Domino's Pizza Business Environment

Only available on StudyMode
  • Download(s) : 594
  • Published : April 16, 2013
Open Document
Text Preview
Content:
TASK 1 – a

- various types of organisations - pag. 3 – 6


introduction Domino's Pizza – pag. 7



mission goals and strategic objectives – pag. 8



compare Domino's Pizza and Pizza Hut – pag. 9

TASK 1 – b

- stakeholder influence – pag.10

TASK 2 – a

- the nature of UK economic system – pag.11

TASK 2 – b

- how government manage UK economy – pag.11


fiscal and monetary policies - pag. 11 – 12

TASK 2 – c

- competition policy and regulatory mechanism in UK – pag.12

TASK 3 – a

- market structure of Domino's Pizza – pag. 13

TASK 3 – b

- market influence in Domino's Pizza – pag. 14 – 15

TASK 3 – c

- cultural environment in Domino's Pizza – pag. 15

TASK 4 – a

- international market in UK – pag. 16


TASK 4 – b

global factors in Domino's pizza – pag. 16 – 17

- impact of EU policies – pag.18

CONLUSION – pag. 19
REFERENCES – pag. 20

Student ID 11170

page 2 of 20

Assignement Business Environment Feb 2013

TASK 1 a: Examine the various types of organisations and their purposes and compare the mission, goals, and the strategic objectives of your chosen organisation with a similar organisation.

The various types of organisations are:
- Sole traders – is a person who start a business by one individual. Advantage:
-

Retain all the profit

-

Maintain full control of the business

-

Information about sole trader is keep private

-

Direct contact with customers

-

The business can be based on the sole trader skills

Disadvantages:
-

Unlimited liability

-

Difficult to have finance for business

-

Intense competitions from bigger firms

-

When the owner dies the business ends too

- Partnerships – is then when two or more persons became associate and start a business together.
Advantage:
-

More money for business

-

The partners can have different skills

-

Shared decision making

-

Business losses shared between the partners

-

Partners can replace each other if needed

Student ID 11170

page 3 of 20

Assignement Business Environment Feb 2013

Disadvantages
-

The profit must be share

-

Unlimited liability

-

To take a decision must consult all partners

-

The partnership must be reformed in the event of the death of one partner

- Private Limited Companies – is an independent entity that provides limited liability and legal protection for its shareholders.
Advantages:
-

Limited Liability

-

The business will continue even if one of the owners die

-

Separate entity

-

More capital can be raised

Disadvantages
-

Profit must be share

-

There is a legal procedure to set up the business

-

Firms are not allowed to sell shares to the public.

-

Financial information filed with the Registrar can be inspected by any member of the public

- Public Limited Companies – is a company that work with stock exchange and its share can be buy or sell from anyone
Advantages:
-

Limited Liability

-

New shareholders and investors can be easily assimilated

-

The company has a legal existence separate from management and its members

Student ID 11170

page 4 of 20

Assignement Business Environment Feb 2013

-

Because of their size a PLC can sometimes dominate the market

Disadvantages
-

Setting up the costs can be very expensive

-

The firm is open to public inspection

-

Because of their size they cannot always deal with customers at a personal level

-

Decisions can be slow because the PLC has many directors

- Cooperatives – is an organisation founded and controlled by a group of volunteer users for their benefits.
Advantages:
-

Buying in bulk

-

Working together to solve problems

-

Good motivation of all members to work hard for profit

Disadvantages
-

Possibility of conflicts between members

-

Poor management

-

Longer...
tracking img