Essay
UNIT 2 the business of travel and tourism P2 national trust
- Institution
- PEARSON (PEARSON)
UNIT 2 the business of travel and tourism fact sheet
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By: izzydreher • 4 year ago
By: kingwong102 • 6 year ago
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National
Organisational Characteristics
Business structure
Trust
National trust is a government controlled organisation meaning it is under the
direct control of the government however it is also controlled by its members as
they have a big part in keeping the business running as they are paying the
organisation money over a certain period of time.
Business organisation
The business organisation is a partnership with other companies such as
Cadburys and virgin, which is when the business has multiple owners and each
one of them will have invested into the business; the partnership income tax is
also paid by the partnership however the profts and losses are equally divided
between the partners and therefore paid by them depending on their agreement.
National trust isnt autonmous however this means the business managaes and
controls itself and alows a great deal of freedom in the workplace. Employers
and manages are able to make their own decesions about their business and
arent partnered with anyone.
Control
National trust is controlled by its trustees which are individuals who are a
member of a board given control in trust with a legal duty to manage it only for
the reason specifed. urthermore there are normally 12 trustees however they
can be up to 15 and they usually come from a variety of backgrounds with the
purpose to conserve the business. Members serve for a maximum of two terms
in order to guarantee a balance of continuity and refreshment. inally the board
of trustees meets six times a year and that includes visits to trust regions.
A proprietor is an individual who is a self-employed owner of a proprietorship
business; the owner has limited liability and is the only one who is in full control
of the business including debts.
Documentation for business set-up
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