P1 Unit 1 Business Report

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BTEC National level 3 P1 I have been asked to identify two different businesses and to research about them. The two businesses I have chosen are Apple and Tesco. Apple Inc. is a public limited company in hardware and electronics. Apple Headquarters is located in 1 Infinite Loop Cupertino CA 95014 United States. It has over 500 stores globally with over 30,000 employees. It was founded in April 1st 1976. Steve jobs and Steve Wozniak first established the Apple1 in 1976, it was hand made by Steve Wozniak. A man called Steve jobs used to be the CEO of Apple but from the screen print below we can see that he resigned from his position in August and a new CEO called Tim Cook has taken over. Since 1976 they have produced many successful and revolutionary electronic products such as the iPod, they have sold…show more content…
Since then they have stores all around the world including Malaysia, Turkey and Unites States this makes them a globally wide public limited company. As you can see in the image below they have many stores located all around the world. Tesco started off as a grocery and general merchandise, however they have expanded and now they do a lot more such as Telecom and Electronics. Tesco offers a wide variety of products such as; Grocery, clothing, electronics, telecom and fuel. Tesco also offers a variety of insurances such as life insurance, pet insurance, travel insurance and home insurance. Aims and objectives are tasks businesses set to achieve and use as a guideline. For example Tescos objective will be to open 50 more stores globally by 2012. Objectives give the business a clear target. Businesses set aims as goals in the future and where they want to be in the future. Tesco and Apple are Public Limited Companies. A public limited company is a company that is allowed to sell shares to the public and is allowed to put shares on the stock

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