Q 1.1- EXPLAIN BRIEFLY THE FOLLOWING TYPES OF ORGANISATIONS AND THEIR PURPOSES
a) Virgin group LTD
b) Tesco PLC
c) National health services (NHS) UK
d) A Conner shop near where you live
NEEDED TO ADD purposes and difference with other company for example
Virgin group LTD vs sky .....
Tesco PLC VS asda .....
National health services VS private health clinic
Corner shop vs big shop or company
1.2: considering Tescos PLC, describe the extent to which it meets the objectives of its different stakeholders.
1.3: considering Tescos PlC, explain its various responsibilities as an organisaiton and the strategies it employs to meet them.
LO 2: understand the nature of the national environment in which businesses operate.
2.1 Giving relevant example, briefly explain how different economic system such as:command, free enterprise,mixed and trasitional systems attempt to allocate resources effectively.