Choose 1 public Uk company and 1 charity company Assignment

Choose 1 public Uk company and 1 charity company - Assignment Example Today, the firm sells tens of thousands of products and operates in over 12 countries in the Euro and Asia markets. The mission of Tesco is to offer its customers the best products at the best prices ever. It intends to help its customers to save some money on grocery shopping through providing pocket-friendlily high quality prices (Rohwedder, 2006). Tearfund is a UK nongovernmental organization and a Christian charity fund that was founded in 1968 in London (Hollow, 2008). From the organization some more charity organizations have been formed such as the Disaster Emergency Committee and the Micah Network. Tearfund was created from an already existing organization called the Evangelical Alliance as well as the evangelical Refugee Fund which were initially created by the UN. Its initial name was Evangelical Alliance Fund Committee and was headed by George Hoffman. The mission for Tearfund is to give relief funds in places that face some sort of disaster whether it is poverty, war or natural calamity (Barry, 2000). Tearfund also gives funds for development purposes in places where there is minimal development. A look at these two firms reveals that there is a different between nonprofit firms and the for profit firms. The growth rate for the two firms is different. The private for profit firms seem to grow faster as they look for more market. A good example is the Tesco which has been exploring markets outside UK, even in the US where it failed dramatically (Kamal, 2014). The other difference that comes between these two firms is with regard to their expansion strategy. While a profit oriented firm seeks to expand to the markets where the economies are doing well in order to profit from the economy, a charity organization like Tearfund seeks to expand to areas where the economy is not doing so well, because their intention of to give money rather