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
Investigation to see how the concentration of an acid affects how much gas is given off.
ò Student Media Services Limited Student Media Services Limited ò‚À K HÀÐBlBlÐÎ ÎÐBlB`ЂÚÚñ!B„!BñÀ H HÀÀ H JÀÀ J KÀñ!B„!B!B„!B€ñË Ë_b. Ë
The performance and operations of British Petroleum Plc
Index . Terms of reference 2 2. Procedures 2 3. Findings 3.1 Ownership 4 3.2 Objectives 7 3.3 Functional Areas 9 3.4 Management style 15 3.5 Culture 17 3.6 Structure 19 3.7 Communications and ICT 20 3.8 Quality assurance and control 22 4. Conclusions 23 5. Recommendations 24 -I- Terms of reference This report is based on the performance and operations of British Petroleum Plc (hereinafter quoted as BP). The report explains the objectives, structure, culture and communication channels that operate within BP and an examination of how these factors relate with each other and what is the affection to the success business. This report also takes on the account to quality assurance and control systems that are conducted internally within BP. Alternative means of quality assurance and controls are also discussed as well as the success of the company towards meeting of it's objectives. Overall aim of this report is to relate Business theories as studied in school to the practical applications within BP. Report is written in line with the assessment requirements set by Edexcel Examining Board for unit Business at Work. This report will also be used for future reference during this course. -II- Procedures In order to compile this report information was obtained from different sources but the primary source was the Internet as well as one visit to a BP
The functional areas that are involved in M & S:
M3 Based on your poster, write an analysis of how the different functional activities you have identified help your chosen business to achieve its aims and objectives. The company that I have chosen is M & S and their aims are: o To make profit o To expand o To increase market share o To attract more customers The functional areas that are involved in M & S: Personnel Department: They are responsible for: o Monitoring and training staff. o Recruitment of staff. o Deciding on the salaries, bonuses, promotions and benefits. This department helps to achieve the aim of making a profit as within M & S the Personal department takes care of the customer services and all the enquirers that the customers have by providing their customers with trained staff that are hard working and motivated to work. If the staff work properly and satisfy the customers the business may also expand as they will be making good profit. The personnel department also needs to monitor their staff from time to time so that they know where their staffs stands and if training is needed they would be able to know in which areas the staff need to be trained so that they can carry out their tasks properly. This will help to achieve the aim of attracting customers as customers will know that they can get the good service from M & S. the personnel department also advertises jobs and train their staff
External influences on business. At ASDA we have to follow the following employment legislations and data protection legislations.
External influences on businesses UNIT 14.1 The business I have chosen to work on my unit 14 is ASDA. ASDA is a huge supermarket which is run around England, Scotland and Whales. They offer Britain's best value weekly shop with prices on average 10% lower than our main competitors and an mutable mix of fresh food, grocery clothing, home, leisure and entertainment goods. Approximately they have around 260 stores. They employ 150,000 colleagues who have a reputation for being the best and friendliest in the industry, and we work with over 2,800 suppliers. There stores are "stores of the community," playing a positive part in all aspects of local life. At ASDA we have to follow the following employment legislations and data protection legislations. Legal factors - relate to changes in laws and regulations. Businesses must be careful to keep within the law and to anticipate ways in which changes in laws will affect the way they must behave. Economic factors - relate to changes in the wider economy. A growing economy provides greater opportunities for businesses to make profits, so businesses welcome rising living standards. Technological factors - provide opportunities for businesses to adopt new breakthroughs, innovations, and inventions to cut costs and develop new products. Environmental factors - relate to the environment. Businesses must be careful to keep within
Public limited company.
In a public limited company only two people are needed and there's no upper limit. Every public limited company has a PLC at the end so that people don't confuse it for a private limited company. In a PLC the general public as well as other businesses and financial institution can buy shares from a PLC. Organizations rather than individuals own most of the shares in a PLC. In most of the countries the shares of the PLC are bought and sold through the Stock Exchange. For the public's benefits the share prices are printed in the newspaper so that the public can know the price of their shares. The company can expand selling more shares to the Stock Market. PLC's are usually larger than Private Limited Companies. The shareholders like the private limited company have limited liability; this means that if the company goes bankrupt then the shareholders are only responsible for the value of the shares. The company has its own legal status separate from the shareholders. This also means that the company can sue or can be sued. Most of the PLC start of as Private limited companies and then may want to grow but since it cannot sell its shares to the general public so it decides to be a PLC. Setting up a PLC There are many rules in setting up a PLC then there are for a Private limited company (PVC). The procedures of starting a PLC are similar to a PVC. The company has to draw up a
Investigation into Cadburys.
To: Ms Sweet From: Katherine Suttie Reference: Unit 1 Business at Work Date: Nov 2002 Title: Investigation into Cadburys .0 Introduction This report will show the type of ownership of the businesses. It will also be discussing the business's objectives and the reasons for these. It will look at and explain the functional areas of the business, and how these contribute to the meeting of the business's objectives. Also it will describe the management style, organisation structure and the culture of the business, and how these interrelates in the business. Also how these affect the performance and operation of the business and how they help the business to meet its objectives. The report will then explain how the production process, quality control and quality assurance helps the business to add value to its product. The report will then go onto describe the effects that would happen if the business used a different type of quality control and quality assurance. Lastly it will look at how ICT is used for internal and external communication of the project. 2.0 Information. 2.1a Introduction to types of businesses. There are three types of sectors. Voluntary, Private or Public sector. Public Sector. Public sector businesses are run by the government and paid for by taxation. Such businesses are the police, fire department, Ambulance, the NHS or teachers. Private
Scott Bader Ltd.
Contents Page . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Title Page 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Contents Page 3 - 6 . . . . Objectives of Scott Bader, How well business meets objectives 6 - 7 . . . . . Does Scott Bader collate information to measure success and how does it achieve this. 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . Scott Bader's Type of Ownership I am doing my coursework on a company called Scott Bader Ltd. The headquarters is based in Northamptonshire, England - "it is a company with a unique position in the polymer industry". Background Information: I found some information about Scott Bader on the Internet this has helped me to understand what the business is about I found this information from its company profile. Scott Bader has been top in the glass fibre composites since the 1940's when Crystic gained a huge reputation for quality and reliability. This reputation has been kept on going through, investment in research, innovation and product development. Markets for which Crystic has got such a big reputation for are markets like; Marines, Land Transport, Building and Construction, Pipes and Pipe Lining, and Decorative Casting. It provides better products and superb customer service and it balance's its business needs with
classification of sectors
Classification of sectors Primary sector This sector is the first stage in the production of goods and services. The primary sector is the portion of the region's economy that is devoted to the extraction of basic raw materials such as mining, lumbering, fishing, quarrying, and agriculture. This sector aims to improve the yield with the use of technology, although it is decreasing in size compared to the rest of the economy. Some of primary sector jobs are farmers that grow their crops to sell or fishermen going out to see to catch fish to sell. All countries have their own primary industry, but its importance is decreasing in developed countries due to the fact that more machinery are coming in and taking the jobs in the primary sector. Secondary Sector This is the sector that is devoted to the manufacturing and processing of raw materials that are extracted by the primary sector to produce goods. The secondary section is the portion of the region's economy devoted to the processing of basic materials. The secondary sector can be divided into three main groups these groups are manufacturing, building and construction and public utilities such as water and gas. Manufacturing transforms all the raw materials provided by primary producers into finished goods. Building and construction and public utilities are vital in many countries. Statistics of growth and decline (by
Business Ethics and Moral Behaviour
BTEC National in Business Business Ethics and Moral Behaviour - Assignment 1 Introduction: In this assignment I am going to explain and analyze the ethical issues the businesses have to overcome. How ethical issues affect business success and local community. I am going to outline the key issues surrounding Coca-cola's presence in India and demonstrate how this causes an ethical dilemma. At the second part of my assignment I am going to identify who the 'primary stakeholders' in Coca-Cola case study are and describe how they have been affected by Coca-cola's behaviour. Definition: Ethics is a study of moral. Discussion of what is right and wrong. Ethical rules depend on personal believes, religion and background. It is based on people behaviour and activity. Ethics decide rules and regulations on people behaviour. Ethical rules and regulations are different in different countries. What people think is the right things to do in one country may not think that it is the right thing to do in another country. People judgments on others behaviours are called ethical rules and regulations. People use those rules for different situation, for example, to solve environmental issues. Different countries make their own ethical rules and regulation, because people have different beliefs in different countries. Companies also make their own rules, but when companies decide to
