Within this assignment, I have described the type of business, purpose and ownership of two organisations which are Kellogg's (PLC, for profit) and the NHS (Public Sector, non profit). This Piece of coursework achieved its pass criteria.
Unit 1 – The business Environment P1
P1 – Describe the type of business, purpose and ownership of two contrasting
businesses.
As a reporter I have been asked to produce a document which describes various
aspects of two organisations belonging in different economic sectors. The two
organisations I have chosen are Kellogg’s PLC, belonging in the private sector and
the National Health Service (NHS), belonging in the public sector. I have chosen
these organisations due to their familiarity with the public and the vast amount of
information available on them.
Kellogg’s which was founded in 1906 provided the first ever ready to eat cereal.
The convenient nature of the product meant it was a quick success and now
Kellogg’s have factories throughout the world allowing them to target a worldwide
audience. Today, Kellogg’s has managed to become the second largest snack food
company by frequently innovating and marketing their products. The company’s
corporate responsibility efforts have enabled a strong trust between its
shareholders which has enabled the company to grow each year.
The National Health Service (NHS) was founded in 1948 and was funded through
general taxation and national insurance of the UK. The NHS was developed to
provide a “comprehensive health and rehabilitation service for prevention and
cure of disease”. Today the NHS remains the publicly funded healthcare system of
the United Kingdom and is the oldest single-payer healthcare system in the world.
Organisations can be operated on different scales; local, national, international
and global. Organisations that operate on a local scale are small and have a single
place of business (unless a service) and are often family run or have very few
employees. Local organisations tend to only target residents of their community
as customers. Organisations that operate on a national scale are much larger than
local ones and employ a greater number of people, usually from different regions.
Organisations on an international scale tend to operate between several countries
Page
1
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller aarxnk. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.12. You're not tied to anything after your purchase.
