Write a BRIEF introduction to each business to explain what it does. * Explain the purpose of each business. * Describe the sector it operates in. * Explain in detail the type of ownership that the two businesses have- including the advantages and disadvantages of each type of ownership. Task 1 Write a BRIEF introduction to each business to explain what it does. The British heart foundation was founded 50 years ago in 1961 by a group of medical experts who wanted to do some research
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find it difficult to decide whether or not their business is going to operate as a sole trader or a limited company. There are advantages and disadvantages to both, although becoming a sole trader is much easier then limited company. However, a sole trader does not share his/her responsibilities with anyone but they bear it all by themselves. These include; legal and financial whereas a limited company separate legal entity to their directors, limiting the liability if things go wrong. As a sole trader
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are the advantages and disadvantages? The three forms of business organizations are proprietorship, partnership, and corporations. The first two forms proprietorship and partnership are very similar based on advantages and disadvantages. Advantages are that it is easily and inexpensively formed, there are very few government regulations and the income is not subject to corporate taxation but taxes on the proprietors or partners incomes. For a corporation there are three main advantages. First
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of organizations they are Not for profit business oriented organizations, for profit health entities which include Investors owned, professional corporations/ professional associations, sole proprietorships, limited partnerships and limited liability partnerships and limited liability companies. Governmental HCOs and Non-governmental nonprofit HCOs. These four main types of firms differ in terms of ownership structures. They are different HCOs that require slightly different sets of financial statements
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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
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BETWEEN DIVIDEND GROWTH AND RISK FOR COMPANIES LISTED AT THE NSE | MURIITHI ERIC | THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE PRACTICES AND FINANCIAL AND FINANCIAL PERFORMANCE OF INVESTMENT BANKS IN KENYA | NICHOLAS KIPYEGOMEN CHEPKOIWO | FACTORS AFFECTING THE DEVELOPMENT OF EMERGING CAPITAL MARKETS. THE CASE OF NAIROBI STOCK EXCHANGE | KIPKURUI KIMOSOP | THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE AND FINANCIAL PERFORMANCE OF INSURANCE COMPANIES IN KENYA | OMENDA CHRISTOPHER ODHIAMBO
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businesses are the chosen types of ownerships. Furthermore, I will be discussing the businesses which are of the following types; PLC, Ltd and Partnership. 2.0 findings The three businesses I am investigating will be Tesco PLC, Ford Motor Company Limited and The John Lewis Partnership. I have chosen these three businesses because they all have different ownerships and they give me a wider range to research as I discuss why different ownerships may be better for the type of business. 2.1 Tesco
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costs and benefits of each long-term option available. Long-Term Financing A company needs long-term financing if they want to expand their business as Genesis is planning by starting operations in Europe and Asia. Sources of long-term financing include shares that are issued to the public and these holders are considered the owners of the business. There are two types of shares – equity and preference. The advantages of equity capital is no fixed maturity, no obligation to redeem, no compulsion
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The Business Environment Unit 1/Assignment 1 Callum Whitehead Introduction In this assignment I am going to be describing the type, purpose and also ownership of two contrasting businesses. I will then look at stakeholders and look how they influence the businesses, look at how they are organised and explain how their style of the organisation helps to fulfil their purposes. Task 1 (Part A) My 2 contrasting organisations: 1. NHS 2. Microsoft Location – Explain different locations
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Compare and contrast the Companies Act 1963 -2009 with the Companies consolidation Bill 2011. Highlight the major differences and identify new initiatives in the Bill. The 1963 Act, by law the Principal Act, remains nominally the main Companies Act in Ireland today, but does not anymore provide a comprehensive statement of the law. Since 1977 it has continually been amended. The 1990 Act contains 262 sections of law and the 2001 Act contains 114 sections, although the Principal Act contains only
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