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I am going to study three contrasting businesses. I will investigate their aims, objectives, form of ownerships and industrial sector trends. The three different business I have chosen are retail (Sainsbury), Manufactures (Rolls Royce) and Charity (Oxfam). These three businesses are exceptionally dissimilar from each other as they are in different industrial sectors. This means that their aims and objectives and form of owner ship will be very different. Forms of ownerships, information and history Now I will look at my three businesses current form of ownership. Firstly I have chosen J Sainsbury plc, a public limited company and it has a limited liability, which means that the owners (shareholders) are financially are only responsible for the amount that they have invested in the company rather than their personal wealth., Plc's are part of the Private Sector, which is the part of the economy owned by either private individuals or the shareholders. The single most important reason why limited companies convert in to plc is to raise more many by selling share openly on the London stock exchange (people can by share openly) and the business receives all the money from the new shareholders. This allows the company to expand as it has extra finance. The company J Sainsbury is a leading UK and US food retailer with interests in financial services and property. The group comprises Sainsbury's supermarket, convenience stores an internet based home delivery shopping service and Sainsbury's bank in UK and Shaw's supermarkets in US. ...read more.
A successful business normally has a good ability to have a clear idea of what they hope to achieve and how to plan for the future. Aims and objectives give a sense of direction to the employees and shareholders so that they can make an informed decision of whether they should work or invest money in the business. No matter what the business and what you have on offer every employee should aim to give excellent customer service. Now I will explain my three businesses aims and objectives. Sainsbury aims is to deliver an ever improving quality shopping experience for their customers with great product at reasonable prices also to exceed customer expectations for healthy, safe, fresh and tasty food making their lives easier everyday. Sainsbury objectives is very simple, it is to give good customer service: which means serve customers well and provide shareholders with good, sustainable financial returns which means increase of sales. Rolls Royce aims are to be 'trusted to deliver excellence' in everything they do. The objectives are easily achieved when good communications are applied. Good communications also help to solve complicated structures of the company. They want to become a top manufactures, to be the largest provider of the aero engines in the world. Objectives are the goals which. If they achieved that it will enable the business to achieve their longer term aims. If managers and the workforce understand and are committed to their objectives, then the business is much more likely to be successful. ...read more.
Oxfam The advantages of Oxfam; located all around the world, mainly in UK. Oxfam is a benefit to the humankind. They are popular and expanding gradually by time, there must be some bargains and goods that are reused instead of dumped, this is good for the environment. The disadvantages for Oxfam is that they are selling goods for a very high price, With the prices charged at my local Oxfam shops, I think it is highly unlikely that anyone "in need" could afford to go there and buy something. Surely if the prices were lowered, Oxfam would move more stock more quickly and be helping people locally as well as in other farther flung parts of the world. Comparing three contrasting businesses As you know from the above information, I have been researching on three different businesses. The three businesses are Sainsbury, Rolls Royce and Oxfam. Sainsbury and Rolls Royce have similar appearance of ownership. They are both plc, but the different between them is that, Sainsbury is a retailer and is one of the biggest supermarkets. Where as Rolls Royce is a manufacturer. They produce mechanical goods for all kind of Transports and etc. Oxfam ownership is entirely different from the last two, Oxfam is owned by it trustees. Trustees don't work in charities to gain profit but to help people around the world. The difference between plc and charities is that charities trying to satisfy, ...read more.
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