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The Business Environment P1 P2 M1 D1
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The Business Environment P1 P2 M1 D1
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Thea Chisholm THE CHISHOLMUnit 1 – P1/P2/M1/D1
Assignment 1 TIMES 95p
The Business Environment
Introduction: Non-for profit/voluntary – A business or
charity that raises money to help those in need
In this assignment I am going to describe the and create awareness of any problems people
type of business, purpose and ownership of might have e.g.
two different organisations. The two I am Red Cross
choosing are cancer Research UK and
Sainsbury’s.
Chain of
Production:
P1 – For this task I will explain where
different businesses operate. Primary – Collecting raw/natural resources
from the ground, sea or growing things e.g.
Local – Probably just one mining, fishing.
or two stores in a small
area e.g. Local cafes, Post Secondary –
Office. Manufacturing the
resources into goods and
Regional – A few services e.g. factories
businesses in a bigger area e.g. South West creating wool.
Trains, Estate Agency’s.
Tertiary – Selling the
National – Businesses all over the UK e.g. good and services by
NHS, BP. marketing them in e.g.
International – shops, schools.
Companies that buy and
sell all over the world e.g.
Apple, Tesco. Types of legal structures:
Global – Businesses that Sole trader – A business that one person owns
have shareholders and offices in two or more and they might operate by themselves e.g.
countries e.g. McDonalds, Coca-Cola. Panini’s Café, Florists.
Partnership – A business that two or more
people own and they work together e.g. a
Different types of business: group of doctors.
Private – A business
that want to gain as
much profit as they Private limited company – A small/medium-
can. They also want sized business that is normally run by a family
good relations with or small group of people.
customers who are loyal e.g. Banks
Public limited company – A business with
Public – A limited liability and share capital of over
business that is £50,000 e.g. Tesco plc, Facebook plc.
owned by the
government, which
provides service
for everyone who
lives near e.g. BP
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