case study on kerry group
Introduction
As part of my business management assignment I have been asked to investigate and evaluate the internal and external environment of an organization and the impact of change on an organization I intend on outlining the purpose, mission, vision , objectives and structure of this organization, explain the relevance of the type of structure. Do a pest and swot analysis and evaluate the impact of change on the organization , I will be completing this assignment with the aid of the website , Kerryfoodgroup.com the internet and my class notes.
Aims
The aims of this assignment are to ensue I cover the following aspects:
Relevant information appropriately presented
Understanding and knowledge of chosen topic clearly demonstrated
Present relevant data and statistics that support my work
Comprehensive evaluation of topic clearly demonstrated
Conclusions and recommendations bibliography
Organisation types
I am going to explore the following organisation types:
Sole Trader
Private limited Company
Public limited Company
Co-Operative
Sole trader
A sole trader is a type of business entity that allows one person to be solely responsible for the financial dealings of the business. The benefits and disadvantages of being a sole trader
Advantages
You are your own boss .
Set your own working hours.
Pick your rate of pay.
Easy to set up.
This form of business ownership has fewer regulations than other systems of ownership do.
And another major benefit of operating as a sole trader is the ability to exert full control over the business
Disadvantages
Unlimited liability
No sick pay.
All pressure and responsibility is on you.
No one o cover you if something happens
Income tax 20-41%
No one to share decision’s
Suffer all losses
Private Limited Company
Private limited companies are viewed as corporations under the law
As part of my business management assignment I have been asked to investigate and evaluate the internal and external environment of an organization and the impact of change on an organization I intend on outlining the purpose, mission, vision , objectives and structure of this organization, explain the relevance of the type of structure. Do a pest and swot analysis and evaluate the impact of change on the organization , I will be completing this assignment with the aid of the website , Kerryfoodgroup.com the internet and my class notes.
Aims
The aims of this assignment are to ensue I cover the following aspects:
Relevant information appropriately presented
Understanding and knowledge of chosen topic clearly demonstrated
Present relevant data and statistics that support my work
Comprehensive evaluation of topic clearly demonstrated
Conclusions and recommendations bibliography
Organisation types
I am going to explore the following organisation types:
Sole Trader
Private limited Company
Public limited Company
Co-Operative
Sole trader
A sole trader is a type of business entity that allows one person to be solely responsible for the financial dealings of the business. The benefits and disadvantages of being a sole trader
Advantages
You are your own boss .
Set your own working hours.
Pick your rate of pay.
Easy to set up.
This form of business ownership has fewer regulations than other systems of ownership do.
And another major benefit of operating as a sole trader is the ability to exert full control over the business
Disadvantages
Unlimited liability
No sick pay.
All pressure and responsibility is on you.
No one o cover you if something happens
Income tax 20-41%
No one to share decision’s
Suffer all losses
Private Limited Company
Private limited companies are viewed as corporations under the law