Sumaiya Kassam 12M P2-Describe the different stakeholders who influence the purpose of two contrasting businesses. In this report I am going to talk about the different stakeholders who influence in two contrasting businesses. The main key stakeholders in a business are: Stakeholders- a stakeholder is a person, group or organization that has interest or concern in an organization. (www.businessdictonary.com) Carlsberg Customers- who would want to buy goods and services that meet their needs at
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with the main objective of profit. Hicks farm has a flat organizational structure where only two general managers have control over all other employees. Bishops stopfords school is a public sector business which has an objective of providing qualifications to young people. The school has a tall organizational structure which have an abundance of managerial roles including heads of departments and assistant head teachers. Missions and values This conveys the values and overall aim of the business
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Organisational structure defines how activities such as task allocation, co-ordination and supervision are directed the achievement of organisational aims – shows the organisation hierarchy. Organisational structure is important as it provides a guideline to employees by laying out the relationships that oversee the workflow of the organisation. This means that it establishes the effective lines of control and communication. (Ingram, 2015) It is also important because it helps an organisation
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Assignment 1 Task A 1. The aim is what an organisation is trying to achieve. The objective is the steps that are taken to achieve an aim. Examples of aims: * Increasing market share * Growth of profit * Survival 2. SMART objectives: * Specific: Clear objectives of what they want to achieve; * Measurable: The organisation has to measure whether they could achieve or not; * Achievable: the organisation sets up objectives so he could achieve it; * Relevant:
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Using aims and objectives to create a business strategy Using aims and objectives to create a business strategy Introduction Kellogg is the world's leading supplier of breakfast cereal with 39 brands and a 42% share of the UK market. Kellogg's success is achieved through the use of a carefully planned strategy. It sets clear aims and objectives and uses the strength of its brands to help it reach them. Kellogg manages its brands to ensure that each has a unique position in the minds of its customers
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1. Go onto http://tutor2u.net/business/presentations/marketing and write up what is meant by ‘objectives’ Goals and targets that firms set themselves to achieve and which provide a focus for decision making and for devising strategy. 2. Research what the Private Sector’s broad aims and objectives are. The aim is to maximize the profits for shareholders and owners. The nature of the private sector in a market economy means that consumers are best served if companies are competing to
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The Research Proposal Guide The purpose of this section is to make you aware of what you need to do in preparation for doing a research project. This covers activities like scoping a research project or dissertation, identifying a feasible research idea, managing your supervisor and time and resources, and completing a pre research checklist On completion of this section you will achieve the following learning outcomes: 1. Identify and evaluate the various elements required in preparation for
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different types of goods such as electronics, cloths, toys and etc. This means Tesco has now got more people to come into the supermarket for a reason to buy goods. The other business I will be looking at is Oxfam. Oxfam is an international charity. Its aim is to find ways to stop poverty from happening in places like Africa and Asia. They do this by getting people to donate money clothes and money which will then get off loaded to countries in Africa, Asia and even to the poor people in Europe. The organisation
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command or line of control and sets out important aspects of how communication takes place. The organisational structure controls organisational activities to avoid conflict and individuals making decisions. The structure depends on the organisations objectives, purpose and strategy. The top layer of the structure usually has the most power and control of the businesses decisions.[1] There are several different organisational structures, these include flat, hierarchical and matrix. They all are in place
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they influence the businesses. Holly Lodge provides education to its customers, and some of their aims and objectives are being committed to academic progress and supporting students to the best they can be, and prepare them to be responsible citizens with a shared set of values and sense of community as well as compassion and responsibility etc. For McDonald’s they have many aims and objectives such as they’re committed to providing quality food quickly that their customers can trust with the
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