Business Sectors: British Airways, Waitrose, and Corner Shop

Desklib provides past papers and solved assignments for students. This report analyzes three UK business models.

Business and Business
Environment

Introduction
This report explains about business sectors and
the size and scope about the business of British
airways, Waitrose and Conner shop. It is also
explaining about business functions and
structures of business organisation and finally it
is explaining about the interrelationship
between the organisation functions

Explanation of difference types and purposes
of organisation
There are three types of organisations in United Kingdom such
as (BARON, 2012)
• Public,
• Private and
• Voluntary organisations.

Explanation of difference types and purposes
of organisations
Public organizations:
Public type of organisation such as the councils is the specific businesses that are run and owned
by the government. NHS is government based organisation that provides healthcare. This
particular sector is focused around providing the necessary essentials required to the public on
regular basis.
For example, British Airways is a profit oriented business organization under the ownership of
the UK government and run by public organization. Aim of the profit-seeking business
organization like- British Airways is to generate profit whereas not for profit business
organization wants to achieve social mission (Blair and Hitchcock, 2005). For British Airways
owners are the shareholders who really own the business and directly take part in decision
making of the business.

Explanation of difference types and purposes
of organisations
Private Sectors:
Private organisations are run by business owners or individual stakeholders. This type of organisation is a part of
the economy that is not controlled or owned by the government. The businesses are managed and controlled by
individuals or certain enterprises. The types of jobs that will be found in the private sector are jobs in financial
services, law firms, newspapers, aviation, hospitality as well as other non government organisations. (Blowers, et
al., 2005).
Private Sector are including the following
 Sole trader
 Partnership
 Private Limited
 Public Limited

Private sector
Sole trader
Sole proprietorship: In this type of specific business,
due to simple structure of the organization, the
entrepreneur at question brings his own capital. He is
the sole organizer, operator, controller, decision maker,
financier, and mostly responsible for all the success as
well as any failures of the business.
For example, Patel Singh Convenience Store is solely
run by single owner. It is a grocery shop which is
located in UK.

Private sector
Partnership
Partnership is not an entity in its own right, like a company, but a
relationship based on a contract between two or more people. A
partnership does not have a legal personality separate to that of the
partners, and therefore can not make contracts or own land (brand
1999)
example, Waitrose partners Waitrose Limited, a food retailer,
operates a chain of supermarkets in England, Scotland, and Wales. It
sells groceries, such as bakery products, milk, meat, fruits and
vegetables, beers, wine and spirits, soft drinks and water, household
products.

Private sector
Private Limited
A private limited company, or LTD, is a type of privately
held small business entity. This type of business entity
limits owner liability to their shares, limits the number
of shareholders to 50, and restricts shareholders from
publicly trading shares. Shares cannot be offered to
the public and recognised by having “limited” or
“LTD” at the end of the company name.
Example, chain of retailers or restaurants

Private sector
Public limited
A public limited company (PLC) is the legal designation of a
limited liability company (LLC) that has offered shares to the
general public and has limited liability.
A company whose securities are traded on a stock exchange
and can be bought and sold by anyone. Public companies are
strictly regulated, and are required by law to publish their
complete and true financial position so that investors can
determine the true worth of its stock (shares). Also called
publicly held company. Example, Tesco and Sainsbury’s

Voluntary sector
The ‘voluntary sector’ refers to organisations
whose primary purpose is to create social
impact rather than profit. It is often called the
third sector, civil society or the not-for-profit
sector. All the charity organisations are voluntary
sectors. Example, Oxfam.

Definition of scope of the business
• The scope of a business can be referred as the
nature of the business. The scope of every business
organisation encompasses each activity that the
entity has performed, which is inclusive of product
development, sales, marketing, customer services
and many others. A huge segment of every business
emphasizes on developing their products and
services according to the desire, expectations,
demands, and requirements of the potential clients.

Contd..
The scope of business of the British Airways, the Corner Shop, and the Waitrose Ltd are as
follows:
British airways
The business scope of the British Airways is providing supreme quality services to the
potential clients of the organisation by providing the all the employees of the company
with proper training so that they can address their expectations, requirements, as well as
demands.
Waitrose
As the competition in the industry of supermarket chain is relative high, the business scope
of the Waitrose Ltd is not only to address the expectations, requirements, and demands of
its potential clients, but also achieving a competitive advantage in the market.
Conner shop
The Corner Shop being a sole trading organisation, the business scope of the company is
providing its customers with quality products which are distinctive than its rival
enterprises. This in turn will satisfy the requirements and demands of the potential clients
in an effective manner.