• 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

In this assignment I shall compare two businesses - The two businesses I've decided to compare are Asda and New Driver.

Extracts from this document...

Introduction

Unit 1: Investigating Business A t a l e o f t w o b u s i n e s s e s & Contents Assignment Section A Differences Activity Location Location Factors Ownership Aims & Objectives Improvements Section B Functional Areas FA1 FA2 FA3 How effectively they work Section C Communication Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 How effective they are Section D External Factors The End Page 15 Pages 16, 17 & 18 Page 18 Assignment In this assignment I shall compare two businesses. The two businesses I've decided to compare are Asda and New Driver. They are very different, but are also similar in some ways. Both are in the retail section of the tertiary sector of the economy. They're both located in Bournemouth, Asda is at St. Pauls and New Driver at Moor Road. It's not surprising that these businesses have been chosen because they represent different and contrasting aspects of the growth areas of Bournemouth. Most people in Bournemouth work with the tertiary sector, and a large population requires many retail outlets to provide for them. Page 1 Differences Page 2 Activity Both of these businesses are in the sector of tertiary but they are not both shops. Asda is a shop whereas New Driver offers a Service. ...read more.

Middle

Asda has limited liability, which is having responsibility for debts limited to the amount invested. New Driver has unlimited liability which is being responsible for an unlimited amount of business debt. The ownership matches the size of the business. Page 6 Aims & Objectives Asda expresses its aims and objectives as a mission statement, a purpose statement and a list of values. The mission and purpose are aims that they think are important. Asda said: Our mission is: "To be Britains best value fresh food and clothing superstore" Our purpose is: "Satisfying the weekly shopping needs of ordinary working people and their families who demand value" In order to achieve our mission in our everyday work we have an established set of Asda values. The Asda Values: * We are all colleagues one team * What we sell is better value * Selling is our universal responsibility * Through selling we make our service legendary * We hate waste of any kind * We each need to improve the business everyday in every way Asda make their Aims & objectives very clear, and detailed. However New Driver said, "they would like to become the most popular driving school in Dorset" Page 7 Improvements In order to improve the business, and to help the business gain its aims & objectives I would suggest that: Asda needs to work on staff improvements because they are not very friendly with their staff and some of their employees aren't skilled enough for the job. ...read more.

Conclusion

* LIFESTYLE - How do customers see themselves? * WHERE PEOPLE LIVE - People in different parts of the country behave in different ways. Economic conditions * INTEREST RATES - When it is expensive to borrow money, people will not spend. When it is cheap to borrow money they will use their plastic. * PRICES - Every business requires supplies. If the cost of the supplies goes up the businesses may need to put up its own prices as well. * EXCHANGE RATES - This is how much one currency can be exchanged for another. Page 16 Environmental constraints * AIR POLLUTION * WATER POLLUTIOIN * NOISE POLLUTION * WASTEFULL USE OF RESOURCES (All of these things can affect decisions that a businessman has to make) Changes that may happen All have to change to keep up with the changes in lifestyle. Asda carrys out surveys on various people to know what people want and what to buy and sell. A driving agency doesn't have as many fashions and trends that it needs to follow. Economic * Asda needs to know how much people will spend and what the economic condition is like. * Interest rates * Credit or debit cards Environmental New Driver had some bad impact on business when some newer driving schools started up in the area of Bournemouth. Asda was faced with the Castle Lane redevelopment, they changed and modernised. Page 17 Future Changes * Economic * Shopping habbits/Environment That concludes my project on the differences of Asda & New Driver DamiG Page 18 ...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. Business Aims and Objectives.

    The shareholders often have different aims from the directors. The shareholders want quick results so that the share value increases, whereas the directors may be looking at the long term prospects of the company. Most of the share holders in a PLC are institutional investors who hold large blocks of shares and can easily outvote smaller shareholders.

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

    Tesco is working with some of the country's top chefs and other experts who want to share their passion for good food and drink with customers. Tesco Packaging Design. Tesco has many "Own Brand" products, and in order to promote its own brand correctly Tesco has its own Packaging Design Department.

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

    The advantages of being a sole trader are that: * The owner retains control of the day to day running of the business. * Sole traders do not have to register their business or accounts with any one else. * The owners keep all of the profit for themselves.

  2. I have been asked in this assignment to write a report about Asda and ...

    they also have disabled parking which are right next to the store so it is easily accessible. They also have electric scooters for them enabling them to reach products on the top shelf as well as products which are lower down.

  1. Buisness at work

    At Asda, the staffs are highly focused on fulfilling the customer needs. Staffs are also keen to find out what else they could do to keep customers happy and what additional needs the customers may have that the staff doesn't even know about.

  2. E2: describe and explain the objectives of the business

    In order to register Bridgestone had to complete the Memorandum and Articles of Association. Company Details Name and Registered Office: Bridgestone Corporation 10 - 1 Kyobashi 1 Chuo-ku Tokyo Japan Company No.: FC020122 Country of Origin: Japan Date of Registration: 11/02/1997 Branch Details Branch No.: BR003796 Name, Address: Bridgestone Corporation

  1. Ao1 : aims and objectives

    an objective is precise and measurable and includes what they may need to do in order to achieve it. Tesco believe their main purpose of their business aims is to create value for customers to earn their lifetime loyalty. In order for Tesco's to achieve their aims and objectives they adapted their business.

  2. The two businesses that I have chosen for my investigation are Shell Ltd and ...

    Each particular site is being run successfully then it will allow Shell reputation and value of the company increase. The other chosen business is Prestige Limousines. The type of business ownership is a partnership. This is based in Sparkhill, Birmingham and is run by the family as a family business.

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