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Comparision of the NHS and Nike. Aims, objectives and stakeholders.

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Introduction

TREVON MENGOT UNIT 1 BUSINESS ENVIRONMENT P1 IN THIS ASSIGNMENT WE WILL PICK TWO CONTRASTING BUSINESSES AND I WILL BE EXPLAININGTHE DIFFERENCES OF PUBLIC SECTOR BUSINESSES AND PRIVATE SECTOR BUSINESSES. First of all, I WOULD start WITH EXPLAINING WHAT TYPE OF OWNERSHIPS THE BUSINESSES ARE IN AND WOULD ALSO TALK ABOUT THEM BY SAYING WHO THEIR SHAREHOLDERS ARE, PURPOSE, SECTOR, AND THE BUSINESSACTIVITIES. THE BUSINESS I PICKED ARE NIKE PLC AND NHS AND I WILL GIVE SOME INFROMATION DESCRIBING THE DIFFERENCES AND SIMILARITIES. NIKE PLC Nike plc. is designer brand that produces clothing, shoes, bags etc. they are a public limited company and have other 5000 of their products all over the world. Nike plc. is a global business because they are known worldwide by their products etc. there are three ways a business can operate either by being locally, national or globally known. * Local: If a business is locally known it means it?s just known within the community it is based in e.g. newspaper. * National: if a business is known nationally this means that the business can be based in a little community but all around the country for the citizens to know about the business e.g. ...read more.

Middle

many businesses are set up to make profit, but what a business needs to understand is that the money they make from the sales activities has to be able to cover up their expenditures/ running costs. These businesses have to make sure they are providing their customers with goods which are needed by the customers and are willing to buy it at prices which are higher than the costs of supplying these goods. You will find businesses like this everywhere this days ranging from huge international companies like bp and to supermarkets like Morrisons. http://www.nikeresponsibility.com Business sector consists of three sectors which are public private and voluntary. Public sectors are businesses that are runned by the government for example NHS, police and fire brigade. Private sectors are businesses owned by individuals or a group of people for example Nike plc, Tesco plc, JD sports etc. Voluntary sectors are organisations that have a group of trustees looking after the work for example charities and religious beliefs organisations. Nike plc is a private sector because it is not owned or runned by the government. Ownership of the business is people to whom the business belongs In the Private Sector there are Sole Trader, Partnerships, Private ...read more.

Conclusion

?Improving the speed of decision-making, simplifying internal communications and reducing bureaucracy. NOT FOR PROFIT AND PROFIT NHS is a not for profit organisations because it is sponsored by the tax payers of the uk in return to free health treatment. This was established by Ownership of the business NHS is a government agency which is funded by the government but has their independent. The government set these services to take responsibility for a particular activity in the country. Although they are funded by the government and accountable to them it has its freedom to manage its own affairs but given guidelines so in interest of fairness they are seen to be runned in an independent way. Key stakeholders The key stakeholders of nhs would be the Commissioners: those that pay the organisation to do things Customers: those that acquire and use the organisation's products Collaborators: those with whom the organisation works to develop and deliver products Contributors: those from whom the organisation acquires content for products Channels: those who provide the organisation with a route to a market or customer Commentators: those whose opinions of the organisation are heard by customers and others Consumers: those who are served by our customers: i.e. patients, families, users Champions: those who believe in and will actively promote the project Competitors. http://www.institute.nhs.uk http://www.uhbristol.nhs.uk/about-us/what-we-do/organisational-structure/ ...read more.

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