- Human resources
- Finance
- Administration
- Production
- Marketing and Sales
- Customer business.
In my business, the functional areas are:
Human Resources
The purpose of the human resources function is concerned with the employee who works for the organisation. The activities of the human resources staff are involved in specific activities. These include:
- The recruitment, retention and dismissal of staff
- The training, development and promotion of staff.
- The monitoring and maintenance of good working condition.
- Health and safety.
The advantages of being a public limited companies are:
- The major benefit is hugely increased resources as many as thousands of people or organisations may buy shares in the company. This makes expansion much easier.
- Very large companies can often operate more cheaply than small companies as they operate on economies of scale. For instance, they can mass-produce goods for sale and buy in bulk to save money.
- If the company is successful, the shares will increase in value, which will increase the overall value of the company.
- A public company can remain a small enterprise. The minimum is two directors and two shareholders.
The disadvantage of being a public limited companies are:
- Any problems a company encounters may become news if the press run a story on it.
- Specific accounts must be prepared each year and these must be inspected.
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Shareholders will expect to receive to receive a dividened in return for their investment.
- The original owner(s) may lose most of their control over the company even if they maintain a significant numder of shares.
On March 26 2001 the Post Office Group became Cosignia plc, a newly formed company wholly owned by the UK Government, our sole shareholder. The support for change was the Postal Services Act 2000 that created a commercially focused company with a more considered relationship with the Government. The Act grants Consignia much greater freedom to invest and borrow. It also replaced the old ‘external financing limit’ management with clearly clear profit and divined profit and dividned targets allowing us to plan for the future. The Postal Services Act also established a new regulatory administration with an independent dictatorial, postcomm, and a reformed consumer body, Postwatch. Cosignia plc and its predeccessors The Post Office Corporation and the General Post Office together have a record of over 360 years of providing the public with postal and post office services.
Consignia is a public limited company wholly owned by the Government, with annual sales in excess of £8 billion and more than 22,000 employees.
Cosginia owns the trusted brands of Royal Mail, Post Office, and Parcleforce Worldwide, which provide distribution services in the UK and internationally.
Cosignia plays a very important social role. We deliver to every UK adress at a uniform price and make essential services available through Post Office branches.
Cosignia and its brands, Post Office and Parcleforce Worldwide, provide products and services to help business obtain, retain and develop their customers.
Aims and Objectives: its major task is to ensure that prospective customers receive catalouges and that orders are fulfied accurately and promptly. Cosignia are building a built-in, global distribution company to meet the needs of business in the UK and around the world. That means responding quickly and effectively to new ways of working, new technologies and new trade demands. . Our goal is to reduce your costs and improve our performance.
Consignia design supplies chain solutions for companies that need know-how and proven resources at any or all stages in the supply chain.
Activities: Through our trusted brands, Consignia reaches everybody every working day through mail, parcels and express services and Post Office branches. Today, our marketplace is shifting rapidly and we are providing hundreds of services to met new demands-from electronic billing to banking, from Warehousing to customer returns. We use our experience and imagination to create original solutions that balance your existing assets, capabilities and business partners. Customer management, facilities management, Warehousing, web or Intranet based secure tracking and modern distribution solutions are our key strengths. Examples of custom-made services include:
- Adapt made distribution networks
- An included branch network logistics solution
- Mail logistics
- Distribution of parts to field engineers.
Warehousing and distribution.
In Swedon, ther is a tehnological-smart warehhouse covering 100,000 square metres.To meet demand, we now operate a three shift, 21 hour a day operation, six days a week, with 24 hour a day processing. This £18 million investment puts us at the front position of warehosing technology in the UK.
Invectory management and order processing.
Consignia uses a sosphisticated demand planning system to examine historical demand and predictions to maintain stock levels. Our Galaxy order processing system handles 10,00 orders a day. Over 2 million items are picked, packed and dispatched daily.
Branch Direct
Branch direct has been developed to meet the needs of businesses such as as banks and retailers which need to move material between branches quickly and securely. Branch Direct offers an out-of-hours, next day, time important,collection and delivery solution.Consignia currently serves over 2,400 locations around the UK
Deliver and Build.
Deliver and Build service operates from 17 depots nationwide providing distridution of products which need point of delievery construction.
Call and Collect.
Call and Collect has been developed to support field-based personnel requiring collection of time critical items. Collections are available from 1,600 secure centres nationwide-all of which are an average 10 minutes drive from the field engineer’s own postcode address.
Reverse Logistics
Return logistisc are as well prepared as our outward services. If it is going out to customers we know where, when, how and how much. Now you can rely on the same professionalism of speed and accuracy for the reverse process. We can support your own returns handling, or we can combine the returns process with our-state-of-the-art warehousing, distribution and delievery systems.
Location: Many companies prefer to locate in the Soth-east of England because this is the largest consumer market in the country, as well as being near to the South coast ports to the Continent. Apart from needing a good delivery service, it can locate almost anywhere. The postoffices are located where they are because
Introduction: this second business is know as Choice Fm station which is a Private limited company.(Ltd).
A Private limited company is a limited company in the private sector. Shares are not sold on the Stock Exchange, and shareholders are often made up of family and friends. The company is run by a board of directors who are elected by the shareholders. No minimum (capital) investment is required to set up a private limited company. The minimum number of owners required to set up a private limited company is two. This business belongs to the Tertiary sector. This business have steadily increased in size.
Exampes of private limited companies are:
- Littlewoods Ltd.
- River Islands Ltd.
- Building firms..
The advantages of being a private limited companies are:
- The business can still remain small. Many private companies are family firms where family members are the only shareholders.
- Under European law, one person can set up a private company on his or her own.
- All the shareholders have the protection of limited liability and can lose only the amount they have invested no matter how much money is owned.
- The accounts are still private between the owners, their accountants and the Inland Revenue.
- Banks are more willing to lend money to limited companies, both for start-up capital and
for expansion.
The disadvantages of being a private limited companyare:
- Limited companies have to comply with more regulations than sole traders or partnerships.
- The owners must decide on the structure of the company and other details before formation can be agreed and the documents completed. Ther are also costs involved, usually about £200.
- The owners must not choose a name which is the same as an existing company if this would cause confusion to suppliers or customers.
As Europe’s first and only urban radio network; Choice Fm have been successfully broadcasting to London since March 1990 on 96.9 Fm. Choice Fm has been established in south London for 10 years. With the launch of our new frequency Choice 107.1 Fm we have a combined population coverage area of 6 million adults.
Location: we are based in Borough High Street, just 1 mile from England and Europe’s finical centre, The City of London.
Aim and Objectives: we have 4 high-tech studios with all the latest equipments to certify that our format is delivered in the best quality available. We also focus on the music and the unique lifestyle and culture surrounding the urban field. Choice Fm also strives to give the listeners a true and honest account of the news items they broadcast..with the concern of prioritising Arican/Carribbean stories of topical issues.
Activities: Choice Fm embraces all types of urban contemporary music from Blazing’ Hot RnB latest releases, to classical Grooves. Our musical output includes Hip Hop, Reggae, Gospel, Soca, House and Garage and African Beats all reflecting the mixture of contemporary urban London. The unique award-winning programming reflects the mixture of the community to playing the best music within the urban type and is also known as the ‘new music’ leader by both listeners and other radio station.
We also provide national and international news that is communicated every hour at peak times Monday to Friday and is followed by local news collected by the Choice Fm news team. For charitable events and non-profit making organisations, we provide a daily community billboard service broadcast once every programme.
News department: The News Department is headed byNews Editor Pam Joseph, who is joined by Beressford Mack and Andre Morgan.
Bulletins are broadcast eight times a day, from 7am until 6pm, fives days a week.
News item range from UK black-related stories, as well as from Africa, the Caribbean and the African-America also, London-wide issues, which can affect the black community, including education, health, transport, and the environment.
Choice Fm News leads the way in breaking home and international stories, such as the legal battle between the Lawrence family and the Metropolitan Police, and the successful donor-match for long-suffering Leukaemia sufferer Daniel Degale
International stories includes the volcanic eruption in the Caribbean island of Montserrat, the sudden death of Reggae legend Dennis Emanuel Brown and the violent clashes between Muslims and Christians over the introduction of Sharia law.
The News Department plays a major role in raising the profile and highliting particular campaigns within the black community- The Sickle Cell Society, the African/ Caribbean Leukaemia Trust, the Michelle Smith Campaign and the Brixton Bomb Appeal.