definitions (like what a PLC is), which were fairly poor, however they would do the job. The author shows off their research quite well, which shows the marker that a lot of effort went in to the essay. Also the use of a table was very good, as brought together data to help them compare and contrast. So if you can in a business studies essay try and bring in a graph or a table, as it can help you present your data.