Classification of the business
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The document classifies businesses into three sectors - primary, secondary and tertiary - based on their activities. The primary sector involves extraction of raw materials from land through activities like agriculture, fishing and mining. UK Coal is the largest mining company in the UK, employing 2,900 people and supplying 5% of the country's energy needs. The secondary sector processes raw materials into finished goods through manufacturing and construction. Dawes Cycles produces various bicycles across the UK while Roger Lascelles is the largest clock manufacturer in Britain. The tertiary sector provides services to the public and businesses, such as retail, transportation, healthcare and entertainment. The Bank of England acts as the central bank and regulates the country's financial system, working nationally
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The slides comprehends a firm understanding of the formation and functioning of British Economy
Highlights:
Foundation of British Economy
Nature of The Economy
Britain’s Current Economic Scenario ¡ London Stock Exchange
London vs. Economy
Role of The Government
Involvement in International Trade
Forecast on British Economy
Top 10 oil & gas companies
The top 10 oil and gas companies are led by Saudi Aramco, the world's biggest energy company generating over $1 billion per day. Russia's Gazprom is the largest natural gas producer and exporter. National Iranian Oil Company is one of the world's largest, while ExxonMobil and PetroChina are also among the top state-controlled oil companies in China and worldwide. Royal Dutch Shell, Pemex, Chevron, Kuwait Petroleum Corporation, Sonatrach, and Indepth Exploration also make the top 10 list.
Emerging Market Opportunity
Eco Equity Limited is a UK-based medicinal cannabis license holding company that has partnered with the Zimbabwean Ministry of Health to develop, own, and operate a medicinal cannabis facility in Zimbabwe. The company aims to export cannabis products from this facility to markets in Europe and North America. Eco Equity sees an opportunity to capitalize on the major growth occurring in the global cannabis market. It intends to become the largest producer of CBD oil in Southern Africa through its first mover advantage in Zimbabwe, where it has acquired land and infrastructure to begin production.
History of the Cooperative Movement
The document summarizes the history and development of the cooperative movement. It discusses key theorists like Robert Owen and the Rochdale Pioneers who established the first consumer cooperative in 1844 and developed the Rochdale Principles. It also outlines the growth and types of cooperatives worldwide, including consumer cooperatives, agricultural cooperatives, banking/credit unions, and more. Major cooperative organizations are mentioned for countries like the UK, Netherlands, Germany, Denmark, and the US.
Uk Essay Writing
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Prisons and the UK Criminal Justice System
The British Constitution Essay example
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Eco League - Environmental Data Exchange Hack Weekend
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Find out more about the Environmental Data Exchange: http://bit.ly/19p2zUW
Retail Nation
The retail sector makes significant contributions to the UK economy. It employs over 3 million people across the country and provides flexible employment opportunities. Retail delivers great value for customers through low prices and innovative business models. It also supports the wider economy by spending £130 billion annually with other sectors and paying £30 billion in taxes. UK retailers have embraced e-commerce, leading the world in online retail spending and sales to international customers. Overall, retail is an important, innovative sector that benefits both consumers and the UK as a whole.
industry class7 (2).pptx
Industries convert raw materials into useful products and services. They perform activities like processing, producing, and selling. A nation's economic growth depends on its industries. There are three levels of industries - primary industries extract raw materials, secondary industries transform raw materials through manufacturing and processing, and tertiary industries provide essential services to support other industries. Industries can be classified by size, raw materials used, and ownership. The location of industries depends on several factors.
Press
The press industry in the UK includes over 300 businesses that employ over 50,000 people, with a total revenue of around £5 billion. It focuses on delivering news through print, broadcast, and online mediums. News UK is a subsidiary of News Corp that publishes major UK newspapers like The Times and The Sun. DMG Media is also a large UK publisher owned by Daily Mail and General Trust, which has revenue of £900 million and publishes newspapers such as the Daily Mail. Daily Mail and General Trust has revenue of £2 billion as one of the largest media companies in Europe.
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Classification of the business
- 1. All the business are classified into industrial sectors based on what they do The Primary sector obtains raw material. In Primary sector raw material is extracted from land. For example: Agriculture, fishing, mining, etc. UK COAL is biggest mining company in UK. It is private limited company and employs 2,900 people. Supplying around 5% of the country's energy needs for electricity generation. UK COAL's fuel is used in the manufacture of smokeless fuels such as Sunbrite. It is a large business and supply coal nationally.
- 2. It is a Co-operative business owned by over 20 farming families from across Wales. Their aim is to secure a long-term market for organic milk from Wales by supporting organic processing needs in Wales. They sell organic milk to different companies. Its medium business and provides milk locally..
- 3. In secondary sector the raw material is converted into finished goods. For example: Manufactures, constructers, etc. Dawes cycles produces all kinds of bikes and supplies across whole UK. It is large business and works nationally.
- 4. Roger Lascelles is privately owned business. It is UK‘s largest clock manufacturer. It is large business and supplies its clock to whole UK.
- 5. The tertiary sector of the economy is the service industry. This sector provides services to the general population and to businesses. Activities associated with this sector include retail, transportation and distribution, health entertainment, etc. The Bank of England is the central bank of the United Kingdom under the control of government. It is also the centre of the UK's financial system; the Bank is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy. It is large business trades nationally.
- 6. Ram News is privately owned business. Its sell grocery items and sells news papers. It is a micro business and works locally.