unit 1 business P1 Crip sheet two contrasting businesses PDF

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Summary

use this to help you understanding what to do for this unit of work . thanks Success is not final; failure is not fatal: it is the courage to continue that counts....

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BTEC National Extended Diploma in Business In the header put your full name and the school Centre number 202046 Unit 1: Exploring Business Assignment Title: The features contributing to the success of contrasting businesses A.P1 Learning Aim A: Explore the features of different businesses and analyse what makes them successful Provide an introduction to the two businesses that you have researched about. businesses must be different and one must be profitable and the other not-for-profit.

The

Provide a brief introduction about this business, such as when did it start operating, background, history, etc. Ownership and Liability

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Private businesses: Sole trader, Partnership, Private Limited Company [LTD] and Public Limited Company [PLC], Cooperative, the difference between limited and unlimited liability Public Businesses: Government department [e.g. Ministry of Explain each point and also Defence, Ofsted] say which of the above applies Not-for-profit: Charitable trust, Voluntary organisations to your business. Give reasons why.

Purpose

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What do your two businesses supply? Products or services : give examples Difference between for-profit and not-for-profit

Sector

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Primary Secondary Tertiary Quaternary/Quinary

Explain each point and also say which of the above applies to your business. Give reasons why.

Scope of business activities

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Local National International

Size

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Micro – up to 9 staff Small and Medium Enterprises [SMEs] – small between 10 and 49 staff Medium – between 50 and 249 staff Large – more than 250 staff

Reasons for success of both businesses Work must be handed in already printed and in a plastic wallet

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