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Unit 1 Assignment 1
nternational Business Management (University of Greenwich]

Unit 1: Exploring Business- Assignment 1
Learning Aim:
A: Explore the features of different businesses and analyse what
makes them successful
B: Investigate how businesses are organised
Assionment title: Features contributin
to
the success of contracting
businesses
Introducfion
This assignment has been studied for a Public limited company and a non-profit organisation, which therefore is Tesco PLC
and Cancer research UK has been chosen
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Therefore, an introduction will be implemented which will be contrasted with the following ownership and liability, company
establishment, liabilities, purpose and industrial sector of the two companies
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P1 Explain the featuresof two contrastina businesses

Summarv

CANCER
RESEARCH UK
Cancer Research UK is a non-profit organisation a registered charity
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A non-profit organisation has much more to do than just make profit
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Although it
is certainly a significant consideration to make as much cash as possible (to have the greatest possible resources
to offer individuals in need too)
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A non-profit organisation is fun, not for private gain, for the advantage of the public
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The purpose of Cancer Research UK is to provide efficient cancer research and to attempt to increase awareness
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Cancer Research UK attempts to define causes and create prevention, diagnosis,
therapy, and cure strategies
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The organisation per annum reaches around £634
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Ownership and liability
Cancer research is clearly a non-profit organisation out of the three company sectors (public, private and non-profit)
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They are
getting funded, raising cash, and accepting donations
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The charity must be resident in the United Kingdom and cannot
use their revenue to help their trustees
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There are trustees in a registered charity, such as cancer research, considered as the equivalent in a public limited
company as a shareholder
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The trustees are the people who make the
large choices
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Trustees generally select a board of directors for chariGes, which is
headed by a chief execuGve, just like a PLC
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That's the
trustees ' job of making sure the money is given to a good cause, not for personal use or gain
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This is the
responsibility of the trustees, as they also regulate the company by the authority
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Purpose
The purpose of Cancer Research UK, as a non-profit organisation, is to provide a solution to the dilemma of life
loss through cancer form
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One goal that UK cancer research has is to provide the world with a secure,
cancer-free future
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By doing all this, they want to achieve innovative and
practical ways of learning from or working with other organisations on a much wider scale
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Less than a quarter of
people diagnosed survived in the 1970s, another last 40 years, survival has more than doubled, a half will know
how to survive
...
However,
within the 20 years, expectafions have it that at least three quarters of people will have to survive the disease
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Therefore, it helps the entire world and make a
good impact globally
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It has one of the most
advanced cancer research centres globally
...
Therefore, this
leads to local communities helping fighting cancer together in a large scale
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It is therefore secondary and tertiary as it demonstrates the service of health care and education,
as this shows it is tertiary due to providing a service for health care and education
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Scope of Business
Cancer Research UK, although its study and methodology is used on a worldwide scale in the fight against cancer, the
non-profit organisation itself works on a domestic scale, operating only in the UK
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Being honest and working to fight
cancer they sure to have many volunteers to help them along the way
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Om the other hand, only 4,000 of these are getting paid which leads to
40,000 people being volunteers
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Employees like chief executive officers
and lead scientists for cancer researchers are the ones getting paid
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Tesco PLC(Public Limited Company)

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Summary

Tesco's boasts over 6,300 stores globally as a major UK retailer
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Owning an equity or a stake in the company are called Shareholders as they have an interest in the business
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Purpose of being PLC
The public limited company's (Tesco) intention is to provide the peak possible service to its customers while ensuring
they have the necessary products
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The motto of Tesco's is "Every little help
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Ownership and Liability
Tesco is an organisation of the private sector
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Tesco plc has a private sector organisation that means the company has multiple
shareholders and has no government involvement or ownership
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Tesco's
plc's largest shareholders are BlackRock Inc
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13 billion stake in
Tesco PLC
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Tesco's liability is financial debt and obligations that arise
during their operations
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This means shareholders are safe, if corporate debts are not a personal issue for
them, this leads to only losing their investment of the share
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The 4 Business sector

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There are 4 sectors which are held in the industry, which therefore includes primary, secondary, tertiary and
quaternary
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For instance, mining of metals and coal, drilling oil
from the ground, tapping rubber from trees, framing foods, and trawling of fish
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Secondary Sector- This is the method of production and assembly
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g
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Tertiary Sector- This relates to business services like commercial supporting the process of manufacturing and
distribution, such as insurance, transportation, advertising, warehousing, and other services such as learning and
health care
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Mostly in the field of science
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In fact, the tertiary and quaternary industries make up
the majority of the UK economy, employing 74% of the workforces
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Marks and Spenser supply banking, energy, wine and technology as
well
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Local business- Local businesses sell their products and services to customers in their own town, city or
geographical region
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Usually the term local scope is used
when referring to companies owned locally
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Many local businesses, primarily for this reason, tend to concentrate on
offering outstanding customer service to build a durable relationship and loyalty, almost in exchange for the greater
cost, to provide a reason for the return of the client
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A domestic
enterprise, like a local business, recognizes the country's culture and develops products and services to fulfil its
market
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National companies, like local companies, have many more locations
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This is because its raw materials are purchased
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Like a
local business, a domestic company recognizes its consumers' desires and needs and offers products and services
that meet client requirement
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International scope business- An international business operates worldwide and has access to a market
that is much bigger than that of a local or domesfic company
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It is an international business because it has more than 6,500 stores throughout Europe, Asia and the Middle East
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They want to hold the quality of clothing and household collections
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Because an international business has access to larger markets, it doesn't have to worry about a competitor
entertaining and selling a market
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International companies also
provide customers with more product options and consumers which cannot be obtained nationally or locally
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They have majority of their shops
in Europe, with more than 5,000 in Europe alone and the remaining few hundred shops in Asia, India and the
Middle East in particular
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Micro businesses are businesses that contain less than 10 employees and per annum turns over less than
£2,000,000
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Therefore, a small business are companies with
around 10 to 49 employees and a turnover of less than £ 24,000,000 per year is regarded a small business
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However, a large business is a business with more
than 250 employees and is considered a medium-sized business with a turnover of more than 1,500,000,000
annually
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Including their subsidiaries, the company turns over £55,920,000,000 last year
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P2 — Explain How two contrasting businesses are influenced bv its
stakeholders
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I
should attempt to explain precisely how the two distinct kinds of organisations
influence these impacts
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In-house stakeholders or perpetual stakeholders may exist
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Stakeholders may come in the form of
individual individuals
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These stakeholders may be in frequent
company contact or may have only occasional company contact
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Examples of different
internal stakeholders include organisation employees, managers, administration staff and the owners of the
business
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The role of the employees of a business, as internal stakeholders, is to reports to the owners as they have the
ultimate power over the business activities that take place and to decide what important business decision must be
made, all internal stakeholders have an effect on the business and their decisions can have a positive negative
outcome towards the business
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Examples of various inner stakeholders include
employees of the organisation, executives, management and company owners
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The function of a company's staff as
inner stakeholders is to report to the owners as they have the ultimate power over the company operations taking
place and to decide what significant company choices are to be taken, all inner stakeholders have an impact on the
company and their choices have a favourable adverse impact on the company
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External stakeholders can be described as a party, influencing an organisation
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Examples of external stakeholders include suppliers, debtors, creditors, competitors and a few others
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The stakeholders who are externally connected to the company are known as external stakeholders
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It's not part of that organisation
straight, though
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External
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stakeholders can differentiate from the business
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Customers= Your company potential for clients is almost exclusively reliable
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Customers are the stakeholders that end up buying the item or serving an
offer
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A great example of this is a builder or bricklayer requiring the supplier to supply cement
and bricks
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Something like a start-up business loan may include this type of thing
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However, other types of loans that a lender may require may include a
property mortgage or a vehicle financing deal
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A debtor is an organisation and/or individual that owes
the business money
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Creditors= Almost all businesses also have creditors as well as debtors
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We could potentially be a supplier to a business until they are
paid for anything they have supplied to the business
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To fulfil a business ' successful operations, it is necessary that they identify their
competitors and find out exactly what they are offering
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Government department and government agencies: the government and their select agencies and department
are known to businesses as external stakeholders
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”
Communities= Communities which effect the businesses can be local, international or even national
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Interest groups= The interest groups normally include members which clearly have an interest in the
business or the whole industry itself, they want to influence the business therefore, striving for common causes to
influence the policy or the regulations of the business
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M1 Assess the relationship and communication with
stakeholders of two contrasting business using independent
research

Cancer Research UK
Cancer Research UK has a significant influence on both its internal stakeholders and its external stakeholders
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With such impact on the organisation, it should be remembered that some impede the organisafion's
progress, and some improve the organisation's progress
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The non-For-Profit organisation release
annual reports stating yearly revenue, through their various sources of income including fundraising events and
donations from the public, as well as where Cancer Research UK's Board of Directors have decided to spend this
money
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The trustees of Cancer Research have a right to such information as they the people who
ultimately, as well as legally responsible for the company and its finances
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The non-profit organisation releases annual reports outlining annual
revenue, as well as where the board of directors of Cancer Research UK has decided to spend this money, through
its various sources of income including fundraising events and public donations
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The Cancer
Research Trustees UK also appoint a Chief Executive Officer, chairman of the board of Kumar, as well as board
members
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Employees (internal stakeholders)
As a non-organisation, Cancer Research UK ensures that most of its staff are volunteers
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Such forms of workers work for free as volunteers, which
means as much money as possible is going to fight cancer
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Such volunteers are the face of Cancer
Research UK and have a great influence on the organisation as a whole as the face of Cancer Research UK
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The suppliers of Cancer
Research UK, however, as a non-profit organisation, have a huge influence on the business
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Cancer Research is either trying to persuade
businesses to donate blankets, clothing and products that can be sold in their high street shops or to provide
cancer equipment, such as: Rife Machines and High Energy Proton Beam Therapy Systems, at cost
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Government Agencies (External Stakeholder)
Government agencies have a surprisingly significant impact on the non-profit organisation for Cancer Research
UK
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Government
agencies are showing incredible high impact through this alone
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Customers (External Stakeholders)
Cancer Research UK depends on their clients tremendously
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The bulk of revenue generators for the company are these clients
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The first way that consumers support the organisation is to make donations to the
charity via their website or their mobile
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They can buy the products and therefore, all the profits are gone to
Cancer Research UK
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The activities of Tesco are all affected
by the external stakeholders
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This leads to Tesco saving money and supplying less stock
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Which leads to lower revenue for
the suppliers
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This includes customer competitors, interest groups,
pressure groups and different communities
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Mainly, the decisions Tesco will take will affect the competitors either putting them in a
disadvantage or a benefit stage
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The internal stakeholders
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This allows Tesco to achieve their goals
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The shareholders of Tesco often once or twice a year attend an annual meeting
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This leads to a stronger relationship between the individual stakeholders
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On the other hand, stakeholders do also get a chance to vote and ask questions with the chief directors
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Directors/ managers (internal stakeholders)
Tesco PLC contains Board of Directors and Non- Executive committee
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They are the reason of the
management of the business running
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The person in charge of the Board of Director is the Executive Officer for Tesco
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It is the workers who are a crucial factor in whether Tesco's
Is a good company
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Is the duty of the employee to make the customer believe that the employee can provide catering in
the moist beneficial way
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This is incredibly influential to
Tesco's as a company and its profits, as well as a great example of just how much impact workers have on Tesco
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Furthermore, on the other hand, if Tesco's workers were to enforce the right standards of behaviour and provide
the best service to the customers, this could help the companies strive to be even more effective than they
already are
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Suppliers
Tesco's communicate with their supplier regularly through email, phone and online connections
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Some of Tesco's suppliers are even sub diaries of the organisation
to help keep as strong of connection as possible
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Tesco's tend to
keep their suppliers updated to ensure they receive the latest and greatest products; however, this also keeps a
talking relationship with the supplier, making sure it is as strong as possible
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All thus thoroughly demonstrates
how influential the suppliers are to Tesco
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It's the largest of these clients
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It is through these sales that Tesco makes up most of their sources
of revenue
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They often
communicate regularly with them
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We also do email marketing, where the email customer gets some of Tesco's latest
product offers
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We provide special services online, such as home delivery
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Lenders (External Stakeholders)
The lenders for a company are the existing investors who provide a business wither cash or services
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These loans are available via selected banks and
government agencies
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The lenders of Tesco have a huge influence on the organisation, because if it were not for these
lenders, Tesco PLC as an organisation would not operate as efficiently as it does at the moment
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Government Agencies (External Stakeholders)
Tesco, as the United Kingdom's biggest supermarket chain, works frequently with various government agencies
when they make decisions that could have a significant impact on business
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It is these new requirements that can theoretically impede Tesco's competitiveness as a company that are
applied to the legislation
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Moreover, the present situation of the United Kingdom and the rest of Europe as the United Kingdom
leaves the European Union and the imminent exit from the European Economic Area
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Communication with the
government takes different places
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This may be by government funding assistance
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B
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In order to enable the company to operate effectively, most companies need an organisational structure
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An organisational structure is extremely important because it shows the following within the company:
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All Jobs & Roles are defined and assigned accordingly
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In addition, responsibility scales are properly defined and distributed
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Various organisations require different types of organisational structures, depending on the type of entity they are,
overall business development, and the organisation's scope and volume
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Larger companies that continue to use this form, but
additional managers would be available
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Nevertheless, the number of subordinates often increases as the Company expands, making it
difficult to use this type of structure
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Matrix Structure
A Matrix Structure is a complex structure because it brings together all the individuals that are part of the team and
it is focused on their skill, experience and ability
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The layout has multiple lines indicating which people are
working with which group
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As each circle manages itself and self-organizes itself, this arrangement does not require any
management role
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Instead of using pyramids and a
hierarchy to disperse staff, they use circles to illustrate that company authority is equal
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A hierarchical structure is very simple to use
and understand (Marks and Spenser & Oxfam GB's Hierarchical Structure of their Executive Committee and Board of
Directors, researched and created by me, are shown below under the heading in question)
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Typically, this is a chief executive (CEO), chief executive or managing director
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A Hierarchical Organisational
Structure provides consistent authority for Tesco's Business divisions (e
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Local Store Manager and Tesco Bank
CEO)
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Therefore, an organisation that adopts a Hierarchical Organisational Structure has very little ambiguity
about the boundaries between different business divisions and employees, resulting in an overall understanding of
the Chain of Command for all within the company of Tesco PLC
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Such lines help to
establish strong relationships between managers and staff from different business divisions, providing them with the
ability to share their vision of where the company should be going, improving the overall efficiency of Tesco PLC's
operations
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g
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Subordinates know from whom to report and from where to receive orders, information and
instructions
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Results
By organizing employees to a Hierarchical Organisational Structure in abundance, it makes perfect sense to
arrange the companies by class of workers and leaders based on the position they are responsible for performing
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The team idea sets the stage for a company to operate efficiently
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As a result, divisions are oblivious to the needs of other business areas and therefore insensitive to the creation
of an Organisations Tunnel Vision
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Bureaucracy
As an organisation evolves and expands, it tends to grow with its Hierarchical Organisational Structure
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Bureaucracies, however,
slow things down (e
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decision-making, interaction, and overall action), allowing a company to begin lumbering —
in terms of its operation, which can impact its revenue—rather than being spry
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In the case of Tesco PLC there is a chief executive (CEO) and chairman at the top of the hierarchical structure and
there is a chief executive and chair trustee in the case of Cancer Research UK
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Through rising their revenue at better rates compared to their competitors, most companies tend
to gain large market shares
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A large private sector companies ' objectives are to be
an organisation that provides efficient service and quality services to its customers
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We need to concentrate on survival for a start-up
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Targets and milestones are two different ways an organisation can keep track of the organisation's success
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Company can also have some
smaller targets, such as a 25 percent increase in revenue by 2020 or a 10 percent reduction in net spending by
2018
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This helps
the business to succeed as it tries to set short-term goals to achieve its long-term vision
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These firms aim to help and assist their customers or
an audience
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" These corporations have in mind
the best interest of their customers
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Cancer Research, on the other hand, seeks to raise maximum contributions
to support cancer research as the company is a charitable non- profit
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Mission and Vision
A company's mission and vision outline their business goals
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Such statements address many of the concern's stakeholder groups may
have, such as the company's goals and what the company's main objective is
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A
company's mission or vision statements may later become a way of creating a company slogan
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Tesco PLC
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Tesco Mission Statement - “Our business was built with a simple mission — to be
the champion/or customers, helping them to enjoy a better quality o/li/e and an easier
way of living
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Customers want great products at great value
which they can buy easily and it's our job to deliver this in the right way for them
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Valued not only by our customers, but also by the
communiifies we serve, our loyal and committed staff and our shareholders
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We will be a modern and innovative company and we will win
locally by applying our skills globally
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We want to be: The Customer Heroes in their Mission Statement, a bike that Tesco uses
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" They
want customers to have incredibly great products at just while high prices as they do
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Offering performance product prices for their clients
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Cancer Research UK
Cancer Research UK's Mission Statement - “Our ambition is to accelerate
progress and see three-quarters of people surviving the disease by 2034
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With the help of our
supporters, we will accelerate our work in these areas and save more lives
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Over the last 40 years, cancer survival rates in the UK have
doubled
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Our Research Strategy, launched in 2014, outlines how we will achieve
our ambitions through a substanfial increase in research in priority areas
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Cancer Research UK has clear goals of seeing three-quarters of people surviving the disease by 2034
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It helps the charity to achieve something and to share
what they are doing to accomplish it with their audience
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"It makes their audience
understand the charity's main goal
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Using Smart Targets helps companies to
achieve the overall business plan by setting different goals and objectives
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Specific- Clearly defining what precisely a company wants to achieve, for instance
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Measurable- Try and find the desired result and provide it with a numerical value that allows you the ability to
measure it, e
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50/oMarket Share Increase, 200,000 New Consumers and 12
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Agreed- Make sure all Internal Stakeholders and Staff Members agreed in the discussion of and are clear on
everything involving the aims and objectives that you are attempting to meet
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Timing- The target will have to be achieved within the time given for such a goal
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Tesco PLC
Tesco PLC strives to become somehow the most admired business in the world
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An example of a SMART target that Tesco
could set could be to raise its international market share by 8%
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"— This is a very clear concept, telling us one of Tesco's
targets
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"Tesco uses zero target number to measure the reduction they are
trying to achieve, so they can calculate how close they are to achieving
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"It
tells us how Tesco plans to achieve the target
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This is highly realistic and reasonable as it is such a
long time for 10 years
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"This goal clearly shows that Tesco is
committed to meeting the target by 2020
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We want to speed up the progress of cancer treatment
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To do that, new ways of combating the infection
need to be developed
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Measurable: Three-quarters of people surviving the disease
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Achievable: To this end, we are exploring new ways of preventing, diagnosing and treating cancer and discovering
ways to opfimize prevention and treatment
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"Cancer Research UK has provided methods for implementing and achieving this
aim
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We gave themselves up
until 2034 as well
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Timing: For this reason, Cancer Research UK has committed itself up to 2034 to drive progress and see threequarters of people surviving the disease by 2034
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M2 Analyse how the structures of two contrasting businesses allow each to
achieve its aims and obiectives

Tesco PLC
Tesco PLC's corporate structure is led by its chief executive
...
g
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The benefit of this form of Organisational Structure of Hierarchy is that seeing the different lines of authority is
extremely easy and transparent
...

The advantage of this type of structure is that having such a large team of staff reduces the burden on the people
in his team from one of the managers
...
Getting a relafively broad structure implies a roughly
equal distribution of the job
...
Using a relatively broad system means a job distribution that is approximately equal
...
Most Tesco
stores, however, use the same system to sustain and ensure success for companies
...
That's how it helps the success of
the business
...
However, as with close supervision, the autonomy of workers will be limited
...

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Tesco's decided to increase their employees by allowing them to make large, lengthy and important decisions
...
This is
an advantage for the company as most of the day-to-day decisions are made much quicker
...
Though drawbacks such as
the workers who are under the supervisors are not so closely supervised as it is difficult to look over a group of
30 employees
...
The image below shows the current organisational structure
of Cancer Research UK
...
This
is because even with the Board of Trustees having the majority of the Authority in decision-making, the actual
mission delegations and the actual day-to-day operation of the Non-Profit Organisation are handled by the board
of directors of Cancer Research UK
...
The arrangement shows that all the Executive Directors
headed by the Chief Executive Officer and subdivided into the appropriate and unique parts of his Board of
Directors group under the Board of Directors are present
...


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The benefits of this organisation system are that they consider the talents of all and have the opportunity to prove their
performance
...
Sadly, however,
this Organisational Structure often has drawbacks, such as the making of important decisions that would take longer
with this Organisational Structure, as it has to go through the different lines and must be accepted by the Board of
Directors or if it is a major decision that has to be referred to the Board of Trustees
...
This impact guarantees that
Cancer Research UK can provide equal authority for everyone and can be accountable for their decisions in equal
measure
...
As Chair of the Board of Trustees, Professor Borusoewicz is responsible for monitoring the organisation
and seeing if it is managed according to the rules
...
The remaining members of the Council of Trustees are below Wendy Becker
...

The Deputy Chief Executive, Mark Allen, is under the Chief Executive Officer of Cancer Research
...
Only the chief executive and his deputy
chief executive have the power to handle major financial or management decisions
...
Kumar Sir Harpal S
...


Functional Areas
The main purpose of Functional Areas is to ensure optimal execution of all-important business activities
...
Organisations need to have multiple functions to run both efficiently and effectively
...

Human Resources, this department is responsible for managing the organisation's employees
...
Marketing and they are thus responsible for meeting goals linked to the development of new
markets and increasing sales as well as the organisation's overall promotion
...
Sales are responsible for the products and Services sales
...
Therefore, Production
and Quality is all about Development, Business Tests Goods Meet Requirements
...
Furthermore, distribution, ensuring that all products are safely
stored and delivered
...
On the other hand, Customer
Services: Resolving Consumer Issues and Complaints, Gathering Input to Enhance Products or Services and
Developing Ideas
...
Eventually, Administrafion: ongoing business aid for tasks, such as implementing procedures,
correspondence handling, scheduling conferences, and any travel
...
We also partner with property
managers to ensure that money is spent wisely, according to their websites
...
They keep a track and record their finances
in order to know whether they make profits or are in a financial mess
...

Tesco's also has a human resources department as well as the Department of Finance, which oversees and ensures
that its staff are happy and treated correctly
...
Pension schemes are representations of these schemes
...
The division is also responsible for hiring talented staff and introducing new
strategies to improve Tesco operations and employee satisfaction within the company
...
It, in effect,
would help Tesco improve the role of workers because they think they are a valued staff member
...
The marketing department creates commercials, promotions and product
deals according to their website
...
It
indicates that the department uses research to develop new products and services by feedback surveys, etc
...


Cancer Research UK
For Cancer Research, the non-profit agency, they manage money in their department of finance
...
Cancer
Research tries to ensure that the business makes the most resourceful use of its available resources
...
We also sponsored £ 1
...
It illustrates how the company handles funds for the
organisation's success as a charity
...
Throughout Cancer
Research, the human resource team is responsible for recruiting and selecting qualified people to help accomplish
their main goal and target
...
The human resources department is essential to Cancer Research because it enables
the ability to fulfil its mission
Cancer Research also has a sales department, but this works differently from the sales department at Tesco
...
Within the trust, the sales
department has the duty for working to maximize donations and sales with the advertising and promotional
department
...
The leaders in the sales department should also control fundraisers like the Race to Life
and encourage them
...
The leaders in the sales department should also control fundraisers like the Race to Life and
encourage them
...
The agency also oversees the public's online sales and donations
...


23

AB
...

Evaluation on the reasons for the success of an organisation
In this assignment, I will discuss on the research and informafion gathered
during Assignment 1 and using this knowledge to interpret it and determine the
reasons for the performance of two opposing organisafions: A Public Limited
Company (PLCJ and a Non- Profit Organisafion
...

Tesco PLC and Cancer Research are two extremely successful corporations as organisations in their specific
industries
...
Cancer Research UK is one of the United Kingdom's
largest Charites and has also been reported to be the world's largest non-profit Cancer-Fighting organisation
...
As an organisation, Tesco
PLC is a public limited company, often seen in the United States as the equivalent of a limited liability company
(LLC)
...
This performance also comes from Tesco PLC's ownership,
which from the investors have made substantial investments in the business
...

Tesco's was also able to maintain a good relationship with all its shareholders, and more importantly
...
They know this, so they maintain positive relationships with their stakeholders, always communicating
with Tesco's multiple stakeholders and trying to maintain a sustainable relationship
...
Examples of this are: Use of social media with clients, use of online communities with
staff and use of structured meetings and annual reports and records with investors and senior officials
...
It also provides an opportunity for the most relevant investors to ask questions and
provide input on their view of the performance of the company
...
This therefore strengthens
Tesco's relationship with its main investors
...
As an organisation, Tesco PLC has made its
mission and vision very clear
...
Tesco's are always moving forward, always trying to be
better than their competitors
...
As they provide their customers with
what they want, Tesco's has been able to follow their Mission Statement at better value for money prices, while
retaining their good quality both in the goods and in the experience of the consumer with the shop and customer
services
...

Tesco's features as an organisation as well as the company's stakeholders have a tremendous impact on the
company's success
...
The structure of Tesco's has helped the business to obtain the
necessary amount of enough funding for its management and the company's strong positive vision has allowed it
to exceed expectations to become the largest retailer in the United Kingdom
...
Tesco PLC offers the bulk of its sales to consumers through their stores
and online webstore
...
Employees are the people who fulhl the mission
statement of Tesco to provide the consumers with exceptional customer service
...
Cancer Research UK is a very large charitable organisation that works in the
tertiary sector
...
The company's liability is limited by Guarantee, which does not
mean that people own the organisation, but the Non-Profit Organisation's creditors are liable and expected to pay
out any liabilities that the organisation is unable to pay for any cause
...
Such sources of charity funding help it work
...
Such sources of charity funding help it work
...
There are thousands of volunteers working up and down the country, one of the most prominent
investors in Cancer Research UK, providing aid to the organisation, without having to dish out money, raising more
money to help fight cancer
...
The
25

reduction in volunteer spending and the rise in donor income contribute to the overall boost in revenue and access
to Cancer Research UK funds
...
By using communication lines such as social media for their customers and donors,
online forums for their employees and presentations, and formal reports for their trustees and board of directors,
they have accomplished this
...

The charity's Clear Vision and Mission encourages people to believe in the company, increasing the chances that
people donate to the charity will help support clinical cancer research
...
The charity often fulfils these goals and objectives and is then reevaluated and re- established and strengthened to allow the charity to further succeed in the fight against cancer
...
Cancer
Research UK, through promotions and fundraisers, has provided the world with a public service
...
The charity must advertise the service across the UK and collect donations
...
The investors have made
the charity as large and as effective as it is today
...


Conclusion
Both organisations have succeeded in their own right for their own specific purposes: one a PLC, a For-Profit
OrganisaGon and the other a Registered Charity, a Non-Profit Organisation
...
It helps the two competing entities to achieve long-term,
realistic and achievable goals and offers the necessary guidance and data to the workers to achieve these goals
and goals
...
Through
a variety of different approaches, they are able to communicate with their stakeholders, helping to create
meaningful relations to their stakeholders
...
Because of
the existence and purposes of the organisations, each organisation had specific goals and objectives
...
All businesses use
the same strategies to expand and prosper
...
However, both contrasted are two very well
successful businesses
...
htp://www
...
org/sites/default/fles/ cruk annual
report and accounts 20151 6
...
htps://www
...
com/
3
...
wikipedia
...
htps://www
...
com/investors/major-shareholders/
5
...
wikipedia
...
htps://en
...
org/wiki/Imperial Cancer Research Fund
7
...
bbc
...
uk/schools/gcsebitesize/business/environment/
stakeholders2
...
htps://yourbusiness
...
com/stakeholders-infuence-business-actvites16433
...
htps://prezi
...
htps://www
...
com/essays/business/defning-stakeholders-andtheirresponsibiIites-and-infuence-on-organisatons-business-essay
...
htp://www
...
com/tesco-company-organisatonal-structure-chartexample/
12
...
cruk
...
ac
...
htps://www
...
com/investors/shareholder-centre/
14
...
tescopIc
...
htp://www
...
org/about-us/how-we-are-run/chief-executve- andexecutveboard

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