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Scott Bader Ltd.

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Introduction

Contents Page 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Title Page 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Contents Page 3 - 6 . . . . Objectives of Scott Bader, How well business meets objectives 6 - 7 . . . . . Does Scott Bader collate information to measure success and how does it achieve this. 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . Scott Bader's Type of Ownership I am doing my coursework on a company called Scott Bader Ltd. The headquarters is based in Northamptonshire, England - "it is a company with a unique position in the polymer industry". Background Information: I found some information about Scott Bader on the Internet this has helped me to understand what the business is about I found this information from its company profile. ...read more.

Middle

The managers have a special responsibility to make the individuals cooperate and also ensure open discussion and reporting at all times. Working for a better society. They must care about those who rely on them and the dignity of all people. Any sort of discrimination, of race, age or religion is not at all tolerated. They proportion their profit so to benefit those less fortunate than them. As a sustainable and caring company they try to set an example to others and support staff in community activities. Self-Governance. Scott Bader encourages personal responsibility and to keep all staff informed and consulted on matters affecting their day-to-day working issues, and to commit to working in the best interests of the company. These principles are a important issue for Scott Bader they are obviously used and abided by at every working day the problems with them are that yes, you can set an example to be less discriminative but you can't change people views and cultures. These principles I think give a huge incentive to their employees to work hard, which is why the company is probably so sustainable, it makes them feel worthy and that their input does matter on all issues and affairs. Therefore I think these principles are a good set of principles to have if followed properly. People will think before acting and therefore the company and the people working for it produce a good yet honest image, to the outside world making it an influencing company. ...read more.

Conclusion

This would be very useful for Scott Bader as they could see their profit margin and they would be able to see how much would go into charities and how much will go back into the company. Return on capital employed ratio, is one of the best measurements of profitability. It compares the profits to the amounts invested in the business by the owners. It is useful because it can be compared to the rate that would be obtained from other investments. Scott Bader could invest into something else or put their money in a savings account. Scott Bader of course has to take into account the amount given to staff and to charities. ... Scott Bader's ownership is called common ownership. It has no external shareholders, which makes business relationships more sustainable because Scott Bader cannot be taken over - it is totally independent, partnerships can be made long term with customers and suppliers. Its shares are held in a charitable trust and so consequently employees are trustees-in-common of the company's assets. This unusual structure provides significant further size to the business and employment relationships and our interaction with the wider community. Employees have a greater role to play in the company than just performing their day-to-day role this provides incentives to work harder and good give them a sense of well doing as they are helping others less fortunate than them world, while they are working. The charitable status brings responsibility to the wider community particularly to those less fortunate. Samantha Bellamy, Business - 1 - ...read more.

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