BTEC Business Unit 1 – The Business Environment Sanjana Sundeep - 12 C
Unit 1: The
Business Task 1 – P1
Q - Describe the type of business, purpose, ownership of two
Environmen
contrasting businesses.
• Brief introduction to the two businesses.
• Explain the types of businesses.
• Describe the objectives of the businesses, include the
aims, vision, mission of your organizations.
Comment on the ownership of each business. This should
include an accurate, but not necessarily detailed, statement as
to the extent of the owner’s liability for debts.
Introduction of both the
Businesses:
Emirates National Oil Company
The Emirates National Oil Company (ENOC) is an energy group that was established
in 1993. It originated in Dubai, United Arab Emirates. It’s an oil and gas company that
refines, processes, supplies and trades. It employed over 9000 employees across all
their branches. It is a government owned cooperation that has branches all over the
world. The ENOC group is involved in a variety of subsidiaries that are a part of
refining, lubricating, storage and retail. Over a period of 30 years they evolved from a
local to a global business. It has over 15 honors and awards for their consistent work,
exponential growth and service.
Siphen Technologies Private Limited
Siphen Technologies is a software company that originated in Uttar Pradesh, India
and was founded on February 17, 2012. It’s a non-government company that has
branched out to Dubai and Kanpur in India. Its involved in a variety of subsidiaries
like legal, accounting, tax consultancy, auditing etc. Siphen offers a substantial
1
variety of IT services to acknowledge certain business problems fast, while also
providing flexibility for quick and easy future corrections.
Unit 1: The
Business Task 1 – P1
Q - Describe the type of business, purpose, ownership of two
Environmen
contrasting businesses.
• Brief introduction to the two businesses.
• Explain the types of businesses.
• Describe the objectives of the businesses, include the
aims, vision, mission of your organizations.
Comment on the ownership of each business. This should
include an accurate, but not necessarily detailed, statement as
to the extent of the owner’s liability for debts.
Introduction of both the
Businesses:
Emirates National Oil Company
The Emirates National Oil Company (ENOC) is an energy group that was established
in 1993. It originated in Dubai, United Arab Emirates. It’s an oil and gas company that
refines, processes, supplies and trades. It employed over 9000 employees across all
their branches. It is a government owned cooperation that has branches all over the
world. The ENOC group is involved in a variety of subsidiaries that are a part of
refining, lubricating, storage and retail. Over a period of 30 years they evolved from a
local to a global business. It has over 15 honors and awards for their consistent work,
exponential growth and service.
Siphen Technologies Private Limited
Siphen Technologies is a software company that originated in Uttar Pradesh, India
and was founded on February 17, 2012. It’s a non-government company that has
branched out to Dubai and Kanpur in India. Its involved in a variety of subsidiaries
like legal, accounting, tax consultancy, auditing etc. Siphen offers a substantial
1
variety of IT services to acknowledge certain business problems fast, while also
providing flexibility for quick and easy future corrections.
