Describe the main job roles and functions in Toys'R' us.
Unit 4 – People in Organisations P1 P1 - describe the main job roles and functions in an organisation The main job roles within an organisation are Directors, Managers, Supervisors and Operatives. The job role for the director will be basically the one who manages the business right at the top. However doesn’t necessarily own the business so meaning the director can get sacked by senior shareholders in the business. The director also looks after shareholders interests and also decides the strategies and business plans. This means the director decides what direction the business will go in and will also decide on the aims and objectives in the business that will hopefully motivate the employees which will include the managers, supervisors and operatives. In Toys r us the director will do all the jobs mentioned above and will also decide on how much each employee will get paid. The job role for the manager in Toys r s will be checking performance of the employees also managing the stores they are in charge of. Also the manager’s job role will be below the directors meaning the manger will take orders from the directors and these orders will have to be obeyed. Other roles the manager faces are setting targets for the employees, motivating the staff, problem solving and also in worst case scenarios dismissing staff. The manager must focus on specific
A business plan is a detailed statement that sets out proposals for a new business.
Business Plan . A business plan is a detailed statement that sets out proposals for a new business. The reason business plans are made is because it explains the ways in which existing businesses could be developed. Planning a business involves researching and collecting information, and analysing and presenting this information in a way that decisions could be made. Business plans should contain the following: * A summary outlining the proposals key features. * Statements of the businesses aims and objectives * A description of the business to be started. * Market research data, which can be used to make support sales forecast. * Details on an operational requirements such as IT, machinery and production facilities. * Other resources required such as finance and staff. * Information about the manager or the management team of the business. * Financial forecasts that show profit or loss for the first 2 years. 2. A business plan consists of three plans. They are financial plans, marketing plan and operation plans. The financial plan includes the sources of finance that are used to run the business with, a balance sheet and cash flows and budgets. The marketing plan is all about how you're going to promote your business. This may consist of promotion, target market, which the competitors of the business are and the prices of products. The operation plan is
The different business ownerships are: Sole trade is a business run by individuals to make profit.
Investigating Business Part 2 The different business ownerships are: . Sole trade is a business run by individuals to make profit. An advantage of a sole trader is all decisions can be made by yourself, which gives you more control of what happens in the business. Another advantage is, it is simple and cheap to start up and you won't need to borrow large sums of money in order to keep your business successful. A disadvantage is that they often work long hours and don't get many holidays and when they do, they are limited. Another disadvantage is it may be hard for the sole trader to raise a capital to start the business or even for the growth of the business. 2. Partnership is a business run by more than one person; more one owner usually contributes to the capital to establish the business. An advantage of being in a partnership business is that it may be easier not having the sole responsibility for major decisions, there can be more than one person to help and contribute if needed. Another advantage is that it is less stressful than being a sole trader; partners can cover for illness holidays etc. A disadvantage is partners may have a disagreement and there could be a possible break up of the business. Another disadvantage is unlimited liability, meaning that if their business suffers from bankruptcy they can be sued directly, and personal belongings can be taken away
Developing customer relations
Developing customer relations Internal customers Internal customers are the staff or employees that is needed to operate the business such as managers, supervisors etc. Internal customers are depended on each other to do their work. E.g. to complete the task of a supervisor the work team under him/her must be able to do their work or if an employee cannot provide the correct information, then it should be referred to a colleague. Some examples of internal customers are: Supervisor An employee who has the power to give instructions and/or orders to his/her subordinates and would be responsible for the work his/her subordinates do is a supervisor. A supervisor would need to know what exactly his/her subordinates do and the instruction and orders given to them. He/she would expect his subordinates to follow his instructions or orders and respect him/her. The supervisor would expect to get a good salary. He/she will be expected to motivate the employees. Manager A manager is one who handles and controls or directs the management of an organisation. A manger would operate on a higher level than a supervisor. A manager would need to know about the business he is working in and organize and set the rules of business accordingly. A manager would expect his subordinates to do their job and also obey the instructions and orders given by him. He/she would also expect respect
business
GCSE Citizenship Studies 3280 (Short Course) 3280/02: Participating in Society, Internal Assessment Front Sheet Centre Name Theresa olubakinde Centre Number 1026 Candidate Name oluwatobi olubakinde Candidate Number 4122 This form is designed for electronic completion and where necessary boxes will expand as you type. Once fully completed, this form must be printed for submission and both teacher and candidate authentication statements signed by hand. Please ensure that all pages are fastened securely prior to submission. Description of Citizenship Activity Describe how you participated in a school or community based activity. The activity was (please select as appropriate): a. Describe the activity As a whole class we learnt about the differences about charities and youth philanthropy initiative (YPI) we then were instructed to get into groups to raise a sum of money for a charity to present to the class referring to charities based on these headings, domestic violence, homelessness, caregivers, rehabilitation, poverty, unemployment, living with health problems, immigrant/refugee and rehabilitation. b. Describe your role In my group of five my role was to make sure the presentations were completed, this was done by asking my assistant if she has also completed the part of the charity presentation and me completing it and checking it by reading it
Sole traders, advantages and disadvantages. Government grants to help small businesses.
Sophie Pattinson 10T11 4th November
Business - Review PLC and Ltd
GCSE Business Studies -
