This website uses cookies to ensure you have the best experience. Learn more

Describe P1 Essay

1732 words - 7 pages

In this assignment I will be comparing and contrasting the differences between BP and the North London Hospice. These are two extremely different businesses that have completely different aims and ambitions. The first major and obvious contrasts between these two companies are that BP is a limited company whereas the North London Hospice is a charity.
The brief history of BP
BP's businesses are organized to deliver the energy products and services people around the world need right now. BP’s history is full of discoveries, starting in 1908 with oil found in a rugged part of Persia after a long and difficult search. Since then, discoveries large and small have fuelled their progress. ...view middle of the document...

They also come under the tertiary sector as they have branches that provide services, such as retail sales with the likes of Wild Bean Café, Castrol, Aral, ampm and also provide financial services. In fact the only business sector BP do not associate themselves with is the quaternary sector which is related to education.
Type of ownership
BP are a PLC meaning they are a company that can be sold in the stock exchange at any time, this also means they are strictly regulated and are must publish their true financial status in the economy which is understandable with the impact a company like BP has worldwide. Since BP is publicly listed this can also be an advantage for shareholders that have invested into the company as they will not lose any more money than they have invested which is highly unlikely as BP are a company that continue to grow even though they are nearly at the limit it being near on impossible to become any better!

Aim and purpose
BP’s objective is to create value for shareholders and supplies of energy for the world in a safe and responsible way. They strive to be a world-class operator, a responsible corporate citizen and a good employer.
Key stakeholders
Customers are a key stakeholder to ANY business as with no customers, there’s no business really. So BP know their customers are obviously key to their success meaning they must always be efficient in what they do to satisfy the customers at a bare minimum and considering BP have millions of customers to please they know the pressure they are working under to provide world class service to every single one of them. Employees are another key factor that play a part in the huge success story of BP, the majority of the nearly 85,000 employees currently employed at BP rarely let the company down which deserves big praise as a lot is demanded of them as they are the people helping the company satisfy the millions of customers that BP have. Finally another very important stakeholder that may be seen as important on the outside is the contractors and partners BP are in business with. They are the companies that provide stability so that BP know they can rely on these partners to be efficient and trustworthy without even the thought of doubt that they could potentially fail them, with stability will come longevity also which is a massive bonus to BP knowing they have partners that are in the complete same page as them meaning they can progress together for many years to come.
North London Hospice
The brief history of the North London Hospice
North London Hospice is a registered charity that has been caring for local people since 1984. They help those with a potentially life-limiting illness who have specialist needs. North London Hospice welcomes people from all faiths and communities within the boroughs of Barnet, Enfield and Haringey. They provide physical, emotional and spiritual care to patients and families, friends and carers.
The scale North London Hospice...

Other Essays Like Describe P1

Quantitative Reasoning for Business Week 6 Final

1488 words - 6 pages of the sample mean? standard error=(standard deviation)/√(number of observations) 5.5/5=1.1 1.1 is the standard error of distribution of the sample mean. c. What proportion of the samples will have a mean useful life of more than 36 hours? z=((36-35))/1.1=0.909 P1 = 0.3186 (up to 36 hours) P2 = 0.50 P= P2-P1 P=0.50-0.3186=0.1814 d. What proportion of the sample will have a mean useful life greater than 34.5 hours? z=((34.5-35))/1.1

Letter to a Cat Essay

770 words - 4 pages the food is when she goes for a walk (P1. L 20). And in the ending when she leaves the family a note, including one phrase. “ You may miss me a little, especially at meal-times but you’ll survive very well without me.” They do not treat her like equal, but more like a maid. Another example of her family being mean to her is seen on (P1. L6-8) “Over the past few years, and more so since January when June joined the family firm of accountants, father

Hardware Chap 2 Reviewing the Basics

844 words - 4 pages REVIEWING THE BASICS – CHAPTER 2 HARDWARE 1. How many pins does the P1 connector have that uses the ATX Version 2.2 standard? 24 and is backward compatible with a 20 pin p1 connector 2. What are the maximum dimensions for a motherboard that uses the MicroATX form factor? 9.6” x 9.6” 3. Which form factor is a smaller version of the MicroATX form factor? FlexATX 4. Which form factor uses a riser card on the edge of the motherboard? NLX 5

Business Unit 4

1012 words - 5 pages demonstrate that they can meet all the learning outcomes for the unit. The assessment criteria for a pass grade describe the level of achievement required to pass this unit. To achieve a pass grade the evidence must show that the learner is able to: • P1 explain different types of business information, their sources and purposes [IE, CT] • P2 present complex internal business information using three different methods appropriate to the

Math133 Unit 5

619 words - 3 pages MATH133 Unit 5 Individual Project – A 1) Describe the transformations on the following graph of f x= log( x) . State the placement of the vertical asymptote and x-intercept after the transformation. For example, vertical shift up 2 or reflected about the x-axis are descriptions. 10 9 8 7 6 5 4 3 2 1 -1 -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 0 -2 -3 -4 -5 -6 -7 -8 -9 -10 Y X 1 2 3 4 5 6 7 8 9 10 a) g(x

Lecture of Manufacturing

1807 words - 8 pages . If the diameter of the formed vena contracta is 39.5 mm, determine: (i) (ii) (iii) The discharge coefficient of the orifice. The contraction coefficient of the orifice. The velocity coefficient of the orifice. [10%] [10%] [10%] (b) (c) (d) DATA Gravitational acceleration g = 9.81 m/s2 Density of water = 1,000 kg/m3 - 3 ___________________________________________________________________________ A3. (a) Describe briefly the main

Unit 14 Brief

3868 words - 16 pages describe the level of achievement required to pass this unit. Assessment and grading criteria To achieve a pass grade the evidence must show that the learner is able to: To achieve a merit grade the evidence must show that, in addition to the pass criteria, the learner is able to: P1 explain the nature of two named physiological disorders [IE1; IE2; CT2] M1 assess possible difficulties involved in the diagnosis of the disorders from their signs

Public Services

3521 words - 15 pages : | P1 describe a fitness assessment for each of the major components of fitness | M1 explain the results of the fitness assessment and measure against relevant public service entrance test | D1 evaluate results of the fitness assessment, analyse strengths and recommend improvements | P2 describe the structure and function of the muscular-skeletal,cardiovascular and respiratory systems | | | P3 undertake a fitness activity,record and

The Social Child

4720 words - 19 pages “Human beings are inherently social.” (Huitt & Dawson, 2011, p1) This statement exemplifies the reasoning behind much of the recent debate over the inclusion of social and emotional learning (SEL) in the standard school curriculum. Argument has predominantly centred on the understanding that the explicit teaching of SEL skills throughout a child’s school years will enhance their ability to “…cope with difficulties and help to prevent

Functions of Magement

984 words - 4 pages will describe the how the job is done and the time the job should be done in. For example, in the medical field there is a planning meeting to make sure all employees are properly trained on any new equipment or procedures. Without proper planning an employee, manager or patient may be hurt or killed. Many mistakes can and will be avoided with proper planning. For example, if there is no plan for an employee to give a patient medicine the patient

Unit 16 P1

958 words - 4 pages P1 Explain the international business environment in which a selected organization operates Define international trade International trade refers to the purchasing of goods and services across the international terrains. Furthermore in many countries, this trade subsidizes substantially to the Gross Domestic Product while for the companies involved it contributes a lot to their total revenue and profits. The economic, political, and social

Related Papers

Unit 3 – Introduction To Marketing (P1) Describe How Marketing Techniques Are Used To Market Products In Two Organisations

1316 words - 6 pages P1) Describe how marketing techniques are used to market products in two organisations. Marketing is the process of meeting the necessities and wants of customers. Most businesses today are having rivalry towards generating the most profits as there are a lot of competitors in the business world. Marketing techniques are one of the ways that a business would do to increase its productivity and sales. Starbucks and Nintendo are two different

P1: Describe Physical, Intellectual, Emotional And Social Development For Each Of The Life Stages Of An Individual

763 words - 4 pages Conception Physical = A human begins with conception. A fertile woman usually produces one egg each month, roughly two weeks after the last menstrual period. The egg cell travels from the ovary, along the fallopian tube towards the uterus. If sexual intercourse takes place while the eggs are in the fallopian tube, there is a possibility of conception. Millions of sperm are ejaculated by a man during orgasm. Just one sperm may fertilise the egg

Types Of Abuse Essay

2476 words - 10 pages care services. Assessment and grading criteriaIn order to pass this unit, the evidence that the learner presents for assessment needs to demonstrate that they can meet all the learning outcomes for the unit. The assessment criteria for a pass grade describe the level of achievement required to pass this unit.Pass Merit Distinction | P1 describe forms of abuse

Hgchgfjhfjhgf Essay

1362 words - 6 pages evidence must show that the learner is able to: | |Task no. | |Evidence | |P1 |Describe the type of business, purpose and ownership of two contrasting businesses | |1 | | | |P2 |Describe the different stakeholders who influence the purpose of two contrasting businesses | |2