Sunday, March 17, 2019
Report on Classification Of Business Essay -- Business and Management
Report on classification Of BusinessClassification of Businesses fit in to their types of usePrimary firmament Businesses The gathering of raw materials, such asfish, oil, or coal from the land or sea or growing utilize the earth togrow things such as crops or treesExamples Rio Tinto (Mining), JCI Gold (Mining), Anglo Amer (Mining),BP (Oil and Gas), and Soco external (Oil and Gas).Secondary Sector Businesses The processing of raw materials intofinished goods. Examples of this are fare production, computercomponent manufacture, and car manufacture.Examples Schweppes (Food and Drink), Unilever (Food and Drink), Intel(Computer Component Production) and Ati (Computer ComponentProduction).Tertiary Sector Businesses This sector contains organisationssupplying services, and includes both commercial services providers(banking, finance and retail), as well as direct service providers(Health and education).Examples Stagecoach (Transport), British Airways (Transport), CGNU(Insurance), BT (Telecommunications) and Natwest (Banking).Classification of Business According to their Broad OwnershipPublic Sector The bulge of an economy that consists of state ownedinstitutions, including nationalised industries and services providedby local authorities.Examples BBC (Television Broadcast), stance Office (Communications),and The National Grid (Electrical Distribution).Public Companies Companies whose shares may be purchased by thepublic and traded freely on the open market and whose share with child(p) isnot less than a statutory minimum.Examples Marconi (Communications and Defence), Sony (ElectricalEquipment), Hitachi (Electrical Equipment).Classification of Business according to their SizeNumber of Employees Total Number of people employed by a companion.Currently the top comp any in the UK using this manner isUnilever (Food Products) (261, 000 employees)Profit Total amount of capital left after deducting completely costs.Currently the top company in the UK using this m ethod is purple Dutch/Shell Group (Oil and Gas) ($M12, 719)Market Capitalisation The value of 1 share magazines the amount ofshares. Currently the top company in the UK using this method isRoyal Dutch/Shell Group (Oil and Gas) ($M216, 361) revenue enhancement The gross income a business enterprise, usually... ...5, 724, and so far this year, its revenues come to M6, 942.Although the company is turning over a very large revenue, theirprofits in recent years have been in decline.Last years recompense per share were 18pence, and so far this year, theearnings per share are a loss of 10pence. Share Prices droppeddramatically over the summer of 2001, to an all time low of 52.9pence.Some investors thought that the shares could not possibly drop any moreover, and so invested in some shares. Unfortunately, share pricesdid drop even further to 28.4pence. There is currently a slow trickleof increase in profit, to their current price of 32.5pence, due toMarconi coming into profit again (5,000 ,000 in the second quarter,compared to an operating loss of 222,000,000 in the first quarter).Marconi, like label and Spencer Plc have a strong brand name, but thisis only as important in their industry as in that they have a longlist of clients, built up over the years, many of who get out do repeattransactions with the company.Web sites- http//www.ft.com- http//www.forbes.comNewspapers- The Financial TimesBooks- collins Concise English Dictionary
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