P1
There are two types of businesses, private and public. The difference between public companies and private companies is their ownership. Private held companies are under control of a single or group of shareholders when public companies are owned by the government.
[pic]
Ownership of the business
Top shop is operating in private sector. It is a Public Limited Company this means they sell their shares on the stock exchange and that it’s available to the public to purchase shares. Every public limited business is regulated by law to include a plc at the end of their brand name. Since top shop is a public limited company it has a limited liability. Limited liability is when the business goes bankrupt; the owner is
…show more content…
Police
Ownership of the business
It is a Government owned business. They obtain its founds via government founding, this means that the police does not have to generate any founds within the business. It also means that they have no control over resources and decision making. This structure allows them to focus on the safety and improving safety of citizens. Since, the
There are five different scales: local, regional, national, international and global. The local scale is when a business is found in the local area, for example Annie’s Salon. Regional scale is when a business is found in a specific region such as England. National scale is when the business is found in a national scale, e.g. in the UK (Tesco). International scale in when that specific brand is found in more than a country within a specific continent, for example Pupa which is found just in Italy and France. Global scale is similar to the international scale; however, the main difference is that in the global scale, the business is found in more than one continent, i.e. McDonalds. Sainsbury is in a local, regional and national scale as it can be found in the local area, it is in England, but because it is found also in other regions, it is national. However, it cannot be international as Sainsbury’s is located just in UK.
There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.
The ownership of Tesco PLC is being a public limited company where a business is large and well-known which is what Tesco PLC is. This is a chain of retailers with some sort of branch in city centres. Being a public limited company means that shares are traded on the stock exchange which is where businesses such as Tesco PLC shares are traded on a centralised market. Shares from public limited companies such as Tesco PLC are offered to the public. Furthermore, shares are sold publicly to anyone.
Businesses and industries that are not owned or controlled by the Government. Private Sector organisations operate privately to make a profit with income generated from the sale of their products or services. Although many private sector firms are owned and controlled by individuals, many are owned by groups of people; for example, companies may be owned by shareholders, who have invested in that company.
The organization was founded in 2003 and its mission is to “make Atlanta the safest and most inviting city for businesses, residents and visitors” (Atlanta Police Foundation, 2017, para. 1). Atlanta Police Foundation is a formal organization as it is recognized by both local government and IRS as a 501(c)(3) (Atlanta Police Foundation, 2017). The organization itself claims that “the Atlanta Police Foundation is a 501(c)(3) non‐profit organization” (Atlanta Police Foundation, 2017, para. 8). Since Worth’s (2014) examination of nonprofit characteristics reveals that one factor of a private - non-government agencies - organization is the allocation, pursuit, and fund raising of resources, these findings thus demonstrate that the Atlanta Police Foundation is a private organization not a state government entity (Atlanta Police Foundation, 2017; Worth, 2014). For example, “Private sector support is…critical…[for]…APF’s resources [and for APF to] continue to offer the leadership and advocacy, [and] to improve efficiencies within the department and spearhead [organizational services]” (Atlanta Police Foundation, 2010a, p. 2). The Atlanta Police Foundation’s annual report
Public police follow strict requirements, training, and certification. Politics, government establishments, and laws also control them. Their main concern is the welfare and safety of the public. “Private security/policing is a service provided by private companies. Quality private security companies, like Inter State Security, will have strict and
All police procurement is handled and supervised by the police affairs capital procurement division but in the case of the ZTE project, it was by executive order directly from the
Topshop has multiple strategies in keeping ahead of their competition. They fundamentally believe that what sets them apart from their competitors is the fact that they are not just selling a product but they are selling an experience (Justin Cooke). You can see this notion
Tesco PLC, the top three retailer in the world, which was establish by Jack Cohen in 1919 year, which has near 100-Year history. In these days, it has been thrived to 12 country all over the world, including United Kingdom, Malaysia, India, Hungary, Ireland, Kipa, Slovakia, Poland, Czech, Thailand, even South Korea, and China (Tescoplc.com, 2012). Tesco is a public limited company. According to Marcouse (2011:92), “Public limited company (Plc) is a larger type of company that must have at least £50,000 of share capital and has its shares traded on the stock market”, therefore Tesco can have greater capital source and shareholders in their business.
The business is viewed as a separate legal entity. This means that even if a shareholder leaves the PLC or dies, the business can continue. Ability to raise large amount of capital.
As seen from the example above, it is easy to note that although each unit is under different names and investigative tactics, they all coincide with the general policing operations, as they are collectively on the same mission as one another – which is to enhance the quality of life and well-being of those in the community, along also with trying to keep the State a safe and secure place to live (About WA Police,
Three different types of economic systems used by governments are Communism, Capitalism, and Socialism. Each type of system is unique in different ways. Each has distinct aspects that make it what it is. In communism, the government runs everything and there are no social classes. The government in capitalism doesn’t interfere with any businesses and lets the citizens own and operate them. Socialism is basically a mixture of the two economic systems. The government runs certain businesses, but citizens run the rest. The three economic systems are different in the way they run things and regulate things.
5. Privately held company. Cargill, being a privately held company only answers to the family shareholders who own it. In a public company there are typically hundreds of shareholders all whom get to vote, Cargill only has the family members and ESOP shares to contend with. Having a long-term vision is also much easier when a company is privately held.
Private Sector Organizations: Private Sector Organizations operated and owned by the private individual instead of government and usually aimed to make profit for its shareholders. Around the world the most business activities are in private sectors. Some of the well – known private sectors organizations are: Coca-Cola, Google, and Amazon.
When we examine public sector versus private sector, plenty of differences come to mind. In defining each, we learn a private sector in an economy consist of all businesses and firms owned by ordinary members of the general public. It also consists of all the private households in which people live. The public sector in an economy is owned and controlled by a government. It consist of government businesses and firms and goods and services provided by the government such as the national health service, state