UNIT 400 UNDERSTANDING ORGANISATIONS
UNIT 400 UNDERSTANDING ORGANISATIONS
TASK 1
Having worked for a large public company for a number of years, I feel we could take on many of their operating procedures to increase profit and market share. Firstly, I will begin with a comparison of public, private and voluntary companies in the housing sector.
Moat Housing, a public sector company, provides affordable housing for people who have low deposits or are unable to obtain a 100% mortgage. They are non-profit making and any profits are re-invested in the company. They are managed by a Board of Management which consists of independent people (some may be paid) and volunteers. The board makes decisions about the work of the organisation. Members include residents, local authority representatives, local businesses and community groups. They are the Help to Buy Agent in Essex, Kent and Sussex appointed by the government. Housing associations tend to be the main provider of affordable rented new homes. They help people on low incomes and sometimes offer shared ownership schemes. They operate using privately raised finances along with funding provided by the Homes and Communities Agency. A disadvantage is that a buyer may have to be a resident of the vicinity in order to take advantage of schemes run by the local council so this limits the market sector. Housing association houses also tend to be segregated to a particular area of a housing estate.
A voluntary organisation I have researched is Green Pastures, a religious voluntary organisation which operates in partnership with a number of local charities. Potential buyers can pick the organisation they wish to work with from the local charities that have signed up to the scheme and will receive continued support through this organisation. They are a registered charity and a company limited by guarantee. This means that the company does not usually have shareholders, but has members who act as guarantors. Like a private company limited by
TASK 1
Having worked for a large public company for a number of years, I feel we could take on many of their operating procedures to increase profit and market share. Firstly, I will begin with a comparison of public, private and voluntary companies in the housing sector.
Moat Housing, a public sector company, provides affordable housing for people who have low deposits or are unable to obtain a 100% mortgage. They are non-profit making and any profits are re-invested in the company. They are managed by a Board of Management which consists of independent people (some may be paid) and volunteers. The board makes decisions about the work of the organisation. Members include residents, local authority representatives, local businesses and community groups. They are the Help to Buy Agent in Essex, Kent and Sussex appointed by the government. Housing associations tend to be the main provider of affordable rented new homes. They help people on low incomes and sometimes offer shared ownership schemes. They operate using privately raised finances along with funding provided by the Homes and Communities Agency. A disadvantage is that a buyer may have to be a resident of the vicinity in order to take advantage of schemes run by the local council so this limits the market sector. Housing association houses also tend to be segregated to a particular area of a housing estate.
A voluntary organisation I have researched is Green Pastures, a religious voluntary organisation which operates in partnership with a number of local charities. Potential buyers can pick the organisation they wish to work with from the local charities that have signed up to the scheme and will receive continued support through this organisation. They are a registered charity and a company limited by guarantee. This means that the company does not usually have shareholders, but has members who act as guarantors. Like a private company limited by