British Airways and HM Prison Business Activities
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BTEC National Certificate in Business (e-Business) Unit 1 - Exploring Business Activity (Assignment One) By: Haroon Sheikh Business Activities Report (2007) Introduction to the Organisations (P1/P3) British Airways: British Airways is the UK's largest international scheduled airline, flying to over 550 destinations at convenient times, to the best located airports. BA is in the business of delivering great service to passengers. They are ready for the challenges of today's marketplace. They own some of the world's most valuable airports and intend to invest in their growth. BA is in the Private Sector Businesses. It's a Private Limited Company (LTD) means that BA own assets in their own right. BA is about much more than simply hitting targets and profit margins. They also have certain responsibilities to society. The purpose of the business is to provide its management with a new mandate to be more than just an airline. British Airways is aiming to set new industry standards in customer service and innovation and deliver the best financial performance and evolve from being an airline to a world travel business with the flexibility to stretch its brand in new business areas. Their owners are not personally liable for the firm's debts. They have Limited Liability. Ownership of BA is divided into parts called shares. BA is owned by the shareholders. The shareholders have Limited liability. This means that the assets and liabilities of the shareholders are separate from the assets and liabilities of the company. If BA makes a loss, those to whom it owes money cannot force the shareholders t pay for the loss. BA is an International Business. The HM Prison Service: HM prison service is in the Public Sector Businesses. It's a Public Limited Company (PLC) means that it's owned by the government and their main aim is to provide essential services for the whole population. It's not a profit making business, and the general public pays for these services through taxation. ...read more.
* Employees: They have a stake in the business for which they work. For Example, HM Prison pays them Wages/Salaries on which they have to live. HM also give their employees fringe benefits. Job Security is very important for the employees. If the employees do not feel safe, happy and comfortable means they are not motivated then it could be hard for HM Prison to achieve its objectives therefore the aims would be unfulfilled. Staffs expect a visible and active commitment from their managers to ensuring that all staff is treated fairly and equitably. Managers should be approachable, willing to listen to grievances and to act on them sensitively. * Local Community: HM Prison Service has a social responsibilities to the community in which they operate. * Suppliers: They rely upon on customers that are businesses to buy their products. HM Prison has a social responsibility to act fairly to their suppliers, paying reasonable prices for their food products for the prisoners, for example. They should also respect contract which they have made. If HM Prison does not do that then it could really have an impact on the business because suppliers might not supply the products to them again and they could also have bad reputation in the market. * Government: The government is keen to make HM Prison Service to take more care of the stakeholders. (M1) Having a good employment policy attracts better applicants for posts and helps motivate and retain existing staff. This helps with improved motivated staff and retention should lead to achieve the objectives. Working well with suppliers should enable the HM Prison to get value for money. It would be much easier to sort out problems such as late deliveries or defective work with suppliers with whom there is a good relation ship. Putting something to the community, such as giving to local charities, taking on workers bring HM Prison Service a good Public relationship with the local community. ...read more.
Ryan Air are continually changing, what they have to offer. They may lower prices, bring out new products; engage in exciting new advertising campaigns, and a range of other activities. This is effect BA because they will loose their customers because they are getting better deals from Ryan Air. Political - Example of Political factors for BA is that the government has put up taxations for BA which makes BA to increase the price of their flight which would affect BA to loose customers. Economic - The economy consists of businesses, individuals working in the functional areas and the government. Because it's an international airline and BAA is getting the passengers from every corner of the world. This makes BA to pay for its resources such as labour and raw materials. Businesses are continually affected by changes in the economy. Technological Factors - These factors result from the development of new techniques. Example, New types of products. For example in recent few there I massive change in IT which has transformed the way we run our lives. HM Prison Service Internal Factors: Size - HM Prison Service have a very large structure in which the responsibility for managing functional is shared. Individuals may have more than one specialism. This can affect the HM Prison because that could mean a lack of clarity about who is responsible for what task. Strategic Plans - They affect the functional activities because they might be working on an activity and they already got the next one which could me interruption with finishing the tasks. This could lead to failure of achieving the goals of HM Prison. External Factors: Political - Government creates law that affect HM prison. There are many laws of (referred to as legislation) that affect a business. Social Factors - Society is made up for all the people in a given area. It is important to be able to find out what the main trends are that are happening in society because these facts affect HM Prison Service. ?? ?? ?? ?? 1 ...read more.
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