Unit 1 In this assignment I will describe the purpose, a description, the sector they operate in and the ownership of two contrasting businesses. My two chosen businesses are ASDA (private sector business) and Oxfam (voluntary sector business). I decided to choose these two businesses because they both vary a lot from each other. ASDA ASDA is a British supermarket chain that retails food, Clothing by George, toys and others. They have also branched out a lot and now own a mobile network called ASDA mobile. The main purpose of this business is to make profit. As well as this they want to provide goods and services. They also made a statement stating that they want to be “Britain’s best-value retailer exceeding customer needs”. ASDA can …show more content…
Therefore this is a private sector business. OXFAM OXFAM is a charity organisation that works for no money. They help to create solutions that last to solve poverty in many countries. They do this as they believe that everyone should be able to live free of poverty. OXFAM is an international organization. In total OXFAM is 20 organizations working together with partners and local communities in more than 90 countries. This is so big as one in three people live in poverty. OXFAM operates in the all 3 sectors. This is because they provide seeds and water (raw materials) for farmers in poverty stricken countries. As well as this they make products to sell in their shops while selling the used products that people have donated in their shops. Unlimited liability This is the concept that if the business is unable to pay off outstanding debts then the owner/ owners will be forced to sell off their private assets in order to pay off the debt. The two types of business that are susceptible to this are sole traders and partnerships. Limited …show more content…
The customer is most likely the most important stakeholder to keep with their business as without a customer, there is nothing being sold which ultimately means that there is no profit. The customers are trying to influence ASDA by using competition with other supermarkets to try and get there high quality food as low price as they can. The customers at OXFAM are the people in need of the aid. They would expect their needs to be addressed in a timely and effective manner. This links with the aims and objectives of OXFAM which are to “help people claim the right to a better life”. By OXFAM helping one area then these people been helped by OXFAM could possibly come together and help OXFAM to achieve their goals. Employees Employees can make the company’s production line better by managing their waste for example. This can make the profits greater expanding the business. The employees of OXFAM are probably one of the main stakeholders of this company. This is because without the employees working for OXFAM then no one would receive the care that they
In C Unit, we offer OT to the most qualified staff and set OT expectations upfront. We utilize Peer Group Average, OT monthly workbook Tracking/cumulative (which tracks spending totals, hours and volume).Through OT, we perform workload analysis to ensure OT goal are being met. By paying close attention to OT objectives, we increase productivity and reduce backlogs. Additionally, we provide continues feedback to our staff on performance effectiveness.
A detailed account will be provided and information will be built upon from the previous task. This report will include an analysis of the previous assignment in which political, legal, social and technological factors were discussed and how they affected selected businesses. An in depth explanation about how these factors affect businesses, Carphone Warehouse and Dogs Trust will be given. Carphone Warehouse: A factor which affects Carphone Warehouse is political factors.
The aim of this report is to describe the different type of business organisations that operates in the United Kingdom. This report will include comparisons between a private and public sector in terms of their ownerships, aims & objectives, purpose of the business, which sector it lies in and many more. The businesses which I have chosen to investigate are Apple and RSPCA. Apple is a multinational technology company and the market leaders that sell technologies to customers such as their IPhones which are one of their products and are sold across the world.
The community would benefit by the assistance of day old food feeding those in need and the company would also benefit from the charity it was providing to the community. The company would have possible lower tax liability and would have a radiance about Company Q and how they take pride in the community and want to help other who live in the community that are in
We will supply candidates and employees with complete and accurate information as provided by the client, regarding terms of employment, job descriptions and workplace conditions. We will take all reasonable steps to provide clients with accurate information on each candidate 's employment qualifications and experience; and will only present those candidates who have given us authorization to represent their application for employment. We will not restrict the right of a candidate or employee to accept employment of their choice. We will serve our clients, candidates and employees faithfully, with integrity and professional responsibility.
Franklin D. Roosevelt introduced the New Deal to help many people that were affected by the depression that started in October 1929. The Wall Street crash in 1929 would be the crash that would cause a depression in America and that was the economic depression. After the depression that Wall Street market crashed. 12 million people were put out of work, which also caused 20,000 companies to go bankrupt. Many people were depressed and were looking for a way out.
P1: Describe customers in four different contexts: A Market: A market is a place where demand and supply operate. Buyers and sellers interact to trade their good and services. (What is a market? , n.d.)
The Joint Commission The Joint Commission has been around for many years. The Joint commission was established in 1951 as a not-for-profit organization. The Joint Commission “seeks to continuously improve health care for the public, in collaboration with other stakeholders, by evaluating health care organizations and inspiring them to excel in providing safe and effective care of the highest quality and value. The Joint Commission accredits and certifies more than 21,000 health care organizations and programs in the United States, including hospitals and health care organizations that provide ambulatory and office-based surgery, behavioral health, home health care, laboratory and nursing care center services (The Joint Commission, 2016).”
Wal-Mart they give money to organizations and donate plenty of products throughout the year. This corporation plays a big role in society. They also allow their stakeholders (employees) to buy into to their company stocks. They show social responsibility and ethical behavior to their consumers by providing affordable goods at low prices everyday. They provide consumers with more choices so they can shop close to home and not have to drive as far.
A Stakeholder is any individual who has a vested interest in a business and is affected by the organisations decisions and strategies (Pride, Hughes & Kapoor 2015, p. 10). Therefore, the people most affected by Graeter’s decisions to take a long term view of the business rather than aim for short term profits are the family members who have a stake in the business. At the present, Richard Graeter II (CEO), Robert Graeter (vice president of operations) and Chip Graeter (vice president of retail operations) manage the business and are responsible for all the decisions regarding its operations. Graeter’s management team have chosen to forgo the opportunity for short term profits by adhering to the traditional manufacturing process used by Louis
MARKETING PRINCIPLES Assignment On: Explain the concept “product/market expansion grid” (Ansoff matrix). Using the growth strategies based on this concept, suggest the initiatives of how Aldi can grow their business in Australia. Substantiate your argument.
Unit 1: The Business Environment Task 1: Describe the types of business, purpose and ownership of two contrasting businesses. Tesco is a profitable British global company and is the third largest retailer in the world measured by profits. Brockenhurst is a non-profitable local organisation located in the New Forest run by the government. Tesco 's is the grocery market leader in the UK where it has a market share of 27.8%. (Tesco 's was founded in 1919 in London and Jack Cohen bought a plot of land in 1934) since then the supermarket has expanded.
Pivot Assignment My assignment will be based around the company Starbucks. The main objective of this assignment is to become familiar with a specific business model innovation (pivot) that is well known in the public domain and to show clear analysis and presentation of the key factors of success (or failure) but in this case was a success. What does pivot mean in Business?
One person in three in the world lives in poverty. Oxfam is determined to change that world by mobilising the power of people against poverty. Around the globe, Oxfam works to find practical, innovative ways for people to lift themselves out of poverty and thrive. We save lives and help rebuild livelihoods when crisis strikes. And we campaign so that the voices of the poor influence the local and global decisions that affect them.
ASDA has a long road ahead of them as the organization is experiencing a time of considerable issues. Archie Norman, a new executive and new leader in the retail world has just taken the rains of the organization. The following essay will discuss the challenges he needs to undertake, the faces of change ASDA needs to engage in, and how they can go about motivating employees so that they engage in the change. Before change can take place, leaders need to communicate the value of the change, as well as, how the firm and the employees with flourish. Moreover, they need to ensure they have a strong implementation strategy.