• 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

Describe in detail the structure, function and internal relationships of a company or organisation

Extracts from this document...

Introduction

9.1 (a) Describe in detail the structure, function and internal relationships of a company or organisation There are four main types of company in the UK. They are distinguished by their owners or members' legal liability to any debts that the company bring upon themselves: * Private company limited by shares - The members liability to any debts incurred by the company is limited to the amount unpaid on shares held by them. * Private company limited by guarantee - The members' liability to any debts incurred by the company is limited to the amount they have undertaken to contribute to the company's assets if it is wound up. * Public limited company - The members' liability is limited to the amount unpaid on shares held by them, and which must have an authorised share capital of at least �50,000 at the time of incorporation. * Private unlimited company - There is no limit to the members' liability for the debts that the company incurs. Such companies are organised as either sole traders or partnerships. (Alderfer 1972) In the UK there are approximately half a million companies in existence. However, there are more private limited companies (Ltd) than public limited companies (plc). Private Limited Companies (LTD) These are companies whose shares cannot be sold to the general public. The name of the company always ends with "limited" or "ltd". The majority of Companies are those limited by shares, with members or shareholders who hold one or more shares issued to them by the company in return for payment. Although most shares are fully paid and the shareholder has no liability for the company's debts, a shareholder's liability to the company's creditors is normally limited to the amount of any shares that have been issued to them and which they have not fully paid for. (Eyre 1993) Examples of private limited companies, * Joe Rigatonie's (Restaurant) ...read more.

Middle

The players generally require continual pressure and direction from the leader in order to get things done. The autocratic approach is not a good way to get the best performance from a team. This may be because the players may feel like amateurs, and the team cohesion will drop and this type of leadership often leads in players leaving the team or getting together to form a mutiny. The autocratic style if often good to use when coaching either young children or beginners, because they do not know about warm ups, drills, tactics and positions, so an autocratic coach would be needed. The Laissez-Faire leadership style The Laissez-Faire leadership style has little control over the team. The team can often be left to sort out their roles and tackle their work, without participating in this process himself. In general, this approach leaves the team floundering with little direction or motivation. There are situations where the Laissez-Faire approach can be effective. The Laissez-Faire technique is usually only appropriate when leading a team of highly motivated and skilled people, who have produced excellent work in the past. Teenages and young sunday league teams benefit from this type of manager, because they like to be involved in choosing their own training drills and warm up by themselves. They may have little patience for an autocratic coach. Once a leader has established that his team is confident, capable and motivated, it is often best to step back and let them get on with the task, since interfering can possibly cause anger from the players. The Democrat The democratic leader makes decisions by consulting their team, whilst still maintaining control of the group. The democratic leader allows their team to decide how the task will be tackled and who will perform which task. The democratic leader can be seen in two ways. A good democratic leader encourages participation and motivation, but never loses sight of the fact that he has the crucial responsibility of leadership. ...read more.

Conclusion

Fig3 - Example of an evidence sheet Evidence sheet Name ......... Sheet No: ...... Time / Date Details Work number Evidence Observed by Action Plan Competent Y / N The Evidence Sheets record details of activities and tasks that you have performed in the role. The recording of the activities is vital as this will be supporting evidence in fulfilling the role. It is a good idea to complete the evidence sheets after an action plan to help in future performance. Example1, Subject1 is often late for work, and has punctuality issues. The employer of the business decides to set out an action plan to improve subject1's punctuality, to increase performance at work. Example Action Plan (Name) Subject1 (Admin No)574 (Date Joined) 21st Feb 02 Following a meeting on 01 Mar 02 an Action Plan was created, using the SMART mnemonic. This Action Plan has been accepted and agreed by all parties involved. Specific Fails to arrive to work on time on a regular basis, so therefore not completing sufficient work tasks, letting down the team. Measurable To record all signing in times and report to supervisor, and record evidence of work completed Achievable Yes, following guidance from supervisor. Relevant In order to achieve this area of development it is also necessary to improve work performance. Time related Within 4 weeks, during the mentoring period. Signatures: Individual: (Name) Subject1 (Admin No) 574 Supervisor: (Name) Supervisor1 (Admin No) 1234 Manager (Name) Manager1 Performance Review After the action plan has been completed a performance review could be issued, to check the action plan was completed as required and to give the individual feedback in relation to performance. This is an opportunity to motivate an individual and give praise if required. If the performance review was successful then another performance review should be monitored after an agreed period of time to check that the individuals performance is still satisfactory, e.g. subject1 is now arriving at work on time regularly. However, if the performance review showed that the subject had not improved and completed the required task then further action should be taken. 1 ...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

    Marketing Management - Swisher Mower and Machine Company.

    5 star(s)

    Proposal evaluation To facilitate our analysis with limited information, the following reasonable assumptions are taken: a) Unit sales without cannibalization, selling prices and costs (except the additional costs mentioned in the case) of Ride King would remain the level of 1995.

  2. Spreadsheet Report for Tuck Shop

    The completed graph is shown below. The last thing I had to do was to rename the two chart tabs (as shown before) from 'Chart 1' to 'Total of Products Sold (Week 1)' and 'Chart 2' to 'Total of Products Sold (Week 2)'

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

    It can also take a long time for decisions to be made as it needs to be agreed by different people. Flat organisation structures have only a few levels of hierarchy. Managers can get overwhelmed by too many people reporting to them.

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

    Community leaders therefore represent important interest groups. Government: They have their authority to either block, promote or regulate firm activity. They will also can influence or persuade profitability through taxation. E.g. Business rates, PAYE, VAT, NIC, corporation tax etc. * Government can influence both Microsoft and Oxfam profitability through taxation.

  1. Introduction to J Sainsbury plc

    Line organisation is the typical structure of a hierarchy. There are direct communication links between Sainsbury's superiors and subordinates. Each member of Sainsbury's has a clear understanding of the chain of command and to whom he or she is responsible.

  2. Vodafone Plc

    work together in the production of the phone as one stage concentrates in making the phone itself and another could concentrate on the quality control. By this people are set tasks who work as a team. This helps Vodafone meets its objectives especially maximising profits as they would like to sell products at a high quality.

  1. Interpretatiion of Next Plc’s accounts.

    It is an indication that Next plc will have an effective financial control and on the other hand, it also maybe the result of the falling 6-day payment which indicates that Next plc must pay back quicker to suppliers in 2002 than in 2001.

  2. Management in Context - Share Portfolio.

    Overall British gas has benefited from the weaker energy suppliers such as TXU who have fallen by the way side and lost customers to British Gas. 3.5 Consumer Pharmaceuticals The oral care sector of the pharmaceuticals market has over the last fifty years been an area of progressive growth.

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