Unit 1 P1 Research Paper

+- Unit 1 - Exploring Business Activity

Assignment: P1

How different can two business organisations be?

This research examines the two business organisations with a presence in the local area and discusses their very different purposes and ownerships. The two businesses are Tesco PLC and NHS.

Tesco PLC:

Tesco is an international public limited company headquartered in Chesham, Broxbourne Hertfordshire England. Hence, the company specialises in the retailing, multinational grocery and general merchandise retailer industry. Moreover, Tesco is the third largest retailer in the world measured by revenues, thus the second largest in profit (second after Wal-Mart.) Tesco proudly has 6,351 stores internationally and has roughly 520,035 employees

• No one tries harder for their customers

• Treat people as you like to be treated.

Tesco PLC is a wholesaler and retailer and is therefore part of the tertiary sector as it provides a service. Tesco proudly has 6,351 stores internationally and has roughly 520,035 employees globally and nationally noted in 2012 and clearly at lease 15% more noted in 2014. Around 75% of group sales and profits come from the UK Business. Thus, NHS states that their main purpose as an organisation, locally Tesco’s activities will be: sustaining performance and earning a profit; delivering a service to their customers and carrying out sales. Moreover, as a national organisation and as an international organisation, Tesco will carry out the exact same activities but instead they will try to keep Tesco as a reparative company across the

Limited Liability means that the investors can only loose money they have invested and no more. This is what encourages an individual to invest in the company. When shares in a plc are first offered for sale to the public, the company is given a “listing” on the London stock exchange. This means it has sold all or part of its business to outside investors. This generates additional funds for the business and can be an important form of fundraising. Tesco PLC is a wholesaler and retailer and is therefore part of the tertiary sector as it provides a service. Tesco is a supermarket that would receive the wholesale and retail trade service from the tertiary sector. This means that all wholesalers (Tesco) and retailers are entitled to receive this type of trade service from the tertiary sector. Tesco is also involved in the tertiary sector through receiving private services from the sector. Tesco hence purchases in the private service and they provide to Tesco as they are considered as a wholesaler or