OCR Level 2
Cambridge Technicals
in Business
Unit 1:
Business Purposes
Business Types
There are many different
types of business.
Bank
They have
different purposes Shop
andFarm
ownerships.
Charity
Restaurant
Businesses can
operate locally,
Insurance
nationally
broker or globally.
Manufacturer
Supermarket
Different Businesses
Let’s look at two examples of different businesses,
The Co-operative Group
Vodafone GroupGroup
plc.
Theand
Co-operative
Operates
nationally
Co-operative
2010 financial
year £13.7bn
sales
Founded by a
group of local
people in Rochdale
in 1844
Profits paid to
members
Public Limited Company
Purpose:
to supply goods
Approximately 6
million members
Different Businesses
Vodafone
Group plc
Operates
internationally
Became an
independent
company in 1991
Purpose:
to provide
services
Public Limited Company
Over 56 billion
shares issued
PLC with shares
sold to the
general public
2010 financial
year £44.5bn
revenue
External impacts
All companies are affected by government
decisions and policies at local, national and
European levels.
Taxation
Employment
Competitiveness
Equality
Economic
growth
Balance of
payments
Inflation
Interest
rates
How do you think government decisions
and policies impact on The Co-operative
Group and Vodafone Group plc?
What will you learn?
After completing this unit you will:
Understand the
purpose and
ownership of business
Understand the
business context in
which organisations
operate
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