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Business and Business Environment
Virgin Group and NHS
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Content
Introduction
Virgin Group
NHS (National Health Service)
Difference as per type and purpose
Difference as per scope
Differences as per size
Conclusion
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Introduction
Two companies are explained In the presentation.
One company is Virgin group which is a profit organization and another company is NHS which is a non profits organization.
There differences as well as similarities are similarities are given in it.
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Virgin Group
This is a multinational British venture capital company.
This is a private limited company
It is main objective is to earn profit.
Its area of business is travel, transport, food, healthcare and many others.
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NHS (National Health Service)
It is a non profit organization..
It is a public health service organization.
It provides vast variety of services of health to the UK people.
Its purpose is to serve people.
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Difference as per type and purpose
Virgin group is a profits organization whereas NHS is a non profit organization.
Virgin group works for the motive to generate profit for the business whereas NHS is a organization that works for providing health services to the people.
Virgin works so that profit may be increased whereas it works for the betterment of the people.
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Difference as per scope
Virgin group is a conglomerate business that works in the areas of travel, entertainment, food and drink whereas NHS works for the providing health service to the people.
Virgin group work by providing franchisee whereas NHS works by charging amount for prescription and other permanent bills.
Virgin company works by licensing its brands whereas NHS works by donations and charities.
Virgin Group rules are same for all people whereas NHS gives concession to UK citizens .
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Differences as per size Virgin group
NHS
It is the large organization.
It is large charity organization.
400 companies worldwide
it has many wings in Uk
Accountable to company executive
Accountable to government
Flat hierarchy
Tall hierarchy
Complex organizational structure
Simple organizational structure
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Conclusion
Both companies are different in all aspects.
Both companies motives as well as objectives are also different.
But both work with all the ethical conduct.
They are different in all aspects but run there business with effectiveness and efficiency.
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References
Ghosh, K. 2015, "Benevolent leadership in not-for-profit organizations", Leadership & Organization Development Journal, vol. 36, no. 5, pp. 592-611.
FONTES-FILHO, J.R. & BRONSTEIN, M.M. 2016, "GOVERNANCE SOLUTIONS IN LISTED COMPANIES AND NOT-FOR-PROFIT ORGANIZATIONS: GOVERNANCE SOLUTIONS IN LISTED COMPANIES AND NPOs", Annals of Public and Cooperative Economics, vol. 87, no. 3, pp. 391-410.
MacKrell, D.C. 2016, "Win-Win-Win: Reflections from a Work-Integrated Learning Project in a Non-Profit Organization", Issues in Informing Science and Information Technology, vol. 13, pp. 047-061. Get full Report on: goo.gl/Psu7Aa
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