The Theory of Scientific Management.
Task 1A Theorist: Taylor Theory name: The Theory of Scientific Management Taylor put forward that workers are motivated mainly by pay. Workers do not naturally enjoy their work which means they have to have close supervision and control. In order to do this, managers should break down production into a small series of tasks. Workers then should be given appropriate training and tools so that they are able to work efficiently as possible when appointed a task. Workers are then paid according to how much they produce (time-piece rate pay). As a result this increases productivity. I have gathered this information from: http://www.tutor2u.net/business/gcse/people_motivation_theories.htm Financial interests would include: * Opportunities to achieve bonuses eg. Employee of the month * Rewards after a certain duration such as an extra 5% on top of what has been earned Non-financial interests would include: * Holidays abroad that have already been paid for * Company discounts What business would it help? This strategy could be used for businesses such as Jessops (an electrical store). If the worker plays a role of a sales executive, manager or assistant, they could be paid according to how much they sell. This would encourage them to work harder as they would be getting paid according to how much they are selling. This is called piece rate pay and they still receive a
Business Studies Company Recruiting
Introduction to Cluttons Cluttons are an international private limited liability partnership. They are one of the leading firms of chartered surveyors and property consultants. William Clutton originally founded them in 1765 and their first expansion into the Middle East occurred in 1976. They currently employ over 600 people, operating from offices in the UK and Middle East, with associated businesses in Europe and South Africa. Core values and objectives Cluttons is an independent business offering a wide range of property services from a broad spread of international locations. Clutton's main objective is to maximise profits by working together effectively to deliver good services to their clients. Cluttons' core values are: * Performance, everyone in Cluttons is expected to give their best, with commitment to our business targets, values and expected behaviours. * Clients, Cluttons' service levels to clients must always be of such high quality and delivered with a high amount of insight. * People, delivering a collective effort. * Risk and reputation, Cluttons protect and promote the Cluttons brand in all that they do. Using these core values, Cluttons set themselves objectives, which then lead on to achieving the long-term aim of Cluttons. The current objectives for Cluttons are: * To give the best property advice they can to their clients. * To deliver
PEST is a planning tool which is used by a business to evaluate and analyse the impact that political, economic, social, and technological factors might have on a business. PEST analysis of Ginsters Foods.
Pest Analysis for Ginsters A PEST analysis is an important part of a business's planning process. PEST is a planning tool which is used by a business to evaluate and analyse the impact that political, economic, social, and technological factors might have on a business. These are factors that affect a business. It is very important for a business to consider its environment before beginning a project. Businesses should continually consider the recent environmental aspects that affect their business PEST is an acronym for the following factors: * Political factors * Economic factors * Social factors * Technological factors Political factors that can affect a business include areas such Ecological/ environmental issues, Current legislation home market, Future legislation, European/International legislation, Regulatory bodies and processes, Government policies, Government term and change, Trading policies, Funding, grants and initiatives, Home market lobbying/ pressure groups, International pressure groups, Wars and conflict Economic factors that can affect a business include Home economic situation, Home economy trends, Overseas economies and trends, General taxation issues, Taxation specific to product/ Services, Seasonality/weather issues, Market and trade cycles, specific industry factors, Market routes and distribution trends, Customers/end-user drivers, Interest
Unit 9: Marketing Strategy
A2 Unit 9 - Marketing Strategy Introduction During this investigation I will be discussing ways to market a business of my choice and make an overall judgement as to which marketing strategies would work well for my business. The business I have chosen to focus on is called Fabulous Frostings which is a small family run bakery which will be situated in the quiet seaside resort of Sutton-on-Sea. My Business Fabulous Frostings will be a family run bakery with all produce sold being baked on site. Products will range from a selection of pastries and cakes sold individually to scones and bread buns being sold in packs of six. By selling day to day necessitates such as bread, the bakery will be more practical than just a luxury one off of a cupcake every now and then. Fabulous Frostings will also be able to make larger cakes to order for special occasions such as Birthdays, Christenings and Weddings. The business will be run by myself and my sister whom both have a keen interest in baking and icing. My retired mother will also be a volunteer, helping us to learn more about baking in large quantities as she has a long history of working in large bakeries and delicatessens. My sister and I will own an equal share in the business with profits and investments being shared 50/50. The image of our business will be very important with my mother helping us to produce cakes to a high
Business plan. The business that I am going to produce is a personalised logo company specified in dance schools, in need of customised dance wear.
Unit 2, Theme A. Investigating Business. Unit 2, theme A. Investigating Business. Introduction- The business that I am going to produce is a personalised logo company specified in dance schools, in need of customised dance wear. My company name is 'PDW' (Personalised Dance Wear). In order to satisfy my customers I will undertake each and every order from a customer and specifically create it to match their wishes of a design. If a customer is not satisfied with their product, I will acknowledge this issue and solve it until they are entirely happy. The type of business that my business Is categorised in is a sole trader. A sole trader is a business which is owned by only one person, in which the owner is personally responsible for every aspect of the business, they have the freedom to make any decision they would like, for example you can decide on your own objectives e.g. making a large profit, achieving a target market share, expanding into other localities and products, although all profit gained from the company is kept by the owner, after tax is paid. Potentially if my company has future success and expands it could become a private limited company (LTD) even so in the companies further life it may become successful enough to fall in the category of a public limited company (PLC). My idea of setting up a Personalised Dance Wear Company, came from the years of
I am going to carry out an investigation into S Parton Construction Ltd. I will investigate its Method of Production, I will also make a proposal which gives details on how the business can be improved.
Introduction I am going to carry out an investigation into S Parton Construction Ltd. I will investigate its Method of Production, I will also make a proposal which gives details on how the business can be improved. S Parton Construction Ltd is a small business which started in the year 2000 located in Wolverhampton. The average turnover of the business is £750,000 per annum. It is owned by Steven Parton and for this portfolio I arranged to have a meeting with him to find out more about the business. S Parton Construction Limited is a building company which contracts other businesses to make products. S Parton Construction Ltd is not a large company. It is a small business which buys materials in small amounts. This is why they do not benefit from economies of scale. In an interview with Mr Parton he stated that he may need to pay more money for a small amount of materials however, he tries to have a good relationship with his suppliers so that if a specialist item is required he does not have to pay large amounts of money. The kind of services and products S Parton offers includes: * School extensions * Domestic extensions * Grant aided work for disabled people * Alterations * Refurbishments I will investigate the factors which affect S Parton Construction Ltd including: * How the business manages its resources * How it plans its production * Its method of
Disneyland and M&S. I am going to investigate customer service in two separate businesses, these are Disneyland Paris and Marks & Spencer.
In this unit I am going to investigate customer service in two separate businesses, these are Disneyland Paris and Marks & Spencer. Introduction to Disneyland Paris History of the Park Carrying the success of the Disneyland theme park in Anaheim, plans to build a European version were set underway in 1975, nine years after Walt Disney himself died. In the running for possible locations for this new park were the UK, France, Spain and Italy; however the UK and Italy were quickly ruled out as potential candidates due to the lack of flat land to expand the park on. The country which seemed the most fitting for this planned new park was Alicante in Spain, which has a similar climate to Florida for the majority of the year, unfortunately the area was prone to high winds. This then only left France who eventually won and the area of Marne-la-Vallée was investigated, due to its closeness to Paris and its position with Western Europe, something which was seen to be crucial to the parks future success in order to attract adequate numbers of visitors. This proposed location for the park was within a 4 hour drive to approximately 68 million people and a 2 hour flight for around another 300 million or so. Michael Eisner signed the first agreement letter with the French government in 1985, then financial contracts drawn by the following spring. Robert Fitzpatrick, a key organiser of
The main purpose of this research is to know and analyze whether the Olympic 2012 will benefit the image of London as the major tourist destination.
Title Benefits of 2012 Olympics to the London and Tourism Industry in London Abstract The main purpose of this research is to know and analyze whether the Olympic 2012 will benefit the image of London as the major tourist destination. By taking the nations that hosted the Olympics previously and the present marketing standard of London tourism as examples I want to fulfil my research work. This study will provide detailed information on the Olympic Games and the present marketing strategies of this games which are taking place in London. By making use of this study I wish to support London Olympics Committee that how far London hosts these Olympic Games efficiently and benefit the London tourism. Table of Contents Chapter 1 Introduction to the research.......................................................................................... .1 Aim .2 Objectives .3 Purpose Statement .4 Ethical Issues .5 Introduction .6 Structure .7 Background of the Project Chapter 2 Literature review................................................................................................................... 2.1 Importance of Games for UK Tourism 2.1 Branding 2.2 Image 2.3 Marketing Strategies 2.3.1 Useful information about the Games for visitors to the UK 2.3.2 Information about services 2.3.3 Games specific services for guests 2.3.4 Business as Usual 2.3.5
Financial Feasibility of Opening A Business
Hireable Sports Bar and Restaurant Primary Objective - I intend to research and investigate the financial feasibility of setting up a themed sports bar for sporting events and daytime restaurant in Ballymena. The main point of this study is to see whether it is actually possible for this business to be opened and run successfully. By outlining this objective it can give readers of this project, as well as myself, an idea as to what form this study will take. Secondary Objectives * To conduct secondary research in to the levels of competition for such an idea. This will involve secondary research in to the market share, size and the current market trends. * To conduct secondary research to help me find out what practicalities lay ahead when opening up this new business. Such as the specific laws and licenses that are applicable to such an establishment. * To conduct further primary research into the demand for a venue where people can watch sporting events, either for private functions or for public viewing. * To investigate the levels of cash flow that my business will generate to see if the idea is financially possible. * To find the target area of Ballymena to create this business, the area where there will be more demand and inevitably more scope for utilising the available market. * To find out exactly where I should locate my business in order to maximise my
How Evans Enterprise party and wedding planners could use IT to help manage their business.
Table of contents .0 - Current status of the Company 3 .1 - Background to the company 3 .2 - Company Management 5 .3 - Resources 5 .4 - Current orginisation structure 6 .5 - The future of 'Evans Enterprises' 7 2. 0 - How information is communicated 8 2. 1 - Communication 8 2. 2 - The importance of communication 8 2. 3 - Categories of communication 8 2. 4 - Methods of communication 9 2. 5 - Impact of ICT on communications 12 2. 6 - Legislation 12 3. 0 - Information currently circulating in the company 14 3.1 - Supplier Invoice 14 3.2 - Daily time sheet 15 3.3 - Delivery Docket 17 3.4 - Application form 18 4. 0 - Problems within Evan's Enterprises 19 4.1.1 - Communication 19 4.1.2 - Staff Training 19 4.1.3 - No facility for Online Bookings 20 4.1.4 - Business and staff rely on Paper Based Documents 20 4.1.5 - No current Computer System 20 4.1.6 - Limited Computer Knowledge 20 4.1.7 - Management of Delegate List 21 4.1.8 - Staff not Completing Documents 21 4.1.9 - Staff Procedures 21 4.1.10 - Lack of Organisation 21 4.1.11 - Moving onto new businesses 22 4.1.12 - Using in-effective computer programs 22 4.1.13 - No proper list of appropriate suppliers. 22 5.0 - How ICT resources can be used to assist the circulation of information in EE 22 5.1 - Hardware 23 5.1.1 - Computer 23 5.1.2 - Servers 24 5.1.3 - Printers 25 5.1.4 - A Scanner 27 5.1.4
