Oxfam is also the biggest second-hand books retailer in Europe. Oxfam is a not-for-profit limited liability company that has no owners but is instead run by a council of Trustees. The council of trustees have a corporate leadership team made up of a CEO and 7 divisional directors which run the
The NHS does not have hospitals in other countries as the service is only provided to people paying taxes in the UK. Ownership A Public Limited Company (PLC) is a company which trades its securities on the stock exchange and can be bought and sold by anyone, it also has limited liability which means that the shareholders won’t lose anymore more money than they put into the company; a Private Limited Company (LTD) also sells shares but not on the stock market, in order to get a share in a LTD you will have to be asked to buy one; an LTD also has limited liability. Other types of ownership of business is a sole-trader and a partnership; a sole-trader is owned and run by one person which will have to deal with everything for the business to run properly, one example of a sole-trader is a corner-shop. A partnership is a type of ownership where 2 – 20 people own and run the business, an example of a partnership is a local accountancy
1 Understand the requirements of written and verbal business communications 1.1 Explain why different communication methods are used in the business environment There are various methods of communication that should be used within a business environment for it to run efficiently. Each of these methods will fall in 1 of the following 3 main areas of communication: * Verbal ~ this is spoken language and can be said to be the most used type of communication. This is used when communicating face-to-face or over the telephone. * Non-verbal ~ this is the written word, and can be used when giving detailed information such as figures and facts. It is also used for sending documents and other important material to clients and trustees, so that it can be stored for later use, as it has been recorded it can therefore be accessed easily.
BTEC Nationals Level 3 BTEC Nationals Level 3 Business Studies Unit 4 Assignment 1 Types of Business Information 06/11/2014 Submitted to: Dr Safoura Abasse Business Studies Unit 4 Assignment 1 Types of Business Information 06/11/2014 Submitted to: Dr Safoura Abasse By Sophie Talbot By Sophie Talbot Terms of Reference 3 Introduction 3 Findings – Types of Information 3 Verbal 3 Written 4 Web-based 4 Multimedia 5 On-screen 5 Conclusion 5 Range of sources and how the meet their purpose 5 Verbal Information 6 Written information 6 Web-based Information 6 Multimedia Information 6 Onscreen Information 6 Appropriateness of the information 6 Strategic decision 7 Appendix 8 Bibliography 10 Terms of Reference I am going to create a report, on the ranges of information which is used within my chosen business. Furthermore, I shall look at how the information is used in the business and the appropriateness of the information within the business. Introduction My chosen business is West Walsall E-ACT Academy Primley Avenue Walsall WS2 9UA West Walsall E-ACT Academy is a school which offers education to young people; aged between 11 and 16. The school also has had a new building for the sixth form students, who study A Levels. The academy is situated in Alumwell; this is a good location because students from the surrounding areas are able to get it to the school, without travelling far; being as many students come from Pleck and Alumwell.
Identify four main points that would be included in a contract of employment. If possible, use an example contract to support your answer (feel free to obscure any confidential information). • Name of business • Hours of work • Salary • Duties/responsibilities http://www.acas.org.uk/index.aspx?articleid=1577 this website has an example of a contract which I have looked at. 18/02/2014 2a) List three key points of legislation that affect employers in a business environment. • Health and safety Act • Data protection Act • Pay and pensions 2b) List three key points of legislation that affect employees in a business environment.
Step 6: Strategic Challenges Major problems: 1)Protecting product differentiation Because of the fact that Under Armour does not have a patent on any of the materials used in its products, if they are not careful there know how can be stolen and other companies can implement their own versions of their products. 2)To concentrated on one market (Economic Downfall) The current economy in their major market the United States is on a slippery slope and this is dangerous because 93 percent of their sales is based in the United States with only 7 percent being international sales. Putting all their eggs in one basket could make them to reliant on one market and stuck with no plan b. 3)Major Competitors and upcoming competitors Other companies have the capital power giving them the ability to imitate Under Armour's product versions. Also the athletic apparel industry has small barriers to entry, so at anytime, just like Under Armour, did another company could explode onto the scene.
Describe the type of business, purpose and ownership of two contrasting businesses. Type of business 2 2 1 1 The two different companies I will be looking at are Tesco and The British Heart Foundation. Tesco is an organisation which produces profit by selling goods to the general public, they usually sell food but now they are gradually bringing in other products, for example home décor and clothing. Tesco has different brands within the brand itself, for example they have Tesco’s Finest, Best of British, Cocopia etc; these different brands are what makes Tesco different. They sell products of their own brand and other brands within their store, selling their own brands help create more profit from them as they keep it within the business.
The business environment P1 – Describe the types of business, purpose and ownership of two contrasting businesses Northampton Life Magazine The aim of this report is to describe the different types of business organisation, purpose and ownership of two contrasting businesses. The two organisations I have chosen are ‘Aldi’ and ‘Macmillan’ Aldi is a leading global discount supermarket chain with over 9,000 stores in over 18 countries, and an estimated turnover of more than £38bn. The purpose Aldi serve is a worldwide service which sells groceries and miscellaneous items which are at reasonable prices for people to buy. Aldi is a global business as it operates in more than one country. Aldi is a private business which is owned by private individuals, with aims such as to make profit and expand, finance comes from the owners own money and or the businesses profit.
Assignment 1: Purpose & Ownership of Business Task 1: P1 Identify the purpose of four different business organisations Use the following structure to help you achieve P1. For each business, answer as many questions as you can, making sure that you focus on its purpose. Once you have completed this, delete the questions / instructions and upload your work. Business One – Local Sole Trader Project paintball 1. Where is the business located?
Executive Summary: Problem Statement: Classic Knitwear manufactures and distributes casual apparels, either unbranded to wholesalers or under a private-label brand name to large retailers. Although the company has a dominant presence in the non-fashion clothing industry, it has no brand recognition with the retail consumers. The senior management feels that unawareness of Classic’s brand is the main contributing factor for company’s lower gross margin, which is also much below than those enjoyed by the branded product manufacturers. To improve the margin and to ensure a higher return to its shareholders, Classic has decided to join alliance with Guardian, a manufacturer of insect repellent that has developed superior repellent technology for clothing. Unlike Classic, Guardian is a well-known and well-respected brand among the outdoor enthusiast.