...Unit 1: The business environment P1 In this report I am going to talk about 2 businesses, a private limited company and a public limited company. The businesses I have chosen are ASDA and Bradford royal infirmary. I will be describing the two businesses business types, purposes and ownership ASDA The Asquith family were butchers based in Knottingley, West Yorkshire. In the 1920s, their rising aspirations meant they expanded their business to 7 butcher’s shops in the area. The sons, Peter and Fred would later become founding members of ASDA. ASDA was founded on 19th September 1949. Bradford royal infirmary (BRI) The Bradford royal infirmary, also known as BRI, is a large teaching hospital and is in Bradford, West Yorkshire, England, and is run by the Bradford teaching hospitals NHS foundation trust. The Bradford royal infirmary was built in 1936. BRI provides a full range of big and small services for the people of Bradford. Over the years, the hospital has expanded and has built a number of units for the hospital, and is has grown compared to hospitals 20 years ago. Private sector ASDA is a private sector business and its aims are to sell goods to customers such as groceries, clothes and, the more recent items in stock, electronics. Private sector companies, such as ASDA, are owned by one or more people and are not owned by the government so they are all-profit based companies. ASDA is a Ltd company...
Words: 1442 - Pages: 6
...Unit 1 P1 Type of Business: Asda Stores Limited, commonly known as ASDA, is the second largest retail store and a national public limited company. Founded in 1949. Furthermore as Asda is a profitable business it is also in the private sector. Welcare is a local charitable, non-profit organization. They earn no profit out of their work however do accept forms of donations and fundraisers. The charity was set up by a church over 100 years ago. It was originally founded in 1894. Furthermore as it a nonprofit business and is giving service it is in the public sector. Purpose of the business: A charity is a group of profitable people whose aim is to give a service and help those in need. Welcare charity provides services which include social work and family support, support groups and life skill workshops and also a children’s health clinic. They work to keep families together, and encourage parents to give their children a happier childhood. Asda is a retail supermarket and the purposed of Asda is to make profit and to supply goods to customers. It sells general merchandise such as food, drink, clothing and various other items. It also has services such as insurance, financial services and a mobile telephone network. Business Ownership and level of liability: Asda was founded by Associated Dairies & Farm Stores Limited in 1949. This is situated in Leeds. The company has limited liability, therefore any debts within the company are paid by shareholders investment and...
Words: 328 - Pages: 2
...P1. Describe the type of business and ownership of two contrasting businesses Introduction: In this unit I will be investigating two businesses which are Debenhams and McDonalds. I will be highlighting the similarities and differences of how these two businesses operate as well as what these companies are trying to achieve. Background information:Debenhams is a leading international, multi-channel brand with a proud British heritage. Debenhams gives its customers around the world a unique, differentiated and exclusive mix of own brands, international brands and concessions.In the UK, Debenhams has a top four market share in womenswear and menswear it also has a top 10 share in childrenswear. It leads the market in premium health and beauty. Size of business:Debenhams is available online in 70 countries and is the 11th biggest UK online retailer by traffic volume. It also trades out of 240 stores across 28 countries. It currently has 29,000 employees across all its stores. Business Sector: Debenhams comes under the tertiary sector as they sell customers manufactured goods such as designer clothing, stationary, toys and all other sorts of goods. This company may not directly make their own products although they may have a link to the producers in order to sell these products at their stores. They come under the tertiary sector as they provide a service of deliveries. Main goals & purpose: Debenhams’ strategy is underpinned by three Aims: 1. Increase...
Words: 426 - Pages: 2
...Unit 1 H&M P1 Is an international company in 53 different countries, in the hands of private owners It is for profit, and active in the tertiary sector because they also sell those clothes. Their purpose is to sell fast fashion to a wide variety of customers and satisfy their needs for clothes. The owners are the shareholders, so it is public limited liability. Stakeholders P2 Customers H&M is a customer-focused company. Understanding and meeting their needs is at the core of everything they do they engage them by: * In-store customer interactions * Customer service organization * Social media (for example, 18 million facebook fans) * Market research Consumer media * Consumer organisations They simply influence H&M by buying their products without they the company simply cannot exist the company’s products are also influenced by the customer’s needs and wishes. Colleagues We want our employees to be advocates for H&M brands. Motivated and satisfied employees means better customer interactions and a better and more productive workplace. They engage them by: * We have an open-door policy,encouraging constant feedback * Store or union representation in many markets * European Works Council (EWC) * Meetings facilitated through our global framework agreement with Union Network International (UNI) * Regular individual performance reviews * Employee surveys in some markets Good and motivated employees get more sales...
Words: 1419 - Pages: 6
...| 2015 | | Juandre oelofse BTECH Assignment brief 1 User | nike and hands off our elephants | | P1) This is a program that was started in 2013. The CEO, Paula Kahumbu, of the organization has worked hand in hand with the government to give them a valuable insight into many of the things they previously didn’t understand The Kenyan first lady Margaret Kenyatta started the program with the purpose of educating the youth and the general public about the importance of the conservation of elephants. Hands off our elephants is an organization that aims to give communities a way prevent poaching and other crimes on animals by providing an anonymous tip line. Hands off our elephants makes sure that there are new trained forces to work on the front line to deal with poaching They also help volunteers who might have interests in becoming an environmental lawyer find the right education They also host meetings and presentations where they aim at reducing the demand for ivory. The mission/vision. Hands off our elephants have a few competitors; David Sheldrick Elephant and rhino orphanage and African wildlife trust Hands off our elephants is a campaign that was started because Paula Kahumbu felt that there was a need for someone to educate the people on how to prevent poaching. Her main reason for this was because as a kid she used to live amongst the wildlife and that was a big part in her life. She feels like everyone deserved to have that opportunity...
Words: 990 - Pages: 4
...P1: ‘Describe the type of business, purpose and ownership of two contrasting businesses.’ Introduction Marks and Spencer’s is a British organisation. The first owner of Marks and Spencer was Michael Marks; he started the business as a sole trader. Some traders are ones who keep all profits and make all decisions by themselves. They are described to any businesses which are owned and controlled by one person. Control refers to making decisions. They are personally reliable for the firm’s debts. This in return may be paid by the sole trader them self which is also known as unlimited liability. It wasn’t until 1894 where Michael Marks had formed a partnership with Thomas Spencer. From this partnership, the business began to expand. A partnership is usually formed by signing a deed of Partnership (which displays how the profits will be shared and the different responsibilities and payments to partners). Most partnerships have unlimited liability. This means the partners are responsible for all the debts of the business so they may lose all their possessions to pay off the business’s debt. Currently Marks and Spencer has gone onto become a national business having 798 UK stores, 455 international stores. Today, Marks and Spencer is a public limited company where businesses are owned by shareholders with limited liability to which shareholders can only lose up to their investment. It also offers its shares to the general public, through the Stock Exchange market. Cancer Research...
Words: 1610 - Pages: 7
...The Promotional Mix For this task I have to describe the promotional mix used for two different businesses. The first promotional mix I have chosen is for the Samsung galaxy s4. I will be describing how the promotional mix that is used to promote the product. The second promotional mix I have chosen is for Lynx Apollo Marketing mix The marketing mix is the combination of four major tools of marketing otherwise known as the 4ps • Product • Promotion • Price • Place Promotional mix The traditional 4ps of the marketing mix are appropriate for dealing with tangible products such as a car or a pair of football boots. But for services such as banking and retailing the 4ps cannot be applied. So an extended marketing mix – the 7ps – is used • People • Processes • Physical evidence In order to develop a successful promotional mix for a product, it is important for a business to first, understand the nature of the customers and their needs and wants. The business needs to act to the information about their customers and create marketing activities that deliver something of value to customers. To implement marketing activities the business uses the marketing mix. Advertising The American marketing associations definition of advertising is: ‘advertising is a paid form of non-personal presentation and promotion of ideas, goods or services by an identified sponsor’. Advertising is the method used by a wide variety of organisations to; • Communication a message to...
Words: 1027 - Pages: 5
...Tesco | Richmond Upon Thames College | Type of organisation:Tesco is a multi-national food retailer, based in 12 different countries. The organisation began as a stall in the London’s East End in 1919, 10 years later the first official store opened in Edgware, North London. They now not only sell food products, but also provide customers with a banking and insurance service. Tesco’s were the first supermarket to produce a Value range that launched in 1993, now Tesco’s Finest and Everyday Value range are the two largest food brands in the UK (1).Sector: Tesco’s is a plc (Public Limited Company) meaning you can publicly buy shares on the stock exchange. Tesco’s belongs in the private sector as it is owned by its shareholders, not the government. Tesco’s is also a part of the tertiary sector as they provide a service. In February 2015 Tesco’s had a turnover of £62,284.00m making it a widely successful business.Size and scale:Tesco’s is the largest supermarket retailer in the UK, with several chains including: Metro, Express, Home plus and Extra. As well as the UK you can also find a Tesco store in a further 11 countries including; India, Poland and Ireland. There are over 3,500 Tesco stores in the UK alone with over half a million members of staff working for them. Purpose of the organisation: | Type of organisation:Richmond upon Thames College is a public educational facility, located in Twickenham...
Words: 767 - Pages: 4
...P1: Describe the type of different businesses, purpose and ownership of two contrasting businesses Local A local business is a new business that is set-up usually around the area that you live in. It’s a business that may have a few branches but only within the city. The majority of local businesses are usually owned by one person. An example of this is Manor Park Fisheries. National A national business is a business that is only U.K based which means they operate only throughout the country. An example of a national business is New Look. They’re owned privately as they aim to make a profit. International An international business operates only within a single continent. For example Primark is international because they have a branch in Spain. Global A global business is a business that produces goods across the globe. It has a business in nearly every country of the world. McDonalds, Starbucks and H&M are good examples. Toni and Guy is also an example of a business that has expanded quickly. Public A public sector business is when it has been set-up or is owned by the government. Public businesses are less likely to take risks because they operate for the benefit of the public rather than making a profit. Private Private businesses are owned by private individuals. Large private companies like Vodafone, are owned by shareholders which means that anyone can buy shares in the company. Not-for-profit/Voluntary Many organisations are set-up to not make any...
Words: 1142 - Pages: 5
...Forms of communication (verbal): Interpersonal interaction: Interpersonal interaction is a way of communicating with other people. There are two ways in which a person can communicate which is verbal and non-verbal or body language. Verbal communication: Verbal communication is communication expressed through words spoken from your mouth, this is the probably the most commonly used form of communication and it is also the quickest and easiest to use. Verbal communication refers to the form of communication in which message is transmitted verbally; communication is used to have people understand what we are trying to convey. First language First language is an effective way of communication between different ethnic groups, localities, communities etc. First language is the first spoken language that you speak from the time that you are first learning to talk. This can be used formally and informally. First language is an effective way of communication because it can effectively show your thoughts and feelings. First spoken language can also be an individual’s preferred language. (Walsh. M. (2007) ‘BTEC National Health And Social Care. Harlow: Pearson Education Limited. ) Dialect Dialect is words and their pronunciation which are specific to a geographical community or members of social class. Dialect is a verbal/oral form of communication that may be spoken in a formal and informal way to specific service users. A person who isn’t from the same area may not understand...
Words: 1948 - Pages: 8
...P1 – Describe the type of business, purpose and ownership of two contrasting businesses. There are numerous amounts of businesses in the UK, from the public sectors to the private sectors; most large businesses operate on the global scale, such as Tesco, Morrison’s. Businesses in the public sector look for profits and higher income; they are funded through the government, non-profit businesses or charities can also help out with funds. There run in 2 main types of sectors; public and private. In this work I will provide relevant examples of businesses and their case studies. Describing two contrasting businesses the purposes and ownership of St. Benedict’s sixth form and Tesco plc. There are different types of businesses such as: * Local – these are businesses which operate locally. E.g corner shop. * National – national businesses are found in two countries or more. E.g co-op. * International – businesses that are in two or more countries in the same continents. E.g Morrison’s. * Global – businesses that are found in two or more continents. E.g Tesco. * Public – these sectors are funded by the government. E.g St. Benedict’s. * Private – (sole trader) owned by one person. E.g corner shop. * Private – (partnership) between 2-20 people own a partnership. E.g car business. * Private – (Ltd) there are no limits to the amount of owners. E.g Barclays bank. * Private – (Plc) anybody or party can join this business. E.g Sainsbury. * Charitable...
Words: 580 - Pages: 3
...P1 Give detailed descriptions and definitions Business Sector primary, secondary or tertiary Tertiary - Third stage, they don’t provide raw material nor do they manufacture products. They instead provide service. Secondary and tertiary – They produce the product from the raw materials e.g. flour etc. Also they provide the tertiary as they also provide service Local, national or international Local – They do not have a workforce overseas or in England, they only operate in Luton. National – They operate in united kingdom only. Ownership Type: PLC, Ltd or Voluntary Voluntary – Done, given, or acting of one's own free will: "voluntary contributions". PLC - A limited company is a company in which the members have limited liability for the debts of the company. So if the company goes bust the members cannot be asked to pay off all the debts. By far the most common kind is where liability is limited by shares. In this sort of company the members are shareholders and their liability is limited to the price paid for their shares. Describe why they are in business e.g. to make a profit, prevent world starvation Reduce the amount of homeless people. They provide shelter and help people get back on their feet. They give money and furniture and other forms of aid. Make profit Allows social time Fresh food. Describe what the business does Provides aid to the homeless people. They accept donations such as furniture and either gives that to the poor or sell it and then...
Words: 301 - Pages: 2
...There are many different types of communication, such as verbal, graphical and technology. In this piece of work I am going to assess what they are used for and when they would be used effectively. I am going to give information on six different types of communication and examples of how, where and when they could be used best in a health and social care setting. 1. Verbal There are two types of verbal communication the first is one to one communication and the second is group communication. One to one verbal communication is between two people using words to talk to each other, this could be in an interview, involving many different types of skills such as good concentration skills, high quality listening skills, first – class communication skills and excellent interacting skills. A suitable environment is also needed, so they could talk in a private room for a quiet background with placed chairs opposite each other so they will be facing one another. They may be talking about confidential information so the interviewee may feel more comfortable and safe, they may feel like they have gained more trust plus they may also feel in such way that they can show much more reaction as there are only two people. Group communication is between 3 or more individuals. To uphold an effective group interaction you should maintain high-level eye contact skills to show active listening. Furthermore, active listening shows paraphrasing and repetition of words to seek clarity. Good communication...
Words: 1669 - Pages: 7
...For P1, learners will need to explain how spreadsheets can be used to solve complex problems, and they should provide examples to support their explanation. For P2, learners will need to develop a complex spreadsheet model, where ‘complex’ requires that the spreadsheet contains some aspects of the following range: multiple worksheets (with links), complex formulae, for example at least two-step process, large data sets, cells linkage, data entry forms, for example menu systems, list boxes, drop-down boxes, event controls, data validation, error trapping, lookup tables, nested IF functions, templates, and cell protection. For P3, learners should solve a complex problem using formulae and functions in the spreadsheet. This might best be through a supplied scenario such as a cash flow forecast, a budgeting problem, and ‘what if’ analysis, payroll projections or another similar scenario. This should include some aspects of the following range: relative references, absolute references, logical functions, for example IF, AND, OR, NOT, SUMIF, correct operators, named ranges, file sharing, track changes, security issues, user interface, add-ins, built-in functions, for example cell functions, lookup functions, text functions, statistical function and finding data. P4 requires learners to create charts and graphs from numeric data sets. This can be either the same data used in different graphical images, or a number of different charts or graphs created from different data. Tutors...
Words: 653 - Pages: 3
...that at the beginning the group would start off disagreeing and then they would start to communicate which will mean they will understand their differences and learn to communicate together. The Argyles communication cycle is a form of interpersonal communication which has been said to be a skill that could be learned and developed by constantly watching what is happening and working out how to respond to what’s going on. This cycle is used to help translate what other people are trying to say/get across to the other individual and helping them change their own behaviour to help them communicate with other people effectively. This communication theory is based mainly on one to one interaction and commination. The communication cycle – 1 – idea occurs - When an idea occurs it usually means an...
Words: 1281 - Pages: 6
