Student signature: Date:07.12.2022
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BTEC HN Student Submission and Declaration Form
Introduction
ACTIVITY 1. An introduction to sub-sectors and the different types of organisations in the food retail industry, the market size of the chosen industry and the growth of the international business environment;
P.1. Explanation of different types and purposes of organisations in the food retail industry such as public (government-owned), private and voluntary sectors (charity) and legal structures (ownership).
A corporation that has publicly offered all or a portion of itself is referred to be an public company. The main benefit that open enterprises value is the ability to access the financial markets and sell value or obligation securities in exchange for money (i.e., money for extension and other activities). Tesco PLC can be example of public limited company.
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A privately held business is referred to as a private company. Private corporations may issue stock and have shareholders, but they do not exchange their shares on open markets and do not publicize their offerings through initial public offerings (IPOs). The high expenses of an IPO are one of the reasons companies decide to remain private. Publix Super Markets and Giant Eagle are currently private companies.
An organization that was founded without the intention of generating a profit and in which none of the profits are distributed to the board of directors, the official group, or the members of the organization is known as a non-profit company such as Feeding America.
A organisational legal structure, typically referred to as a business entity, may be a type of government that regulates particular facets of your business. Your company's legal organization at the federal level will determine how much load you have to shoulder. At the state level, it can risk having negative effects.
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