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Report: Type of ownership of J-Sainsbury

Extracts from this document...

Introduction

Report: Type of ownership To: Alf Filer From: Jaymit Patel Date: 24/11/03 1a. Background information of J-Sainsbury's J-Sainsbury's is one of the United Kingdom's largest supermarket chains, operating more then 400 stores and employing over 142,000 people. Sainsbury's have developed an excellent reputation over the years and has worked to provide their loyal shoppers with the widest selection of food and services possible. However, in recent years the grocery chain has seen an increase in competition as the market has consolidated and large multi-national grocery chains have moved into the UK market. J-Sainsbury's is a Plc. Plc stands for public limited company. As J-Sainsbury's is a public limited company, their shares are traded on the stock exchange. Any person who may be interested in the business can buy these shares. It is easy to obtain information of J-Sainsbury's because, the business is a plc and they have to publish accounts every year, which can be gathered from the company's house. People who have J-Sainsbury's shares are known as the owner. But the shareholders do not run the business. Board of directors are appointed to run the business. The shareholders have unlimited control of the business, as they are the owners. The liability of J-Sainsbury's is limited. This means that the owners (shareholders) of the business are only responsible of the losses of the business, but only of the amount they have invested. To start a PLC, the business must have more than �50,000 capital before it can "Go Public" and must have a satisfactory financial track record. Also it is important to have enough people interested in buying shares for it to have a successful flotation. 1b. J-Sainsbury's share prices People who have J-Sainsbury's shares are known as the owner. But the shareholders do not run the business. Board of directors are appointed to run the business. The shareholders have unlimited control of the business, as they are the owners. ...read more.

Middle

11a. General information on organisational structures Every business has some form of structure, whether this has been carefully planned or just evolved over a number of years. The structure of an organisational chart shows, the number of people within the organisation, the relationship with the organisation, the lines of communication and who has authority over whom and who is accountable to who. 11b. Centralised structure In a centralised organisation structure lines of communication are long and decisions are taken by the top. 11c. Decentralised structure In an decentralised organisation the power and the authority to make decisions are devolved to autonomous units, which are responsible for there own performance are responsible for their own performance. 11d. Hierarchical structure In a hierarchical structure decisions are made at the top and passed downwards. This information required to make those decisions is passed upwards from the bottom of the structure to the top. There are many differences of how an organisation operates when having a hierarchical structure. Some are, the organisation is likely to be more formal. E.g. with dress code, more traditional ways of working and greater differences to senior staff, there are likely to be written policies about hours of work, holidays, punctuality, health and safety etc. Flexibility, for example you can't just take a day off work, without following correct procedures. Staff at the bottom may feel the manager at the top has no idea what they think or do. Each functional area has many staff, each of whom have a specialise in their own job. This is an example of what a hierarchical structure look likes: 11e. Advantages of an hierarchical structure In a hierarchical structure there is close control and supervision of work due to small span of control and also promotion routes of employees are clearly defined. 11f. Disadvantages of an hierarchical structure In a hierarchical structure there tends to be static and unable to respond to change very quickly. ...read more.

Conclusion

This is also good as it is a written document so it can use as proof. Video conferencing - this is like having a face-to-face communication but through video. This is also good use as the video conferencing can be recorded for proof. Examples of software are: E-mail - this is also a good way to communicate in minutes and again is a written document for proof. Power point - good use for presentations that are done in different departments. It is important that J-Sainsbury colleagues feel that they are part of the company and involved in its business. Daily Intranet messages and monthly staff and management magazines complement monthly business television broadcasts Business update is issued each week via the Sainsbury's Intranet site and gives news both of the company and also of the general business climate Business TV is broadcast monthly covering new marketing campaigns, advice on quality improvement initiatives and interviews with directors on company results. 18c. EPOS Electronic Point Of Sales shows the price and description of the product. It also shows what products are on offer and monitor the amount of stock going out. They can use this information in their market research to see what products most customers buy most. All computers are designed for the J-Sainsbury's structure. They have certain types of software packages installed especially for J-Sainsbury's use. Scanners and barcodes are very useful for J-Sainsbury's because this way customers know that the price charged is accurate, reduce queue at checkouts. This is also like communicating with customer. Not directly talking to the customer but it is a way of communication. This has made the biggest impact not only nationally but also worldwide. 18d. Scanners and barcodes Scanners and barcodes are very useful for J-Sainsbury's because this way customers know that the price charged is accurate, reduce queue at checkouts. This is also meeting customer needs, as the company will be accurate in pricing therefore making it quick and convenient for customers. This has made the biggest impact not only nationally but also worldwide. Jaymit Patel ...read more.

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