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 a ...