How Businesses Operate: Starbuck’s (GC086)
Table of Contents
TASK 1.
The business environment
LO1 AC 1.1, 1.2, 1.3.
1.1 Types of organizations found in the public and private sector
A sole trader is an individual who owns and sets up their individual organization. They can choose to recruit other persons, they are only the proprietor. A sole trader has unlimited responsibility.
1.2 Different structures within the business.
1.3 Local, national, global, economic and environmental impact on business.
Explain how business objectives differ between organizations.
Task 2: Business function.
LO2 and LO5 AC 2.1, AC 5.1, AC 5.2.
- Importance of accounting for business success.
- Different functions carried out by the HR department in business success.
- Key features of employment legislation.
Explanation of the benefit of employment legislation to employees and businesses.
Impact of employment legislation.
Task 3 Accounting workshop.
LO3 AC 3.1.
- Information on profit and loss account
Use of business ratio to analyze business performance.
Use of budget
Profit and loss accounts.
TASK 4 Teams.
LO4 AC 4.1, 4.2, 4.3, 4.4.
4.1 Analysis to determine ownership and other’s roles.
4.2 Detailed notes which can support future training events.
Stages of team development
Assess three motivational theories.
Describe types of leadership styles.
Impact of leadership style on employees.
TASK 5 Customer service (refer to ppt.)
LO6 AC 6.1, 6.2.
6.1 Impact of customer service on business success.
6.2 Benefits of customer profiling to a business.
Impact of customer service on business success.
Analysis of customer profiling help in delivering targeted customer service.
Conclusion.
Reference.
Introduction
The introduction of the business in a unique market explains the relationship of new organization planning which includes for commerce sector in organization management. Govt. fund for organization help initiatives is detained to explain new categories and features of the organization. The assignment includes Starbucks ’ new business atmosphere in the United Kingdom. It explains different companies which are found in different sectors of working and their business ownership and equilibrium in different business conditions across the globe.
TASK 1: The business environment
1.1 Types of organizations found in the public and private sector
In a developed business market various kinds of the organization make the business market with cooperation among each other. Various marketing working sectors are there in the UK. The various sector of the organization that exists are as follows:
Public sector
The Public Sector is regularly encompassed of companies which are operated and owned by govt. and exist to give services for the society people. Same as to the charitable sector, companies in the public sector can not search to make more profits. Funding for public services is regularly increased throughout the range of approaches, such as, through financial transfers, fees, taxes from different steps of govt.
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Private sector
The private sector includes different profitable organizations that are not operated or owned by govt. Corporations and companies which are run by govt. are known as the public sector, while other nonprofit organizations and charitable organizations are the elements of the sector of voluntary. The private sector recruits employees through personal organization owners, nongovernment agencies, or corporations.
Sole trader
A sole trader is an individual who owns and sets up their individual organization. They can choose to recruit other persons, they are only the proprietor. A sole trader has unlimited responsibility.
Partnership sector
A partnership is a formal understanding that two or many groups help to operate and manage an organization. Different partnership planning is probable, all partners may allocate profits and liabilities equally, and some partners can have limited liability.
1.2 Different structures within the business
Organizational structure is the method that includes implicit and explicit organizational policies and rules planned to outline how different work responsibilities and roles are coordinated, controlled and delegated. Organizational structures decide how information flows from level to level in the organization.
Various service sectors include different company organizational structure. The various structures are explained below.
Hierarchical structure
The hierarchical organizational structure shape is like a pyramid. The hierarchical organization is the team of the entities planned to be subsidiary to the central group of persons, individuals or ideas. The department in charge or person remains at the pyramid’s top level. Each sector remains below the top or senior level.
Flat structure
The company that even improves with no intermediary individuals has explained as a flat structured organization. Partnership organization arrives in accordance with the flat organizational structure in that the proprietors are organization creators and business structured organization…………..
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