Business Structure Characteristics. Whitbread Structure Analysis

As Canada’s oldest bank that officially opened for business on November 3, 1817, BMO has been helping its customers and communities for over 190 years, offering them a broad range of personal, commercial, corporate and institutional financial services across Canada and in the United States. It has approximately 16,200 employees and over 960 branches across Canada. As one of the Big Five banks in Canada, it has been passionate to build team strategies and to try new challenges.

There are four main forms of business structures. The structures of business differentiate based on liability, tax implications, and what type of business is being evaluated when determining what structure to use. This paper will cover the advantages and disadvantages within the four types of business structures; Limited Liability Corporations, Corporations, Partnerships, and Sole Proprietorships.

Information management is paramount for any business because in the current business environment, no business can be successful without the effective manipulation information. The analysis of the information relevant to the business helps to accomplish the organizational goals. In the growing age of the information technology the information management system helps to find the appropriate information in an easy manner. The business includes a lot of information that is not necessarily important for decision making

In this part of my report I am focusing on the Stakeholders of Tesco, These are the people who have an interest in and influence on the business and the way it operates.

Information is data that has been processed in such a way as to be meaningful to the person who receives it. Businesses need information that is relevant to them.

As technology is continously changing so is the amount of information produced as well. The way organizations store this information and how its accessible is crucial for the company. Managing such information can make the difference of the company survival and also to be able to stay abeast in its market. According to Lohrey, Jackie (2017) " Information is a critical business resource and like any other critical resource must be properly managed. Constantly evolving technology, however, is changing the way even very small businesses manage vital business information." Organizations have to become equipped with the essential resources available to increase efficiency and improve productivity. This will help the output of the company, cut cost,

The use of appendices is not permitted in assignments and students should be aware that work submitted as an appendix will not be read and will not count towards the final mark of the assignment.

The aim of this report is to describe the type of business organization that operates in United Kingdom and United Sates of America and they are two contrasting business. This will entail comparisons between a Public limited company (Plc.) and a Private limited company (Ltd) in their footings of their ownership, purposes, and sectors of activity and key stakeholders. For this report I have selected to investigate Yum! Brand Inc. and Fish to Go Leigh on Sea.

There are many types of organisational structure a business may decide to adopt. This assignment will examine the four main different business structures and present the advantages and disadvantages of each one. The business structures that I will be examining are as follows:

Every organization must have different types of information that they are effective in their work fields. And the main types of information that are needed in the organization are according to Lucey, T. (1991) Management Information Systems, DP Publications, London and to Miller, K.A. (2004) Surviving Information Overload, Grand Rapids, MI, Zondervan.

In this assignment I will be explaining the issues and constraints in relation to the use of business information in Asda. I will be outlining the operational issues within the company.

Information management is the foundation for a successful organization. Therefore, it should “be treated in the same manner as other valuable assets” of a company (Bentley, 2015). Information management requires careful handling, “thoughtful governance, and strategic consideration in” its use and control (Bentley, 2015). Organizations that fail at establishing and implementing successful information management policies and practices suffer from effective time management and making important decisions. Also, when relevant information isn’t shared across business, members lose trust and faith in the validity of the organization; and the enterprise loses profits and revenue. Moreover, “skillful information management improves organizational efficiency,” provides a “measurable competitive advantage, risk mitigation, data-driven decision support, and internal transparency” (Bentley, 2015).

These three zones follow the same internal structure. Each zone has only three levels of hierarchy, the associates,

When choosing the business structures for our business, we had to look at all the business structure, which are being used in the UK. The main 4, which we discussed and looked at, were sole traders, business partnerships, private limited companies, and public limited companies. Looking at our company we consisted of 9 people who were actually running and would own the company, so the option of being a sole trader wasn’t obtainable for us, as in a partnership it would have meant that there could be one owner who is running the actual company, so this didn’t not suit our company as we were 9 people so we had to take this option away even though we still discussed the advantages and disadvantages of being a sole trader in order to broaden our knowledge in this subject. So as sole trader was not an option anymore we were left with 3 more options, which were:

Business information systems, one of many information technologies, are designed for supporting business management on both policy and operation. Consequently, it can help executives have good decision on each sector of business management and it can connect working each the sector on sharing information during business the sector both operation systems and management systems. The important sectors of business management consist marketing management, financial management, human resource management, strategic management, production management, operations management, service management, and information technology management. (8 Branches of Business Management)