Business Purposes Unit 1

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Tower Hamles Collge | UNIT 1 – BUSINESS PURPOSES. | Business Organizations | 10-21-2013 | | | P1 Identify the purpose of four different business organizations. P2 Describe the different types of business ownership, linking this to the size and scale of four different organizations. M1 Contrast the ownership and purposes of two different business organizations. D1 Evaluate how a business organisation has responded to changes in the business environment. In this article I will be stating the purpose, ownership, scale and size of four different business organizations. My first business is Heinz. The Heinz Company commonly known as;’ Heinz’’ is a private limited (LTD) company and is well-known for its 57 different brand varieties. As Heinz is a public limited company, the general public cannot buy shares in the business and there is a limited liability, meaning if the organisation was to ever go bankrupt Heinz will not be responsible for any debt and will only lose exactly what they have invested in. Heinz is a manufacturing company that provides and sells their products to large supermarket chains e.g. Asda, Tesco, Sainsbury’s and even your local co-op. Heinz employs 32,200 people, as it’s a factory business and there are no local branches, only the large supermarket chain. Heinz purpose is to make household needs such as baby food, tins such as spaghetti, beans, soups, and also sauces for a family’s everyday lifestyle. My second business is Tesco PLC, a well-known public limited supermarket in the private sector which is owned by its shareholders, meaning that anyone from the general public can own shares as they are publicised in the stock exchange. The business has a number of stores including; Tesco
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