Tesco And Chester Zoo: Similarities And Differences

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Tesco and Chester Zoo
This essay will focus on two companies Tesco and Chester Zoo. I am writing an essay to identify and describe these two companies. I will look at their ownership and explain how the businesses are organized to achieve their purposes. I will also compare both of them to find out the differences between these two companies.

Tesco is the largest retailer in UK. It is a public limited company which sells multinational grocery, health and beauty product, household items and toys etc. Since Jack Cohen founded Tesco in London’s East End at 1919 and now it has sprouted branches in 12 countries with over 7,800 stores include franchises. Tesco hire over 530,000 employees and they serve over tens of millions customers per week. Tesco …show more content…

And there are some advantages of a public limited company such as there is limited liability for the shareholders which mean the maximum losses that will cause are the amount that the shareholders invested in that company it won’t cause more than that so for the investor the risk is limited. Other than that the public limited company’s potential capital that they can raised is large they can raise fund by selling shares or borrow from bank. Also public limited company is easier to obtain financing because most of the banks and financial institution would like to invest to the larger company just like PLC. PLC have high continuity although the helm of company step down the company can still operating normally because shareholder can transfer their shares to anyone. There are many advantages of PLC but it still have some disadvantages for instance :PLC must make public annual financial report of the company also if the company close the liquidator must be realize the all assets to distribute to all creditors and shareholders. So the owner of Tesco are those people who bought the shares of Tesco. Furthermore, every year Tesco will held the annual general shareholders meeting. Tesco will report the annual accounts, strategic report and directors' report etc. to the shareholders in the meeting. Therefore the shareholders of Tesco can have more information and data to grasp more about …show more content…

The charity trustee is also the people who are responsible for everything that happens in the zoo. As the zoo is a charity it cannot have debts Chester Zoo is a tertiary company. It's business is take care the animals and service the visitors. The legal structure of Chester Zoo is charity. Chester Zoo is a company which provide the conversation and education charity such as they will donate the tickets to some organisation and the registered charities who help or support Chester Zoo's mission which is to protect the animals to protect the biological diversity in world. They will also donate the tickets to the local school and the local registered community groups. And Chester Zoo does publish its annual

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