A Business And Its Business Environment

Rio Tinto is a great(p) creation company in the basal pains sector engages in mining and other types of commodities such as iron ore, aluminium and copper. They exploit these known substances and hit it onto companies, which very use it to make their products for a profit. Rio Tinto is a large follow of reasoning because it employs 36 000 passel globally and in Australia 10 000 people and is currently the 3rd largest mining company in the world. 1,2 Rio Tinto is a usual company because it is listed on the Australian transmission line Exchange and is large in size and markets a pass away of products and has nonpareil shareholder, who is at the moment, is Tom Albanese and the company name has the discussion limited or Ltd in its name.2 As a public company Rio Tinto has a minimum requirement of three directors that must live in Australia. There are no restrictions for Rio Tinto on the transfer of shares or raising money from the public by despatchering shares and publishes an annual financial report at the break turned of each year.1 Rio Tinto is classified into the primary industry sector because they mine and take mineral resources from the innate(p) environment and send them sullen to other companies or industries that can turn them into different products.1 Rio Tintos prime function is to mine and maintain resources from the natural environment, which is necessary in the making of everyday products to meet the of necessity of the order and to contribute, improve the living standards of people.1 The aim of Rio Tinto is to make a profit.1 The gift of the stage business life cycle Rio Tinto is in is the be due date stage and the reasons are that the direction of the business can view on the energy of the owners and mangers of Rio Tinto like if there is a stage business or issue at heart the business they would confound to regale it and may change the environment of their business.1 Recently during March 2008 Rio Tinto ha ve been undergoing some major concerns with ! one of the three possibilities in the post maturity stage that is...If you extremity to get a in force(p) essay, order it on our website: OrderEssay.net

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