Commerce Essay

Non-employee family members shouldn’t be represented in this process, because it is a family business and only family members hold share.No sign shows this company wants to go public

Even if the company is not taken over, the fear of takeover may prevent its co-operate board and managers from straying too far from profit maximising.

For this assignment, the two contrasting businesses where both businesses have different types of ownership and liability such as one being a for-profit business and the other one being a not-for-profit business. The two businesses are Tesco PLC and RSPCA which Tesco PLC is the for-profit business and RSPCA is the not-for-profit business.

In this assignment, I will explore different types of businesses. Some of these will include: Sole Traders, Private Limited Companies (Ltd), Public Limited Companies (Plc), Partnerships, Non-Profit Businesses, Franchises, Co-operatives. In this instant, I will be exploring a Public Limited Company. Tesco.

Managers and shareholders are the utmost contributors of these conflicts, hence affecting the entire structural organization of a company, its managerial system and eventually to the company's societal responsibility. A corporation is well organized with stipulated division of responsibilities among the arms of the organizational structure, shareholders, directors, managers and corporate officers. However, conflicts between managers in most firms and shareholders have brought about agency problems. Shares and their trade have seen many companies rise to big investments. Shareholders keep the companies running

Members are able to sell their shares at any time to another person without having to obtain permission from the other members.

Lipton, P. & Herzberg, A. (2010). Understanding Company Law. (15th ed.). Pyrmont, NSW: Lawbook Co.

That is why Caribbean Connection was opened. The shop originates from my grandmas shop in Jamaica, Cool Running’s. Cool Running’s is a 50 year old family business. The thing about having a unique culture is that in certain places it may be hard to find a store that offers products for us. My Uncle moved to Texas a while back, and realized that the small town he resided in on the outskirts of Houston had no local Caribbean supply store. My uncle manages the store as the rest my family does the daily duties around the shop. Many people come in and out, and a lot of these people are returning customers. They come often, sometimes not even to buy anything, spend time with each other. Our shop is not just a little store, it’s a community, a place for people to escape from their daily routines or even stressful jobs. The food and atmosphere is perfect and my family have made many close friends in the community because of this shop. The food served at the shop is what keeps our culture flowing, in Jamaica a big part of our culture is food. Not only Jamaicans come to the store, there is a gamut of people who have tried Jamaican cuisine for the first time at grandma’s shop and loved

Costco Wholesale Corporation, together with all its subsidiaries, works in a warehouse business. The organization offers branded and private-name items in a scope of stock classifications. It gives dry and institutionally bundled nourishments; confection, tobacco, alcoholic and nonalcoholic refreshments, and cleaning and institutional supplies; machines, gadgets,

Discuss what is meant by the term “customer orientation”. Illustrate with examples how companies demonstrate their customer orientation by reference to at least two elements of the marketing mix.

The BBC is the largest broadcasting organisation in the world. Its mission statement is to enrich people lives with programs that inform, educate and entertain. The BBC has the second largest budget of any UK broadcaster with an operating expenditure of £4.23 billion in 2009/2010. The only UK broadcaster with a larger operating expenditure is British Sky Broadcasting with £5.9 billion (http://en.wikipedia.org/wiki/BBC#Finance). The reason that Sky’s operating expenditure is higher is because Sky is a private sector PLC, which means that the public can buy shares in a company. Selling shares means more capital income is invested in

Ten years later, the business becomes a countrywide company and there are currently 70 shareholders. Thus, an unlisted public company was achieved at this stage . The Board of Directors would like to change the entity structure from the ambition of penetrating into new markets and raising more funds. They decided to write down possible issues to be listed on the Australian Securities Exchange.

issue additional stock or debt. An agency problem occurs when the managers of the firm act in their own

For associate companies the capital employed is representative of the Group’s equity investment in these companies

In the partial fulfillment of the requirement of Master of Business Administration (M.B.A.) Program (2002-2004) Hemchandracharya North Gujarat University, Patan.