• 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
  21. 21
    21

Report on 'Boots'.

Extracts from this document...

Introduction

The business I have chosen to do my report on is 'Boots'. The reason I have chosen 'Boots' is because I have direct interest in the businesses and its products. Below is the organisational structure of Boots PLC. Boots are one of the best known retail names in the UK, providing health & beauty products and advice that enhance personal wellbeing. Boots employ around 80,000 people and operate in some 130 countries worldwide. As well as retailing, Boots have international sales and marketing operations and also develop and manufacture their own products. Boots PLC Boots Retail Boots Healthcare Handbag.com Boots the Chemist Wellbeing Services Supply & Support Digital Wellbeing Advantage Card Boots Opticians Supply Chain Wellbeing.Com Store Development Boots Dental Care IT Bootsphoto.com Boots Foot Care Property Business Efficiency Boots Hearing Care Manufacturing Strategic Market Unit Insurance Covers Logistics 'Boots' is a public limited company (PLC) they offer shares to the general public, often through the Stock Exchange. The benefits of forming a limited company are: * Shareholders have limited liability * The sales of shares enable larger sums of money to be raised. * Directors may be bought in as experts in certain fields * While the company has this money permanently, the individual owners can recoup their money by selling their shares to others. The advantages of a public limited company are: * In many fields sometimes directors may be brought in as experts. * The more shares that are sold allow more money to be raised. * liability of shareholders are limited * Money can be recovered by individuals selling their shares to others. The disadvantages are: * There are number of legal requirements to fulfil in setting up a company. * Regulations mean that a company is more expensive to set up than a sole trader or partnership. * The accounting of a company is less private than for other forms of organisation. ...read more.

Middle

* The franchisor's problems are also your problems - for example, you could have a serious issue if there was a conflict between the franchisor and a major supplier. Charities Charities are often run by full-time professionals and supported by a network of volunteers, which maybe all over the world, an example of a worldwide charity is UNICEF. There are more than 6,000 registered charities and voluntary organisations in the UK alone; another example of a UK charity is the NSPCC, which helps protect children in the UK against cruelty. Such are organisations are financed by collections, flag days, donations, bequests and trading activities. Some organisations like the RSPCA even sell goods in stores such as Tesco to raise additional funds. Company sponsorship is also important, providing support such as free-rent accommodation, a minibus or the loan of a manager. The National Lottery also makes awards to charities to help boost them. In addition to charities, charitable trusts operate in both the private and public health and education sectors. These organisations operate as businesses but benefit from some tax advantages Mutual Organisations Some building societies and mutual life assurance businesses are non-profit making. Examples include the Portman Building Society and Standard Life Assurance Society. These types of businesses have no shareholders and no owners. They operate wholly in the interest of their customers (their members). Any surpluses they make are ploughed back into their business or paid to the organisations members (E2) Boots mission statement and objectives "The Boots Company intends to become the leader in wellbeing products and services in the UK and overseas. This will be achieved through a major programme of change to a more integrated and focused company supported by the power and values of the Boots brand. Our commitment to managing for value remains unchanged - to maximise the values of the company for shareholders and generate superior long term returns. ...read more.

Conclusion

Internal communication is information that is moved from one place to another within an organisation. The internal communication in Boots is aimed to: motivate, encourage teamwork, command, organise people, influence attitudes and encourage performance. The methods that are used to do this are: telephones, interviews, discussions, staff meetings, lectures, team briefing, face-to-face talk and tonnoys. External communication is communicating with outside people such as suppliers of goods, shareholder, customers and so on. The methods, which are used to do this, are: telephones, fax, e-mail, face-to-face talk and computers... Internal Communication: The way that internal communication contributes to Boots is that it needs to transfer information for e.g. a person needs to be supervised on the tills so it uses a tannoy to call a supervisor. Another example is a worker needs to improve his/her performance so the manager has a discussion and gives him/her a little lecture. These two examples show what information needs to be transferred and what methods are used to do this. External Communication: Boots PLC also uses External Communication within the business and outside the business. They also use E-mail as a form of communication within the company and they feel they could sue it to communicate with different departments. They could also use Fax which would make it more formal but it would have to be word-processed. Boots frequently send Fax's to other branches. ICT has a vital importance in communications in this day and age. By using the Internet, faxes and letters, Boots management very rarely have face-to-face conversations with Head-Management because it is more sufficient and time consuming. ICT is very effective in communicating and is also very important in an organisation. Boots PLC would find it very hard to communicate face to face with each employee; the use of ICT has given businesses more assistance. Customer Services have improved because of ICT, ICT has increased customer satisfaction. Mohsin Sharif Mr Adeyogun 12FC AVCE Business Studies Mohsin Page 1 09/05/2007 ...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

    ASDA's Ownership

    4 star(s)

    Shareholders only invest money into a company they think will do well. If the company doesn't do well, the shareholders will back away from the company. They also expect a dividend twice a year. A dividend is money returned for investing money.

  2. Btec National Business Level 3 Year 1 - Exploring Business Activity

    Because the government represent the community it is more concerned with making sure that there is a return to society. For example, health and social services provide home nursing to elderly and sick at below cost price, Oxfam operates health services during disaster periods by providing nurses or doctors and to help people with any types of illness.

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

    They already have 4 sites and hope to increase this to 8 sites by 2012. They tender for new contracts regularly and hope to prove themselves as an efficient and effective way of running catering establishments. B) How they are decided.

  2. Spreadsheet Report for Tuck Shop

    I used the formula =SUM(B5*'Product Information (week 1)'!B5) to work this out. This times' the 'Price bought each' with 'Quantity bought'. (On the 'Product Information' sheet 1). Once this formula was finished I copied it down to the other cells in the column.

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

    In a limited company corporation tax is paid on the net profit. Task 2 Industrial sectors. A) The three main sectors in the United Kingdom are 1) Primary sector 2) Secondary sector 3) Tertiary sector Primary sectors: The primary sector deals with producing or extracting raw materials.

  2. External influences on business. At ASDA we have to follow the following employment legislations ...

    Inflation is a general rise in prices, or fall in the value of money. It means that year after year, �100 buys gradually less and less. When inflation rates are high then the costs for ASDA products will increase and this will eventually have to be transferred to the consumer,

  1. Introduction to J Sainsbury plc

    It also deals with sales promotion and advertising; in addition, it prepares sales budgets and forecasts. The functions of the marketing department can be summarised in the following diagram shown below: = Profitability (Source: Needham, D. & Dransfield, R. Advanced Business.

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

    defect from Fresh & Easy to Wal-Mart, so therefore not only would they lose customers and be unable to grow their retail services in the UK market but this could possibly happen in Tesco?s US market. Sainsbury?s also competes with Tesco in a similar way too, although their main focus

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