Tuesday, December 31, 2019

Business Ownership Of Sainsbury s And Oxfam - 2892 Words

â€Å"BUSINESSES ON OUR DOORSTERP† Written by Sadia Raihana Mridha Introduction The purpose of this assignment is to understand the range of different businesses and their ownership. I chose Sainsbury’s and Oxfam as they are businesses with different characteristics from each other, as I needed to choose one big company (such as PLC (public limited company) or LTD (private limited company)) and a small business (such as partnership, sole trader, non-for-profit business). In fact, Sainsbury’s is a supermarket and Oxfam a charity. This assignment will cover the purpose and ownership of the two businesses, the stakeholders of each business and how they affect the business. Task 1A: Business ownership and purpose ïÆ'  Sainsbury’s: Sainsbury was†¦show more content†¦Sainsbury’s have 157,000 employees and the amount of money that they profits per year is  £25,632 million as 23 million customers come per week which demonstrates that it is a profit maker. The total sale of Sainsbury’s was +4.3% (including VAT, excluding fuel) in 2013, whereas the â€Å"like-to-like† sale was +1.8% (including VAT, excluding fuel) in 2013. The scale There are five different scales: local, regional, national, international and global. The local scale is when a business is found in the local area, for example Annie’s Salon. Regional scale is when a business is found in a specific region such as England. National scale is when the business is found in a national scale, e.g. in the UK (Tesco). International scale in when that specific brand is found in more than a country within a specific continent, for example Pupa which is found just in Italy and France. Global scale is similar to the international scale; however, the main difference is that in the global scale, the business is found in more than one continent, i.e. McDonalds. Sainsbury is in a local, regional and national scale as it can be found in the local area, it is in England, but because it is found also in other regions, it is national. However, it cannot be international as Sainsbury’s is located just in UK. The sector There are three different sectors: primary, secondary and tertiary. Primary sector is from where the products are beingShow MoreRelatedBusiness National P1, M1, D1 Essay2978 Words   |  12 Pagesï » ¿Business Environment Business environment is all about the combination of internal and external factors that may influence a business’ ways of operating such as: clients, suppliers, its competitors... stakeholders decide to start a business for many reasons: to pursue an interest or a hobby, mainly: to be their own boss. In other terms, people think that being your own boss, mainly as a sole trader gives you many opportunities although there are drawbacks as well. 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