Wace Burgess Case Study
Wace Burgess Case Study Wace burgess is a business that produces cards for other organisations. These are mainly cards for special occasions, which include Christmas cards, everyday cards and special day cards, which are Valentine's day, Mother's day, Father's day and Easter cards. Wace Burgess is not a big company but quite successful, their main customers include creative Publishers and retailers. Wace Burgess was not the leading competitor in the market but they certainly wanted to be. They were in talks of producing cards for M&S; this was one of ways Wace Burgess could get ahead in the market. The question was will they be able to cope with such a big order? Q1. What are the external performance objectives for the M&S business, and how do these differ from those of existing customers? The external performance objectives for the M&S business are they need high volume but low variety; this would be of mass production. They only need a few designs but they are requiring 600,000. This is highly unusual for the company because they only usually get orders for about 8,000 at a time on average. This meant they were on a low volume basis, usually done in batches. For the M&S business the mass processes mean that the company will need hardly any change over because they require a high volume of the same type of card design, whereas before there were many change over because
Understanding Discipline
Understanding Discipline Authority and the Nature of Authority P5, P6, M4 Russ Sheath Authority: 'The right to control or direct the actions of others; legitimized by law, morality, custom or consent.' www.mdk12.org/mspp/vsc/social_studies/bygrade/glossary Authority is very important in the Uniformed Public Services as this allows for members of higher rank to be obeyed when giving out orders. Authority is the power and responsibility placed upon someone to control subordinates. An example of authority would be a Drill Sergeant giving drill commands to a squad when doing drill; the Sergeant has been given the necessary authority and responsibility to perform this. Authority can be shown in many ways such as rank, tradition or by law. Describe four types of authority There are four different types of authority and these are authoritarian, dictatorial, consultative, and participative. Authoritarian authority is a type of authority where there is a strict hierarchy, and order always gets passed down it. All orders given must be obeyed and carried out. And where orders are not completed there is bound to be punishment. This is based around leaders because authoritarian leaders do not take advice from subordinates. Some would describe severe authoritarianism as dictatorship. Dictatorial authority is a very severe version of authoritarian authority. There is a hierarchy
BTEC national Business Unit 1 P1
UNIT 1: Exploring Business Activity Deadline Date: 30th March 2010 As part of your ongoing training, your manager has suggested that you explore business activity. You are going to carry out an investigation into two contrasting businesses Tesco and the charity Children In Need. Outcome Activity 1.1 Pass 1 - I am now going to describe the type of business, purposes and ownership of Tesco and the charity Children in Need. Description of Tesco business activity Tesco is a UK Based International grocery and general merchandising retail chain. It is the largest British retailer by both global sales and market share. Based on revenue it is ranked third out of the global retailers. Wal-Mart (commonly known as ASDA) and Carrefour (a French company) are currently first and second. Originally Tesco only sold Food and Drink but now they have diversified into areas such as Petrol, Insurance, Clothing, Electrical Goods and many more. Description of Location Tesco is an international company based in the UK. Tesco branches are based in vari0us locations from the centres of towns to in the middle of high streets. Unlike other companies, Tesco have smaller stores as well as their big supermarkets. These small stores can obviously be installed in small local areas which provide an easier service for the public to use. As Tesco is an international business, it also has stores in
ICT in Business
ICT in Business The main aim of this assignment is to establish the growth of E Commerce within British Retail. In order to do this appropriate research methods must be carried out which will mainly be done via internet. The two main E Commerce businesses I have chosen to research are Amazon and eBay, which are the two major e commerce stores currently dominating the online market. British Retailing is also named as 'E Tailing', e-commerce consists of the buying, selling, marketing, and servicing of products or services over computer networks. The information technology industry might see it as an electronic business application aimed at commercial transactions. Out of the two chosen e commerce companies it has proven that eBay is one of the main dominating companies it has been predicted that by April 2010 online shopping will have expanded by 320% resulting £60 billion a year and accounting for 20% of all UK sales. Amazon was launched in 2000 and has taken on alliances such as 'Cars Direct', 'drugstore.com' and 'wireless phones.com' which has a connecting link to other British retail stores online. By Amazon and eBay using e commerce as source of British Retail it will enable consumers to access products a lot faster which will save time as opposed to going out and physically going to have to buy them. The benefits of using ICT within this specific area of British
How employee performance is managed and measured at a business
Assignment 4-How employee performance is managed and measured at a business .0 Introduction I will write a report regarding an employee working at Tesco, and analyse how Tesco look at their employees and review their performance and see how they manage them. This is so that they can get the best performance out of them, as different people need different ways of managing them. This leads to performance improvement, the measures leading companies use to effectively manage employee development, rewards and recognition, recruitment and selection, and employee satisfaction and morale. 2.0 Findings 2.1. How Tesco manage and measure a performance of an employee Tesco is a global company and for them to remain one of the best they must man manage their staff, and measure how well they are performing as an employee, this not only benefits the company as sales will be better but also the employee can see what areas they are exceeding at, but also what areas they can improve upon. Performance Management- There is many approaches that Tesco take upon to the development of a sound performance management system with employees. Tesco believe that an employee must have clear work plan objectives that are aligned with the goals of the company, measurements to assure whether an objective has been achieved, such as has the employee reached their sales total of the day. An assessment of
McDonalds Marketing Analysis. Explain the marketing techniques used by a given organisation and analyse how and why these techniques have been chosen.
Introduction In this assignment I will explain the marketing techniques used by a given organisation and analyse how and why these techniques have been chosen. The marketing techniques I will talk about are SWOT and PESTLE analysis and also the Marketing Mix. The organisation I have chosen for the purpose of this assignment is McDonalds. a) PESTLE analysis Marketers use PESTLE analysis to investigate the outside environment in which an organisation is operating. SWOT analysis A common approach by marketers is to use SWOT analysis to draw together all the evidence from the various analytical techniques used. It is a way of producing a summary which then provides the basis for developing marketing objectives or aims and ultimately strategies or plans. Marketing mix The marketing mix provides an excellent framework for developing marketing plans. The marketing mix is considered to be made up of four parts price, place, product and promotion. Source: BTEC national business book 1, 2nd edition, etal David Dooley Now I will explain how marketing techniques have been used by McDonalds. PESTLE Political factors McDonalds have used PESTLE analysis to identify ways in which their business is affected by the outside environment in which a business is operating. PESTLE helps McDonalds to identify the political policies such as the national minimum wage and the amount of tax
Marketing case studies - Asda and John Lewis
Marketing Task 2 meeting consumers' needs ASDA meet the needs of customers by providing a large Varity of products and services at competitive prices. The changing of products introduces new ranges, i.e. introduction of home furniture. ASDA understands what customers want and give them a range of products and prices to choose from. Keeping ahead of competition ASDA are continually advertising to promote new products and services, developing and introducing new ranges and continually identifying what customers want, offering value for money, monitoring the competition and providing customers with what they want. Communicating effectively with customers ASDA communicate effectively with consumers through different forms of advertising and promotion. This includes TV, adverts, newspapers, magazines, to support new promotions, catalogue for ASDA direct for convience, there website, in store sales promotion, signs, customer service desk and the employees that work within the store. ASDA promote the phones that they sell via all the above, offering special offers to encourage the customers to purchase them. Utilising new technology Customers can shop online ordering products from home delivery, including food, clothing and electrical etc. ASDA have utilized technology to improve performance, hence the global retailer. ASDA sell electric products, they have moved in to the
Primark. The company I have chosen to look at is Primark, in this report I shall be looking into the operations management. Followed by the inputs, transformations and outputs to the company.
PRIMARK Contents Page Title Page Page N0 Contents page .0 Introduction 2 2.0 Operations Management 2 2.1 Primark 3 3.0 Managing Process 3 3.1 Inputs 3 3.2 Transformations 4 3.3 Outputs 4 4.0 Capacity Management 5 4.1 Forecasting Demand 6 4.2 Utilisation of Resources 7 4.3 Yield Management 7 4.4 Type of Demand 8 4.5 Human Resource Management 8 5.0 Improvement 0 6.0 Conclusion 0 7.0 Bibliography 1 8.0 Appendix 2 OPERATIONS MANAGEMENT AND DECISION MAKING .0 INTRODUCTION The company I have chosen to look at is Primark, in this report I shall be looking into the operations management. Followed by the inputs, transformations and outputs to the company. Then discussing capacity management in terms of what it means and how it affects Primark's organisation. In this report I shall expect to analyse the operations management according to Primark business, and additionally how it could possibly improve. As an employee of Primark, I am aware of how it operates internally, and hope to express this information into my report. My main sources of information regarding Primark, is primary data, as I was able to have a detailed discussion with the store manager of Primark, Mr Costello. Furthermore, I have also obtained secondary information from, the Internet and books. 2.0 OPERATIONS MANAGEMENT Finance, marketing and operations are three major
Evaluate how Cash flow forecasts, Break even charts, Profit & Loss statements and Financial recording systems can contribute to managing business finances Distinction
Evaluate how Cash flow forecasts, Break even charts, Profit & Loss statements and Financial recording systems can contribute to managing business finances -Distinction Introduction Financial control is a vital part of any business. If you lose control it will almost certainly result in your business spiraling into bankruptcy. A wise way to avoid this is to simply record your past cash flows, your current patterns and use the information to construct documents I will explain in detail. These can all be made simply by keeping the required information. Do not forget that all of the information from each document cannot tell you exactly how your company will perform in the future, but it can give you a good guide. I will also include relevant pictures to show what these documents should look like. Cash Flow Forecasts Cash flow forecasts are a great way to estimate how your company will perform in the future. They are the standard way to find where your business will peak and trough in its revenues. It is also a handy way to see how much money your business has recently if it is up to date, since it lists closing balances. You can also check your trading profit (Sales capital minus costs) and revenue, (Capital from sales) whilst also having your capital from last month and costs from the current month easily displayed. These are helpful for a business because they are quick and
PEST analysis of Tescos.
Unit 1 investigating business External environment PEST factors Amendments . Political factors Laws passed by parliament have played an important role to affect Tesco's performance for a long time. For example, a minimum wage is the lowest wage that employers have to legally pay to their workers. To put it another way, it is the lowest wage at which workers may sell their labour. The Minimum Wage Act 1998 sets a minimum wage across the United Kingdom, which is currently £5.80 per hour for workers aged 22 or above and £4.83 per hour for workers aged 18-21. This Act could restrict Tesco's performance to maximise their profits as they will have to pay the minimum wage at least or more for all the people working for Tesco. A wage is an expense as it is money going out of the business. However on the other side, it can help Tesco to achieve their aims in long term. For instance, if employees at Tesco get paid the right amount or more they deserve they will be happy to work for Tesco for a long time therefore Tesco can cut unnecessary spending such as training fee for the new staff and advertisement for the job vacancies. Another Act to be considered is the Food safety Act 1990 that regulates statutory obligation to treat food for human consumption in a managed way. The key fact is that food must comply with food safety requirements. This Act aims to ensure that all food
