unit 1 assignment 1 p1. businesses are split into different sectors, these include; public sector-...

BTEC Level 3 Business Unit 1 Assignment 1 P1

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BTEC Level 3 Business

Unit 1 Assignment 1P1

Business Size

Page 3: Unit 1 Assignment 1 P1. Businesses are split into different sectors, these include; Public Sector- These are businesses run by the Government

Business Scale

Businesses are split into different sectors, these include;

Public Sector- These are businesses run by the Government.

Private Sector- These are businesses set up by a private individual/ group of individuals

Voluntary Businesses- These are businesses that are set up to help others.

Business Ownership

Page 5: Unit 1 Assignment 1 P1. Businesses are split into different sectors, these include; Public Sector- These are businesses run by the Government

Within each sector there are a range of different businesses

NHS Police Fire Service

Public Sector

The private sector is split into different types of businesses, ranging from small to large. Each type of business has different characteristics.

PLCs

Sole Traders

Ltd

Franchise

Partnerships

Private Sector

Page 7: Unit 1 Assignment 1 P1. Businesses are split into different sectors, these include; Public Sector- These are businesses run by the Government

Primary

Secondary

Tertiary

http://www.youtube.com/watch?v=8KDxAWfMwf4

Classification of Business

http://www.youtube.com/watch?v=8KDxAWfMwf4

Page 8: Unit 1 Assignment 1 P1. Businesses are split into different sectors, these include; Public Sector- These are businesses run by the Government

What is the main reason the business exists?

What is the businesses main activity?

To make a profit- McDonalds/ garage To provide a service- NHS/ POLICE/ FIRE

SERVICE To help others- cancer research/ British

heart foundation/ NSPCC

Business Purpose

Page 9: Unit 1 Assignment 1 P1. Businesses are split into different sectors, these include; Public Sector- These are businesses run by the Government

By size By scale/ location By economic sector By industrial sector

Using Home bargains as an example, explain each of the above points. Use research and full explanations to support your statements.

Reference all of your research with the date accessed and the website.

How can businesses be grouped?

Page 10: Unit 1 Assignment 1 P1. Businesses are split into different sectors, these include; Public Sector- These are businesses run by the Government

You will need to choose two contrasting businesses that exist in Folkestone, this could be two businesses in different sectors OR two businesses in the same sectors with different ownerships.

Begin your article for the Folkestone Herald by introducing each company. Research using the internet how the company started and some brief history

Assignment P1

Page 11: Unit 1 Assignment 1 P1. Businesses are split into different sectors, these include; Public Sector- These are businesses run by the Government

You then need to describe the ownership of each business. Make sure you clearly describe the ownership and give reasons why.

What are the advantages and disadvantages of each type of ownership.

Assignment 1 P1

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