Premium Essay

P1- Btec Unit 1

In: Business and Management

Submitted By fatum1808
Words 295
Pages 2
Unit 1 – The Business Environment
P1 – Describe the type of business, purpose and ownership of two contrasting businesses Done by Fatima Shafique 12 G2

* Emaar (Profit orientated business)
Emaar is a real-estate company which is based in the United Arab Emirates. It is currently the Persian Gulf region's largest land and real estate developer. With over 60 companies, Emaar's activities include property investment and development, property management services, education, healthcare, retail and hospitality sectors, as well as investing in financial service providers.
Type of ownership: Public Joint Stock Company (public limited)
Liability: Limited liability
Size: Emaar is extending its expertise in developing master-planned communities internationally, and has a significant presence in several key global markets with established operations in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco, India, Pakistan, Turkey, USA and Canada. It employs over 10,000 people and has over 60 companies.
Revenue: $3.307 billion (2010)
Sector: Secondary sector
Purpose: to transform Emaar into a one-stop, global solution provider for lifestyle, including homes, work, play, leisure, retail, health, education, finance, industry and more.

* Dubai Autism Centre (Nonprofit organization)
Since November 18th2001 The Dubai Autism Center began the creation of its various services targeted towards encouraging a better understanding of Autism and providing specialist services for people with Autism and those who care for them. It is a center of excellence having highly trained professionals to provide accredited programs to support individuals with Autism and their families and is an internationally recognized Autism consultancy center in the region.

Ownership: No ownership, run by trustees…...

Similar Documents

Free Essay

Btec Business Level 3 Unit 1 P1

...Name: Arsalan Anwar Business level 3 Unit 1: P1 Introduction: In this assignment I will be selecting two contrasting business which are going to be Tesco and Oxfam. I will be writing a written report describing their purposes and ownership, to do this I’ll talk about what goods and services they offer and to whom they offer these to. Finally I’ll talk about where they operate and which industrial sector of the economy they operate in. Introduction of Tesco Tesco is a massive company with high revenues, it is also a public limited company (PLC) that means it has limited liability, the meaning of limited liability is that the investor cannot lose more than the amount he has invested within the company intern this means that the investor is not personally responsible for the debts of the company so linking this to Tesco it will mean that if Tesco goes into debt the investors are not responsible to pay it off. The main aim of Tesco is to make profit and the reason it will make profit is because it is a well know and established company which has been trading for many years. It has over 2000 stores around the world and it is employing nearly up to 300,000 people which proves that it is a global organisation. Sector of the economy Tesco operate Tesco operates in the tertiary sector which is also know as the service sector and is one of the three main economy sectors, the......

Words: 1175 - Pages: 5

Premium Essay

Unit 1 - P1 P2

...P UNIT 1: BUSINESS ENVIROMENT p1&p2 | | | | | | P1 – a brief introduction of two contrasting businesses Tesco PLC (Public Limited Company) is a British multinational grocery general merchandise retailer. Tesco is the third-largest retailed in the world measured by its revenue. It is also the second largest measured by profits. Tesco has stores in 14 countries across Asia, North America and is the grocery market leader in the United Kingdom. Tesco have many aims and objectives they wish to fulfill, for example to be an outstanding international retailer in stores and online and to be strong in everything they sell because they are in food. Tesco is a Public Limited Company this means that they are able to advertise the sale of shares and sell them to the members of the public through stock exchange and also the company has a legal existence separate from management and its members. Tesco and Lewisham College are completely different because Lewisham College doesn’t offer products it offers services that are entitled to the public. Lewisham College has 16,000 student enrolments and 36,000 courses. The college is a member of the 157 group of high performing schools. Lewisham College work with many diverse partners, including: schools, universities, trade unions, businesses and a range of public sector organizations. Lewisham College is a public college and do not particularly exist to make a profit but to provide a service for people who want to learn. ...

Words: 1028 - Pages: 5

Free Essay

Unit 1 P1

...BTEC National Diploma in Business Unit 1: Exploring Business Activity – Induction Assignment Oxfam is a non profit organisation and was first set up in England, 1942. It was created by a small group of Quakers, followers of Christ, and their main target at the time was to reduce the frequency of famine and to aid those in need. Although Oxfam set out originally to reduce famine they now strive on opening up world markets and providing fair trade to third world countries. To date, Oxfam is currently the leading international non-governmental organisation (NGO) and have an excellent reputation in the delivery of aid and development work. Millions of people donate to Oxfam every year - without this hefty amount of funding they receive they wouldn’t be able to put ideas into action. It is because of this that it is said to be ‘owned by everyone’. Oxfam is a charity which is also the leading non-governmental organisation to date. It consists of 13 organisations working with over 3,000 partners in more than 100 countries around the globe. In 2008 Oxfam GB worked with over 20,000 volunteers in shops across the UK, raising £17.1 million for Oxfam's programme work Oxfam rely on the public to donate goods for free; they market to all age groups however it is perceived to be for the older generation and not for the teenage trendy market. Oxfam doesn’t have competitors in a selling sense however they do need to earn the publics trust by putting their aims into action. There......

Words: 2168 - Pages: 9

Premium Essay

Btec Level 2 Unit 1

... St Cuthbert Mayne COURSE: BTEC Extended Diploma in Business (QCF) COHORT: 2014 - 2016 UNIT: 1 – The Business Environment (10 Credits) ASSIGNMENT 1 – Two Businesses on our Doorstep Learner Outcomes: 1. Know the range of different businesses and their ownership 2. Understand how businesses are organised to achieve their purposes Scenario: You work as a junior journalist for the local newspaper which is planning to run a feature article on local businesses Task: 1. Learners must describe (P1) the type of business, purpose and ownership of two contrasting businesses 2. Learners must describe (P2), explain (M1) the different stakeholders who influence the purpose of two contrasting businesses 3. Learners must describe (P3) how two businesses are organised 4. Learners must explain (P4) how their style of organisation helps them to fulfil their purpose 5. Learners evaluate (D1) the influence different stakeholders exert in one organisation TIP – Include the following: Range of different businesses Local, National, International, Global, Public, Private Not for profit/voluntary Sectors of business activity (primary, secondary, tertiary) Business purposes Supply of products or services, Difference between profit and not-for profit organisations Ownership Public, private & voluntary sectors Types of ownership (sole trader, partnerships, private and public limited companies, government agencies, worker cooperatives, charitable trusts) Main...

Words: 964 - Pages: 4

Premium Essay

Unit 1 P1

...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......

Words: 1419 - Pages: 6

Free Essay

Unit 1 P1 Btec Business

...not liable to Corporation Tax The disadvantages of a voluntary organization • There are rules limiting the fundraising and the extent of trading that can be carried on by charities. Charities therefore often require a separate charitable company to undertake their trading activities • The objectives of a charity must be exclusively charitable. As such this restricts its activities. • There are rules limiting the funds their raising and the extent of trading that can be carried on by charities due to this charities often have to a require a separate charitable company to undertake their trading activities Bibliography Books John Bevan, Helen Copland-Smith, Rob Dransfield, John Goymer and Catherine Richards (2010) BTEC Level 3 National Business Book 1. UK: Pearson Education Limited. Internet Marks & spencer’s annual report http://corporate.marksandspencer.com/howwedobusiness http://www.markedbyteachers.com/gcse/business-studies/types-of-businesses-marks-and-spencer-is-a-plc-public-limited-company.html http://www.businessdictionary.com/definition/private-sector.html#ixzz2hJ41n3Fc http://www.patient.co.uk/support/british-heart-foundation http://www.bhf.org.uk/about-us/who-we-are.aspx...

Words: 1149 - Pages: 5

Free Essay

P1 Busniess Unit 1 Btec Level 3

... although you got to pay for stuff. Advantages: 1) Many stakeholders can put their money into it 2) You can use the same brand name. You benefit from any promotion by the owner of the franchise. 3) The franchisor gives you support usually including help setting up the business 4) The government interacts with the business Disvantages: 1) Costs may be higher than you expect. As well as buying the franchise. 2) The franchisor might go out of business 3) You may find it difficult to sell your franchise you can only sell it to someone approved by the franchisor. Source: British heart foundation British heart foundation is a charity in Britain which prevents people from heart diseases in humans. It was found in 1961 by a group of medical professionals. British heart foundation is a national and tertiary business and does not make any profit what so ever on all of their products that get sold around 12 different stores around the UK to decrease the chances of human having a heart attacks. The purpose of British heart foundation is that it supply’s a variety of second hand gifts and products also the aim of British heart foundation is to get as many people around the world to donate money to the organisation. The British heart foundation is owned by one person and is a sole trader’s organisation. Advantages: 1) The owner has full control of the business and can......

Words: 522 - Pages: 3

Free Essay

P1 Unit 1

...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.......

Words: 426 - Pages: 2

Premium Essay

Unit 1 P1

...| 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......

Words: 990 - Pages: 4

Premium Essay

Business Btec Level 3 Unit 1 - P1

...Unit 1 - P1 Table 1 Types Of Ownership: | Definition: | Example: | Sole Traders | A sole trader business is owned and controlled by one person and the most common type of business. | Window CleaningPlumbing Electrical Work | Partnerships | A partnership is usually formed by signing a Deed of Partnership (which sets out how profits will be shared and the different responsibilities and payments to partners) with the paperwork being supervised by a solicitor. | Medical PracticeDental PracticeAccountantsSolicitors | Private Limited Company | Private limited companies tend to be smaller than public ones. Often family businesses. There must be at least two shareholders. Shares in private limited companies cannot be traded on the stock exchange. | Green EnergyJohn Lewis PartnershipVirgin Atlantic | Public Limited Company | Public Limited Companies have their shares bought and sold on the stock exchange. This allows the company to raise large amounts of capital very quickly. | ASDAMicrosoftBlackberryMcDonald’s | Government Departments and Agencies | They operate on behalf of the government and are staffed by civil servants, known in this department as customs and revenue officers. Civil servants are people who work directly for the government. Their job is to collect income tax & other taxes on behalf of the government, to collect repayments on student loans and make payments such as tax credits. | Child Protection AgencyCabinet OfficeDepartment For TransportNHS......

Words: 1553 - Pages: 7

Premium Essay

Business Btec Unit 2 P1

...Unit 2 P1 & P2 For this assignment I will be describing the recruitment documentation used in ASDA. I will be talking about the employability, personal and communication skills required when applying for a specific role. Every organisation has different recruitment documentations and I will outline which documentations will be cost effective for a business. And I will also explain the different skills needed for different jobs. Job Description I have searched online for a job suitable for my demographic in a well-known supermarket; ASDA. I have chosen the job role of being a checkout operator. The first recruitment documentation I will be explaining would be the job description. The purpose of this section is to allow the candidates to be aware of what they need to do for the role. The description covers the job title and explains what duties the candidates are responsible for. It is also a document stating the initial role of the job that is being advertised and allows candidates to know what they are applying for and allows them to be prepared for the interview. Job descriptions are used through all stages of the recruitment process and is often used in the advertisement, be reminded of this again in the interview stage and being a successful employee by revisiting this document that the job requires and the hours that they are expected to work. Person Specification Each job role will have a different person specification because each one will need different skills...

Words: 1255 - Pages: 6

Premium Essay

Btec Business Unit 1 P1

...Pass 1 Tesco Information from Tesco’s website suggests that Tesco PLC is the largest retailer in the UK and the fourth largest in the world. Tesco is an international company as their stores are scattered around twelve different countries around the world. The company employs 500,000+ people across the countries that work for and supply Tesco supermarkets. Out of the 500,000+ people working for the company internationally, over 310,000 work in the 3,378 UK stores. Their profit gain before tax is £2.3 billion. Internationally, there are exactly 6,784 stores, with the business making £70.9 billion group sale. Tesco compete against a wide range of supermarkets such as, Morrison’s, Sainsbury, Co-Operative, Aldi, Lidl and Waitrose, ASDA. They compete with them for customers to purchase their product for a fair price however, Tesco still need to make a profit on it. Tesco is a retailer and is therefore part of the tertiary sector, as it provides a service and sells goods for the publics’ needs. Its main intention is to make a profit for its shareholders. Tesco believe that success depends of people. “The people who shop with us and the people who work with us.” More evidence to suggest that Tesco is a retailer is that the company makes profits on their products. Tesco is a Public Limited Company (PLC) which is a business that is owned by its shareholders, run by directors, and more importantly, whose liability is limited. Limited liability means tat the investors can only......

Words: 359 - Pages: 2

Premium Essay

Unit 1 P1

...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......

Words: 1442 - Pages: 6

Premium Essay

Unit 1 P1

...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......

Words: 328 - Pages: 2

Premium Essay

Business Btec Unit 1 P1, P2, M1 & D1

...Business Ownership P1 Organisation 1 – NHS The NHS is a national public sector health service maintained and paid for by the UK. The NHS was founded in 1948 in an attempt by the then heath secretary, Aneurin Bevan, to bring good healthcare to all. It was founded to provide affordable healthcare to the citizens of the UK who need it. Today the NHS has a very good reputation as it continues to provide good healthcare to those in need, they currently employ over 1.6 million government people to achieve this endeavour. The NHS is a national business as it only operates in the UK and only provides its services to those living in the UK. It only operates in the tertiary sector as they provide a service for the public but do not manufacture, sell or harvest raw materials. Because it is a public business it doesn’t make a profit instead it uses it’s funding to help with the financial burden of medical procedures. There are down sides to this for example the NHS don’t always have the most up to date equipment. Because the service is maintained and paid for by the government they are the ones that will be held liable for any problems with the way the NHS runs or if it overspends. The NHS is limited by their annual budget for the year 2015 their budget was £115 Billion. Organisation 2 - Starbucks Starbucks Coffee is a privately owned American global coffee company and coffeehouse chain. Public limited companies become a legal entity whose assets and liability are separate from......

Words: 3765 - Pages: 16