Preview
Preview

Report on Classification Of Business Essay

:: 4 Works Cited
Length: 1028 words (2.9 double-spaced pages)
Rating: Purple      
Open Document
Need writing help? Check your paper »



- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Report on Classification Of Business

Classification of Businesses according to their types of activity:

Primary Sector Businesses: The gathering of raw materials, such as
fish, oil, or coal from the land or sea or growing using the earth to
grow things such as crops or trees

Examples: Rio Tinto (Mining), JCI Gold (Mining), Anglo Amer (Mining),
BP (Oil and Gas), and Soco International (Oil and Gas).

Secondary Sector Businesses: The processing of raw materials into
finished goods. Examples of this are food production, computer
component manufacture, and car manufacture.

Examples: Schweppes (Food and Drink), Unilever (Food and Drink), Intel
(Computer Component Production) and Ati (Computer Component
Production).

Tertiary Sector Businesses: This sector contains organisations
supplying 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 Ownership:

Public Sector: The part of an economy that consists of state owned
institutions, including nationalised industries and services provided
by local authorities.

Examples: BBC (Television Broadcast), Post Office (Communications),
and The National Grid (Electrical Distribution).

Public Companies: Companies whose shares may be purchased by the
public and traded freely on the open market and whose share capital is
not less than a statutory minimum.

Examples: Marconi (Communications and Defence), Sony (Electrical
Equipment), Hitachi (Electrical Equipment).

Classification of Business according to their Size:

Number of Employees: Total Number of people employed by a company.
Currently the top company in the UK using this method is;

Unilever (Food Products) (261, 000 employees)

Profit: Total amount of capital left after deducting all costs.
Currently the top company in the UK using this method is;

Royal Dutch/Shell Group (Oil and Gas) ($M12, 719)

Market Capitalisation: The value of 1 share times the amount of
shares. Currently the top company in the UK using this method is;

Royal Dutch/Shell Group (Oil and Gas) ($M216, 361)

Revenue: The gross income a business enterprise, usually...


... middle of paper ...


...5, 724, and so far this year, its revenues come to £M6, 942.

Although the company is turning over a very large revenue, their
profits in recent years have been in decline.

Last years earnings per share were 18pence, and so far this year, the
earnings per share are a loss of 10pence. Share Prices dropped
dramatically over the summer of 2001, to an all time low of 52.9pence.
Some investors thought that the shares could not possibly drop any
further, and so invested in some shares. Unfortunately, share prices
did drop even further to 28.4pence. There is currently a slow trickle
of increase in profit, to their current price of 32.5pence, due to
Marconi 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 Marks and Spencer Plc have a strong brand name, but this
is only as important in their industry as in that they have a long
list of clients, built up over the years, many of who will do repeat
transactions with the company.

Web sites:

- http://www.ft.com

- http://www.forbes.com

Newspapers:

- The Financial Times

Books:

- Collins Concise English Dictionary


Click the button above to view the complete essay, speech, term paper, or research paper

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »







This essay is 100% guaranteed.


Title Length Color Rating  
Essay on The Industrial Classification to Organize Industries - ... For example, if we are classifying a company that is in the Dairy business, they would be given a code that the first two digits indicate that they are specifically in the business of Dairy. Then the third digit would specify that they are either in the Cheese or the Yogurt business. This system was established in order to decrease the chances of making a mistake when classifying what type of product an industry is dedicated to. (The North American Industry Classification System in the Current Employment Statistics Program, 2014) SIC codes are used by agencies such as the Census Bureau, Bureau of Labor Statistics, the IRS and Social Security....   [tags: classification, businesses, coding] 1070 words
(3.1 pages)
Better Essays [preview]
Essay on Report on the Business of Marks and Spencer - Report on the Business of Marks and Spencer · Classification of the business to its ownership · The benefits and constraints of ownership · The objectives of the business and how well they meet them · The structure of the business · The functional areas and how well the business meet objectives · Management style and culture · How quality assurance and control system contribute to added value · Alternative methods of quality assurance and control · Communication channels within the business MARKS & SPENCER[IMAGE] AN INTERNAL INVESTIGATION OF THE BUSINESS OF MARKS & SPENCER Introduction --------------- 1.0 This is a report on Ma...   [tags: Papers] 8843 words
(25.3 pages)
Strong Essays [preview]
Classification Essay - Types of Gas Pumpers - Types of Gas Pumpers There are many types of people who purchase gasoline, but three types are easy to spot. All three have an obvious physical appearance which sets them apart from other gas purchasers. Each also has a distinctive pumping technique and freely vocalizes his opinion. Finally, each type has a particular way of annoying every other patron at the same location. The first type of gas purchaser is Leisure Lou. He can be identified immediately by his appearance. He drives a station wagon with wooden side panels and a bumper sticker that tells the world that he is retired....   [tags: Classification Essays] 979 words
(2.8 pages)
Strong Essays [preview]
Essay on A Detailed Business Report of One Medium Size or Large Business - A Detailed Business Report of One Medium Size or Large Business I have been asked to produce a detailed business report of one medium size or large business. My well- planned business report should contain: Ø The objectives, organisational structure and communication channels that operate within the business. Ø An examination of how these factors, interrelate in a way that can affect the success of the business. Ø An explanation of how quality assurance and control assurance and control systems help the business to add value to its products....   [tags: Business Management Studies] 5246 words
(15 pages)
Strong Essays [preview]
Business Strategies for a Licensed Hair Dresser Essay - Business Strategies for a Licensed Hair Dresser Introduction This paper is designed to help every classification of worker in the beauty industry go to the next level of professionalism, legitimacy, and excellence. It is not enough to sharpen your craft and become the best in haircutting, coloring, or nail artistry, and cannot make any money. Due to, not being able to attract customers. The vocational and technical schools for cosmetology, skincare, and makeup are designed to teach the fundamentals of the various trades and prepare us for the state board licensing exams....   [tags: Business Management Strategy] 2391 words
(6.8 pages)
Strong Essays [preview]
Feasibility Report Essay examples - Abstract The purpose of this report is to determine whether it would be feasible for the Style Shop to add a computerized register to the store. The Merchandising Society is the largest club on F.I.T.’s campus. It provides the opportunity for its members to enhance their college experience at the Fashion Institute of Technology. Its members are dedicated to gaining exposure to the fashion industry first-hand through running a business, visiting companies worldwide, and volunteering services to the community....   [tags: essays research papers] 1188 words
(3.4 pages)
Strong Essays [preview]
Influence of Technical, Environmental and Business Trends in IT Service Industry - Introduction In today’s economy, the feature of a company’s customer service can signify the difference among success and failure. Good service translates into better customer loyalty, which in turn translates into higher profits and customer profitability. Companies should have strong service management team that can provide and manage the information which is needed to deliver world-class service support as well all the other additional products and services which may require by client as per their business need while delivering incomparable customer satisfaction....   [tags: Economy, Customer Service] 1883 words
(5.4 pages)
Powerful Essays [preview]
Essay on XBRL Extensible Business Reporting Language - XBRL Report XBRL, the eXtensible Business Reporting Language, is an open standards-based reporting system built to accommodate the electronic preparation and exchange of business reports around the world. XBRL started back in 1999 with 12 organizations as the founding members. There are now in excess of 450 organizations worldwide in over 30 countries involved in its development. It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data....   [tags: Accounting Finance] 1121 words
(3.2 pages)
Good Essays [preview]
Business Report Essays - This report is to show Helen Marsh and Brian Taylor the problems of their business in more detail than the report give (case study). I will outline and investigate further into the following matters: Growth Performance Management REPORT- SOFTWEAR SYSTEMS Executive Summery In this report I have given a lot of research into the relevant subjects. I think that the way I have looked at the possibilities will help Helen Marsh and Brian Taylor overcome some of the obstacles in their organisation in order to make there business successful....   [tags: Business and Management Studies] 3933 words
(11.2 pages)
Strong Essays [preview]
Business Report Essay - Business Report SOCIAL CUSTOMS Every country has it’s own social customs and gestures. Ireland has its share of social customs that differ from the United States, but for the most part the countries are relatively similar. Friendliness and hospitality have always been the hallmark of the Irish people. People in Ireland react to strangers very politely, as you would expect in most parts of the United States. The attitude toward foreigners in Ireland is reasonably friendly, and welcoming, as opposed to being hostile....   [tags: GCSE Business Marketing Coursework] 3131 words
(8.9 pages)
Powerful Essays [preview]