ASDA's Ownership

Task 1: Business ownership ASDA's Ownership A). ASDA is a public limited company, which is also known as a PLC. An American retailing company called WAL-MART owns ASDA. Its shareholders own the company and this causes the ownership to constantly change, as the shares are constantly bought and sold. Most of the companies' shareholders are generally, old aged pensioners, banks and insurance companies. Before a PLC can be launched, they must have £50,000 or more and it must have a good financial record and, there must be enough people interested in buying shares in order to have a successful floatation. Floatation is when a company is on the Stock Exchange and is then launched to the public. WINES PLUS' Ownership Wines Plus is a partnership and is run by its owners. A partnership can be of a maximum of 2-20 people. The partners of the business share the responsibilities and risks of the business. Usually, if the partners have different skills, this provides the business with greater aspects as a different range of services can be offered and more profits can be made. Also, in some partnerships, there are also some sleeping partners. These are people that invest money into the business and receive a share of profits made but they don't have a say of how the business should be run. Before starting the business some partners sign a deed. This deed is called the Deed Of

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Evaluate the strategies that a business can adopt during a recession

Evaluate the strategies that a business can adopt during a recession A recession, two negative quarters of GDP in an economy, is inevitably going to lead to a business getting less customers. Its overhead costs will be the same, but its unit costs will be higher because it will not be producing as many products but will still have these fixed costs. This will make the business less profitable in the short-term and so strategies must be implemented to try to improve the business's short-term and long-term prosperity. Such strategies might include improving its cash flow position, downsizing, decreasing its costs, decreasing its gearing and managing its receivables and payables more carefully. A strategy of improving cash flow will involve many aspects. They will need to decrease their fixed costs so that their unit costs will decrease and it will be easier to make a profit in the difficult economic climate. This may involve selling off excess machinery or ordering less inventories, or it may involve increasing its operational efficiency by holding less inventories and thus lowering its storage costs. Ultimately, improving its cash flow will enable the business to remain more liquid in hard times, where investors (e.g. banks) will be less financially lenient, in the way of loaning money to businesses, during a recession. Thus it is more crucial than ever for a business to

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Marks and Spencer aims and objectives

Aims and Objectives An aim of a business is the purpose of the business. The aims are what Marks and Spencer is trying to achieve in the long term. All business has different aims and Objectives that vary in some kind. For an Example Marks and Spencer aim might be to make sure that they make a profit this year. What are Smart objectives? Business also set objectives that are known to be SMART objectives. The meaning of SMART objectives is that the objectives that they set for the company should include being Specific, Measurable, Agreed, Realistic, and Time Specific. Specific: Specific is being specific and stating what the company is aiming to achieve. Measurable: Measurable is setting Objectives that believe that can be measured so that they can decide whether the objective has been achieved. Agreed: When sets their objectives, they must make sure that they get everyone involve within the decision making. The staff must also understand the objectives that the company is setting and the company as whole must agree. Realistic: Marks and Spencer must set realistic objectives that are based on its competitors and the resources and the market. Time specific: Marks and Spencer should state and Specific time in which they wish to have achieved these objectives by so they know what they have to work towards in order to meet that time. "Continue to invest in and grow

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tesco ownership

Tesco's Ownership Unlike Lakhani Motor Group which is owned by several partners, Tesco is owned by thousands of people. This is because Tesco is a public limited company or Plc. The reason for Tesco being a Plc is because of its mammoth size. Due to its size it would be hard to raise enough funds for Tesco if it was owned by a sole trader or by partners whereas in a Plc (like Tesco) the company is owned by shareholders who fund the company. This happens by the people buying shares in the company and becoming shareholders. Sometimes this may seem more appealing to the people investing in a company as they have the luxury of having limited liability. Limited liability is where if the business goes bankrupt the people only lose whatever they invested in the business this is common with Plc's, Ltd's (Private limited company) and . Unlimited liability is where if a business goes bankrupt the money invested by the sole trader or by the partners is lost and to recover the debts owed their personal assets (their personal money and buildings like houses owned) would also be lost. The shareholders make their money by selling their shares back to the company for a higher price than they bought it for, and earning dividends. The company makes its money from the shareholders investing their money 'in the first place.' Advantages and Disadvantages of a Plc Advantages Disadvantages

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I am going to write about the different stakeholders who influence the purpose of the two contrasting businesses, Cadburys and the Association of Organics Recycling .

Task 2 To: Ann Warren From: Date: 30th September 2010 Title: A report on stakeholders who influence the purpose of businesses. Introduction: I am going to write about the different stakeholders who influence the purpose of the two contrasting businesses, Cadburys and the Association of Organics Recycling . I am going to consider who the different types of stakeholders are for each of the companies that I am considering and they way in which their intrest impacts on the purpose of the businesses and how they are run. Definition of a stakeholder: A stakeholder is somebody who has an interest in the business or who are affected by the businesses actions. Who the stakeholders are and how they influcence the aims and objectives for Cadbury: Cadburys aim to increase their sales and profits and they also aim to make their business grow and they can do this by being successful. * Customers - These are the people who buy the product that Cadbury manufacture. They influence the purpose of Cadbury because they want good quality products at a reasonable price and they affect the sale incomes, if the customers are being provided with their wants then they will be satisfied with the businesses products and continue to buy from them. The more products that they buy the higher Cadburys profits and sales will become. The sales revenue will be increased therefore the aims and

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Describe how political, legal and social factors are impacting upon the business activities of Tescos in the UK and China.

Assignment 4 The Business Environment Pass 1 A business will have many factors that will impact upon it. Political, legal and social factors are the three main factors that impact upon a business. Businesses must operate within the framework of the law. If they fail to do so it can lead to fines and even imprisonment of directors. Businesses must therefore give a high priority to ensure they comply with the law. Politicians make many important decisions and businesses must act in accordance with these decisions. These decisions involve making choices that may affect large numbers of people and businesses; this could include a new law. Over various time periods many changes could take place in the society which is relevant for businesses. These social factors could include demographic issues, changes in structure, religion, education and ethics. For Tesco:- UK What are the political influences in the UK which impact on Tesco:- The government sets a corporation tax rate, and Tesco must comply with this and pay a proportion of their profits to the government. This means that Tesco will have less money which they can reinvest into the business. The government has also set a VAT rate (value added tax) and it was recently increased to 20%. This may reduce the demand for some of Tesco’s products, such as electrical goods, as customers may not find them a necessary item.

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Marketing Management - Swisher Mower and Machine Company.

MBA5009 Marketing Management Group Report Of Case 5 Swisher Mower and Machine Company Submitted by Zeng Min, Bernice Ellen Novidia Adisoebrata Tan Xiao Ling, Linda Liu Bei, Pat Paul Lim Suparto Quach Thi Thu Hien Huang Yue Hong, Sarah NUS Business School National University of Singapore Wayne Swisher, President and Chief Executive Office of Swisher Mower and Machine Company (SMC), was weighing the proposal of a private branding arrangement for SMC's line of riding mowers. He thought the inquiry presented an opportunity but details should be studied more closely. Situation Analysis: Company Background: Established in 1945 by Max Swisher, SMC grew steadily with unit volume for SMC riding mowers peaking at 10,000 units with sales of $2 million in 1966. In the 1990s, the unit volume remained constant with around 4,250 riding mowers per year. Compared with 1,263,000 unit sales in riding mowers and tractors industry, SMC only occupied around 0.3% market share. Max Swisher, the current CEO, thought maintaining a small company image had also been an important aspect of his business philosophy, which led to the good personal relationships with dealers and customers alike. SMC produced limited but differentiated products. SMC's flagship product, the Ride King, was credited with the first zero-turning-radius riding mower. SMC also produced a trail-mower called T-44

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Discuss the impact of recent changes in the UK economic environment on UK retailers and manufacturers

Discuss the impact of recent changes in the UK economic environment on UK retailers and manufacturers All businesses are affected by changes in the economic environment and these can be divided into two groups, those operating within that business sector eg the car industry and the changes in the economy as a whole eg interest rates. For the retail sector the recent downturn in the economy has affected some sectors more than others. BMW, the world's largest manufacturer of luxury cars is on course to meet its target of selling 1.8 million cars in 2012. Sales of the Mini, BMW, and Rolls Royce which are all made in Germany are expected to continue to grow despite the tough economic market. The CE of BMW feels that in a recession it is the mass market manufacturers that are most affected by rising costs in raw goods and exchange rates and that companies trading in luxury goods seem to be the last sector to be affected. This does make sense because if people are working on tight margins and budgets then any rise will have an impact on whether they buy the goods but, if people can afford the high end goods then a price increase may not be enough to prevent them buying. However BMW are concerned about the wider economy, for example, the large fall in the US exchange rate because this makes exports from Germany more expensive and the US is a major market for premium cars. Also the

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Sainsbury's Stakeholders and their Job Roles

Sainsbury's Stakeholders and their Job Roles The purpose of this task is to outline certain departments within the supermarket, such as stakeholders, job roles etc. To find relevant information needed I will be using resources such as information from class notes/worksheets, textbooks and the Internet. Stakeholder is anyone who shows an interest in the business. Shareholders/Owners Sainsbury is a Plc, which means that ownership of the company is divided up between all the shareholders and the decisions are made by the board of directors with the shareholders best interests in mind. This is usually profit maximization, since each shareholder gets a proportion of the profits, relative to their share size, called dividends, at the end of each year. The company, which generates its shareholders the most dividends, is likely to attract the most potential shareholders and keep most of its shareholders, which will generate capital for the company. Therefore, it is important to keep the shareholders satisfied since they generate capital for the company, this has to be done with regard for other stakeholders, for example if Sainsbury reduced prices shareholders would be displeased since, less profit would be made leading to lower dividend payment at the end of the year. But lowering prices improves the relationship with customers, which will lead to more customers, thus the

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Easyjet

From: Pablo Cortez To: Tracy Feist Date: 29/09/08 Overview: The following is a report into a private sector organisation known as Easyjet. Easyjet is a Public Limited Company and trades on the London Stock Exchange. It is a financially strong company being Europes No.1 Air Network. Easyjet's principal activity is providing airline services on short-haul and medium-haul point-to-point routes within Europe. Flying 872 times a day, It operates a fleet of 137 aircraft through 77 airport networks in 21 countries with a workforce of 5493 employees. This report will look into the purpose of the easyjet, how easyjet is run, its mission statement , concept, culture, overall performance, financial information, and other general operating activities. Main Findings: The airline was founded by Sir Stelios Haji-Ioannou in 1995, and he and his family remain major shareholders in easyJet PLC . easyJet currently operates throughout the UK and mainland Europe. The fleet of aircraft consists of 55 owned and 82 under operating lease, comprising of 107 Airbus A319's and 30 Boeing 737-700's. easyJet favours an informal company culture with a very flat management structure, which it believes eliminates unnecessary and wasteful layers of management. easyJet has a casual dress policy for all office based employees and bans ties with the exception of pilots. The airline is based at Hangar

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