Describe the type of business purpose and ownership of two contrasting businesses
1) Describe the type of business, purpose and ownership of two contrasting organizations
Sainsbury’s
Sainsbury’s is the UK’s most long standing major food retailer, having opened its first shop in 1869. Sainsbury’s brand is built around providing fresh and tasty food for its customers. It differentiates itself from other supermarkets by offering a broad range of products at a great price, a strong ethical approach to business and continuous leadership. The size of Sainsbury’s consists of 504 supermarkets and 309 convenience stores. A large Sainsbury’s produces over 30,000 products. Sainsbury’s is currently in the tertiary and secondary sector, this is because Sainsbury’s provides services (through banks), sell goods and own their own farm. Their purpose is to exceed customer’s expectations for fresh and healthy food, making their lives easier every day. Sainsbury’s ownership is the public limited sector because it sells its goods on the stock exchange. Sainsbury’s key stakeholders are:
Customers: They want a company to produce products that meet or exceed their needs, they would like to see improvements
Employees: They want the company to provide them a source of revenue; they seek security for employment, promotional opportunities and good rates of reward
Suppliers: Want stable instructions and punctual payments. They want to be valued by the company they work for.
RSPCA
RSPCA stands for Royal Society of Prevention of Cruelty to Animals. The vision of RSPCA is to work in a world that humans respect and live in harmony with the natural world. RSPCA first begun in 1824 as society for prevention of cruelty to animals. It total profit is funded by donations and legacies. Local inspectors were appointed and people promised to donate £20 pounds towards their inspectors. This has created 172 branches in English and Wales. In addition to the branches, there is one charity run by an animal trust and the other is run by a charitable company. RSPCA is currently
Sainsbury’s
Sainsbury’s is the UK’s most long standing major food retailer, having opened its first shop in 1869. Sainsbury’s brand is built around providing fresh and tasty food for its customers. It differentiates itself from other supermarkets by offering a broad range of products at a great price, a strong ethical approach to business and continuous leadership. The size of Sainsbury’s consists of 504 supermarkets and 309 convenience stores. A large Sainsbury’s produces over 30,000 products. Sainsbury’s is currently in the tertiary and secondary sector, this is because Sainsbury’s provides services (through banks), sell goods and own their own farm. Their purpose is to exceed customer’s expectations for fresh and healthy food, making their lives easier every day. Sainsbury’s ownership is the public limited sector because it sells its goods on the stock exchange. Sainsbury’s key stakeholders are:
Customers: They want a company to produce products that meet or exceed their needs, they would like to see improvements
Employees: They want the company to provide them a source of revenue; they seek security for employment, promotional opportunities and good rates of reward
Suppliers: Want stable instructions and punctual payments. They want to be valued by the company they work for.
RSPCA
RSPCA stands for Royal Society of Prevention of Cruelty to Animals. The vision of RSPCA is to work in a world that humans respect and live in harmony with the natural world. RSPCA first begun in 1824 as society for prevention of cruelty to animals. It total profit is funded by donations and legacies. Local inspectors were appointed and people promised to donate £20 pounds towards their inspectors. This has created 172 branches in English and Wales. In addition to the branches, there is one charity run by an animal trust and the other is run by a charitable company. RSPCA is currently