Unit 1 Business Environment Assignment with Pret A Manger and CDPF (GC01225)
Table of Contents
Introduction.
P1 Describe the type of business purpose and ownership of two contrasting businesses.
P2 Describe the different stakeholders who influence the purpose of two contrasting organizations
P3 Describe how two businesses are organized.
P4 Explain how their style of organization helps them fulfill their purposes.
P5 Describe the influence of 2 contrasting economic environments on business activities within a selected organization.
P6 Describe how political, legal, and social factors are impacting upon the business organizations (Pret A Manger) and their stakeholders.
Conclusion.
References.
Introduction
This coursework is based on two organizations one is a profitable organization in the UK and the other one is a non-profitable organization in China. Pret A Manger is a profitable organization in the UK. Pret operates a bit like a restaurant. It builds kitchens in every shop. Customers will not find ‘sell-by’ dates on their fresh sandwiches and salads. Its milk and coffee are 100% organic. It offers unsold food to charity at the end of each day rather than keeping it to sell the next day. In 1986, Pret opened the doors of its very first shop. It is a shop with a mission.
A mission to create, handmade, natural food, avoiding the obscure chemicals, additives, and preservatives common to so much of the ‘prepared’ and ‘fast’ food on the market today. A fresh and healthy menu greeted our first customers and our good, natural food crusade had begun (Pret A Manger, 2018). The China Disabled Persons’ Federation, also known as the CDPF, is a national organization for individuals with disabilities in China established in China in March 1988, aiming to represent and safeguard the rights and interests of disabled people. This is a non-profitable organization in China.
The predecessors of the CDPF are the China Association for the Blind and Deaf, established in 1960, and the China Welfare Fund for the Handicapped established in 1984. The three basic functions of the CDPF are to represent the interests of people with disabilities in China and help protect their legitimate rights, to provide them with comprehensive and effective services, and to supervise affairs relating to people with disabilities commissioned by the Chinese government. The emblem of the CDPF looks like a plum flower that features prominently in Chinese art and culture. With its motto “humanity, probity, service, and contribution” the CDPF has helped many disabled persons
P1 Describe the type of business purpose and ownership of two contrasting businesses
The key differences between Pret A Manger and CDPF are described as the table below:
| Pret A Manger | CDPF | |
| Aims and purposes | The main aim of Pret A Manger is to increase its market in both international as well as domestic markets. The purpose of Pret A Manger is to gain higher market share, revenue, and profits. | The aim of CDPF is to increase brand image and raise funds from people. The purpose of CDPF is to provide quality health care services to the disabled people in China. |
| Objectives | The key objectives of Pret A Manger are: 1) to maximize business in new and existing markets; b) to improve product and service quality; c) to gain higher revenue and profits. | The objectives of CDPF are 1) to raise funds; 2) to increase brand image, and 3) to provide quality health care services to the disabled people. |
| Sector of business | It is operating a business in the retail sector. The main products are home items, clothing, and food items. | It is operating a business in the health sector. It helps people with disabilities in China and helps protect their legitimate rights, to provide them with comprehensive and effective services. |
| Ownership | Pret A Manger is a private limited company. Pret A Manger proposes their share to the public and this share is enlisted in the share market. It is a profitable organization. | CDPF is a charitable organization. It is a non-profitable company.
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| Industrial sector | Pret A Manger is operating in the primary, secondary, and tertiary market sector. | CDPF is operating only in the tertiary sector. It only provides services to people in need of health care. |
P2 Describe the different stakeholders who influence the purpose of two contrasting organizations
A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its investor employees and customers. However, the modern theory of the idea goes beyond this original notion to include additional stakeholders such as a community, government, or trade association. In a border sense, stakeholders of a big company may include Suppliers, Labor Union, Government regulatory agencies, and Government legislative bodies, Government tax-collecting agencies, Industry Trade Group, Professional Association, NGOs, and other advocacy groups. Stakeholders may have both positive and negative impacts on business performance (Kotler, 2015).
Stakeholder of Pret A Manger
Shareholder: Shareholder can be defined as an individual, organization, or company that legally own share(s) of stock in a joint-stock company. Pret A Manger has a large number of shareholders who have invested a lot and expect high earning per share. This means every individual shareholder expects high profits from Pret A Manger. On the other hand, the investment come from shareholder pockets give the opportunity to Pret A Manger to maximize its business operation with higher revenue and profits in both domestic and global markets (David Tyler 2014)
Suppliers: As Pret, A Manger has about 30,000 products in its stores, it has a large number of suppliers in both local and global markets. Pret A Manger believes in “sourcing with integrity”, this is achieved by forming a partnership with suppliers that raises environmental and social standards. Suppliers can decide whether to raise prices for orders which can obviously affect Pret A Manger’s profits. In addition, supplier quality and reliability could affect the business of Pret A Manger significantly. If orders do not arrive on time, finished goods may not be ready for shipping to customers. Suppliers can also change credit terms which may have cash flow issues for Pret A Manger. Further, they can decide whether or not to allow discounts for bulk orders or loyal customers that can affect the performance of Pret A Manger.
Staffs
Pret A Manger has more than 10,000 employees who are working in the UK markets. Their employees come from different backgrounds and cultures. Employees generally look for good and friendly attitudes from managers, secure jobs and workplace, benefits and incentives, good pay from Pret A Manger. They also want protection from the company, mainly in terms of security from customers who might abuse them as part of their human rights. Employees can influence the success of Pret A Manger by their productivity and efficiency in workplaces, duties, and tasks they do every day. They can also resort to industrial action, if they disagree with working conditions, pay or company policies in Pret A Manger (PRET, 2016)…………………….
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