BTEC Assignment Unit 5: International Business

BTEC Assignment Unit 5: International Business BTEC Assignment Unit 5: International Business lOMoAR cPSD| BTEC Assignment Unit 5: International Business A.P1 Explain why two businesses operate in contrasting international markets Section One: In this section, I will be introducing two businesses which operate in contrasting sectors and are based in more than one country. The two different British businesses I have selected to report on are BT and Tesco. In this section I will be talking about:  The operation of each businesses  The reasons each conducts businesses internationally  Types of finances available to each business  A full analysis of the support which has been given to each of the business BT – Operation of the Business BT Group PLC is a holding company which is a British multinational telecommunication company. BT Headquarters are in United Kingdom, London. The founder of BT is William Cooke and John Lewis Ricardo. It holds several operations from up to 180 countries and the largest provider of fixed line with also mobile and broadband services within the UK. BT also providers subscriptions for televisions and also IT services. General Post Office, which is a government department did become the monopoly of the telecoms within the suppliers of the United Kingdom. 1960 is where it led to becoming a public corporation and British Telecommunication and then lately trading as British Telecommunications and was formed fully in 1980. British Telecommunications then was privatized in 2984 which became British Telecommunications plc and gained 50 per cent of its shares sold fully to its investors. Later lOMoAR cPSD| then, the Government sold its other stakes of the shared in around 2992 and 1993. BT does have a listing on London Stock Exchange which also means there is a secondary listing on the New York Stock Exchange and also a part of the FTSE 100 Index. In 1912. Therefore, BT does have in control of big subsidiaries. BT has around 18 million customers in the UK alone. BT operated in more than 280 countries including Ireland, America, France, Germany, Italy, Nordics, Spain, South Korea, China, Hong Kong, Africa, Singapore, Japan and many more. BT products include Mobile services, Broadband Internet, TV, IT and network services, Supply Chain Management and Telecommunications equipment. BT is in the secondary, tertiary and quaternary industry as with its manufacturing with BT manufacturing company which is an ISO-9001 certified electronic contract manufacturer being established and providing good performance from 25 years within the electronic manufacturing services. BT - Structure BT is currently running a PLC which means that the shared are fully available to the stock exchange. BT employs around 104,000 people worldwide and including 93,000 in the UK alone. 2019 February is when BT did announce their new organizational structure will be taking effect from April 2016. Brands like EE networks and other high street stores will be fully retained and will soon develop a secondary consumer division which will operate with BT consumer. Serving customers with mobile services, broadband and also TV is perfect for BT