Pearson BTEC Level 3 Unit 1
Exploring Business Assignment 1
Pearson BTEC Level 3 national Foundation Diploma in Business
Unit 1: Exploring Business- Assignment 1
Learning Aim:
A: Explore the features of different businesses and analyse what makes them
successful
B: Investigate how businesses are organised
Assessor: Suzanne Sharples
Assignment title: Features contributing to the success of
contracting businesses
Introduction
This assignment has been studied for a Public limited company and a non-profit
organisation, which therefore is Tesco PLC and Cancer research UK has been chosen.
The characteristics of these two successful companies will be carefully explored.
Therefore, an introduction will be implemented which will be contrasted with the
following ownership and liability, company establishment, liabilities, purpose and
industrial sector of the two companies.
1/A.P1 Explain the features of two contrasting businesses
Summary
1
,Cancer Research UK is a non-profit organisation a registered charity. A non-
profit organisation like Cancer Research is an organisation that doesn't receive
cash for its owners has an objective like donating cash to social causes. A non-
profit organisation has much more to do than just make profit.
The characteristics of a non-profit organisation are that it is not based on the
concept of profit making. Although it is certainly a significant consideration to
make as much cash as possible (to have the greatest possible resources to offer
individuals in need too). A nonprofit organisation like cancer research is
focused on offering as much social assistance as possible. A non-profit
organisation is fun, not for private gain, for the advantage of the public.
They're not out there to make a profit, so they get additional government
support that includes tax exemption, so they don't have to pay taxes.
The purpose of Cancer Research UK is to provide efficient cancer research and to
attempt to increase awareness. Established in February 2002. Cancer Research UK
attempts to define causes and create prevention, diagnosis, therapy, and cure
strategies. The non-profit organisation was established by forming the campaign
for cancer research and the Imperial Fund for Cancer Research. The organisation
per annum reaches around £634.81 million.
Ownership and liability
Cancer research is clearly a non-profit organisation out of the three company
sectors (public, private and non-profit). This means its organisation with the
aim of doing something socially good instead of just making a profit. They are
getting funded, raising cash, and accepting donations.
Cancer research as a UK registered charity, is a charity that works for
charitable purposes and must devote its resources and resources to
charitable operations. The charity must be resident in the United Kingdom
and cannot use their revenue to help their trustees. As a charity, the
benefits they receive should not be used for their members ' private use.
There are trustees in a registered charity, such as cancer research,
considered as the equivalent in a public limited company as a shareholder.
These trustees form a charity's governing body. The trustees are the people
who make the large choices. They have a legal function to guarantee that
revenue from the organisations is well spent, in the correct manner, and
that any debts are evident. Trustees generally select a board of directors for
charities, which is headed by a chief executive, just like a PLC.
As a registered charity, cancer research is responsible for the misuse of
donation money they are caught. That's the trustees ' job of making sure the
money is given to a good cause, not for personal use or gain. Therefore,
another responsibility would be to ensure that for any reason the
organisation is not fined or in trouble. This is the responsibility of the trustees,
as they also regulate the company by the authority. This leads to the liability
2
, of the charity if it went to a loss it would mean losing all of the money which
was funded towards the charity.
Purpose
The purpose of Cancer Research UK, as a non-profit organisation, is to provide
a solution to the dilemma of life loss through cancer form. Being a globally
renowned charity, they can alternate the lives of so many unfortunate
individuals across the entire world. One goal that UK cancer research has is to
provide the world with a secure, cancer-free future. By providing sustainable
programs, public education and multiple campaigns to help raise awareness,
Cancer Research UK is trying to fulfil these goals. By doing all this, they want
to achieve innovative and practical ways of learning from or working with
other organisations on a much wider scale.
The vast advances in the fight against cancer have been recognized by Cancer
Research UK. Less than a quarter of people diagnosed survived in the 1970s,
another last 40 years, survival has more than doubled, a half will know how to
survive. The ambition of cancer
research is to speed up the progress of survival for cancer. However, within the 20 years,
expectations have it that at least three quarters of people will have to survive the disease.
Cancer research UK does not only aim to fight cancer only in UK. Therefore, it helps the
entire world and make a good impact globally. It’s a popular non-for-profit organisation
especially in Europe. It has one of the most advanced cancer research centres globally. The
donations and funds that they gain is used on their scientific research and health care
operations. Therefore, this leads to local communities helping fighting cancer together in a
large scale.
Industrial sector
Cancer research UK is not included in one industry sector because it provides a service and
helps people therefore it produces products. It is therefore secondary and tertiary as it
demonstrates the service of health care and education, as this shows it is tertiary due to
providing a service for health care and education. They are also secondary as they build new
equipment and develop new cancer fighting methodology.
Scope of Business
Cancer Research UK, although its study and methodology is used on a worldwide scale in the
fight against cancer, the non-profit organisation itself works on a domestic scale, operating
only in the UK.
Size of a business
Cancer research being globally known as very successful; it is large business. Being honest
and working to fight cancer they sure to have many volunteers to help them along the way.
The number of employees working for cancer research are 44,000 employees. Om the other
hand, only 4,000 of these are getting paid which leads to 40,000 people being volunteers. in
fact, this is in United Kingdom alone. Employees like chief executive officers and lead
3
