Btec 3 P, M - 1592 Words

Mission statement = A formal, short, written statement of the purpose of a company organization Stakeholder = a person with an interest or concern in something, especially a business Public sector = the part of an economy that is controlled by the government. Private sector = the part of the national economy that is not under direct government control. The two business I have chosen are NHS and Nike The NHS (National Health Service) is located in the public sector as it is financed and controlled by the government. The NHS is solely located in the United Kingdom, and provides free health care for the citizens of the United Kingdom. The NHS was found out of a long-held ideal good healthcare should be available to everyone no†¦show more content†¦The governments point of view is just to fund and make the NHS sucure for the people of the UK. Another way to communicate to the national health care is through the staff striking. This is a means of communication by showing there needs to be a change for the staff at the hospital. The NHS also has face to face talks with their patients during their vist or stay at the hospitals. This shows that the staff also want to be looked after by the government via payment. The main stakeholder for Nike is the general public as they purchase the goods Nike produce and the public is the main source of revenue for that organization, the genral public also somehow sponser Nike by wearing their clothing brand , which is a need to get product. Another stakeholder for the organization are companies such as sports direct, as they purchase Nikes goods as they’re competitors to other companies such as JD. Nike sells it’s good internationally which means different countries will purchase their goods. Sport teams are also influenced in Nike as they sponsors Nikes brand, as Nike pay them to advertise their logo in varies ways. The local community would also be seen as a stakeholder depending on the response to Nike, positive or negative. The government is also affected due to business tax. The more stores Nike open the more tax money the government get, which is 20%. 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