Business Aims and Objectives.

Business Aims and Objectives Most businesses have aims and objectives about how they are going to make their business successful. Most businesses have different aims and objectives. For example a schools main aim will be getting as many students to a high educational standard. Some businesses may state official aims in a statement that is part of the business's policy. The mission statement of First Direct, the telephone banking arm of HSBC, is to `create harmony between the services it provides and the way people live their lives with simple, straightforward products`. Another example is BUPA, the private health care and insurance company, has a vision statement of `taking care of the lives in our hands. Aims An aim is a goal the business wants to achieve. For example to make a good profit, the business has aims to reach their goals such as expanding or improving their services or quality of goods. All businesses aim to provide goods and/or services, either to their local community or to the wider community. The main aim of every business is to survive. The only way it can do this is to make a profit. Its turnover, the goods or services it sells must be bigger than its operating expenses, or the day to day cost of running the business. These are some examples of aims of a business: * Making a profit * Being environmentally friendly * Improving product

  • Word count: 34009
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

In this coursework I need to produce a detailed business report on one medium-sized or large business.

Introduction What I need to do? In this coursework I need to produce a detailed business report on one medium-sized or large business. In investigating a chosen Case Study I must comment and analyze each of the following aspects of the Business: Objectives Organization Structure Culture Communication Channels Quality Assurance and Control "Adding Value" I need to examine how these factors interrelate to affect the success of the business. Also I need to explain how quality assurance and control systems help the business to add value to its products and services. As example for my investigation I chose Tesco plc., because Tesco is good example of public limited company and Tesco - is a most popular supermarket's network in UK. How businesses are classified? I can classify the business by form, by industrial sector, by ownership, by objective, by size and by location or market. Forms of businesses. SOLE TRADER. Oldest, simplest, most common form of business easy to set up enterprise. A sole trader exists where a single person owns a business. This is very common form of organization. Over recent years, the number of sole traders has grown significantly. There are several reasons for this trend including more opportunities to work for firms on consultancy basis and government support for self-employment. Most sole traders work on their own . Initial capital -

  • Word count: 24751
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

The Use of Geographical Information Systems (GIS) And International Technology Transfer by Non-Governmental Developmental Organisations in Africa

DISSERTATION DOCUMENT COMPLETE CHAPTER 1-7 27/11/01 The Use of Geographical Information Systems (GIS) And International Technology Transfer by Non-Governmental Developmental Organisations in Africa ABSTRACT This Research work is based on the Use of Geographic Information system (GIS) and international technology transfer to Developing Countries (Africa) by Non-Governmental Development organisation. NGDO are involved in initiating and Implementing development projects in Developing Countries. They discover that with the use of GIS in their projects, scarce resources could be appropriately distributed using GIS system for the intervention measures identified. The GIS Technology seen by NGDO playing a role in improving decision making and planning (Mather1997); used the new mapping technology to assist in agricultural development throughout the third world (CIRAD 1994); seen playing a leading role in environmental assessment in the third world (World bank); GIS seen as technology that remove the 'political' from the decision making process and allows for an equitable and fair distribution of resources. GIS has many problems both at the development stages and the implementation and use. Some of the problems included: Data Capture, Data access, National infrastructures, Organisational issues (such as Management acceptance, Top management involvement, GIS users participation);

  • Word count: 24430
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

Apple Incorporation - Case Analysis

Apple Incorporation Case Analysis Submitted by: Billy Sainz MGT 6359 Dr. Jifu Wang University of Houston - Victoria Fall 2004 Table of Contents Executive summary 04 Company history 04 Company Strategy 05 External analysis 07 General environment analysis 07 Demographic segment 07 Economic segment 09 Political/legal segment 10 Socio-cultural segment 11 Technological segment 12 Five forces model of competition 12 Threat of new entrants 12 Bargaining power of suppliers 13 Bargaining power of buyers 13 Threat of substitute products 13 Rivalry among competing firms 13 Opportunities 13 Threats 14 Industry Structure 16 Market size 16 Industries' dominant economic features 16 Distribution channels 16 Competitors: strongest - weakest 16 Rivals anticipated strategic moves 17 Economies of scale 17 Key success factors 17 Technology related 17 Manufacturing related 18 Distribution related 18 Marketing related 18 Skills related 19 Organizational capabilities 19 Driving Forces 20 Internal Analysis 22 Organizational description 22 Corporate Vision/Mission 23 Long and short range objectives 23 Financial objectives 23 Strategic performance 24 Employee relations 25 Products and services 25 Corporate culture, values, and morals 26 Core competencies 26 Financial Performance 27 Liquidity 27 Merchandise inventory

  • Word count: 18011
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

A proposal to modify "Exercisco Fitness Club" in Pokfulam, the location has been proposed to Baguio Villas.

Introduction Name: Exercisco Fitness Club Description: A proposal to modify "Exercisco Fitness Club" in Pokfulam, the location has been proposed to Baguio Villas. This location has been chosen because the area is very clean and there is a large population and this would be an advantage because there is more market share, and there would be more potential customers. The location is also good because there is a major project developing (cyber-port). This would be an advantage for the business because it would give it a good reputation. Plus this is another advantage because there is less competition and Baguio Villas is a very scarce place. The new technology applied to the Fitness center would in theory increase the customers attending the club. The club would easily keep a record of the customers joining and leaving the club. Plus the new system would be able to pinpoint specific addresses for business purposes. E.g. if a customer has not paid the bill for a month. Also the club would let members interact in fitness courses if they prefer and they would be able to purchase different materials connecting to the course. Address: 59th Mount Hermon Rd,5th floor Krono Plaza, opposite Glon Canyon Rd Telephone: 25849843, Fax: 28394785, Manager Mobile: 91234534 How the business could use the following: Databases: The business will use this to record all the members' data and

  • Word count: 17280
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

The purpose of this document is to define the Context of Cain Motors Information System in order to form the basis for the Information System and assessment of the success of the project.

Quality Management Assignment Cain Motors Debra Frisby Karen Fuller Janet Hansen Steven Shirley Contents . Introduction 4 2. Business Case 5 2.1. Aim of Project 5 2.2. Importance of Achieving Project Aims 6 3. Project Definition 7 3.1. Changes 7 3.2. Change request/evaluation 16 3.3. Change request number 2 16 3.4. Change request Number 5 16 3.5. Change request Number 6 17 3.6. Change request Number 7 17 4. Project Plan 19 5. Changing the System Analysis 20 5.1.1. Rational Rose 22 5.1.2. Inception Phase 22 5.1.3. Elaboration Phase 23 5.1.4. Construction Phase 23 5.1.5. Transition Phase 23 5.1.6. Iterations 25 5.1.7. Benefits of an Iterative Approach 25 5.2. The Architecture of Software Systems 25 5.2.1. Appropriate SDLC Use and History 28 5.3. Redefined Terms of Reference 29 6. Feasibility Study 31 6.1. Technically Feasible 31 6.2. Economical Feasibility 32 6.3. Social Feasibility 32 7. Project Organisation 33 7.1. Project Manager 34 8. Role Description 35 9. Risk Management 41 9.1. Risks File 43 9.2. Risk Log 49 0. Quality Assurance 51 1. Issue Management Process 52 1.1. Issue Procedures 52 1.2. Raising Issues 54 1.3. Issue Log 54 2. Version Control 55 2.1. Product Identification 55 2.2. Distribution Case Diagram 57 2.3. Distribution Class Diagram 58 3. Revised Systems Analysis of Cain Motors 60 4. Inception 62 5.

  • Word count: 15764
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

E-commerce and its effects in Ireland

3 Business Environment E-commerce is a business issue. It will affect all businesses in Ireland, and in particular those engaged in international trade. It will also affect businesses previously sheltered from international competition in home markets. It can make a significant contribution to the achievement of national social and economic objectives. It also offers significant new enterprise and inward investment opportunities. A supportive and adaptive business environment is essential to realise this potential. The changes being brought about by e-commerce at enterprise level require new frameworks for conducting business: government policies relating to commerce need to be re-examined, as most were formed with a very different image of commerce in mind. Reform is needed in legal and regulatory areas, such as trusted third parties, contract law and tax collection. However, action is also required in other policy areas that influence enterprise competitiveness including logistics, skills, awareness, training, and international marketing. This section sets out the key actions required on the part of government, the development agencies, and the enterprise sector. A partnership approach is required to speedily implement the required changes. 3.1. Legal and Regulatory Framework The development of a secure and conducive legal environment for e-commerce could establish

  • Word count: 15116
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

COMPARISON OF EASYJET AND DOMINO'S PIZZA

R E P O R T FROM: PRIAM JUGGERNAUTH TO: C BOTHA AND H SAMBI DATE: 15 December 2004 SUBJECT: COMPARISON OF EASYJET AND DOMINO'S PIZZA INTRODUCTION For this piece of coursework I will be comparing two contrasting businesses, they are Easyjet and Domino's Pizza. I will be finding out about their aims and objectives, profits/losses, type of ownership and their purpose, how they communicate and external influences. Firstly Easyjet is Europe's leading low-cost airline, and Domino's Pizza is a UK pizza takeaway and delivery company. AIMS AND OBJECTIVES An aim is a general statement of what a business intends to do e.g, to make a profit, provide products to the community, to survive for the first few years, provide a competitive service, maximise sales and quality, be environmentally friendly, offer a charitable, voluntary or community service. The aims that businesses should have are SMART aims. This means the business must choose its aims following the guidelines of SMART, which are: Sensible - Aims should form part of the businesses strategy so they fit what the business wishes to achieve. For example a food distributor should not aim to start making car parts because that would not be a sensible move for the business to achieve and would cost it a lot of money, just like starting a new business. Manageable - any of the aims should not stop

  • Word count: 13710
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

Implementation of ATMS at SBI. Banks in India are looking at deploying biometric ATMs targeted to reach the unbanked population in rural India. Using thumbprint and voice guidance

MANAGEMENT INFORMATION SYSTEMS Narsee Monjee Institute of Management Studies MBA - Banking Management Trimester I "Implementation of ATMs in SBI and management issues" Submitted to: Prof. Nilay Yajnik Submitted by: Sagnik Chakraborty A015 Dheeraj Vema A064 Sumesh Sepuryi A052 Ayush Gupta A025 Vivek Srivastava A062 CONTENTS TOPIC PAGE NO. EVOLUTION OF ATMs 01 ATM HARDWARE 06 ATM ACCESSORIES 09 ATM NETWORKING 1 ATM SWITCH CENTRE (ASC) 2 ATM PROJECT OF THE BANK 4 SERVICE PROVIDERS 8 ATM PURCHASE AND INSTALLATION 20 BRANCH SETUP 23 PRODUCTS AND SERVICES 32 CREDITS 40 VISION Create a large vibrant ATM Self-Service Channel spread across the country that offers a wide range of services to enhance customer convenience and also enable the Bank to attract new customers. EVOLUTION OF ATMs * Introduction The origin of ATMs can be traced back to June 1967 when Barclays Bank installed the first cash dispenser manufactured by Burroughs in the UK. The race commenced when just forty-eight hours later, National Westminster Bank commissioned a machine manufactured by Chubb. Since then, there have been rapid developments both in ATM hardware and software. * The First Generation ATMs The first-generation ATMs basically dispensed cash and offered very limited banking functions. In the next two years, ATMs were installed in several European

  • Word count: 13368
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay

Business Report on Manchester Airport PLC.

Business Report on Manchester Airport PLC Contents .0 Introduction 2.0 Terms of Reference 3.0 Procedure 4.0 Findings 4.1 The ownership of the business 4.2 Business Objectives 4.3 Organisational Functions 4.4 Organisational Structure, Culture and Management Style 4.5 The impact of ICT on the internal and external communications of the business 4.6 Operations and quality 5.0 Conclusions 6.0 Recommendations Introduction Terms of reference Procedure .0 Introduction Manchester Airport is managed by Manchester airport (PLC) and owned by 10 Metropolitan Boroughs, it was in 1934 that the Manchester city airport approve the building of approved the building of Ringway Airport (original), which was opened in 1938 with the completion of the original terminal. The airport flies to 175 destinations worldwide and is used by more than 300 tour operators and 90 airlines. These are the Councils who own Manchester Airport The Council of the City of Manchester - 55% The Borough Council of Bolton - 5% The Borough Council of Bury - 5% The Oldham Borough Council - 5% The Rochdale Borough Council - 5% The Council of the City of Salford - 5% The Metropolitan Borough Council of Stockport - 5% The Tameside Metropolitan Borough Council - 5% The Trafford Borough Council - 5% The Wigan Borough Council - 5% 2.0 Terms of Reference I have to produce a business report of

  • Word count: 13349
  • Level: AS and A Level
  • Subject: Business Studies
Access this essay