business environment P1 Essay

Submitted By nabinrai17
Words: 1097
Pages: 5
Open Document
Unit Title: Business Environment
(P1)

Content
Introduction…………………………………………………………………Page 3
ASDA…………………………………………………………………………Page 4
British Red Cross………………………………………………………….Page 5
Conclusion/Reference…………………………………………………….Page 6

Introduction:
There are many people who think that organisation is block of buildings, yes you can say that but I think it’s only around 2-3% right. Because organisation is a group of working together towards a specific goal, aim or objectives and block of building is where those people work at for example West Thames College is also an organisation but the buildings are where the staffs of the college works at and it is not necessary that you have to work in block of building for example even you are working at home through internet which can also be organisation. Business organizations are a social unit of people. Which are structured to get, need or pursue goals that are collective.
The two organisations which I have chosen for my report are ASDA and British Red Cross. I will describe the activities of the two organisations showing how and why the business was set up, the purpose and how has it developed with time.

ASDA
ASDA is one of the UK largest retailers as it has the second largest chain by market share after Tesco. ASDA has a long history as the organisation originally was setup in the 1920s by a group of Yorkshire farmer. ASDA’s headquarter is located in Leeds, West Yorkshire, UK.
Business activity:
ASDA is a national retailer as it has more than 550 stores around UK spread to different counties and town throughout UK. But however ASDA is owned by American’s giant retailer and part of Wal-Mart.
Business sector:
ASDA operates in secondary and tertiary sector, but however ASDA mostly is in tertiary sector, because ASDA usually purchases, for example food, electronic device and many other products from other business within secondary sector and ASDA resells it to their customers. ASDA can also be classified as secondary as it has its own brand of product which is known as Chosen by You. ASDA can be classed as secondary because they manufacture their own product such as organic products, meat, toys and etc.
ASDA can be classed as secondary and tertiary sector but however as I have said it before ASDA mostly operates in tertiary sector as it’s a large organisation which means they are more likely to buy more products from other business as they have more than 550 stores around UK.
Business purpose:
As many other retail store ASDA’s main purpose would be to make profit because profit is the money a business makes after accounting for all the expenses. ASDA is trying to expand as they are more stores which mean they will have more customers and more customers will lead them to more profit. To every business to make profit is there ultimate goal because they can do a lots of thing with the money they earn they can upgrade, invest in new technology, invest in bank, can take on new staff, expansion, pay off outstanding liabilities, pay your share holder and remodel your building/stores. But as time flies the purpose of ASDA are concerned with attracting the budget market for example selling at the lowest possible price with high quality of goods. As they have a slogan saying Saving You Money Every day. The organisation are also trying to promote their brand as they manufacturing it for example organic products, meats, electronic devices, etc.
Ownership of the business:
ASDA is a public limited company in short form PLC. ASDA is owned by an American retailing company Wal-Mart, which is one of the biggest retailing companies around the world. ASDA is also owned by its shareholder which cause constantly change to the ownership of ASDA, as the shares are constantly brought and sold.

British Red Cross
Red Cross (UK) is a charity is who helps people
Show More

Related Documents: business environment P1 Essay

P1 Unit 1 The Business Environment

e in the contract that stated, “…athletes are expected to demonstrate citizenship and leadership in all classes, and conduct and sportsmanship should always reflect on you and the school in the best possible way.” Nevertheless, the team and the player were very upset over this, but there was little that could be done due to the contract. This contract that I signed opened my eyes to the pressing need that I need to read a contract fully and to ask questions about clause that I do not understand…

Words 1397 - Pages 6

Samsung Galaxy Note II (2) Essay

Standard Assessment Brief Paperwork Course of Study: Btec Level 2 Diploma in Business Group: 1 . Unit Title: 4 22: Visual Merchandising and Display Techniques for Retail Business Assignment Title: Creating a buyer environment Date Set Review Date Submission Date Brief IV: Assign IV: W/C 27/1/14 See individual tasks 6/6/14 Student Name: Date: Date: Lecturer: Claire Biggs Objectives – (Learning Outcomes) Grading Criteria Available 1. Know the techniques…

Words 1523 - Pages 7

Explain The Points Of View Of Different Stakeholders Seeking To Influence The Purpose Of Two Contrasting Organisations

Assignment brief – QCF BTEC Assignment front sheet Qualification Unit number and title Level 3 90 Credit Diploma in Business 1: The Business Environment Learner name Assessor name Lorraine Schofield Date issued Hand in deadline Submitted on 18th November 2014 16th December 2014 Assignment title Two Contrasting Organisations In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. Criteria…

Words 677 - Pages 3

Evaluate The Likely Impact On A Selected Business To Significant Variations In National Economic Activities

School of Business and Leisure BTEC National Diploma in Business – Feedback and Review Sheet Student Name: Unit 30 Business and the Economic Environment Assignment: One Assessor Hand out Date Hand in Date: Assignment Internally Verified by – Name: Signature: OUTCOME(S) 1 Investigate the impact on businesses of changes in levels of business activity 2 Consider the impact on businesses of changes in European, national and local government…

Words 563 - Pages 3

Explain the Ethical Issues a Business Needs to Consider in Its Operational Activities Essay

By Syriah Grossett Unit 37 P1 Task 1 (P1) Explain the ethical issues a business needs to consider in its operational activities What does business ethics mean? Business ethics is a form of applied ethics it deals with ethical rules and principles within a business or commercial context, the various moral or ethical problems that can arise in a business setting, and any special ethical duties or obligations that apply to people who are engaged in commerce, including workers and managers…

Words 864 - Pages 4

Module 1 Class Homework Solutions Essay

Module 1: Framework for Analysis and Valuation M1-20. a. b. c. d. e. BS and SCF IS BS BS and SE SCF f. g. h. i. BS and SE SCF and SE SCF and SE IS, SE, and SCF M1-21. There are many stakeholders impacted by this business decision, including the following (along with a description of how):     You as a Manager—your reputation, self-esteem, and potentially your livelihood could be negatively impacted. Creditors and Bondholders—credit decisions based on inaccurate information could occur. Shareholders—buying…

Words 1279 - Pages 6

Unit brief 39 Essay

BTEC Business Studies (Level 3) Unit 39 International Business Aim and purpose The aim of this unit is to introduce learners to the role played by international business. The importing and Exporting of goods and services are important economic activities to any economy. Learners will study National and international businesses and the framework in which they operate. In this unit you must explain the importance and differences of international trade. You will explain key economic terms and demonstrate…

Words 1047 - Pages 5

unit1level3 assignment with due dates Essay

Unit number and title UNIT 1: The Business Environment Qualification BTEC LEVEL 3: BUSINESS Start date SEPTEMBER 2012 Deadline DECEMBER 2012 Assessor C.GILL Assignment title Two Businesses on our Doorstep; Similar Businesses in Different worlds The purpose of this assignment is to: Give learners the fundamental knowledge of a range of business organisations, and the many factors that shape the nature of organisations operating in an increasingly complex business world. Scenario You have been appointed…

Words 694 - Pages 3

Economics and Business Essay

BTEC National Subsidiary Diploma/Diploma (Level 3) in Business Studies, UNIT 1 ASSIGNMENT – The Business Environment Student Name: Teacher: | Date assignment issued: Final Completion Date: | Welcome to your first assignment for BTEC Level 3 Business Studies. In order to make sure that you complete the unit on time and meet all your deadlines, you will find that the assignment is broken down into key tasks. Each…

Words 1647 - Pages 7

An Economic Analysis Of The Current Oil Market And Prices

by 10%, the demand quantity of oil will drop only 5%. The suppliers make profit when they increase the price, so this cause oil price always increases. P Price of oil (USD) Q Quantity (Gallon) Oil Market Supply Curve Demand Curve Q1 P1 P2 Q2 Weak Response Figure 6: Inelasticity in demand to price changes However, consumers will take time to adjust their consumption patterns to price changes; this will cause the oil price become more elastic for long term. For example, they…

Words 3206 - Pages 13