Cadbury’s main reason is to make profit like every other organisation it he private sector. It is able to make a profit because people are willing to pay for the goods it offers Supplying Products for Profit: Where there is a demand for a product, there will be businesses set up to meet that demand. For example, customer want high quality chocolates, Cadbury knows that and it is doing it or the customers want something special for this Christmas and Cadbury has thousand of offers for chocolates and sweets for Christmas (such as the shape of Santa Clause made by chocolate and many other different shapes).
Supplying at Cost and Below Cost: Cadbury do not always seek to sell their products for a profit. Sometimes they are willing to do so ‘at cost’. Supplying at cost occurs when the money received from selling a product is equal to the cost of supplying that product. For example, Cadbury may offer low cost products to primary school at Christmas. Sometimes Cadbury may supply products below the cost, this might happen because Cadbury is trying to generate interest in a new product. Once the customers are aware of the product it will be possible to raise the price so that profit can be made.
Supplying Products to Customers: The supply of products is the quantity that a supplier is willing to provide at different prices. Typically suppliers will supply more than at lower prices. For example, Cadbury supplies its products and normal prices, but if Cadbury know that customers are willing to pay more Cadbury will increase the cost and make bigger profit. Supplying Products to Businesses: Some products are supplied by businesses to other businesses. For example, Cadbury makes products and supply other businesses like Tesco, ASDA, Sainsbury’s and other smaller organisations.
Supplying in Response to Demand: A market exists in any situation in which buyers and sellers come into contact. Markets range from physical places where people exchange goods and services to ‘virtual’ markets where trade is carried out over the Internet and other forms of electronic communication. In a local market traders and customers come into contact. For example, I can go to the local shop and buy a Cadbury’s chocolate bar and sweets. Nowadays electronic trading is becoming more and more popular.
For example, instead going to the shop I can go online and buy some of the Cadbury’s products at www. tesco. co. uk , www. superdrug. co. uk or any other big UK shop and they’ll delivery it to me very soon. Patterns of demand change regularly. As new products enter markets the demand for the old ones often declines. Save the Children Save the Children is ‘not-for-profit’ organisation so it doesn’t make any profit from the services it supplies. Save the Children provides its services at cost or below cost because its voluntary organisation.
Save the Children provides its services directly to the people in need, for example, Gaza has problems now and Save the Children is there to help the children and the young people in need and it work with the central and local government agencies to demand – supplies services in response to demand. Eglantyne Jebb and her sister Dorothy Buxton founded the first Save the Children organisation in May 1919, in London, United Kingdom. Shocked by the aftermath of World War 1 and the Russian Revolution, they were determined to secure improvements to children’s lives.
Their goal was to create a powerful international organisation, which would extend its ramifications to the remotest corner of the globe. This was soon achieved – and Save the Children continues to build on this success. Eglantyne Jebb was the first to press for worldwide safeguards for children. The UN Convention on the Rights of the Child, adopted by the United Nations in 1989 and now ratified by nearly all countries worldwide, has its roots in her pioneering work. Save the children is a charitable trust organisation in the voluntary sector. This is an organisation that is set up to raise funds and support other or a good cause.
The business objective of charities is to create a surplus to use for helping others. A surplus occurs when the revenue (money coming into the charity) is greater than the costs of running the charity. The management of Save the Children work is overseen by a group of trustees, who are volunteers with a reputation as responsible citizens. Charities have to register as such and must produce annual accounts that are available to be viewed. Save the Children is in the tertiary sector because it provides services and it operates nationally because it collects funds from UK and Europe and send it all over the world.
Save the Children’s main reason to exist is to help the children in need not to make profit from something. Save the Children provides ‘health, freedom from hunger, education, protection, emergencies, laying the foundation to increase its income and to manage its finances strategically, focusing its programmes and building a powerful Alliance, increasing children’s participation in overseeing its work, strengthening its workforce and improving its systems and inspiring communications’.
Supplying Services for Profit: Save the Children doesn’t make any profit from the service it offers, everything goes for the children in need. This charitable organisation doesn’t get any extra money for the things that it is doing, it gets just a little amount of money to cover its costs.