Essay Unit 1 business enviroment

Submitted By CosmicAcid
Words: 556
Pages: 3
Open Document
The Public Sector
A public Sector is a publicly owned company that is normally funded through tax and is a big part of the public welfare in the United Kingdom, allowing citizens of the uk, health care and security benefits, this is a non-profit organisation that aims to stay in budget rather than a private sector which strives to make a profit. These businesses include public services such as the army (royal navy), fire services, NHS and the police force.
Private Sector
A private sector business is a privately owned company, that is normally driven by profits and for start-ups aim to break even. There are three different types of private sector organisations, sole trader which is normally self-employed, such as landscapers and plasters and franchise like McDonalds, which sell their brand business structure for a fixed price often offering financial support.
Voluntary Sector
A Voluntary sector organisation is a non-profit organisation normally a do go mission statement, aimed to benefit others often charity but also organisations such as national trust which aims to preserve the British countryside and derelict buildings and uses income to expand rather than keep some profits.
Primary Sector
The primary Sector is the organisations surrounding the process given to producing raw materials and resources the end goal is to produce or manufacture good quality materials are a competitive price and market this too the secondary sector where these materials and resources are delivered to warehouses and factories to be processed into a final product. These include mining companies for natural resources also food and other commodities.
Secondary Sector
The Secondary Sector is the organisations surrounding the process of transforming raw materials gathered by the primary sector into commercial, viable retail products. Example a furnishing company receives wooden planks or logs from a lumber yard, these are then build and carved into furniture, and sanded down and polished into a final product. This is now ready to be dispatched to the tertiary sector this includes retail outlets.
Tertiary Sector
The Tertiary Sector is the organisations surrounding the process, of marketing and selling the final product. This is the last process, where the
Show More

Related Documents: Essay Unit 1 business enviroment

P5,M2 Unit 1 Business Enviroment Essay examples

that I would be describing about are recession and growth on the business activities of John Lewis. Growth occurs when more goods are being produced and consumed, and also incomes are rising. During growth people spend more money on goods and services as they have more money to spend and also businesses would invest more and hire more labour as it links to increasing demand. Recession however occurs when people involved in business become more cautious so they cut their spending down and also cut…

Words 1619 - Pages 7

Essay on Principles of Management

informal system of group dynamics to sanction some behaviors and limit others. Fayol Former manager, administrative management. 14 Principles of Management Weber bureacracy Open Systems Require inputs from the enviroment. Long term success requires looking into the enviroment for developments Scientific management studying work in a systematic manner in order to find a more rational way of conducting work. Theory X and Theory Y McGregor Theories represent manager's attitudes toward…

Words 643 - Pages 3

Essay about Business Proposal

Business Proposal Olive Myers-Rose ECO561 8/18/2014 Christian Teeter Abstract Sales in the wig and hair goods industries in the U.S and Canada alone has increased from 900 million in the late 90’s and above 2 billion dollars in the early to mid-2000’s with the introduction of newer products. The recent recession has seen more women entering the market looking lucrative business opportunities. A spurt in hair add-ons such as ponytails, braids and assorted lengths attached to clips and combs have…

Words 1928 - Pages 8

Essay about Maybelline Case Study

Marketing Audit Maybelline Cosmetics Natali Louise 2010 Natali L 1/1/2010 TABLE OF CONTENTS 1. EXECUTIVE SUMMARY 2. IDENTIFY MAYBELLINES CORPORATE & MARKETING OBJECTIVES 3. DEFINE THE PROBLEM 4. EXTERNAL ENVIROMENTAL PROBLEM * MARKET DEFINITION * MARKET SIZE * MARKET GROWTH * MARKET STRUCTURE * MARKET TRENDS * COMPETITION * MARKET SEGMENTATION 5. INTERNAL ENVIROMENT (EXISTING MARKETING MIX) * PRICE, PRODUCT, POSITION, PROMOTION…

Words 1657 - Pages 7

Learning Otganizations and Effectiveness Essay

every different learning abilities.In contrast to behaviorism, cognitivism is a relatively recent learning theory and its features are not well known or are confused with constructivism by teachers (Yilmaz, 2011). Nothing feels better than a an enviroment where everyone is willing to learn new content. When a person is allowed to apply what they have learned it creates an opportunity for furthered organizational success as that employee understands the importance of there job duties and the organization…

Words 2923 - Pages 12

Xerox Scandal Essay example

and services enterprise that helps businesses deploy smart document management strategies and find better ways to work. It’s intent is to constantly lead with innovative technologies, products and solutions that customers can depend upon to improve business results. Xerox provides the document industry’s broadest portfolio of offerings. Digital systems include color and black-and-white printing and publishing systems, digital presses and “book factories”, advanced and multifunction systems, laser and…

Words 2773 - Pages 12

Comparative Study Of HUL P G Www Essay

CHAPTER.1: INTRODUCTION OF THE PROJECT I. OBJECTIVES Study culture and climate of The HUL AND P & G. Study The Financial Activities And Share Market. Study The Marketing Strategies of HUL AND P &G. Study The Shares Procurement System Of HUL AND P &G. Study The Drawbacks And Plus Points Of HUL AND P &G. To get practical touch to theoretical knowledge. To study on the assessment of working capital. To…

Words 6545 - Pages 27

Essay Unit 1

Edexcel BTEC Level 4 HNC Hospitality Management Unit 1 The Contemporary Hospitality Industry Thomas Spalding 8/29/2014 Summary This assignment outlays how the hospitality industry is fairing in today’s economy, and how its best to approach the future with staffing issues and improving the image for the younger generation to be involved in a career in Hospitality, to how we can make Hospitality a more environmentally friendly surrounding and deal with the ever changing society in which…

Words 4010 - Pages 17

Essay on Marketing Final

Chapter 13 & 14- Channels and SCM “P3”-Distribution Marketing Channel: a set of interdependent organizations that eases the transfer of ownership as products move from producer to business user or consumer. Marketing Channel Functions: Specialization and division of labor Overcoming logistical discrepancies Providing contact efficiency Marketing Channels reduce the # of transactions required Overcoming discrepancies Discrepancy of Quantity: The difference between the amount of product…

Words 2850 - Pages 12

Audit of Home Improvement Retailers Essay

Depot and Lowe’s are both large successful home improvement retailers. This paper discusses the background of both companies and goes into detail about the financial ratios including profitability and liquidity ratios. The paper also discusses business risks, audit risks, and the proper audit procedures that are necessary. The paper focuses on audit procedures of three important asset accounts: Cash, inventories, and accounts receivable. Team Members: Julie November…

Words 3945 - Pages 16