Report on Classification Of Business Essay -- Business and Management

Report on Classification Of BusinessClassification of Businesses according to their types of activityPrimary Sector Businesses The hookup of raw materials, such asfish, oil, or coal from the land or sea or growing using the earth togrow things such as crops or treesExamples Rio Tinto (Mining), JCI Gold (Mining), Anglo Amer (Mining),BP (Oil and Gas), and Soco International (Oil and Gas).Secondary Sector Businesses The processing of raw materials intofinished goods. Examples of this are food production, computercomponent manufacture, and car manufacture.Examples Schweppes (Food and Drink), Unilever (Food and Drink), Intel(Computer helping Production) and Ati (Computer ComponentProduction).Tertiary Sector Businesses This sector contains organisationssupplying services, and includes both commercial services providers(banking, finance and retail), as well as direct service providers(Health and education).Examples Stagecoach (Transport), British Airways (Transport), CGNU(Insurance), BT (T elecommunications) and Natwest (Banking).Classification of Business According to their Broad OwnershipPublic Sector The part of an economy that consists of state ownedinstitutions, including nationalised industries and services providedby local authorities.Examples BBC (Television Broadcast), chain armour Office (Communications),and The National Grid (Electrical Distribution).Public Companies Companies whose shares may be purchased by thepublic and traded freely on the open market and whose share capital isnot less than a statutory minimum.Examples Marconi (Communications and Defence), Sony (ElectricalEquipment), Hitachi (Electrical Equipment).Classification of Business according to their SizeNumber of Employees Total Number of people employed by a caller.shortly the top company in the UK using this method isUnilever (Food Products) (261, 000 employees)Profit Total amount of capital left after deducting all costs. soon the top company in the UK using this method isRoyal Dutch/Shel l Group (Oil and Gas) ($M12, 719)Market Capitalisation The value of 1 share ms the amount ofshares. Currently the top company in the UK using this method isRoyal Dutch/Shell Group (Oil and Gas) ($M216, 361)Revenue The gross income a business enterprise, usually... ...5, 724, and so faraway this year, its revenues come to M6, 942.Although the company is turning over a very large revenue, theirprofits in recent long time have been in decline.Last years earnings per share were 18pence, and so far this year, theearnings per share are a loss of 10pence. Share Prices droppeddramatically over the summer of 2001, to an all time low of 52.9pence.Some investors thought that the shares could not possibly drop anyfurther, and so invested in some shares. Unfortunately, share pricesdid drop even further to 28.4pence. in that respect is currently a slow trickleof increase in profit, to their current price of 32.5pence, due toMarconi coming into profit again (5,000,000 in the second quarter,com pared to an operational loss of 222,000,000 in the first quarter).Marconi, like Marks and Spencer Plc have a strong brand name, but thisis only as important in their manufacturing as in that they have a longlist of clients, built up over the years, many of who will do repeattransactions with the company. nett sites- http//www.ft.com- http//www.forbes.comNewspapers- The Financial TimesBooks- Collins Concise English Dictionary