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

Understanding the Nature of Business Ownership and Purpose

Extracts from this document...

Introduction

Understanding the Nature of Business Ownership and Purpose Unilever The main purpose of this business is to understand the relationships between nutrition, hygiene and personal care. By bringing this together they are able to create brands that help you feel good, look good and get more out of life. They are a large Public Limited Company (PLC). Unilever supply goods to a range of brands such as: Knor, Flora, Hellmans, Walls, Lipton, Slimfast, Bertoli etc. Unilever aim to make a profit and their sales in the UK are �900 million. They provide goods at below costs so that ordinary people can afford to buy them fro shops/supermarkets. They have 179000 employees in over 100 countries worldwide and 2000 people working in the UK. ...read more.

Middle

Their purpose is to provide a service of treating sick people and keeping people well. It employs 7500 staff and it works through 9 sites. It provides services to around 300 000 local people and for the year ending March 2008, income received was �414.7 million and it had a surplus of 12.8 million. Subway The main purpose of this business is to make a profit by selling fast food products and services. It has 25 000 outlets in 80 different countries, in a number of locations that other franchisors wouldn't consider such as; hospitals, military bases, colleges and universities. This is good for their business because they will be getting more profit because they don't have as many competitors. ...read more.

Conclusion

The company's core affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company operates as a globally integrated worldwide team, with five key priorities: * Achieve maximum profitability in any environment. * Constantly innovate new products that customers want and value. * Develop environmentally friendly products and processes wherever possible. * Finance our plans and improve balance sheet. * Work together as a global team. As a good global company it's important for Ford Ltd to have a good set of standards by which they can judge themselves. They call them; 'our vision', 'our mission' and 'our values'. 'Our vision': to become the worlds leading company for automotive products and services. 'Our mission': we are globally diverse family, with a proud heritage, that passionately committed to providing outstanding products and services. 'Our values': we do the right thing for our people, our environment and our society, but above all for our customers. ...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. 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. English for business

    They are selective - it is hard to reach a particular group of people except for certain programs. Radio -advertising is cheap and can be effective in reaching certain types of people: old people and housewives. National press ?- it is expensive too but if has a large geographical selectivity and allows detailed information to be given.

  1. Applied Business Unit 1

    Purchasing on credit can be in these ways: * Credit card: Asda credit cards have certain credit limits which cannot be exceeded and an interest rate charges the credit card holder on their purchases. A credit bill is issued every month to notify the card holder how much he is overdue.

  2. Business Studies

    of income, occupation and level of education - "A Demographic" Government factors > Key govt factors influencing customer choice = federal govt regulation of the economy > Monetary and Fiscal policies > Play a social role in influencing consumers through age restrictions and censorship warnings and film Developing marketing strategies

  1. Business studies - Business Plan

    money I know I will have to get the bank to loan me so in slow periods such as winter my sales may go down for a long time. I give easily when the going gets though, this factor I must completely eliminate as I know it will be difficult

  2. Business Plan. After putting a lot of thought into what kind of business we ...

    I hope that in the future my business would have expanded and would have become more successful and well known. Aims and objectives The difference between aims and objectives are that aims are the goals that I will set myself for my business to achieve and objectives are the things that I will do to achieve my aims.

  1. Describe the aims & objectives of the school.

    A2 Compare the ownership of the school & Manchester Airport The differences between the ownership of Bruntcliffe School and Manchester airport are: That they aren't in the same sector, Bruntcliffe School is in the public sector and Manchester airport is in the private sector.

  2. Business Studies- Unit 1- Business Ownership

    The sole trader also has full responsibility for the business, which may result in stress. Another downside is that they must produce their own account for Inland Revenue. Why Would a Sole Trader Change to a Partnership? There are various reasons as to why a sole trader would change to a partnership.

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