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Unit 5 Assignment 1 International Business
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lOMoARcPSD|3013804Unit 5: International Business -
Assignment 1
Understanding Business (University of Greenwich)
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Unit number and Title: Unit 5: International Business
Learning Aim:
Learning A – Explore the international context for business operations
Learning B – Investigate the international economic environment in which business operates
Assignment title: Assignment 1: Why trade internationally?
A.P1 Explain why two businesses operate in contrasting international markets
Section One:
In this section, I will be introducing two businesses which operate in contrasting sectors
and are based in more than one country. The two different British businesses I have
selected to report on are BT and Tesco. In this section I will be talking about:
The operation of each businesses
The reasons each conducts businesses internationally
Types of finances available to each business
A full analysis of the support which has been given to each of the business
BT – Operation of the Business
BT Group PLC is a holding company which is a British multinational telecommunication
company. BT Headquarters are in United Kingdom, London. The founder of BT is William
Cooke and John Lewis Ricardo. It holds several operations from up to 180 countries and
the largest provider of fixed line with also mobile and broadband services within the UK. BT
also providers subscriptions for televisions and also IT services. General Post Office, which is
a government department did become the monopoly of the telecoms within the suppliers
of
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the United Kingdom. 1960 is where it led to becoming a public corporation and British
Telecommunication and then lately trading as British Telecommunications and was formed
fully in 1980.
British Telecommunications then was privatised in 2984 which became British
Telecommunications plc and gained 50 per cent of its shares sold fully to its investors. Later
then, the Government sold its other stakes of the shared in around 2992 and 1993.
BT does have a listing on London Stock Exchange which also means there is a secondary
listing on the New York Stock Exchange and also a part of the FTSE 100 Index. In 1912.
Therefore, BT does have in control of big subsidiaries. BT has around 18 million customers
in the UK alone. BT operated in more than 280 countries including Ireland, America, France,
Germany, Italy, Nordics, Spain, South Korea, China, Hong Kong, Africa, Singapore, Japan and
many more.
BT products include Mobile services, Broadband Internet, TV, IT and network services,
Supply Chain Management and Telecommunications equipment.
BT is in the secondary, tertiary and quaternary industry as with its manufacturing with BT
manufacturing company which is an ISO-9001 certified electronic contract manufacturer
being established and providing good performance from 25 years within the electronic
manufacturing services.
BT - Structure
BT is currently running a PLC which means that the shared are fully available to the stock
exchange. BT employs around 104,000 people worldwide and including 93,000 in the UK
alone. 2019 February is when BT did announce their new organisational structure will be
taking effect from April 2016. Brands like EE networks and other high street stores will be
fully retained and will soon develop a secondary consumer division which will operate with
BT consumer. Serving customers with mobile services, broadband and also TV is perfect for
BT.
The new structure has also allowed BT business and public sector to have around £5bn of
revenue and serve multiple small and large businesses within the United Kingdom. BT added
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a new division where BT Wholesale and also ventures will be compromising the existence
of BT wholesale division within the EE’s MVNO organisation.
BT later in 2017 announced to change the organisational structure to “Simplify its operating
model, strengthen accountabilities and accelerate its transformation” and wanted to
involve bringing together its BT Consumer and EE divisions into a brand new BT consumer
division which will operate with three brands which are BT, EE and PlusNet.
Later on, 2018, BT did also announce further organisational changes which followed the
unification of the BT consumer and EE division which was aimed to unify BT Business and
Public Sector and the BT Wholesale and Ventures divisions into a brand new unifies division
together which is known as today BT Enterprise.
Tesco Operation of the Business
Tesco PLC is a British multinational grocery and its headquarters are located in Welwyn
Garden City, Hertfordshire, England, United Kingdom. Tesco is the third-largest retailers in
the world. Tesco contains shops around in seven countries across Asia and also Europe.
Tesco is the market leader of groceries in the UK with an outstanding market share of
28.4%, Ireland Hungary and also Thailand.
Tesco was founded in 1919 by Jack Cohen and other groups of market stalls in London.
Tesco’s name itself first appeared in 1924 when Cohen did manage to purchase by a
shipment of tea. Tesco managed to expand rapidly and by 1939, Cohen managed to grab
onto over 100 Tesco shops across the country.
Since 1960s Tesco did try to get into areas such as retailing of books, clothing, electronics,
toys, petrol, software’s, telecoms, financial services, internet services, etc. During the
1990sw, Tesco attracted various socials groups with its low-cost Tesco Value products
which range from that to Tesco Finest range. This resulted in huge attraction and was a
fantastic way of providing great value to all types of economic social groups.
Tesco is also on the London Stock Exchange and is also of the FTSE 100 Index. Its market
capitalisation was around £18.1bn and 28th largest company on the London Stock
Exchange.
Tesco Structure
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