Preview

Business Report on Boots Plc

Powerful Essays
Open Document
Open Document
7788 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Report on Boots Plc
I have been asked to produce a detailed business report of boots plc. My report will contain:
• The objectives, organisational structure and communication channels that operate within the business.
• An examination of how these factors interrelates in a way that can affect the success of the business.
• An explanation of how quality assurance and control systems help the business to add value to its products.
• Consideration of alternative methods of quality assurance and control.
• Consideration of how well the business is meeting its objectives
• An explanation of the impact of ICT upon the internal and external communications of the business.

E1 the classification of the business according to its ownership and an explanation of the benefits and constraints of this type of ownership.

Business at work

Business ownership is a mixed economy of

• Private sector
• Public sector
• Voluntary sector

The private sector is companies, which are owned by individuals and private organisations.

 Sole proprietor (1owner)
 Partnership (2-20 owners)
 Private Limited company Ltd (2-unlimited number of shareholders).
 Public limited company Plc (2 unlimited number of shareholders)
 Franchising (owned by one or more franchisees)
 Co-operative (owned by 2 or more co-operators)

Sole traders
This is the most common type of organisation and the easiest to set up. Examples of this type of organisation is freelance Internet web page designer, mobile hairdresser, a gardener, a small retailer, electrician or a plumber
Advantages of this type of organisation, is that it is easy to set up and little capital is needed. The owner is the actual ‘boss ', makes all the decisions and gets to keep the profits. They get more of a personal relationship with their customers and a greater job satisfaction.
Disadvantages of this type of organisation, is that it has unlimited liability and the owner could lose their

You May Also Find These Documents Helpful

  • Powerful Essays

    Business Sample Questions

    • 1643 Words
    • 7 Pages

    What is a corporation? Explain the advantages and disadvantages of this type of business ownership? Also, briefly discuss the limitations on a corporation electing Subchapter "S" status.…

    • 1643 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Tax Memo

    • 962 Words
    • 4 Pages

    II. Recommendation as to the best form of organisation and the reasoning for this choice.…

    • 962 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    Business Structures

    • 691 Words
    • 3 Pages

    Starting a business involves a large amount of planning. Part of this planning is determining what type of business structure is the proper structure for the business. There are several types of business structures. The purpose of this paper is to identify the different business structures, and to explain how each business structure may and might not be advantageous.…

    • 691 Words
    • 3 Pages
    Better Essays
  • Satisfactory Essays

    There is no argument that technology has progressed tremendously in the past decade. In today’s society, majorities of businesses have a tremendous amount of technological resources available to them and are used to communicate internally and externally. In my personal opinion, I believe that most businesses are using these resources effectively. These resources help to save time and are a pure convenience as means of communication.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Holtz, S. (2006) The impact of new technologies on internal communication. Strategic communication management, 10(1), 22-25…

    • 703 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Legal Underpinning of Law

    • 1937 Words
    • 6 Pages

    The aim of this paper is to discuss business structure and organization and how liability differs between each organizational form. Society has set standards that govern our interactions with others. In addition, though not often obvious to the naked eye, most businesses have standards that similar to one another in governing their activities and abilities to function continually. The state of origin joined with the type, scope, and form of business ultimately defines the standards by which a business will abide by. Looking at the various levels of responsibility dispersed to proprietors and partnerships aids in laying down the foundation for choosing the most applicable organization form recommended to graphically design and market a business.…

    • 1937 Words
    • 6 Pages
    Best Essays
  • Satisfactory Essays

    (4) Franchisors-Owns the overall rights and trademarks of the company and allows its franchises to use these rights and trademarks to do business. The entity or person owning the rights or license of the business.…

    • 475 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The whole process of communications within organizations is very complex and is certainly one of the major factors in determining whether an organization will succeed or not. The following paper deals with the different types, influences and improvements within the realm of communications in organizations.…

    • 2960 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    The organization that I will be discussing in this paper will be the real estate firm. The firm receives inquiries on real estate sales and listing through referrals and inquires from advertising. We share knowledge, which is a very important, among ourselves in the forms of e-mails, phone calls, in person oral communication, text messages, messages left with support staff, blog, web page and on voice mail. We also use these types of communication with our clients. We have various techniques to use for communication, which are effective. These techniques have improved the ineffective ways we used to communicate. We have learned what works for our office and person preference through trial and error with the different technologies. Technology has had a large impact on communication in real estate sales. If one type of technology is not useful for the employees then the office works on solutions to those issues. The best piece of technology for effective communication for sharing ideas and information has been the computer through e-mails and company website. With the use of e-mails, one can attach files with pictures, graphs, data, reports and any sort of media that will be useful to other members of the organization and clients.…

    • 856 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    ownership divided into shares – proprietorship in a corporation is divided into units known as shares of stocks…

    • 1568 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Bus 508

    • 5882 Words
    • 24 Pages

    4. Evaluate the different forms of business ownership to determine the optimal structure in different scenarios and the process for a…

    • 5882 Words
    • 24 Pages
    Good Essays
  • Good Essays

    IT formative essay

    • 1001 Words
    • 4 Pages

    Secondly, Communication is essential to the business world, and information technology gives your company the resources it needs to communicate quickly and effectively. There is always an efficient way to conduct business and communicate such as catching up with employees via email, video conferencing equipment and internal…

    • 1001 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Internal Comunications

    • 3084 Words
    • 14 Pages

    communication channels flow from the highest to the lowest levels of the organization. As a…

    • 3084 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    24 Hr Safety Case Study

    • 1445 Words
    • 6 Pages

    The company 24 Hr Safety provides an extensive variety of safety rentals, services and product sales. Their focus is their commitment to providing superior safety solutions for their customers. Their industry experience, coupled with their dedicated employees, make this commitment possible. They specialize in an array of products and services, such as safe breathing air, fit testing, gas detection, safety training, personal protective equipment, H2S safety services, respiratory equipment, safety turnaround trailers, on-site centers, safety techs, and rescue teams. They offer services and products to municipal and commercial facilities. This type of business is in high demand due to specific industries such as the gas and oil companies as well as the petrochemical industries. In these fields safety is a huge issue, you need several types of safety gear, such as hard hats and harnesses to breathing air and respiratory equipment. These lucrative businesses operate at dangerous levels, and it is imperative that their employees take all precautions to stay safe, and that’s where 24 Hr Safety comes in.…

    • 1445 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    The assignment should be written in the form of a business report, with the following…

    • 428 Words
    • 2 Pages
    Satisfactory Essays