• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month
Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4
  5. 5
    5
  6. 6
    6
  7. 7
    7
  8. 8
    8
  9. 9
    9
  10. 10
    10
  11. 11
    11
  12. 12
    12
  13. 13
    13
  14. 14
    14
  15. 15
    15
  16. 16
    16
  17. 17
    17
  18. 18
    18
  19. 19
    19
  20. 20
    20

Describe in detail the structure, function and internal relationships of a company or organisation

Extracts from this document...

Introduction

9.1 (a) Describe in detail the structure, function and internal relationships of a company or organisation There are four main types of company in the UK. They are distinguished by their owners or members' legal liability to any debts that the company bring upon themselves: * Private company limited by shares - The members liability to any debts incurred by the company is limited to the amount unpaid on shares held by them. * Private company limited by guarantee - The members' liability to any debts incurred by the company is limited to the amount they have undertaken to contribute to the company's assets if it is wound up. * Public limited company - The members' liability is limited to the amount unpaid on shares held by them, and which must have an authorised share capital of at least �50,000 at the time of incorporation. * Private unlimited company - There is no limit to the members' liability for the debts that the company incurs. Such companies are organised as either sole traders or partnerships. (Alderfer 1972) In the UK there are approximately half a million companies in existence. However, there are more private limited companies (Ltd) than public limited companies (plc). Private Limited Companies (LTD) These are companies whose shares cannot be sold to the general public. The name of the company always ends with "limited" or "ltd". The majority of Companies are those limited by shares, with members or shareholders who hold one or more shares issued to them by the company in return for payment. Although most shares are fully paid and the shareholder has no liability for the company's debts, a shareholder's liability to the company's creditors is normally limited to the amount of any shares that have been issued to them and which they have not fully paid for. (Eyre 1993) Examples of private limited companies, * Joe Rigatonie's (Restaurant) ...read more.

Middle

The players generally require continual pressure and direction from the leader in order to get things done. The autocratic approach is not a good way to get the best performance from a team. This may be because the players may feel like amateurs, and the team cohesion will drop and this type of leadership often leads in players leaving the team or getting together to form a mutiny. The autocratic style if often good to use when coaching either young children or beginners, because they do not know about warm ups, drills, tactics and positions, so an autocratic coach would be needed. The Laissez-Faire leadership style The Laissez-Faire leadership style has little control over the team. The team can often be left to sort out their roles and tackle their work, without participating in this process himself. In general, this approach leaves the team floundering with little direction or motivation. There are situations where the Laissez-Faire approach can be effective. The Laissez-Faire technique is usually only appropriate when leading a team of highly motivated and skilled people, who have produced excellent work in the past. Teenages and young sunday league teams benefit from this type of manager, because they like to be involved in choosing their own training drills and warm up by themselves. They may have little patience for an autocratic coach. Once a leader has established that his team is confident, capable and motivated, it is often best to step back and let them get on with the task, since interfering can possibly cause anger from the players. The Democrat The democratic leader makes decisions by consulting their team, whilst still maintaining control of the group. The democratic leader allows their team to decide how the task will be tackled and who will perform which task. The democratic leader can be seen in two ways. A good democratic leader encourages participation and motivation, but never loses sight of the fact that he has the crucial responsibility of leadership. ...read more.

Conclusion

Fig3 - Example of an evidence sheet Evidence sheet Name ......... Sheet No: ...... Time / Date Details Work number Evidence Observed by Action Plan Competent Y / N The Evidence Sheets record details of activities and tasks that you have performed in the role. The recording of the activities is vital as this will be supporting evidence in fulfilling the role. It is a good idea to complete the evidence sheets after an action plan to help in future performance. Example1, Subject1 is often late for work, and has punctuality issues. The employer of the business decides to set out an action plan to improve subject1's punctuality, to increase performance at work. Example Action Plan (Name) Subject1 (Admin No)574 (Date Joined) 21st Feb 02 Following a meeting on 01 Mar 02 an Action Plan was created, using the SMART mnemonic. This Action Plan has been accepted and agreed by all parties involved. Specific Fails to arrive to work on time on a regular basis, so therefore not completing sufficient work tasks, letting down the team. Measurable To record all signing in times and report to supervisor, and record evidence of work completed Achievable Yes, following guidance from supervisor. Relevant In order to achieve this area of development it is also necessary to improve work performance. Time related Within 4 weeks, during the mentoring period. Signatures: Individual: (Name) Subject1 (Admin No) 574 Supervisor: (Name) Supervisor1 (Admin No) 1234 Manager (Name) Manager1 Performance Review After the action plan has been completed a performance review could be issued, to check the action plan was completed as required and to give the individual feedback in relation to performance. This is an opportunity to motivate an individual and give praise if required. If the performance review was successful then another performance review should be monitored after an agreed period of time to check that the individuals performance is still satisfactory, e.g. subject1 is now arriving at work on time regularly. However, if the performance review showed that the subject had not improved and completed the required task then further action should be taken. 1 ...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 Structures, Objectives & External Influences 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 Structures, Objectives & External Influences essays

  1. Btec National Business Level 3 Year 1 - Exploring Business Activity

    For example, the aim of the Microsoft is to be the world's leading software supplier. The objective is to undercut the price of rivals; to take over other similar makers; to increase sales by giving discount price to the customers.

  2. BTEC Business. Organisational Structure in different types of business.

    is the most important function for Martin House because their dealing with children with life limiting illnesses so they have to respond very quickly to any requests or queries from the children Marketing Centrica have to constantly keep updating, promoting the company website and also post the share price online.

  1. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    For example if there is a fault with your computer you know you need to contact the IT department and if there are problems with invoices and finance you know to contact the accounts department. Companies may also use a matrix structure; this is where a team of specialists from

  2. Spreadsheet Report for Tuck Shop

    I used the formula =SUM(C5:C27) This adds up the whole column of the 'Amount of Profit or Loss'. Using the formula =SUM(C5:C27) I also used an IF function to find out whether there was a 'PROFIT' or 'LOSS' for the whole week. The formula used is: This is saying that if E29 (The total amount of money received from products sold)

  1. For my portfolio, I was asked to do an assignment on two businesses. I ...

    If the company is successful, the shares automatically increases this will increases the value of the company. If a company wants to go public must have more than �50,000 and must have a satisfactory financial track record. In public limited companies like Tesco annual general meeting must be held each year and all shareholders must be invited.

  2. Departments and their roles within a business.

    The administration can send it out for them. This saves a lot of time for the marketing department and keep the businesses operations running smoothly. ICT Information and communication technology (ICT) plays a major role in customer satisfaction and keeps businesses systems and operations flowing. Without ICT it will be very difficult for businesses to operate and become successful.

  1. Investigating Business. Tesco PLC. I will be describing the aims and objectives of ...

    a modern and innovative company? because this shows that Tesco?s are continuingly developing/ innovating new point-of-sale where customers can buy products so it can meet certain customer needs such as for customers with disabilities who are unable to travel to a Tesco store.

  2. Organisational structures - ASDA+West Cheshire College

    that they are listened to and that the organisation is not obstructing the area. Stakeholders - Customers Customers are usually helping the organisation to achieve its aims and objectives, and this is happening because they may want a product, or basically they just want a cheap place to do shopping.

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