Business (Assignment Pl (Pur,Own,Size&scale))

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Assignment

Intro

I have been given a task to pick four business organisations and explain their main purposes, ownerships, size and scales, so in my assignment I chose to talk about these four businesses; car phone Warehouse, Oxfam, Garvey`s and Waltham forest council and explain how they operate.

Carphone Warehouse

Carphone warehouse is known to be the best and largest independent mobile phone retailers in UK; totally independent of all networks and manufacturers.

Their main Purpose

Their main purpose is to supply their customers with vast goods and service; they are also known for their great deals. They sell various amounts of goods and provide a range of services such as mobile phones, laptops, mobile accessories, internet broadband, delivery etc. They sell their goods and services ‘at profit’, in order to maintain their business and cover up all their expenses, they also offer great deals at an ‘at cost’ price on their products to intrigue the public (only for a limited amount of days)

Ownership  

Carphone warehouse is a Public Limited Company and it falls under the ‘private sector’ they are registered with companies’ house because their owners have limited liability for their actions and debts of the company (Limited liability means that the private assets of the shareholders are protected by the state). Their shares are open to the public and can be bought by private individuals. There are over 17 people who have a share in this company and over 10 directors with different roles.

Advantages and disadvantages

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An advantage for this business is that more money is invested into the business this helps the business to develop quickly. A disadvantage for this business is that the share price can fall can which will reduce the value of the business.

Size & Scale of the business

They are a large organisation with precisely 21,380 employees across Europe; they employ a number of people to help them advertise and sell their products to the public. This company is based in the United ‘kingdom and the Republic of Irelands; they have over 1,700 stores across Europe ...

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