Cadburys Aims and Objectives
Welcome to Cadburys, we are a very successful business. We currently have 59,000 employees working at Cadburys. This is a small introduction into our business, the new aims and objectives we have and would like to include you with us in helping the business grow and meet its aims and their objectives. This two-page document explains our aims and objectives and how we intend to meet them. Cadburys Aims and Objectives Aims Objectives Deliver superior shareowner performance -This aim was made to help Cadburys to deliver superior return to their shareowners. This will be done by increase in business performance. Cadburys measure shareowner returns by looking at the total return on their shares, or TSR (share price growth plus the value of reinvested dividends). Delivering superior business performance. In 2008 and 2009 we are hoping to increase our sales by another 5%. Execute Fuel for Growth and focus on Free Cash Flow - Our Cash Flow for the year was £200m, down from £400m we aim to raise it to 400m again. Profitably secure and grow regional beverages share. -This aim was made for Cadburys to increase the product that they supply all over the globe so that they can increase market share. Invest, innovate and execute - In the UK, there have been a increase of the rate of innovation and our marketing spend in the second half of the year with the creation of new
Business information and communication at Tescos.
Section A: different types of business information, their purposes and sources. In this section of the handbook I should address the following tasks: Task 1 - Outline the different types of business information used by the organisation (p1) Task 2 - Describe the purposes of the information you have outlined in task 1 (p1) Task 3 - Describe the sources of the information you have described in task 1 (p1) Types of information Example Description Purpose Source Verbal/oral Face to face and telephone Team meeting Planning on how to improve in the company and activities to be done Human resource department Written Letter Report Writing to plan an appointment to discuss issues about the company Informing future developments on how to improve the company financially Finance department Screen-based TV Computer Advertisement Communication sales promotion Marketing Web-based Internet Website Informing future development and communication sales promotion Finance and marketing department. Multimedia Web pages Magazine Bill boards Fliers Posters Financial accounts, Monthly magazines Inviting support for activities. Updating information Strategic development Finance department Government Electronic methods of communicating business information In this section of the handbook I should describe the electronic methods of communication which is
Diversification case study. Reasons why GSK diversify
Diversification Introduction Diversification is the process of entering new business markets with new products. Companies diversify either by acquiring already existing businesses or by expanding their own businesses into new markets and new areas of production or service. Firms may choose to diversify for two reasons. Diversification may benefit the firm's owners by increasing the efficiency of the firm. Also, diversification decisions may reflect the preference of the firms' managers. Reasons why GSK diversify GSK is a pharmaceutical giant, with an estimated seven per cent of the world's pharmaceutical market. One of their key strategies is to diversify their business to create a more balanced product portfolio and move away from a reliance on traditional white pill/ western markets Economies of scale and scope Having a wide variety of products will enable GSK to capture a larger market share, and hence more profits. GSK diversify into over-the-counter (OTC) medicines, oral healthcare and nutritional healthcare. Worldwide it is the second largest in OTC medicines and the third largest in Oral healthcare. In Nutritional healthcare it holds the leading position in the UK, India and Ireland. OTC medicines include Panadol, Eno. Oral healthcare products include Aquafresh and Sensodyne. Nutritional healthcare products include Horlicks, Ribena and Lucozade. Economies of
Analysis of a party and wedding business.
Evans enterprises .0 Current status of the Company .1 Background to the company 'Evans enterprises' was founded in 2005 when Elizabeth Evans decided she would like to do some part time work. She decided to start up her own business and become self-employed organising and hosting children's parties, as she had extensive personal and professional experience at being highly organised and capable she was confident she could make this work. Elizabeth began renting the local church hall to host the parties in, and after a few parties for her own children the word of her business soon got around. She took care of all the catering herself and provided a wide range of entertainment suited to the customer's requirements. Such as bouncy castles and sports equipment along with clowns and magicians that she employed herself. Once the business got more and more popular, she ran into several big problems with using the church hall to host the parties inside. In 2006 Elizabeth and her husband Stephan decided to rent suitable permanent premises and employ members of staff. She employed one permanent member of staff and two part-time. Along with a cleaner who came in for two hours daily except on Sundays. Along with the new premises came new equipment and dedicated Telephone and fax numbers. This was essential since the business was becoming more and more popular. Elizabeth worked
Business Culture & Strategy Analysis Of JD Wetherspoon
Business Culture & Strategy Analysis Of JD Wetherspoon Reported by: CHEN LING Assessor: CHEN JING Date: 7th December,2009 Content Page . Introduction.....................................................................3 2. Discussion........................................................................4 2.1 Section 1...........................................................................4 2.1.1 SPELT Analysis 2.1.2 SWOT Analysis 2.1.3 Guide lines 2.2 Section 2...........................................................................7 2.2.1 Shared Values& Taken for Granted Assumption 2.2.2 JD' Culture 2.2.3 Organisation Culture& Behaviour 2.2.4 Culture Comparison 2.3 Section 3...........................................................................9 2.3.1 Strategy theory 2.3.2 Strategy during 1980s and 1990s 2.3.3 Strategy in 21st century 2.3.4 Consider factors before changing strategy 2.3.5 "Business strategy" and "strategic choice" 2.3.6 Considered issues 2.4 Section 4...........................................................................14 2.4.1 Forces for changes 2.4.2 Business ethics leads to changes 2.4.3 Roles played in dealing with changes 2.4.4 Advices 3. Conclusion ......................................................................17 4. Recommendation ..............................................................17 5.
Aims and objectives of Asda.
[P3] Aims and Objectives All businesses have aims that they want to achieve, and objectives that help them plan what they have to do to achieve those aims. AIMS are the overall goals and purposes that the business was set up to fulfil. In other words, aims are the general statements of what the business wants to achieve or where it wants to go in future. OBJECTIVES are specific targets that must be achieved if the business is to fulfil its aims. The objectives of a business are closely related to its aims and should fulfil two essential criteria. Objectives are set so that they can be achieved over a period of time. ASDA group PLC aims to provide goods and services that are cheap and affordable to the public. Reducing packaging is one of ASDA's key objectives and they are considering every option to achieve this goal. It intends to increase the amount of fresh products sold loose from boxes and reduce its range of own label pre-packed products sold in its stores across the country. Recently ASDA has announced that it intends to reduce the amount of own label packaging by 25 per cent over the next twelve months. The main aims of ASDA are listed below: * Reducing the cost objectives of their items/products * To offer quality products at low price * Recycling their waste * Packaging their products well * Supporting Voluntary Services and Assisting charities in UK
Ownership, stakeholders and organisation in Tescos and Oxfam.
Criterion 1 (P1) . What does a plc mean? A plc is legally abbreviated public limited company and it is a type of limited liability Company in the United Kingdom and the republic of Ireland which is permitted to offer its shares to the public. 2. What are the characteristics of a plc? * It can sell shares to the general public * It can raise more capital because it's aim is profit making * It has limited liability and a continuous existence * It is a chain of international supermarkets. What are the advantages to Tesco of being a plc? * Tesco can find it easier to borrow from banks * Tesco can advertise its products on newspapers, magazines, television, radio, internet unlike private limited companies What are the disadvantages to Tesco of being a plc? * Going public for tesco could sometimes be expensive * It could grow so large that it might become difficult to manage effectively * Cases of theft and shoplifting would be more rampant * Risk of takeover by rival companies. What are the activities of Tesco? Tesco has a well established and consistent strategy for growth, which has allowed them to strengthen their core UK business and drive expansion into new markets. The rationale for the strategy is to broaden the scope of the business to enable it to deliver strong sustainable long-term growth by following the customer into large expanding markets at home
Wynn resorts. The casino business in Las Vegas and Macau
Wynn Resorts, Ltd. Case study 1 Palm Beach State College History Wynn Resorts was formed by Steven Wynn, who was a former CEO of Mirage Resorts. He has been in the industry for a long time, and he is very knowledgeable about casinos and gambling. There are two locations, one is in Las Vegas and second is in Macau. The company first opened in April 2005, and it took its place as a full scaled resort. The property was located on the 217 acres of land with casinos, gaming tables, hotel accommodations with rooms and suites. Wynn is the only casino in the area that has a gold course in the area. it also has plenty of restaurants, bars, night clubs, and night time entertainment, and of course high end retail stores and expensive car dealerships. The company is currently competing with the largest casinos in Las Vegas, but they still seem to be up top (Hill & Jones, 2010). Internal strengths and weaknesses Strengths Steve Wynn Customer service Experienced staff Location Weaknesses Steve Wynn High end customers Slow rate increase External Environment Opportunities Demographics Acceptance of gambling Competitions merging Easier access to gambling license Traveling restrictions Threats Increase of competition Emerging market risks Taxation Strict requirements for travelling Lease expiration Difficulty to enter new markets Porter's five force model
Explain different types of business information, their sources and purposes for Sainsburys.
[Type text] Business communication P1 Assignment P1 In this assignment I will be explaining the different types of business information in my chosen business. The organisation that I have decided to investigate is JS Sainsbury’s, I have chosen to analyse Sainsbury’s because they are a respectable business and one of the most successful supermarket chains in the United Kingdom. I will also be talking about how businesses communicate using this information and the different types of communication. The organisation that I have decided to investigate is JS Sainsbury’s, I have chosen to analyse Sainsbury’s because they are a respectable and successful supermarket chain, who own almost twenty per cent of the market. Businesses communicate by sharing information. Information is data that is accurately and timely. It is specifically organized and is presented within a context that gives it meaning and relevance, and that can lead to an increase in understanding and decrease in uncertainty. Communication is the exchange of thoughts, messages that occur because they are sources of information. It is vital that businesses communicate efficiently, in order to do a variety of things such as buying stock and selling goods these two examples of information sources can both be verbal and non-verbal. Businesses need information to be successful, and that information can come
Skills and Knowledge Needed to Work In A Business Environment
Victor Stephenson-Henshaw Unit CU678 EDI Level 2 Certificate In Principles Of Business And Administration Unit CU678 – Work In A Business Environment Victor Stephenson-Henshaw Assessor – Rob Allen ________________ Understand How To Respect Other People At Work ,1 Describe What Is Meant By Diversity And Why It Should Be Valued Diversity can be differences in race, belief systems, physical appearance, mental capabilities, etc. It is also a variety of something such as opinion, colour, or style. Diversity should be respected and valued because not everyone is completely the same even in the example categories; they are not the same as everyone else. Some people like to eliminate what is dissimilar. Our opinions can lead to environmental problems such as violence and hatred because of diversity being a key ingredient to a good and safe environment. Everyone in the workplace is treated equally. Every individual has a unique something to offer and this can help the company. Diversity should be valued because without diversity, the company or the people at the work environment wouldn’t have knowledge on other cultures this can be helpful to the company as it opens the company or people to experience a different perspective other than the usual culture. Diversity should be valued because in case a unlawful discrimination may cost the company if
