Unit 1

In: Business and Management

Submitted By carinoshawn
Words 1277
Pages 6
Introduction
This is a report that compares and contrasts two well-known organisations that helps people in their daily livelihood. Here we discuss one of the biggest supermarket chains; Tesco and the calmer organisation known for helping people with heart disease; British Heart Foundation. It is clear that these two are different from each other because Tesco is for profit and British Heart Foundation is simply voluntary. One of the main points for Tesco is that it is a PLC (Public Limited Company) which means that the company’s shares can be freely sold and traded to the public. Tesco which share price start at an estimation of £1.67, is a listed company under the stock exchanges, with highs at £1.69 and lows at £1.66. Tesco has been a good and reputable choice for the locals since they basically have everything for daily use; from food to furniture. Tesco has expanded over the years, with a whopping 6,784 stores worldwide (Ireland, Poland Czech Republic, Hungary, China and many more) and has employed over 500,000 people. As for the British Heart Foundation, it is more of a sponsored organisation and is mainly funded by legacies and wills, accounting 40% of their income, the rest is made up of other voluntary income coming in at 31%, profits from the retail division at 23% and investment income at a low 5%. But then again, it is a not profit but for research in order to pioneer research into the causes of heart disease and methods of prevention and treatment. And yes, they have shops too. The British Heart Foundation runs a large chain of charity shops throughout England, Wales and Scotland. As of 2013, they run over 700 shops and around 20,000 staffed volunteers. Nowhere close to Tesco, but it has become one of the biggest charity organisations in Europe considering it’s voluntary.
Of course none of these would be possible without the stakeholders of the…...

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