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...HOW IS A BUSINESS ORGANISED All business organisations have different areas that carry out different tasks or functions. These areas are called “Functional Areas” The Different Functional Areas in Tesco Tesco Finance Marketing Human Resource Operations/ Logistics Management All of these functional areas use ICT in order to collect, process and produce data or information. Without UPTO-DATE and ACCURATE information decisions cannot be taken by managers. Their decisions will affect the business and its customers. Having empty shelves will make customers go to other places to shop. Tesco customers can go to other supermarkets to shop. The other main supermarkets are ------------------------------------------------- WHAT OTHER SUPERMARKETS ARE THERE ------------------------------------------------- Each function cannot operate in isolation …. Whatever one functional area does will have a knock-on effect on others. What do these functional areas do …… [A] Finance ------------------------------------------------- DESCRIBE WHAT THIS DEPARTMENT DOES ….. refer to a Business Studies text book and the Tesco web site. ------------------------------------------------- This department uses ICT in various ways. Here is what they use IT for. * Review current finances and forecast future finances using spreadsheet software * Produce...
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...Sime Darby's scandal 2010-11-18 12:20 World's leading listed plantation company Sime Darby has just celebrated its 100th anniversary and it has once again become a focus recently due to a project cost overrun scandal involving malpractices. When Sime Darby was said to have suffered a loss of RM2.1 billion in May this year, the market was shocked as Sime Darby has been a giant multinational conglomerate involved in five core sectors with a total annual turnover of about RM33 billion. Even the largest listed company is facing a management problem, we can actually imagine the situation of other government-linked companies (GLCs). It has seriously affected the confidence of investors in the stock market and supervision of the authorities. There are questionable points in its four projects, including the Maersk Oil Qatar (MOQ) Project which has lost RM526 million and the Bakun hydroelectric dam project which has caused a loss of RM340 million. Sime Darby decided to take civil action against certain individuals found culpable over the severe losses. It has reflected the seriousness of the situation and the Malaysian Anti-Corruption Commission (MACC) should also take actions. The government must disclose the internal audit report of Sime Darby to tell the people the truth. Over the years, losses suffered by the GLCs would just be left unsolved without even an investigation. For example, the Bumiputera financial scandal in the early 1980s had caused the country a loss of RM2...
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...ORGANISATIONAL STRUCTURE Introduction: in this assignment I am going to explain two organisational structures which is Tesco and Harlow College, I will describe the functional areas, span control and the layers in the business. Organisation structure: is the structure that determines how the roles, power and responsibilities are assigned, controlled and how information flows between the different levels of management Importance of organisational structures * Organisational structure is important for decision making * Is most used for communication eg. Marketing employees will discuss any issues with their director then the director will forward it to the vice manger or any upper management * It helps in evaluating employee performance. * The structure helps the business to achieve its goals because various department leaders are in charge to help in meeting any project deadlines. * It enables companies to prevent any conflict. TESCO Span of control: is the number of staff members that can be managed efficiently, basically every staff member can have control over a certain amount of people. Span control helps Tesco a lot even the growth of the company. There two types of span control theses are: 1. Narrow span of control 2. Wide span of control Narrow span of control means a single manager or supervisor oversees few members. Narrow span of control is more expensive as compared to wide span of control as there is more number of managers and therefore...
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...Explain how the functional areas of Tesco support each other. In this task, I will be explaining how the different functional areas of Tesco support each other in business in different situations. It is extremely important that all functional areas of a business work together otherwise the business will not be very successful. A business is an organization with many parts, and like a machine, each part has to contribute its function in order for the organization to work well. 1. Tesco opening a new store For example, if Tesco decide to open a new store, all the functional areas would have to work together in order for their labour not to be in vein and also to ensure its success. The finance department would have to provide the financial resources (money) and would decide what sectors money should be put into. The ICT department would be in charge of the provision and maintenance of all the technological devices such as computers, tills, scanners and self-checkouts. The human resource department would recruit a skilled, committed and well-motivated workforce so that the business can flourish. The marketing department would advertise the new store, its products and also try to meet customers’ needs. The operation department would get all the products on the shelves and ensure all services are up and running. 2. Launching new product range If Tesco decide to launch a new product range, all departments would have to work hand-in-hand. The marketing department would...
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...Topic | Information required | Sources of information | Use of information in Coursework | Date for completing research | Completed/ Review | Choice of BusinessLocation | Address/postcode of local business and at least two different countries where the business trade internationally | Got to the shop am check online for annual report and the website. | Why I chose this business | 2/10/13 | | Choice of BusinessSize | • Sales revenue over 3 latest years • Profit figures over latest 3 years • Cash flows • Capital invested • Production output • Number of employees – current will do • Number of outlets or locations – see National vs international • Value of the business (market capitalisation) • Market share | on the annual report and websites | Choice of buss contrast size | 2/10/13 | | Choice of BusinessOwnership | Type of ownership of each businessIf Sole trader or partnership – owners’ namesIf private limited, name ending with LTD & PLC if public limited – get current number of shareholders | Go to the shop for the local business and for the international I would check the annual report | | 2/10/13 | | Choice of BusinessNature | | Go to the local shop and ask them and for the international business I would go online | Why I chose this business | 2/10/13 | | Purpose & Activities | Goods & or services traded | Go to the local shop and I would ask them what activities they do and what is the purpose and for the international business i would...
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...Managing Business Activities to Achieve Results Yuvraj Minawala Rims International School Of Business And Technology BBA Second Year: Higher National Diploma (HND) HND - ASSIGNMENT BRIEF LEARNER NAME ASSESSOR NAME QUALIFICATION Yuvraj Minawala Shweta Singh 5 Managing Business Activities to Achieve results UNIT NUMBER AND TITLE J/601/0946 08.04.2013 10.05.2013 HAND OUT DATE HAND IN DATE RULES & REGULATION Plagiarism is presenting somebody else’s work as your own. It includes copying information directly from the Web or books without referencing the material, submitting joint coursework as an individual effort, copying another student’s coursework, stealing coursework from another student and submitting it as your own work. Suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the procedures set down by the College. ASSIGNMENT TITLE The aim of this unit is to provide learners with the understanding and skills to manage their activities in the business workplace to improve their effectiveness and efficiency. . MBAAR Yuvraj Minawala 2 Outcomes and assessment requirements Outcomes Assessment requirements To achieve each outcome a learner must demonstrate the ability to: Evidence On successful...
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...Explanation of ownership | Example of organisation with this ownership | Provides product or service | Local | Local shops are just in the area, and is mostly owned by sole trader which means he is on charge of the running of the business day by day. | Restaurant: trattoria sorrentina. | It could provide product and service as well depending on the kind of the business. | National | National organisation usually are more than 2 outlet under working under the same outlet brand, which means they provide the same products no matter where the outlet is.The ownership of these are partnership or stake holders. | Morrison, | They provide products food and grocery | International | International is when the organisation is working in more than 2 countries under the same brand. This organisation is plc | H&m | They all provide products such as cloths | Global | Global organisation all over the globe and this organisation are own by a stakeholders which means global company are privet limited companies. | Macdonalds, | They provide products being a restaurant fast food they provide burgers and chips and drinks. | Public | All the public organisation are made for the public benefit use and are owned by the government. | NHS, | They provide service such as health care. | Private | Privet are all owned by people who looks just for profit | Tesco, | They provide products. Food and grocery | Not for profit / voluntary | This kind of organisation are not for making profit, they...
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...Exploring Business Purposes Introduction This unit is based on exploring a business. There are two tasks in this assignment. I have been asked to do; Describe four types of business from the, primary, secondary, and territory. I will be describing their purpose, ownership, size, scale. Differences & Similarities between Business because each business are different from each other in so many ways. I need to illustrate how the 3 sectors are all linked together. All businesses have objectives which they aim to fulfill in order for their business to run smoothly and effectively as possible. I will also be, looking at the companies aims to see if they have reached them yet, or what they are doing to reach their aim. I will be explaining areas of growth. As a result of the research I found the following information from research on the computer, getting help from teacher and by my own knowledge. :Sainsbury’s: Background information Sainsbury's Supermarkets is the UK's longest standing major food retailing chain, having opened its first store in 1869. The Sainsbury's brand is built upon a heritage of providing customers with healthy, safe, fresh and tasty food. It differentiates itself by offering a broad range of great quality products at fair prices with particular emphasis on fresh food, a strong ethical approach to business and continuous leadership and innovation. Size of business J Sainsbury plc consists of Sainsbury's – a chain of 504 supermarkets and 319 convenience...
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...Task 1 Tesco, the largest retailer in UK as well as the third biggest in the world in terms of revenue, originally specialising in food and drink, it has diversified into areas such as clothing, consumer electronics, financial services, telecoms, health and car insurance, dental plans, retailing and renting DVDs, CDs, music downloads, internet services and software. Tesco was founded in 1919 by Jack Cohen. In 1924 the brand Tesco was first started the journey and 1932 it became a private limited company. Now Tesco is operating in 14 countries all over the world. There are 4,331 Tesco stores and employ over 500,000 people and serve tens of millions of customers every week. Tesco’s well established and consistent business strategy has enabled it to strengthen the core UK business and expand into new markets successfully. Tesco’s business strategies are mainly focusing on huge domestic market of financial services, telecoms and non-food. One of the main objectives of Tesco’s business strategy is to create sustainable long term growth and according to the company this could be achieved by expanding into global market. The company initially focused on Asia and central Europe. Most recently it has made its entry into the US market. In 1997 Tesco first decided to diversify and according to the company itself this was the basis of its recent success. As a result of this strategy several new businesses have been created by Tesco for the last 12 years and most of these businesses are...
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...Describe how two businesses are organised It is extremely significant that businesses are organised. If businesses are organised they are more likely to be efficient, effective and productive. One way in which a business is organised is by organisational chart. An organisational chart is a diagram that shows the way in which staff in a business/company are organised. The chart displays the specific roles and responsibilities of employers/employees; it displays who staff are responsible for and who is responsible for the staff. The chart is significant when making decisions and point’s both employers and employees in the direction of who to speak to if they have an issue, question or complaint. Span of control is when a number of underlings...
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...they focus on their remit they are given by the government. The government have to monitor the operations of their departments to ensure that the public gets value for money. They also support the unlikely event that one government department goes into debt, and funds from other departments. Partnership To an investigation of a Partnership, it is referred as the arrangement in which parties agree to cooperate to advance their mutual interests. Governmentally recognized partnerships may enjoy special benefits in tax policies. ORGANISATIONS From the point of this view, TESCO and FARMFOODS are the chosen organisations which would be on focused. These organisations are rather going to be based on different factors such as Business activity, Business sector, and Business purpose, Ownership of the business, the extent of owners’ liability for debts and the key stakeholders of the business. Tesco Business activity: In...
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...values and interests of the organization members during the course of their association with organizations. Task 1: Understanding Organisational Structure and Culture Structure in one way is the planning of duties used for the job to be done whereas culture is the intricate as a whole which includes information, belief, art, ethics, customs and any other potentials and habits obtained by members of a society. Organisational structures and cultures Organizations are established in distinct ways to accomplish particular goals, and the structure of a business can help or hold back its progress toward achievement of these goals. Following are some of the different types of organisational structures and cultures. Functional Structure and Culture Functional structure is established so that every part of the organization is grouped in accordance with its principle. In this type of business, there may be...
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...Structure and Culture Structure in one way is the planning of duties used for the job to be done whereas culture is the intricate as a whole which includes information, belief, art, ethics, customs and any other potentials and habits obtained by members of a society. Organisational structures and cultures example of a student's work Organizations are established in distinct ways to accomplish particular goals, and the structure of a business can help or hold back its progress toward achievement of these goals. Following are some of the different types of organisational structures and cultures. Functional Structure and Culture Functional structure is established so that every part of the organization is grouped in accordance with its principle. In this type of business, there may be a marketing division, a sales division and a production division. One of the disadvantages to a functional structure is that the synchronization and communication between divisions can be restricted by the organizational limits of having the various divisions working independently. (Writing) Divisional Structure...
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...Organisational Behaviour Organisational Behaviour By Natalie Hands-Siviter Tutor; Julian Billingham Course; HND Business November ‘15 Table of contents Page: Introduction ……………………………………………...................................................................3 Terms of reference …………………………………………………………………………………………………...3 Research methods ……………………………………………………………………………………………………4 Google’s background …………………………………………………………………………………………………5 Tesco’s background ……………………………………………………………………………………………………5 Analysis of organisational structure Google’s organisational structure ……………………………………………………………………………....6 Tesco’s organisational structure ………………………………………………………………………………….7 Comparison of Google’s and Tesco’s structure …………………………………………………….........8 Analysis of organisational culture Google’s organisational culture …………………………………………………………………………………..9 Tesco’s organisational culture ……………………………………………………………………………………..10 Comparison of Google’s and Tesco’s organisational culture ………………………………………..11 Organisational Theory’s ………………………………………………………………………………………………..12 Conclusion ……………………………………………………………………………………………………………………13 Bibliography …………………………………………………………………………………………………………………14 Introduction One of the biggest problems in today’s world for managers is managing the people. This is the reason many managers and owners need a good working organisational...
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