The different types of stakeholders within both gas control and greenways estate agents are customers, suppliers, employees, owners and shareholders,
Unit 2 P5 The different types of stakeholders within both gas control and greenways estate agents are customers, suppliers, employees, owners and shareholders, local community, governments financiers, and finally pressure groups. The stakeholders who are directly affected by gas control are shareholders due to if the company is not successful then this means that shareholders will sell there shares if dividends are poor. However if the company is successful then it means they increase in value of their shares. Employees may be affected as if again the company is running poorly it can affect the amount of wages they receive. Owners within gas control can be affected in the way that they may loose overall control of the business due to its performance of activities. The local community may be in jeopardy by the business as they may have complaints about the noise in which there are from producing the valves. "Local community have forced the company to reduce its night time working due to its noise from the factory". Greenways estate agents on the other hand is a small business with not much shareholders which are affected, although the owner himself may as if he doesn't run his business to well then he can loose his personal possessions if greenways becomes bankrupt. The reason being is the fact that the organisation doesn't have limited liability like gas control which
Continental Carriers, Inc.
Continental Carriers, Inc. Advanced Financial Management Professor Clayton June 16, 2005 Tim Boyd Dave Chen Ian Hoffman Chirayu Patel Continental Carriers, Inc. (CCI) should take on the long-term debt to finance the acquisition of Midland Freight, Inc. for a few reasons. The company is heavy on assets, the debt ratio will only grow to 0.40 with the added $50M in debt. Also, the firm will benefit from an added $2M in a tax shield and be able to return $12.7M a year to its stockholders and investors, instead of $8.9M if equity is raised to finance the acquisition. Lastly, the stock price and earnings per share will increase to $3.87 in comparison to an equity-financed acquisition of $2.72 per share. CCI would be taking a somewhat high risk by issuing additional stock due to the uncertainty about the offering price. Having a low P/E ratio with respect to the rest of the market, and the replacement cost of the firm being greater than its book value (argument 3), there is a good chance that the current stock price and the proposed offering prices are too low. Although long-term debt is a better financing choice a few of the drawbacks are pointed out. Debt holders claim profit before equity holders, so the chance that profits may be lower than expected, increases risk to equity may reduce or impede stock value. However, in extreme financial situations such as a
Why Tesco consider their competitors to be Sainsbury's or Asda and not Aldi or Netto.
Why Tesco consider their competitors to be Sainsbury's or Asda and not Aldi or Netto. Tesco, Asda and Sainsbury's are much bigger stores than the discount stores like Aldi and Netto. This means the bigger supermarkets will be able to sell more goods and gain a bigger profit. If Aldi and Netto were to make their stores bigger they would be able to compete with Tesco, Asda and Sainsbury's in the sales department. This will mean that they will be able to contain more goods and sell more to gain a larger profit. It will give them the opportunity to sell more different types of foods and different brands. The larger supermarkets are now using diversification and sell more different types of products e.g. electrical goods and clothing. Expansion of the smaller supermarkets would also give them the opportunity to diversify their product range and start competing with the bigger ones. Recently I have noticed that Aldi have started diversifying in their product range slightly. They now have their own sporting make and sell camping equipment, sporting equipment and electrical appliances etc. This will increase their market share and make them more competitive. Tesco have now set up their own mobile phone networks, bank, insurance company and clothing company. Asda and Sainsbury's are now attempting to follow in Tesco's footsteps in order to continue competing with Tesco. The
I will compare and contrast organisational structure and functional areas in BP and Xercise4Less.
Transfer-Encoding: chunked Over the summer I completed a six week internship at BP and also had the opportunity to look at a smaller business Xercise4Less. I am now going to write a report where I will compare and contrast organisational structure and functional areas in BP and Xercise4Less. There are many differences in organisational structure between BP and Xercise4Less. Xercise4less are a small UK private company with a flat hierarchy with a few people in each department. Compared to BP who are a worldwide public limited company with a tall hierarchy including a board of directors and directors for each department; something Xercise4less wouldn’t have. Xericise4less started in Leeds and after their success have opened 20 gyms around the UK and plan to open many more in the near future. They have a board of directors and departments within the gyms with a small number employees due to their small scale. In comparison, BP operate in over 80 countries with approximately 17,200 retail stores with over 84,500 employees amongst departments around the world which is significantly larger than Xercise4less. Despite being very different in size both companies have supportive roles which are similar although have a difference in employees. In BP they have certain support roles including, Reception, Post, Administrator, Finance, IT, Security, Marketing, Personal Assistant,
Business Objectives.
AVCE BUSINESS ASSIGNMENT E2, C1 BUSINESS OBJECTIVES Corporate objectives are the goals that the whole organisation is trying to accomplish. The aims, which are set out on a mission statement, form the foundation upon which these targets are developed. These strategies are the organisation's plan of action which, when implemented will lead to the feat of the corporate objectives. Sainsbury's plc also have a mission statement and these help the company attain their targets so they can be the best in providing customer services. "The group's objective is to meet its customer's needs effectively and thereby provide shareholders with good, sustainable financial returns. It aims to ensure all colleagues have opportunities to develop their abilities and are well rewarded for their contribution to the success of the business. Its policy is to work with all of its suppliers fairly, recognising the mutual benefit of satisfying customer's needs. It also aims to fulfil its responsibilities to the communities and environments in which it operates." (www.sainsbury's.co.uk) Sainsbury's mission is to be the consumer's first choice for food, delivering products of wonderful quality at a competitive cost through working faster, simpler and together. > Quality food is a priority for their customers and a key component of the Sainsbury's brand. The company have invested in food ranges,
Business Objectives.
Objectives Objectives are a vital part of IBC, without the objectives the company would not know what they are aiming for and therefore would not achieve any goals. Here are IBC's main objectives: Objective 1- Make Money This is a very important objective, as without making a profit, they would go into losses meaning they have to shut down. Without profits, there would be no pay rises for the labourers and not enough money to buy new technology for faster, enhanced, and efficient production. Objective 2- Please Customers IBC are there to please customers, because if they please their customers, they customers may pass on the word about the products of IBC to other people, which would mean more customers, or also the same customer could continue buying from IBC creating a customer relationship. However, if the customers were not please they would not want business with them anymore. This means if peoples wants decreased, there would be less demand meaning not enough money made. This would reflect on the running of their business. Objective 3- Job Satisfaction/Security They want to provide people with jobs so the workers can support their family. However, without the workers, the business would not be able to run. A good working environment is always a key part in a business. You may think that owners would not care what the conditions are like but this is a very
Business Ownership.
(E1) Business Ownership There are many ways in which business can be organized. It can be from a small one-man business to a multinational organization. The business ownership is mainly divided into different sectors. In this part I am going to explain about two types of business ownership. . Private limited company 2. Public limited company (plc) Private limited company The limited company is fast becoming one of the most common forms of business organization. When a small business expands there is need for extra capital. The proprietors may start the business as a limited company just to obtain the benefits of limited liabilities. The partners may decide to turn the business into limited company to raise this capital. A limited company is a separate organization in law from its shareholders and directors. The main points of private limited companies are: * The name of the company must end with the word 'limited'. * There is no limit to number of shareholders. Advantages . Limited company can continue even after the owner dies. 2. With limited liabilities company is able to attract capital from public. 3. The founder of company can usually keep control of it by holding majority of the shares. Disadvantages . The company is not allowed to appeal to public for extra capital. 2. The accounts of the company must be filed annually by the Registrar of the company.
Business Ownership
NAME: Lashana Ricketts FORM: 10LE TEACHER: Mrs. Barton TYPES OF OWNERSHIP NUMBER: 1 The 6 main business ownerships are: SOLE TRADER: A sole trader business has 1 owner only usually a small shop e.g. Green Grocers, Local newsagent, Nail shops. The owner usually trade only with their family name. They are responsible for all the decisions and problem solving. They would raise the finance themselves or get a bank loan. Also owned financed and controlled by one individual but can employ other staff. A sole trader business is easy to set up. Being a sole trader make you have the only decision that are to be made. PARTNERSHIP: It has between 2-20 owners. Usually businesses like; local shops, solicitors, dentists, builders etc. The partners have responsibility for raising finance. They would share the decision-making process and the profit between them under ''The Deed of Partnership Act (1890)''. (The Legal Contract), Partnerships have unlimited liability. PRIVATE LIMITED COMPANIES: They are generally smaller than a public limited company. Common examples are family businesses such as garages, builders, shops, and local coach companies. The shares are not available for sales to the public and are normally owned by people who run the company. The shareholders are normally the directors of the company. PUBLIC LIMITED COMPANIES: (PLC) is normally larger than a private
Business Plan
Products and Services Sew Distinct manufactures all-cotton, high-quality, custom quilts with original designs. Through my design process, my customers work with me to provide the information, ideas, and sometimes even images (like photographs) that allow me turn their intentions into beautiful works of quilt art. When completed, my quilts are hand-delivered or shipped securely to my clients, or, if they prefer, to the intended recipient of the gift, along with instructions on the proper care and maintenance of their heirloom-quality quilt. 3.1 Product and Service Description I make six different quilt options, which are differentiated by size into "Crib Quilts" (for babies and children), Queen-Size Quilts, and King-Sized Quilts, and by quilt type (machine quilted or hand quilted). Use of hand-dyed fabrics, larger sizes, and special requests or processes (including photo transfer, etc.) will require additional charges and completion time. Crib Quilts Quilting Type: Price Time Machine £600 3-4 weeks Hand £750 4-5 weeks Queen-Sized Quilts Quilting Type: Price Time Machine £1,000 6-7 weeks Hand £1,350-1,500 8-9 weeks King-Sized Quilts Quilting Type: Price Time Machine £1,500 7-8 weeks Hand £1,750-2,000 9-10 weeks Price and time variables are determined mostly by the intricacy of the image and quilting designs requested, and reflect
How businesses develop.
Private limited company Introduction In this assignment I will be writing a report on a Private limited company. The private limited company that I will be writing a report on is Littlewoods. Littlewoods is one of the largest private limited companies in England. Littlewoods also is famous for its stores, football pools competition, and mail order catalogues. Littlewoods is a family run firm and is privately owned. There is a chain of stores all around England. Benefits for the owner A private limited company is not very hard to set up. Sometimes owners may only invest £100 or £200 each to start of with. A private limited company can stay small; this is because private limited companies have only three or four shareholder. The minimum is one director and a shareholder. There is not a limit of shareholders. The owners and shareholders work in the business everyday, and have a lot of interest in the business and the success of the business. The shareholders and directors are responsible for the running of the business. Shares cannot be sold to the public, but can be transferred with the agreement of all shareholders. The reason why shares cannot be sold to the public is because with the public owning shares it will mean the owners will not have direct control over the business. Banks are more willing to make loans to a limited liability; therefore it must have a good
