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Doc. Business Environment

In:

Submitted By Akosuah
Words 3550
Pages 15
TWO BUSINESSES ON OUR DOORSTEP

Range of different businesses

There are many different types of business that you come across as a customer or employee or that you hear about in new stories.
We have a looked at range of Businesses such as Partnerships, Franchises, Co- operatives, Charities, Sole Traders, Private Limited Companies, Public Limited Companies and Government departments & agencies.

Charities

Charities are operated to meet defined needs and not to make profit. However they are usually owned by sole traders as it is on their own business and more over they are not controlled by any other organisation. In additional to this, during their operation the government is not allowed to charge them taxes. Henceforth they were opened by an individual ownership who runs their own business and make sure they earn their own profit.

Government department and agencies

Obviously with the government department and agencies, they focus on their remit they are given by the government. The government have to monitor the operations of their departments to ensure that the public gets value for money. They also support the unlikely event that one government department goes into debt, and funds from other departments.

Partnership

To an investigation of a Partnership, it is referred as the arrangement in which parties agree to cooperate to advance their mutual interests. Governmentally recognized partnerships may enjoy special benefits in tax policies.

ORGANISATIONS

From the point of this view, TESCO and FARMFOODS are the chosen organisations which would be on focused. These organisations are rather going to be based on different factors such as Business activity, Business sector, and Business purpose, Ownership of the business, the extent of owners’ liability for debts and the key stakeholders of the business.

Tesco

Business activity: In

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