School Of Business : Assignment

| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.

If you want to export goods to a particular country, make sure they have a need for your particular services or product. Most international businesses find multiple countries or locations that have a need for these items in order to ensure a steady and profitable revenue stream.

Telephone – A telephone maintains a few different features rather than just receiving and making calls. At work the phones that we use are often different to

There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.

5. The two parts of the external environment are the task environment and the general environment.

3. What are each of the financial statements commonly called in for-profit health care organizations and in not for-profit care organizations?

For every $1 in sales, 77.5 cents of net income is generated. This rest is 22.5 cents in expenses. I am profitable because for every $1 my company made, 77.5 cents was my income. This means that my company gets to keep 77.5 cents for every $1 made in sales. My income is high, indicating that enough revenue is being generated from the costs of running my business. An area of strength based on my revenues and expenses is that most of my revenue is being generated from GO revenue. This means that money coming into the business is my salary that I am earning. Another area of strength is that my other highest source of

The first one is the fact that employees still need someone to fight for their rights and for their economic existence while their existence will stimulate the management to be effective. The second reason is the fact that because the organisations and the structure of the economy are changing continuously, the labour needs to be organised, and the need for a workforce voice is needful because the management, in the pursuit of being competitive and ethic, it may ignore the people’s issues.

Strikes are rightly acknowledged as a form of industrial conflict. Many works including OECD (2007), Hyman (1972) and McIlroy (1995) have described strikes as temporary termination of a workplace or work stoppage due to the initiatives taken by a group of workers or trade unions to impose or repel demands and direct grievances or to encourage other workers or groups of workers in their struggle of resisting demands or complaints. As pointed out by Edwards (1992), industrial conflicts seem to be inevitable in any organisation due to the prevalence of tensions between the workers and management. If they are not managed effectively, they result in an outburst which often take the form of strikes. Prior to 1980’s there were occurrence of many strikes. However, since 1980’s the strike rate has reduced in each following decade. The reduction in the occurrence of strikes has been the highest in UK, Spain, Canada, Italy, Finland, Ireland and Australia (among OECD countries). One reason explaining this decline has been the change in the employment structure of the industry which has gradually moved from manufacturing to the services sector. However, according to Beardsmore (2006), over the past few decades there has been a decline in the strike rate in both the manufacturing and services

Industrial Relations or Labour Relations is an expression used not only for relationships between employers and Trade Unions, but also for those involving Government with the aim of defining policies, facing labour problems. The concept of industrial relations has a very wide meaning and connotation. In the narrow sense, it means that the employer, employee relationship confines itself to the relationship that emerges out of the day to day association of the management and the labour. In its wider sense, industrial relations include the relationship between an employee and an employer in the course of the running of an industry and may project it to spheres, which may transgress to the areas of quality control, marketing, price fixation

Through extensive analysis from the customer satisfaction surveys, and research from the satisfaction task force, Company X found three major problems areas. The company's programs reflect poor quality, the development times are taking longer than the projected due dates and a small portion of employees are discrediting the company name and values. Each of these problems has contributed to the main problem; the increasing rate at which Company X is losing customers and revenue.

Teaching and research in Industrial Relations involves the study of work and employment relationships in all forms. These relationships involves management and employees but get influenced beyond individual workplace, for example: the relationship gets affected by the intervention of the state for passing new laws and policies, international trade, dynamics of the capital market. The study of Industrial Relations consists of various analysis of the employment relations over time period. It focuses on goals and needs of the workers, evaluate the problems faced by the workers. In involves collective form of dealing between labours and employers through trade union.

Labour relation or what we call industrial relation is the heart of any industrial system. It is know as the relation between employees and employers of a company. For a successful growth of business of big or small firm this relation are needed to be smooth and healthy. Many writers have tried to define labour relation in different ways. Meaning of labour relation has kept on changing with the change in nature of work, technology and most important globalization. Before industrialization companies had such environments in which employer played a major role. They had the power over the employees forcing rules and regulation formed by the management. Interest of employers was above the interest of

A cooperative might too be defined as commerce owned and forbidden evenly by the citizens who employ its services or by the populace who employment there.

Within the labour relation environment the actors who are the labour union, managers and government organizations interact with each other, negotiate and use economic power in the method of determining rules that constitute the output of the industrial relations system. The system operates within technology, product markets as well as the distribution or power in society