2. LO1 UNDERSTAND THE ORGANISATIONAL PURPOSES OF BUSINESSES 2.1 PURPOSES OF DIFFERENT TYPES OF ORGANISATION (P1.1) Different types of organizations have their own business policies, structure, and strategies and so are their purposes. So, whatever the business organizations there must be some specific purposes for which the organization was established (Nordhaus, 2009). The major organization’s types are sole proprietorship, partnership and corporation. The following organizations are analysed
Words: 2358 - Pages: 10
Board of Directors and corporate officers who are elected by general membership. The purpose of the FGBC are to administer certification programs based upon the green building standards, educate the general public, businesses, institutional and government bodies of the long term benefits of sustainable development and green building practices, and to provide opportunities for members and other interested parties to increase their knowledge of green building practices. Although there are currently
Words: 364 - Pages: 2
org/wiki/Tesco Tesco’s Business Logo: A spider diagram showing you 6 stakeholders for my chosen business Tesco: Shareholders Shareholders Suppliers Suppliers Customers Customers 6 Stakeholders for Tesco’s 6 Stakeholders for Tesco’s Government Government Employees Employees Manager Manager ] 6 Stakeholders for Tesco’s, and 2 ways in how they can influence the business, and also the advantages and disadvantages of this influence for Tesco’s: 1. Shareholders: * The first way
Words: 1471 - Pages: 6
THE FACTORIES ACT, 1948 ACT NO. 63 OF 1948 1* [23rd September, 1948.] An Act factories. to consolidate and amend to the law regulating labour and amend the in law WHEREAS it is expedient regulating labour in factories; consolidate It is hereby enacted as follows:- CHAPTER I PRELIMINARY 1. Short title, extent and commencement. 1. Short title, extent and commencement. called the Factories Act, 1948. (1) This Act may be 2*[(2) It extends to the whole of India 3***.] (3) It shall come
Words: 31674 - Pages: 127
Douglas Plato’s Plea Against Democracy Democracy is defined as a government by the people that exercise their rights through the elected officials and ruled by the majority. The written dialogues of Socrates by Plato take into account that democracy is actually inefficient and undermines the true values of their citizens. Plato’s best known and comprehensive work is the Republic. He criticized democracy as an inadequate form of government because it caused corruption of people through public opinions
Words: 2213 - Pages: 9
Case Study 3: Hong Kong Disneyland November 26, 2013 1(A). Why was it important for Disney to work with the foreign governments where they want to open theme parks? While it may not always be a good idea for a business to work with foreign governments, it was the appropriate course for Disney to take. Certain aspects of the parks that were opened in Tokyo, Paris, and Hong Kong best evidence this. Tokyo, by every standard, is considered a success (Young & Liu, 2007). Its success
Words: 760 - Pages: 4
Should the Australian Government privatise Medibank Private? Since the 1990s the Commonwealth and State governments of Australia has privatised a sizeable portion of the public sector (Reserve Bank of Australia 1997). The prospect of privatising Medibank has been a controversial matter since its proposal by the Howard government in 2006, although the former government failed to do so, the Abott government announced on March 26th, 2014 that the company will be sold off through an initial public
Words: 1872 - Pages: 8
CMR often rest on a normative assumption that civilian control of the military or military control of the state.[2] Civilian government control of the military basically happen in the countries that have developed political culture. Meanwhile, military will use is power to control the government and the state when society’s respect for civilian government are low. In other situation is when high level of external threat creates a massive destruction to the state or people, military will
Words: 1157 - Pages: 5
funding by the government. The costs associated with the development of sport such as building or improvement of facilities is usually funded by the government. The government/State heavily funds lifesaving clubs and agencies. It is because the State believes that it can improve the well being of society by its various interventions. (Hoye, Russel. 2006, p. 20). This type of intervention falls under the neo-liberalism ideology. It was found that ‘neo-liberals believe government should not engage
Words: 579 - Pages: 3
Organization and Behavior 1.1 Compare and contrast the organization structure and culture of ASDA Stores Ltd to that of British Airways (BA). An organization structure is a formal way of presenting the management hierarchy. It permits the easy flow of information within the organization. It is the layout or the composition of the organization. There are 4 types of structures that can be put in place. The structure can be function based, product based, geographical based or multifunctional
Words: 1194 - Pages: 5
