Introduction to Business Assignment
Report Introduction to Business Assignment To: Peter Eskesen From: Amish Patel Subject Title: ITB Date: 11/10/2003 AIM: I have been requested by Peter Eskesen to look at two contrasting business organisations and one of who must operate in the secondary/manufacturing industry and the other corporation must be a service provider from the tertiary sector. I must then look at the activities that each of them fulfil and look at the effectiveness of them within each organisation. .1 I have decided to look at the activities of G.E lighting which is an American company and a direct division of the biggest company in the world G.E and the second company of which I have decided to look at is Sainsbury's who is amongst some of the most dominant market leading companies operating in the U.K in the supermarket sector. Both of the companies that I have decided to look at are both owned by shareholders which means that people have bought shares into them. However having said that, as G.E lighting is an American company it means that it will not be listed on the London Stock Exchange but will alternatively be listed upon the New York stock exchange market. If a person wanted to buy shares in GE lighting then they would have to contact a broker. Furthermore, Sainsbury's is also a Public Limited Company because it is like before, listed upon the London Stock Exchange. .2 Today
Describe and explain the objectives of the business
Describe and explain the objectives of the business An objective is a goal the business wishes to achieve in its aim. Businesses exist to provide goods and services. All businesses, whether they aim to make a profit or not, have to make products or provide services that satisfies customer wants or needs. Businesses set themselves objectives that govern the way they operate. For example; Making a profit Surviving. ?Increasing sales or market share. ?Providing services to the community. ?Producing high quality products or offering high quality services. ?Developing a skilled workforce. ?Fulfilling charitable or non-profit objectives such as caring for the environment. All businesses have particular attitudes, values and beliefs that make up their culture. British Airways objectives are: -To be a safe and secure airline. -To deliver a strong and constant financial performance. -To become global leader of worldwide business air travel. -To have a significant presents in as many markets in the world. -To provide a soupier service and value. -To be customer driven. -To have an Equal opportunity policy. -To be a good employer and sustain a working environment that attracts, retains and develops committed employees who share in the success in the company. -To be a good neighbor concerned for the company and the environment. British Airways want
Interpretatiion of Next Plc’s accounts.
INTERPRETATIION OF NEXT PLC'S ACCOUNTS This report focuses on financial analysis of Next plc. Next plc's principle activities are high street retailing, home shopping and customer services management. This report has been prepared on the basis of year 2002 and year 2001's annual report of Next plc. As following, the report analyses Next plc's financial position based on the financial statements and its notes to accounts by using concerned ratios and specific points, such as taxation, trends, and future perspectives. Financial status, cash flow and liquidity In year 2003, both the current ratio and the acid ratio of New look plc looks better than the NEXT.(appendix1) For the current ratio, next is 0.89 and new look is 1.26 in 2003.But that doesn't mean that Next is facing the solvency troubles. In the 2002, next's current ratio is 1.62, however at same time, new look only 1.04. While next's figure somewhat become weaker than new look in 2003. The drop of both the current ratio and the acid test in 2003 indicates the declining solvency of Next plc in the short run. This is quite considerable and we can see the reason from the cash flow statement. The cash flow in 2003 is negative for next, but net cash £314.9 million get from operating activities during 2003 is not bad comparing cash £363.8 million get from operating activities during 2002. The main reason of the
Cadbury Schweppes
Criterion 1F My chosen businesses are Cadbury Schweppes, which is a PLC COMPANY, and Formbend is my LTD company. I chose these two businesses because I love Cadburys chocolate and thought it would be interesting to study and it also has a very informative website. I chose Formbend Tube Manipulators because my Uncle is the Technical Director for the company and said that he would be able to give me all the information I need. I know that there are lots of different Cadbury sites across Britain but my main focus will be the Bournville site in Birmingham. See appendixes and . History of Cadbury John Cadbury founded Cadbury in 1824. See appendix He developed his name as a chocolate manufacturer in 1831 by creating Cadbury's drinking chocolate. See appendix .John Cadbury's first shop was on Bull Street in Birmingham. See appendix .Then in 1847 the business had expanded and needed bigger premises so they moved to Bridge Street, which had its own canal linking the factory to the Birmingham Navigation Canal and the main ports in Britain. John Cadbury retired in 1861 and handed the business on to his two eldest sons Richard and George. The business ran from that site for 32 years, but then expanded even more which found them moving to Bourneville. See appendix .George Cadbury spurred the idea of better living conditions in Britain, which resolved in the Bourneville homes,
Types of Business and ownership.
Type of Business There are different methods of classifying a business and one method is by sector. Businesses have traditionally been split in to two sectors, public and private sector. Public sector This sector comprises government owned or government controlled bodies including: * Public corporations as the Post office * Government departments * Local authorities such as the police and fire dep. Private sector This sector comprises businesses that are directly or indirectly in private ownership. This sector accounts for most businesses operating within the UK. Private sector businesses include: * Sole traders (one person businesses) * Partnerships (groups of people in a business) * Co-operatives (groups of people 'clubbing' together for a specific purpose e.g. A farmers co-operative set up for producing and selling grain) * Franchise operations (where a trader can 'buy' a name and set up a bushiness which is already established and used by other independent operators) * Limited companies (a limited company is a body owned by shareholders set up to do business. The Bank of Cyprus (London) Ltd comes under the private sector, as the company is privately owned. Ownership Another method of classifying a business is by ownership. As I mentioned above, there are different types of ownership in a private company. The Bank of Cyprus (London) Ltd is a limited
Financial Information Analyse Report.
Financial Information Analyses Report SAMPLE For Morrison (w) PLC. (WRW.L) For the 52 weeks ended 2 February 2003 Written by Lin zhang 26.FEB.2004 Company History Morrison (w) PLC.was founded in 1899 by William Morrison, father of current chairman, Ken Morrison. From its origins as an egg and butter merchant in Bradford, West Yorkshire, the company developed into market stalls and on to counter service. Progress was such that in 1958, a small town centre shop was opened. In the 1960s, Morrisons was at the forefront of supermarket development, opening its first store, "Victoria", in Bradford in 1961. And In 1967, Morrisons became a public company and was more than 174 times over-subscribed as over 80,000 investors tried to purchase shares. The company has since achieved a 35 year unbroken track record of sales and profit growth and in April 2001 joined the FTSE 100 for the first time. Today, the principal activity of the company is retail distribution. And Morrisons is the country's fifth largest supermarket chain, with an annual turnover of over 3.9 billion. There are 126 Morrisons supermarkets - from Erith in the South to Carlisle in the North, and across, Yorkshire, Lincolnshire, East Anglia, the Midlands, Lancashire, Cheshire, and into Wales. Morrisons has a 5.9% share in the UK's grocery market and is Britain's fastest growing supermarket chain. The statement
If I was an entrepreneur, what type of business would I start in my local area.
GCSE Business Studies Portfolio Assignment 1 Introduction For my coursework, I have been asked that, if I was an entrepreneur, what type of business would I start in my local area. Below there is a list of the things I need to do: * Research the type of businesses in my area and the competition * What type of business I should start up * The location of my business * The services/products I want to provide * The type of ownership suitable for me * The type of customers which will come to my business * How I will raise the finance for my business * How to work out the profit The Type of Businesses in my Area Most of the businesses in my area are very similar. Like for example, there are at least over ten jewelers shop and about the same number if Indian suit shops, there are also a number of newsagents. Those are the common types of businesses in my area. There are other types of business, as Indian sweet shops, hairdressers, beautician's and small supermarkets. The types of business, which are missing, are really entertainment businesses, for example, video shops, cinema, youth clubs and other type of entertainment businesses. Also to show the other types of businesses there are, I have produced map with other shops, car parks and bus stops in my area. What Business should I set up? There are many different types of business, which I can start in my local area,
Where is Kenya located?
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Advanced Business Economics 4ECQ650
Advanced Business Economics 4ECQ650 Semester 2, 2005-2006 Coursework: Question 1, Mergers and Acquisitions Word Count (excluding titles & appendices): 2481words Name: Josephine Tang Student No: 03071847 Tutor: Nic Zafiris Date: 5th April 2006 TABLE OF CONTENTS Section Page .0 Possible reasons to justify or explain a merger or acquisition 3-4 2.0 Likely motivations underlying the merger between Halifax & Bank of Scotland 5 2.1 Performance analysis before and after merger 6-9 2.2 Influential factors that were influential to the success of the merger 0-11 Appendices A Halifax - Profit & Loss Account 2000 2 B Halifax - Balance Sheet 2000 3 C Bank of Scotland - Profit & Loss Account 2000 4 D Bank of Scotland - Balance Sheet 2000 5 E HBOS - Profit & Loss Account 2002 6 F HBOS - Balance Sheet 2002 7 Bibliography 8 .0 Possible reasons to justify or explain a merger or acquisition It is often suggested that profit-maximising firms are motivated to grow in size; this can be done either through internal growth or through a merger/acquisition. Mergers permit a quick and more certain expansion. However, sometimes a firm is reluctant to lose its independence and is faced not with a merger option but with a takeover bid from a rival. Very often, the main motive behind merger activity is to increase the firm's market power and reduce
onlines business BA, amazone, Ebay
Business Originations Operating online Amazon.com is an American e-commerce/retail company based in Seattle, Washington public limited company. It was one of the first major companies to sell goods over the Internet and was one of the iconic stocks of the late 1990s dot-com bubble. It was founded by Jeff Bezos in 1994, and launched in 1995, Amazon.com began as an online bookstore but soon diversified its product lines by adding VHSs, DVDs, music CDs, MP3s, computer software, video games, electronics, apparel, furniture, food, toys, and more. They also enable independent sellers to sell new and used items on their website via Amazon.co.uk Marketplace. In addition, they give them a variety of resources to help them to make their choice, including customer reviews and personal recommendations. Amazon has established separate websites in Canada, the United Kingdom, Germany, Austria, France, China, and Japan. Website A popular feature of Amazon is the ability for users to submit reviews to the web page of each product. As part of their review, users must rate the product on a rating scale from one to five stars. Such rating scales provide a basic idea of the popularity and dependability of a product. What Amazon offer? * It's led customers browse and search for specific products by subject area -- Books, Music, DVD, Video, Electronics & Photo, Software, PC- & Video Games,
