GCSE: Business, Companies and Organisation, Activity
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Cadburys Stakeholders
For example 4 years ago was the ?salmonella scare?. Cadburys had to bring back all there products from the shelves, and get rid of other batches. This cost a lot of money for Cadburys. Another interest in Cadburys would be job security. As swell as being in the recession and at risk of being made redundant, Cadburys is said to be moving all production over to Poland by the new owners Kraft because it?s cheaper, therefore all Cadbury workers in this country would be jobless.
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Different Types of Finance and Business Ownership
15 Doyle Term loan from a bank: A term loan is a source of finance obtained from a bank. A term loan will be paid back over a number of years, but the bank will have to consider a number of factors to see if they can give the loan out. ( the quality of the business plan, the collateral available to secure the loan, the capacity of the business to repay the loan) pg. 16 Doyle Lease finance: A lease is an agreement to rent an item of plant and equipment for a fixed number of months and years, there are two types of leases.
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Business Studies- Unit 1- Stakeholders
It is for this reason as to why employees take interest in the profitability and success of their business. Also, if an employee?s business is unsuccessful, some may have to be made redundant. Job sustainability is of very high importance to most employees and will do everything their power to make sure that they are not made redundant and they therefore must try harder to keep their job. In addition, employees expect respect and truthful, effective communication to come from their managers- if an employee does not receive this, an employee may feel unnecessary, unwanted or an outsider from what should be a very strong team within Coca Cola Wakefield.
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Business Studies- Unit 1- Organisational Structures
Organisational Structures: An organisational Structure arranges such tasks as supervision, coordination and allocation. These structures make the business much more ordered and simpler to follow as every employee knows their place and responsibility to the business. Organisational structures are commonly drawn on an organisational chart. Organisational Structures also coordinate, control and help motivate employees toward the organization's goals. The most common business structures include functional, divisional, matrix, hierarchical and horizontal. Hierarchical Structures- A hierarchical structure, or hierarchy, is a type of structure common with most large businesses as it can take into account the chain of command from the managers right to the subordinates The structure is usually visually represented as a pyramid as there are usually few employers at the top and many employees at the foundation.
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Business Studies- Unit 1- Business Ownership
Your business name is not allowed to be the same or too similar to that of another business. If this name does conflict the business of another owner, you could face legal action from the owner of the other business. Check phone books, trade journals and magazines to ensure against any clashes. Also check records of the National Business Register. If you yourself cannot be sure that you have checked all names similar to your own, contact a solicitor. A solicitor will make all necessary checks and also make sure that no business in the future will not conflict your business by trading under a name that is the same or too similar.
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Business Studies- Unit 1- Business Aims
if a proposition is not approved by all parties, an alternative should be considered. 4. Realistic: the target is possible given the market conditions and the staff and financial resources available. E.g. If the business aims to gain profit during a recession by increasing its prices, this is unrealistic and therefore no in keeping with the SMART acronym. 5. Time-bound: the target will be met within a given period of time; a commitment to a deadline helps a team focus their efforts on completion of the goal on or before the due date.
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Describe the type of business, purpose and ownership of Help for Heroes and Topshop.
They are a national company based in England only. The Help for Heroes Company are a registered UK charity, but also have a profitable gain, they do exactly what is stated and all donations are given to the charity. But they also sell Help for Heroes merchandise such as wristbands etc. these go towards the running cost of the company and to the owners. The donation that Help for Heroes have received since October 2007 is £105.377M.
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Good customer service help business performance - Unit 11 - Task 2 ( Business Study)
For Example, Providing the excellent customer service such as, being friendly, open, engaging and helpful to your customers would raise the amount in company. More money means more profit coming into the business. Keeping the loyal customers happy would increase the sales in to the business by making the most sales as possible. Making aims and objective to achieving your goals would raise the amount in to the business. For Example, Tesco plc is extensive businesses which have making profit and some loss because their competitor?s are really competitive.
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Different types of customers at TESCO - Unit Eleven: Keeping customers happy - Business Study
(10) (18) – – – Profit for the financial year attributable to equity holders of the parent (£m) 1,570 1,892 2,124 2,1333 2,327 Underlying profit before tax5 (£m) 2,277 2,545 2,846 3,124 3,395 Enterprise value7 (£m) 30,841 40,469 37,656 35,907 41,442 Basic earnings per share8 20.20p 23.61p 26.95p 27.14p3 29.33p Diluted earnings per share8 19.92p 23.31p 26.61p 26.96p3 29.19p Dividend per share9 8.63p 9.64p 10.90p 11.96p 13.05p Return on shareholders' funds10 24.9% 26.7% 25.1% 23.5%3 23.0% Return on capital employed11 12.7% 12.6%16 12.7%17 12.8%20 12.1% Group statistics Number of stores 2,672 3,263 3,751 4,332 4,881 Total sales area – 000 sq ft12 55,215 68,189 76,338 88,451 93,985 Average employees 368,213 413,061 444,127 468,508 472,094 Average full–time equivalent employees
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I will talk about Asda which is a private limited company, and look at how it has change in response to changes in the business environment
Therefore, although this was originally conceived as a profile of Asda, it is impossible to write it without continually referring to Wal-Mart. Asda has been criticised for misleading advertising, using suppliers who are known to have illegal employment practices, ignoring planning regulations and destroying greenbelt land, lack of serious environmental policy and blatant green wash. With its ?strategy of consolidation?, copied directly from Wal-Mart, Asda pursues an aggressive takeover policy of small towns, wiping out local competition and local jobs.
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Aims and objectives for a sandwich business.
This is because public business are owned by councils and governments who are focused on keeping their residents business. Voluntary organisations (charity) usually have aims based around the service they provide, the people they help and the work they strive to continue. Objectives are more specific than aims they usually include specific, measurable, achievable, realistic and time-constrained points. They are set over a short time period and are reviewed in the next 5-6 months.
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Aims & Objectives of a Business - comparing the NHS with McDonalds
The NSPCC has an aim of survival. This is because the charity does not want to make profit; it just wants to continue to exist. Break ? Even Breaking even is a method of survival. This is where a business aims to make enough money to cover the total costs. So the business does not make a loss, neither does it make a profit. Again the NSPCC is an example of a business which employs this aim. The charity aims to break-even so it can at least cover all costs then everything else it gives away.
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Describe the Business Purposes of Four Different Businesses.
To Inspire Moments of Optimism... through our brands and our actions. To Create Value and Make a Difference... everywhere we engage." Profit: Maximize long-term return to shareowners while being mindful of our overall responsibilities. http://www.thecoca-colacompany.com/ourcompany/mission_vision_values.html The main purpose of Coca Company is to supply their product to stores, restaurant, hotels and those organisations sells them to customers. Coca Cola Company produces more than 500 products including soft drink with different favours from their manufactures and sells them to different business like Asda, Tesco, Dominos Pizza, Holiday Inn, Greggs etc. Coca cola is know as secondary sector because supplies goods to others company.
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Describe different ways of gathering business information.
This data is raw data which is collected first hand. Also, the data can reflect public views and is reliable. But, it can take time to process and if second hand data is easier why not just use that? Secondary data has already been collected so that?s what makes it easier to get hold of. This also means that you can get a variety of information in a short amount of time. But secondary data can have its drawbacks; you could spend a good chunk of your time on sites that are irrelevant to what you want to find out.
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What is PR?
But even though media remains very important, and PR today is about more than just mass media. According to British academic Kevin Moloney, PR is propaganda, but this view assumes all PR is misleading and involves deception and distortion. And it also ignores the role PR plays in building relationships with publics or stakeholders. Literally, ?relations with publics? which today is more commonly referred to as ?stakeholders?, such as media, pressure groups (aka activists), customers, shareholders or investors, and employees,communities,governments,suppliers, competitors and trade/industry/professional bodies. Everyone has PR, Having ?public relations? is not a choice, the choice is whether to identify and manage significant relationships or not.
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