assignment 1
Assessment activity 1.1
Terms of Reference
The aim of this report is to describe the different types of business organisation that operate in the UK. This will include a comparison between a Limited Company and a Charity in terms of their ownership, aims, sectors of activity and main stakeholders. For the report, I have chosen to investigate Sainsbury’s and RSPCA.
Procedure
In order to find the information, I used the following methods:
Internet – http://www.google.co.uk
The organization Website – www.sainsburys.co.uk and http://www.RSPCA.co.uk
BND Business Book – BTEC National Business Book 1
Findings
The type of ownership is Sainsbury’s are public limited company (plc) – has its shares bought and sold on the stock exchange. left1079500The key stakeholders for Sainsbury’s are;
Customers – they want a company to produce high quality, value for money products. They like to see improvements that give them better value for money.
Employees – their stake is that the company provides them with a livelihood. They seek security of employment, promotion opportunities, and good rates of reward. They also want to work for a company that they are proud of.
Suppliers – want steady orders and prompt payment. They also want to feel valued by the company that they supply.
The type of ownership RSPCA fit into is charitable trust; this is set up to raise funds and support other people and animals for good cause.
The key stakeholders for RSPCA are;
Employees – the employees will need to be happy to be working on a voluntary basis and also need to be caring for the animals that are suffering. right1016000Governments – the government wants the business to be successful – it wants to see prosperous businesses that take a full responsibility in looking after the welfare of society.
Local and national communities – the actions of business can have a dramatic effect on communities. Community leaders therefore represent important interest groups.
Conclusion
The
Terms of Reference
The aim of this report is to describe the different types of business organisation that operate in the UK. This will include a comparison between a Limited Company and a Charity in terms of their ownership, aims, sectors of activity and main stakeholders. For the report, I have chosen to investigate Sainsbury’s and RSPCA.
Procedure
In order to find the information, I used the following methods:
Internet – http://www.google.co.uk
The organization Website – www.sainsburys.co.uk and http://www.RSPCA.co.uk
BND Business Book – BTEC National Business Book 1
Findings
The type of ownership is Sainsbury’s are public limited company (plc) – has its shares bought and sold on the stock exchange. left1079500The key stakeholders for Sainsbury’s are;
Customers – they want a company to produce high quality, value for money products. They like to see improvements that give them better value for money.
Employees – their stake is that the company provides them with a livelihood. They seek security of employment, promotion opportunities, and good rates of reward. They also want to work for a company that they are proud of.
Suppliers – want steady orders and prompt payment. They also want to feel valued by the company that they supply.
The type of ownership RSPCA fit into is charitable trust; this is set up to raise funds and support other people and animals for good cause.
The key stakeholders for RSPCA are;
Employees – the employees will need to be happy to be working on a voluntary basis and also need to be caring for the animals that are suffering. right1016000Governments – the government wants the business to be successful – it wants to see prosperous businesses that take a full responsibility in looking after the welfare of society.
Local and national communities – the actions of business can have a dramatic effect on communities. Community leaders therefore represent important interest groups.
Conclusion
The