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P1 Describe the type of business, purpose and ownership of two contrasting businesses

   

Added on  2020-10-04

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Business DevelopmentFinanceEconomics
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P1 Describe the type of business, purpose and ownership of two contrasting businesses_1

Table of contentsINTRODUCTION...........................................................................................................................1P1 Describe the type of business, purpose and ownership of two contrasting businesses.....1P2 Describe the different stakeholders who influence the purpose of two contrastingbusinesses...............................................................................................................................2P3 Describe how two businesses are organised.....................................................................3P4 Explain how their style of organisation helps them to fulfil their purposes.....................5P5 Describe the influence of two contrasting economic environments on business activitieswithin a selected organisation................................................................................................6P6 Describe how political, legal and social factors are impacting upon the business activitiesof the RSPCA........................................................................................................................7CONCLUSION................................................................................................................................8REFERENCES ...............................................................................................................................9
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INTRODUCTIONThe report is going to carry out an investigation for two businesses and whether theybelong to a private sector, public sector, and non-profit sector. The report is also going to find out ifit’s a primary, secondary, Tertiary and whether it’s international and local company. The twobusinesses. The companies which have chosen are RSPCA and Sainsbury.P1 Describe the type of business, purpose, and ownership of two contrasting businessesSainsbury’s:Background informationSainsbury's Supermarkets is the UK’s longest standing major food retailing chain,having opened its first store in 1869. The Sainsbury’s brand is built upon a heritage ofproviding customers with healthy, safe, fresh, and delicious food (AL Qahtani and Saba,2013). It differentiates itself by offering a broad range of great quality products at fair priceswith emphasis on fresh food, a strong ethical approach to business and continuous leadershipand innovation.Size of businessJ Sainsbury plc consists of Sainsbury’s – a chain of 504 supermarkets and 319convenience stores. A large Sainsbury’s store offers around 30,000 products and anincreasing number of stores also offer complementary non-food products and services (Bahand Fang, 2015).Business sectorSainsbury’s is currently in the Tertiary and Secondary Sector this is becauseSainsbury’s provide services from their own banks, sell Food and, they have their own farm.Main goals and purposeAt Sainsbury’s they will deliver an ever-improving quality shopping experience fortheir customers with great products at fair prices. Their aim is to exceed customerexpectations for healthy, safe, fresh, and delicious food, making their lives easier every day.1
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RSPCABackground informationRSPCA stands for The Royal Society for the Prevention of Cruelty to Animals. TheRSPCA’s vision is to work for a world in which all humans respect and live in harmony withall other members of the animal kingdom. The RSPCA began in 1824 as the Society for thePrevention of Cruelty to Animals (Bansal and Hoffman, 2012). The RSPCA is a registeredcharity (no. 219099) that receives no lottery or state aid. Voluntary donations and legaciesexclusively fund its £82 million annual running costs.Size of businessRegional inspectors were appointed, with local campaigners promising to raise £20 ayear towards their inspector’s wages. This development created the nucleus of a nationalnetwork of 172 branches in England and Wales that exists today. These branches run afurther 38 clinics and 33 animal centres. In addition to the branch run establishments there isone other animal centre run by a trust and another run by a charitable company.Main goals and purposeThe main goals for RSPCA is reducing the use and suffering of dogs in medicinestesting. The purpose is to give animals with special needs and give pets a loving care homes.Type of ownershipThe type of ownership RSPCA fit into is charitable trust; this is set up to raise fundsand support other people and animals for good cause (Barkeeper and Tsang, 2014).Liability: They are liable to pay to the creditors and all the members have the unlimitedliability.Debt: P2 Describe the different stakeholders who influence the purpose of two contrastingbusinessesSainsbury’s Key stakeholdersCustomers – They want a company to produce high quality, value for moneyproducts. They like to see improvements that give them better value for money.2
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