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

For this piece of coursework, I need to talk about the aims and objectives, ownership, location of the company and the activities of 2 companies. And I chose Chrissie D's and Richer Sounds.

Extracts from this document...

Introduction

Introduction: For this piece of coursework, I need to talk about the aims and objectives, ownership, location of the company and the activities of 2 companies. And I chose Chrissie D's and Richer Sounds. Richer Sounds Aims: Long - term goals of a business. Keep the business moving forward. Aims of Richer Sounds: There are many aims of Richer Sounds that are to: * Provide fantastic service and value for money. * Reward staffs depend on their work done, so they have many colleague benefits and bonus scheme on offer. * Be fair to every staff and customers. * Make profits- a business can't survive without making profits, and this is the main aim. Objectives: Objectives are the targets that help firms to achieve their aims Objectives of Richer Sounds: * Open four to six stores in the coming year- more stores they have, more people know about the company. * To sell as much products as they can. * Keep the business fun, so the customers will always come back. * Keep the level of the excellence of customer service over 90%, so they won't get complains at all. ...read more.

Middle

Change to their activities Richer Sounds are proud of themselves of being creative, but they still want to improve themselves, and they make some changes from outside the company (external changes), and others from inside (internal changes). External changes that affect them and what they do The main changes and what they do are listed below: * Technological changes and developments. * Customer tastes and fashions change. * Investigation problems. * Methods of selling. Internal changes and what they do They never stop trying to improve the business in all sorts of ways. * Ideas from staffs. * Suggestion evening - they always encourage their staffs to give suggestions about the shops, that's why they decided to have a meeting group in the evening, everyone who attend the meeting will be paid �6. * Consulting colleagues. Chrissie D's Aims: There are few aims for Chrissie D's that are to make as much profit as possible, provide the best quality, improve the quality of their shoes, provide the best service and try to get the best supplier which sells the shoes for less and good quality. Objectives: The main objectives for the businesses to sell more different type of shoes than their competitors provide more different services than the previous year Produce as much new goods or new service as possible. ...read more.

Conclusion

using many techniques such as advertising on the bill boards Ownership It is good to be unlisted in the public company because shares are not sold and the owner stay the same. Location It would be better for Richer Sounds' if they continue to purchase commercial properties on the main road and turn it into their shop, which will attract more customers. Activity I think all the items that Richer Sounds' sell is ok but if they can try they should sell all types of parts for electrical items Chrissie D's Aims and Objectives I think Chrissie D's aims and objectives are alright for a retailer but they should also should aim to be helpful to all customers and try to meet all the needs of their customers Ownership It is good to be private limited company because the owner is the boss and also that it may not need any staff and 1 person can run the business which makes all the profits go to him/her Activity As Chrissie D's has recently started selling school bags they should also sell school clothes because as it is a residential area every children will need to buy their school clothes and so they can just go the Chrissie D's Kelvin Wong ...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. Marked by a teacher

    Marks and Spencer aims and objectives

    4 star(s)

    To Marks and Spencer hope improving their supply chain transportation is a major investment that will help them stay one step ahead of demand in their market for fresh and new fast fashion. Marks and Spencer supply chain and IT system is a very important aspect of their stores as

  2. Marked by a teacher

    ASDA's Ownership

    4 star(s)

    The owners are now known as shareholders and are no longer responsible for any debts and liability is now limited - if the business goes bankrupt, the owners don't end up bankrupt. * Look better to the general public, in terms of security.

  1. In this piece of coursework I will show a company's aims and objectives. I ...

    C)What are the aims and objectives of Topshop? The core value of TOPSHOP is as following. ''Our mission is to: a) Provide high standards of service to our customers at competitive prices while always striving to exceed our customers' expectations. b) Achieve consistent and competitive growth in profits through excellence.''

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

    Co-operatives � A cooperative is owned by the people who work for it. Employee's buy a share in the organisation and have a vote in making decisions. � Members receive a share of the profits in the form of a dividend, when they leave they can take their funds back.

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

    Transport and communication services. It includes Stagecoach, British railways and airways, taxis, and bus and coach rentals because they provide transport services and various kinds of communication services such as Telecommunication services such as British Telecom and Argos Telecom, postal services like royal mail and courier services.

  2. Spreadsheet Report for Tuck Shop

    To make this clear to the user I inserted a comment. To do this you have to right-click the cell and select 'Insert Comment'. You can then type in the comment and click outside the yellow box. A red triangle will appear in the top right hand corner of the cell.

  1. Aims and objectives of Waitrose

    When increasing customer service, Waitrose train staff in different areas, for example, when directing them, dealing with customers, complains, etc. Therefore, it would leave customers satisfied, this may make customers come back to Waitrose. So increasing on customers service will constantly and consistently exceed the customers? expectations for Waitrose, this would make customers come back to Waitrose.

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

    lose their jobs/ or some business may cut jobs to avoid closure which again would lead to people losing their jobs. This can affect Tesco?s from achieving their objective ?To grow the UK core? because of low economic activity business?s such as Tesco?s would have to make setbacks such as

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