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

The nature of business and ownership

Extracts from this document...

Introduction

BTEC First Diploma in Business Unit 1 Exploring Business Purposes Task 1 a) Tesco is a public limited company organisation b) N.H.S is owned by the government c) Oxfam is a charity organisation d) Dixy chicken is a Partnership Task 2 Tesco (public limited company) The purpose of Tesco is to create value for customers to earn their lifetime loyalty. Tesco is now making moves into non-food markets with an aim of taking a leading market position. Tesco is one of the biggest supermarkets in England. Every business decision they make is driven by their customers. Tesco is selling Groceries with 1000's of great offers every week and more than 1500 wines, entertainment stuff like books, CDs, DVDs and digital stuff, phones and broadband; the also offer you insurances like car insurances home and travel insurances life insurances and many more insurances. Tesco's UK stores are divided into six formats, differentiated by size and the range of products sold, and which are: Tesco Extra This is a larger store mainly out-of-town that stocks nearly all of Tesco's product ranges. Tesco Extra stores are usually on two floors, with the ground for mainly food and the first floor for clothing, electronics and entertainment. ...read more.

Middle

Oxfam (Oxford Committee for Famine Relief) Oxfam is a worldwide help and deployment organisation which is specialized in helping people. Oxfam was formatted in 1942 and is member by the Oxfam International. The first Oxfam store was formatted in 1947 in England in the Broad Street in Oxfam. Meanwhile there are more than 800 Oxfam stores in Great Britain. In such stores the are selling second hand things like books, clothes, shoes, CD's, household article and many things more. There are not m aking profit. Dixy chicken (was a sole trader but now it is a Partnership) Dixy chicken is a fast food restaurant chain that specialises in halal (Islamic ritual butcher) chicken and is owned by a company of Pakistani origin. The company was founded in 1986 and has 110 outlets within the UK, 6 stores in Pakistan, 1 store in France, 1 Store in Norway and is expanding its operation to India. Dixy chicken is one of the fastest growing fried chicken restaurant chains in Europe. Dixy chicken restaurants just use halal fresh meets and fresh salad prepared under quality-controlled supervision. Task 3 Public organisation (PLC) is a type of limited organisation which is permitted to offer is shares to the public. ...read more.

Conclusion

The advantage of a Partnership is that they will have more capital, unlimited liability and more different ideas. But the disadvantage of a partnership is maybe disagreements between the owners and the partners are fully liable for the debts. Task 4 Business organisation can range from very small to very large. There are classified using the following criteria: MICRO - SMALL - MEDIUM - LARGE Micro 1- 5 employees Dixy chicken (pro branche) Small 6-99 employees Medium 100 - 249 employees Large 250 + employees Tesco (over 273) Oxfam (over 3000) NHS (1.3 million) Task 5 The scale refers to the area that the business covers. 1. Local 2. Regional (Essex) 3. National (England) NHS is National because it operates just in England 4. European Tesco is European and partially Global because the have other branches in other countries for example in china, France, Japan, Poland, Slovakia, India, Turkey, Dixy chicken is also European because it has branches all over European but its also partially global because it has some branches in America and Australia too. 5. Global Oxfam is Global because it is all over the World. There are also Oxfam in America, Ireland, Belgium, France, Hong Kong, Japan, Austria and many more countries. ?? ?? ?? ?? Omobolanle Salami 09/02/2009 Assignment No. 01 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 Business, Companies and Organisation, Activity 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 Business, Companies and Organisation, Activity essays

  1. Marked by a teacher

    functional areas in oxfam and sainsburys

    4 star(s)

    Sainsbury's Aims of Sainsbury's may be to: 1. To improve the performance of Sainsbury's 2. to appeal to more customers The departments you need to improve the performance of Sainsbury's * Marketing: The marketing department can help in the improvement of performance at Sainsbury's.

  2. Tesco Research

    Tactical level At the tactical level managers are largely concerned with medium-term planning. Managers monitor the performance of the organisation, control budgets, allocate resources and set policies. Decisions taken at this level are used to set medium term goals that form stages leading to the accomplishment of the organisations strategic objectives.

  1. Type of Business Ownership, sectors, types of bysiness and size of business

    A partnership has a lack of continuity, if one partner leaves the business must shut down. Advantages: * Decision making and responsibilities are shared * Discussion can take place * More capital and it may b easier to raise capital.

  2. Business Studies

    have been - Take into account external factors Market share analysis - Examines the sales performance of the business and compares it against direct competitors - Useful in examining the strengths and weaknesses of the marketing plan Marketing profitability analysis - Process of evaluating the financial and non financial benefits

  1. Size, Scale, Purpose and Ownership

    Tesco Value for the low-earning customers, the Basic Tesco product range for mid-earning customers and Tesco's Finest or Organic for the higher earning customers. Disadvantages * Because of the foot and mouth disease, the meat products and their produce are decreasing in the profits SIZE Marks and Spencer plc (known also as M&S)

  2. In this section I will explain every one the different types of business ownership. ...

    Another aim at Chester Zoo is to educate people, by making them aware of the role of the Zoo and informing people about what they can do to help. As well as education another aim at Chester Zoo is scientific investigation, this is finding cures for diseases affecting animals and the causes of environmental problems.

  1. Starting a Small Business

    It will help my reputation boost up because more customers will visit my business and feel safe in the environment. The same goes for this as well if I don't comply with these regulations my business will not be a reliable place for customers to visit because they may complain

  2. Contrast the ownership and purposes of two different business organisations - Oxfam and Tescos.

    Tesco borrow loans from banks of specialist financial institution. They have rights issues. Oxfam have raised funds by trading sales of donated goods, which they raised up to £64m. They had trading sales of purchased goods which total up to £10.4m. They also had other various fundraising techniques. The similarities are that both organisations have to bring money in a way.

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