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BTEC Business Level 3
Unit 1 – Exploring Business – Assignment 1
Assignment One –
LAA, LAB
Toyota and NSPCC
Unit One – Exploring Business
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BTEC Business Level 3
Unit 1 – Exploring Business – Assignment 1
Contents Page
Introduction
A. P1 Explain the features of two contrasting businesses
Ownership and Liability
Purposes, Sectors, Scope of business activities and Size
Reasons for success
A. P2 Explain how two contrasting businesses are influenced by stakeholders
What are stakeholders?
Stakeholders and their influence on a business’s success
A.M1 Assess the relationship and communication with stakeholders of two
contrasting businesses using independent research
How the businesses convey appropriate presentation and delivery of information to a
given audience
Importance of communication to aid businesses success
B. P3 Explore the organisation structures, aims and objectives of two contrasting
businesses
What is organisational structure?
The organisational structures of both businesses
The Functional/Operational areas
Aims of businesses in different sectors – mission, vision and values
SMART Objectives
B.M2 Analyse how the structures of two contrasting businesses allow each to
achieve its aims and objectives
AB. D1 Evaluate the reasons for the success of two contrasting businesses,
reflecting on evidence gathered
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BTEC Business Level 3
Unit 1 – Exploring Business – Assignment 1
INTRODUCTION
In this assignment, I will be talking about the profit organisation Toyota and the Not-for-profit
organisation NSPCC.
Toyota
Headquartered in Aichi, Japan, Toyota Motor Corporation is a multinational automotive manufacturer
that is among the world's largest automobile producers, manufacturing approximately 10 million
vehicles each year. The company's origins can be traced back to Kiichiro Toyoda, who founded it in 1937
and incorporated it with Toyota Industries, a machine-making company started by his father, Sakichi
Toyoda. In the 1960s, Toyota capitalised on the rapidly growing Japanese economy by targeting the
expanding middle-class population and using its success to fund an international expansion. This strategy
helped Toyota become Japan's largest company and the ninth-largest company in the world in terms of
revenue. Toyota's vehicle production is divided among five brands: Daihatsu, Hino, Lexus, Ranz, and
Toyota.
NSPCC
NSPCC is a prominent UK children's charity that focuses on child protection and is committed to
safeguarding children to prevent abuse. Established in 1884 as the London Society for the Prevention of
Cruelty to Children, the organisation has been providing support for over a century. The NSPCC is unique
in that it is the only children's charity in the UK with statutory powers to intervene and protect children
who are at risk of harm. Between 2016 and 2021, they successfully aided in making more than 6.6
million children safe from abuse. Throughout its history, the NSPCC has expanded its services,
campaigned for legislative changes, disseminated information about abuse and its warning signs, and
created new resources for children, parents, and professionals.
A. P1 EXPLAIN THE FEATURES OF TWO
CONTRASTING BUSINESSES
1. Ownership and Liability
Toyota
Akio Toyoda is a Japanese business executive who currently serves as the President of Toyota Motor
Corporation. He is the grandson of Kiichiro Toyoda, the founder of Toyota Motors. Toyota is a publicly
traded company that operates in the private sector, which means that it is owned and controlled by
individuals or groups of individuals rather than the government. Being a public limited company (Plc.)
has several advantages, including the ability to sell shares to the public through stock exchanges, limited
liability protection, and the opportunity to raise more capital. The sale of shares to the public offers a
broader range of funding options to the company. Limited liability provides protection and security to
business owners and investors, which encourages entrepreneurship and investment in new ventures.
Additionally, this can help raise the company's profile. Toyota has sold 3,262,997,492 shares to 512,745
shareholders and is listed on the London, Nagoya, New York, and Tokyo Stock Exchange. The three
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BTEC Business Level 3
Unit 1 – Exploring Business – Assignment 1
largest shareholders include Custody Bank of Japan, Ltd., Toyota Industries Corporation, and The Master
Trust Bank of Japan, Ltd.
NSPCC
Sir Peter Wanless is currently serving as the CEO of NSPCC, since 2013. As a charity, NSPCC operates in
the not-for-profit/voluntary sector, which is owned by non-profit organisations. The voluntary sector is
not owned by the government, but rather controlled by the public and their cooperation. Organisations
like NSPCC are established to serve the needs and interests of the public or specific communities, often
addressing social or environmental issues that are not adequately met by government or private sector
entities. As such, they rely on public support, including donations, volunteers, and advocacy, to fulfil
their mission and sustain their operations. The sector's objective is to do good for society, and any
surplus made is invested in achieving that goal. NSPCC is registered as a charity and therefore receives a
charitable status, which means it is treated differently by the government in terms of taxes. Although
NSPCC has both workers and employees, all decisions are made by the board of directors and trustees,
who are elected by the members who pay. Additionally, the liability of the charity is limited to the extent
of its assets, and members of the charity are not personally liable for any debts or legal actions taken
against the organisation.
2. Purposes, Sectors, Scope of business activities and Size
Toyota
Toyota's primary goal is to manufacture and distribute products with the aim of generating a profit. To
achieve this, they prioritise their customers throughout their operations, ensuring that their efforts are
focused on providing excellent customer satisfaction. This includes the production and distribution of
both goods and services to meet their customers' needs. Toyota’s goods are tangible as a lot of their
revenue comes from automotive sales, however they also provide services that are non-tangible as a
portion of the company's revenue is generated by its dealership networks, authorised showrooms,
service centres and E-commerce sites. Toyota operates in both the secondary and tertiary sector as not
only do they convert raw materials into finished goods thus adding value, but they also then go onto
selling the valuable products and services to customers and other businesses who are prepared to pay
for and/or use them, making Toyota split into two parts. The first being Business 2 Customer (B2C) as
they provide services and products to individuals but also Business 2 Business (B2B) as they provide their
products and services to other businesses like companies in the travel and hospitality industry. Toyota’s
scope of business activity is international as they operate on a global scale selling their products and
services in multiple countries across the world. Today, Toyota operates 67 manufacturing companies and
markets vehicles in more than 170+ countries and regions worldwide. They have around 366,283
employees making their business size large as they have a lot more than 250 staff members. Toyota
annual revenue for 2020 was $275.356B, a 1.22% increase from 2019.
NSPCC
NSPCC’s purpose is to assist children that have been abused or hurt in their life and to protect them.
They provide both goods and services to society. NSPCC provide tangible goods as they operate shops in
many locations selling items such as homeware. They also provide non-tangible services to children who
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BTEC Business Level 3
Unit 1 – Exploring Business – Assignment 1
have been abused or hurt. They operate in the tertiary sector because they provide a service to
individuals that are in need. NSPCC’s scope of activity is national, as they only operate throughout the
United Kingdom. They are also a large business; this is because it has over 250 staff as they have around
2500 employees and 1700 volunteers.
3. Reasons for success
Toyota
There are different measures of success depending on the aim’s objectives of the business’s or brand.
Toyota's focus on quality has been a key driver of its success. The company's manufacturing process
emphasises quality control and continuous improvement, resulting in highly reliable and durable cars.
Not only this but Toyota places a strong emphasis on understanding and meeting the needs of its
customers. This has resulted in a loyal customer base and a reputation for producing cars that are safe,
reliable, and efficient.
NSPCC
There are many reasons why NSPCC has been successful. One reason is because they have continued to
achieve their aims and objectives that they set out to reach. NSPCC has a clear mission to protect
children from abuse and neglect. This has been the focus of their work since their beginning in 1884.
Their values, which include putting children first, valuing every individual, and being courageous and
ambitious, are integrated into all their work. Another reason is because of their expertise and credibility.
NSPCC is a well-respected charity that has been operating for over a century. They have established
themselves as experts in the field of child protection and have gained credibility with the public,
government, and other organisations.
A. P2 EXPLAIN HOW TWO CONTRASTING
BUSINESSES ARE INFLUENCED BY
STAKEHOLDERS
1. What are stakeholders?
A stakeholder is a person or group that has interest or concern in an organisation. Stakeholders can
affect or be affected, negatively or positively, by the organisations actions, objectives, and policies.
Internal stakeholders are typically individuals or groups who work for the organisation, such as
employees, managers, executives, and shareholders. External stakeholders are individuals or groups who
are not directly employed or invested in a company, but who can be impacted by the company's actions
and decisions. A stakeholder's needs should be considered when making decisions. This is because they
will influence a business and affect its ability to achieve success. Different stakeholders will have
different needs, meaning there may be conflict of interest because of these different needs.
