For this assignment I will be looking at 2 different types of business to see how they develop.
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Introduction
Introduction For this assignment I will be looking at 2 different types of business. I will be describing each business in more detail, I will include the following information: - Type of ownership - Industrial sectors - Activities of the business - Location - Stakeholders The 2 businesses that I am going to describe are Barnsley College and a Chinese takeaway. Ownership Barnsley College is a place for people to learn, the college offers a range of programmes suitable for all students from school leavers to adult returners. The type of ownership Barnsley college has is a public ownership. Barnsley College has this type of ownership because it relates to all the institutions and organisations, which are owned and run by the state and also overseen by the government. There are many government departments that deal with different matters, the Department for Education and Employment oversees all education establishments. Barnsley College deals with full time education for people over 16 years old and deals with further and some higher education. The department is also responsible for employment policies, learning and skills councils, employee rights, health and safety, pay and equal opportunities. There are some advantages and disadvantages of this type of ownership. Barnsley College funding is from the Learning and Skills Council, the council pay a certain amount for each student to be enrolled at College. The Board of Governors makes the decisions of the college. ...read more.
Middle
Business Activities Business activities are the job roles and activities that are involved to run the Business, it relates to dealing with products and services. There are several activities that are carried out by Barnsley College, but the core activity is teaching. This is important to Barnsley College because it helps the students gain a good outcome to progress onto further and higher education and also concerns their career. There are several activities the College carries out including, monitoring the student's progress by producing a report from time to time, evaluating their work, dealing with administration work such as the students profiles and details, providing learning facilities such as computers and access to the internet, communicating with the students to help support them and many more including the basics like cleaning etc. The core activity of the takeaway is producing food to trade to the public, this is because they need to gain money and profit to support their financial matters. Other activities include purchasing stock, dealing with deliveries, record keeping, financial matters, communication for telephone orders and enquiries, providing a service and cleaning. Below is a graph showing the trends of the two activities of Education and Hotels & Restaurants. The graph shows that the activities involving education has increased over the past seven years, this is because further and higher education is now funded differently from schools and also is very complex these days. ...read more.
Conclusion
Their main interest is the food and probably because they value the prices. There have been some changes to the stakeholder's interest over the past year because before the owner today, the previous owner served a few other English dishes that are not available to buy now so there's possibly been a reduction of stakeholders since then, and also a possible rise now that the new owner has taken over serving some new dishes that has not been served before. Other stakeholders could be the employees because they might enjoy catering and the activities that are involved. Employees can influence stakeholders by bringing new ideas into the Business that can maybe increase their interests. The stakeholders of the Takeaway are important to them because if a customer is unhappy with the food then there are likely to be affects on other customers too, so therefore the takeaway responds quite effectively. The influence of stakeholders is different in each Business because they both have customers and employees but no shareholders because the takeaway has a sole trader ownership. They both serve the local community but the extent to which Barnsley College does is greater because it is a large Business and offer high standards of services more than the takeaway can. Barnsley College is valuable to the community because it adds to the overall feeling of increasing self esteem and self confidence becomes more employable. Barnsley College also has to answer to the Government particularly for the funding. In this case funding comes from the Government and is raised through taxation. 1 ...read more.
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