Report on Classification Of Business Essay -- Business and Management

Report on Classification Of BusinessClassification of Businesses harmonize to their types of activityPrimary Sector Businesses The gathering 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, calculatorcomponent manufacture, and car manufacture.Examples Schweppes (Food and Drink), Unilever (Food and Drink), Intel(Computer Component 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 (Telecommunications) 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), Post Office (Communications),and The National Grid (Electrical Distribution).Public Companies Companies whose divides may be purchased by thepublic and traded freely on the fan out 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 sight employed by a company.Currently the top company in the UK using this method isUnilever (Food Products) (261, 000 employees)Profit Total amount of capital left afterward deducting all costs.Currently the top company in the UK using this method i sRoyal Dutch/Shell Group (Oil and Gas) ($M12, 719)Market Capitalisation The value of 1 share times the amount ofshares. Currently the top company in the UK using this method isRoyal Dutch/Shell Group (Oil and Gas) ($M216, 361)Revenue The down-to-earth income a business enterprise, usually... ...5, 724, and so far this year, its revenues come to M6, 942.Although the company is turning over a very large revenue, their remunerations in recent historic period 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. There 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,compared to an operating loss of 222,000,000 in the first quarter).Marconi, like Marks and Spencer Plc have a strong brand name, but thisis notwithstanding as important in their industry as in that they have a longlist of clients, built up over the years, many of who testament do repeattransactions with the company.Web sites- http//www.ft.com- http//www.forbes.comNewspapers- The Financial TimesBooks- Collins Concise English Dictionary