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Ownership and location

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Introduction

Introduction In this coursework I am going to be writing about the ownership and location of businesses. I will be looking at what sort of company has a certain ownership whether it's there to make profit or offer education. Also I will be finding out what sort of location is needed and why it is important. I will then say what Tesco's and Chelmsford college ownership is. Then I will write about what sort of location both Chelmsford College has and Tesco's have and why it is important for them to have that location. Types of Ownership There are two sectors in business ownership and they are both there for different reasons. The sectors are: * The Private Sector- Anything not owned by the government for example Tesco. * The Public Sector- All the organisations owned by the government including education, army, hospitals etc. There are four different types of firms that would be under the private sector: * Sole Trader * Private Limited Companies (LTD) ...read more.

Middle

An advantage of being able to sell shares is if the business is doing well the share value will rise in value. Tesco also have "limited liability" which means that the owners and shareholders of Tesco are not personally responsible for the business' debt and will not have anything repossessed etc. Tesco will use economies of scale for their advantage because they will be able to buy more at a time and borrow cheaper and this is an advantage because it means that they can sell the product for cheaper than a competitor may sell the same product. A disadvantage of selling shares is if the business is not succeeding the value of the shares will drop in value and means Tesco will not get as much per share as usual. Another disadvantage is that Tesco has a possibility of takeover because the shares can be bought by anyone and this might cause an argument over who has more power to the company. ...read more.

Conclusion

It is usually a food specialist. * Tesco Metro- Located in city centres and busy high streets. Mainly selling food essentials. * Tesco Express- These are just small stores located in petrol stations or local residential neighbourhoods. Tesco would also have to worry about the location of the supplies factory if it is in a main city located in the centre of other main locations. Tesco have a distribution centre in Basildon and Harlow which means it is easy to get to other main location where Tesco have stores. Chelmsford College Chelmsford College is based in Chelmsford but has 3 sites in Chelmsford. These are based in: * Moulsham Street * Princes Road * Copelstan Court (Central Essex Training) The location is based upon where the customers are maybe looking at where a lot of secondary schools are and get the students from there. It is also depending on the transport for customers for example if it easy for students to get in by bus and whether there are enough buses. They may depend on whether there are enough alternatives in the region to support the government education policy. ...read more.

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