Business Environment - Ferguson, Marshall Group, the National Trust

Business Environment (Ferguson, Marshall Group, the National Trust)
(Report)
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Business Analysis 1
Table of Contents
1. Introduction..................................................................................................................................3
1.1 Ferguson................................................................................................................................3
1.2 Marshall Group......................................................................................................................3
1.3 The National Trust.................................................................................................................3
1.4 Legal structures......................................................................................................................3
1.4.1 Sole Proprietorship.........................................................................................................3
1.4.2 General Partnership........................................................................................................4
1.4.3 Limited Liability Company (LLC).................................................................................4
1.4.4 Corporations...................................................................................................................4
1.5 Public Ownership...................................................................................................................5
1.6 Private Ownership.................................................................................................................5
1.7 Forms of Financing of public ownership...............................................................................5
1.7 Forms of Financing of Private Ownership.............................................................................5
1.8 Assessment of the UK Competition Policy...........................................................................5
1.9 Legislative Framework With respect To Anticompetitive Practices.....................................6
1.10 How the Competition and Markets Authority operates to review Business practice and
impact on the Consumer..............................................................................................................6
1.11 Fiscal and Monetary Policy Instruments and the Impact on Employment, Taxation,
Interest Rate, Balance Of Payments and Exchange Rates In Relation To Business Operations.6
1.12 Globalisation........................................................................................................................6
1.13 How Globalisation affects Business....................................................................................7
1.14 How Globalisation affects Competition..............................................................................7
1.15 How Globalisation affects Economy...................................................................................7
References........................................................................................................................................8

Business Analysis 2
1. Introduction
1.1 Ferguson
Ferguson, is a company previously known as Wolseley Plc, established in 1953 by
Charles Ferguson mainly along with other business partners Ralph Lenz and Johnny Smither
with its headquarter in Wokingham, England. Its starting capital was around $165,000 at the
beginning. Ferguson is a British-American based multinational distributor company of plumbing,
ventilation, building constructive materials, air conditioning equipment and heating products.
The networks of products distributor are centred in UK, US and Canada (Iqbal and Keay, 2019).
1.2 Marshall Group
Marshall Group is a company founded by David Gregory Marshall in 1st October, 1909.
The headquarter is located in Cambridge Airport, UK. It was formerly known as Marshall’s of
Cambridge, operates to maintain, modify and design of an aircraft globally. The company works
on a civilian aircraft ranging from Cessna Citations to Boeing 747s (Johnson, Rudolph and Seay,
2010).
1.3 The National Trust
The full name of National Trust is National Trust for Places of Historic Interest or
Natural Beauty, it is the UK based charity organisation initiated by Octavia Hill, Sir Robert
Hunter and Hardwicke Rawnsley in 12th January, 1895. The main aim of the trust is to promote
the preservation of architectural heritage for the benefit of Nation (Lawlor and Lithgow, 2016).
1.4 Legal structures
There are four main legal structures that is operated in Ferguson, Marshall Group and
The National Trust, including Sole Proprietorship, General Partnership, Limited Liability
Company and Corporations (Robé, 2011).
1.4.1 Sole Proprietorship
Permwanichagun et al., (2014) stated that it is the form of business that is
possessed by single individual in which the owner and business have no legal distinctions
suitable for small businesses. The tax return is not filed but a sole proprietorship passes