• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

About the business - Venetian Ices LTD.

Extracts from this document...


Section 1: About the business Rajdeep Dosanjh My name is Rajdeep Dosanjh and I have been assigned to complete a tasks concerning Venetian Ices LTD. The tasks in which I have been ask to complete are to explain what a payment system is, different methods in which employees can be rewarded and recommend how different types of employees can be rewarded. I will also have to investigate the laws which affect a business which produces ice cream and write a report for the directors of Venetian Ices LTD advising them of their responsibilities. Furthermore I will also have to produce a leaflet to accompany the report, which identifies the most important laws for a business producing ice cream. The business first showed signs of evolving when Marco Polo took the recipe for ice cream to Venice. This period created the reputation the Italians have for producing superb ice cream. It was in 1948 when Toni Seghini travelled to London in order to create an ice cream factory, which predictably became a successful business venture. Toni started with a small factory which supplied ice cream to local retailers, during this period he also ran a ice cream sales van. Gladly for Toni, the sales of ice cream in the 1950's grew with a general upward trend. However, the ice cream industry has not been without some problems, one of which gave Toni the opportunity to extend the business to a considerable extent. During the early 1950's the government introduced a number of regulations, such as the food and drugs act (which became food and safety act in 1990). These regulations which soon were passed by parliament to become laws, affected smaller ice cream manufacturers as they were unable to produce the finance needed to accomplish these regulations. Toni was quick to react against these changes in law by forming Venetian Ices LTD, he did this by buying out many similar manufacturers, this expansion meant that Toni could develop both take home and impulse lines. ...read more.


This means that the sole traders accounts are not separated from their own personnel accounts. Therefore Toni is fully responsible for any debts the business may have. We call this unlimited liability. If in this case Toni has drowned himself into serious debts, then the people he owes money to (creditors), have the right to force him into selling his assets and personnel possessions to pay them off. Further more, there is also the disadvantage of his own personnel time being taken up in terms of drawing up his accounts and ordering stock to sell, this could tire out Toni and make him become un-motivated to work. An additional worry for Toni in this situation is that if he didn't have enough capital himself he'd be un-able to receive extra finance from one of his partners, and the bank would be in this situation an hard option as the banks can be often reluctant to invest extra capital to developing businesses. I would state that the option of taking up a sole trader position would be most suitable to people starting up a new business and people starting up a business which does not need much capital to be successful. Also in this type of retail business personnel and direct contact with costumers is vital, therefore a friendly atmosphere between costumers and owners would be a valuable asset. The business function I am most concerned with is the personnel department, this department deals with the employees, meaning it controls interviews with new employees, selecting staff for promotion, discipline within the company and who will receive bonuses for working well. As well as these responsibilities the function has the more important job of making sure the company workers are well motivated. They do this in many ways, a few of which are giving job perks e.g. company car, holidays and special bonuses. If however a vacancy occurs within a business, then it is the personnel departments' responsibility to attract and recruit the most suitable and most qualified staff. ...read more.


I will have to carry out this research in many ways, the most common situations will include me producing questionnaires, telephoning companies and searching the Internet for information. My tasks also include me locating the most suitable reward systems that Venetian Ices LTD can offer to their employees. The way I will complete this problem will have to include many similar techniques I will have to complete in order to find the most suitable pay systems e.g. questionnaires and telephoning companies. Another technique I will consider undertaking would be asking relatives and friends of their opinions of the most suitable ways they should be rewarded. The leagl problem I have been asked to complete will have to be approached rather differently compared to the pay and reward systems. With this problem I will consider searching the web for the most common and important laws concerning the production of ice cream, as well as questioning people qualified in law, over which laws constrain the production of ice cream. If I successfully complete these problems, then hopefully Venetian Ices LTD will be approaching many advantages. If I explain to Venetian Ices LTD which payment and reward system they should process, then their employees will be well motivated. This is an important aspect of employees, as a well-motivated workforce helps to raise productivity. This 'motivation' may also lead to employees having fewer days off work and having less grievances at work which can result in strike action. The law task has to be accomplished as it is vital for the companies production of ice cream. Therefore, Venetian Ices LTD's production of ice cream will be legal and safe for both employees and consumers. However if the laws are not made clear to Venetian Ices LTD, then they may occur problems which prevent them from being successful and maybe lead them towards closure. For example, if the standards of food making are not suitable within Venetian Ices factories, then the health authorities once notified may find the company unfit to produce ice cream and therefore stop production and the business making a profit. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. For my business report I am investigating the Co-op erative society supermarket.

    * Messages can be distorted as information has to pass between levels, * Failure to adapt. * Senior managers may neglect strategic issues. Matrix Structure The matrix structure is usually a subdivided structure mostly fitted to projects Advantages of matrix structure * The quality of decision making where interests conflict.


    The simple way of explaining culture is the way the things are done in a business. 15.2 The type of culture of Marks and Spencer is a customer driven culture.

  1. In this assignment I am going to produce a detailed business report on a ...

    All staff will have a written contract of employment, with agreed terms and conditions, including notice period s on both sides. All staff are entitled to reasonable rest, break, access to toilets, rest facilities and potable water at their pace of work, and holiday leave in accordance with the legislation of the country where they work.

  2. Business report on Marks and Spencer.

    As the Internet expansion increases, so too will the knowledge revolution - leading to knock - on effects that have the potential to transform the business in new and unforeseen ways. 21.5 Information and communication processing systems and their application influence the way in which the business operates and compete at all levels of decision making.

  1. E-commerce in Business Companies of Bangladesh.

    In the backdrop of such limitations, the low wage economy, with high levels of unemployment and underemployment, will continue to rely on the physical presence of buyers and sellers during a transaction in most cases. B2C for cross border trade is inhibited by the factors suggested for the domestic front.

  2. This coursework that I intend on completing will be based around setting up a ...

    However I feel the shop would need to be able to stand out and be different from shops like WHSmith and Woolworth's in order to appeal to the minority of groups who don't shop at these places. These people I discovered would therefore be teenagers and youngsters.

  1. In this coursework I need to produce a detailed business report on one medium-sized ...

    They soon realised that by selling a wider variety and larger volume of stock and employing fewer staff they could offer lower prices to the public. Self-service stores came to Britain after the Second World War, and Jack Cohen opened the first Tesco self-service store in St Albans in 1948.

  2. For my report I will be looking at two businesses, a small business and ...

    They also need all the objectives stated above and below to be efficient. This will then meet good standards. A good efficient company needs good efficient staff to make a good efficient organisation. * Quality - The quality of their goods and products need to meet the customers' needs and satisfaction.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work