Report on Contrasting Organisations
I have been asked to write a report describing the type of businesses of two different companies on different sectors. This report will include the purposes of each of them and the type of ownership they have, e. g. if the company is a private limited, or a public limited and etc. This report will also include a clear understanding of the two chosen companies’ principles, as well as the concept of stakeholders. As well as that the report will consist of a comparison between the two companies and the sector in which they are in.
The aim of this report is to thoroughly explain in what ways the two businesses differ from each other, what sector the two companies are in, how big each firm is, what their aims and objectives are, their mission statements and what products and services they offer, sell or provide. In order to achieve the aim of this report I will research about each company so that I can find out all the information I need to write up this report. Once I have gathered all the information I need I will then edit and reword it according to all the tasks in this report. Research:
For this report I have decided to talk about one company in the private sector and another one in the public sector. Therefore I have chosen Sainsbury’s and NHS as I thought these companies were very popular, which would facilitate my research about them. I will be getting most of the information I need from the internet through their own websites and forums, as well as considering what I already know about them. I may also use books or leaflets to help me add more quality to this report. Sainsbury’s: Sainsbury’s Corporate was founded in 1869 by John, James and Mary Ann Sainsbury in a poor area in London.
It quickly grew and became popular as the store was able to provide its customers with quality food at affordable prices. As the years passed by the company became very popular, and currently it has 502 supermarkets, 290 convenience stores as well as its very own bank. J Sainsbury plc or Sainsbury’s as it is known is a public limited company which means that its shares can be offered to the public. Public Limited Companies (PLC) such as Sainsbury’s get money from the share owners and investors, and if profits are recorded their shares increase in price, however if losses are recorded their shares decrease.
As one of Britain’s biggest retailers, Sainsbury’s has many purposes and aims so that its overall goals can be met. Sainsbury’s main purposes are:A great place to work; i. e. show staff how important they are, as well as providing them with a safe and joyful environment to work in. Key Stakeholders and Their Interest: As a well known business Sainsbury’s has many stakeholders who are affected by every step the supermarket chain takes. Whether the company’s profits and sales increase or decrease, stakeholders are still affected by it.
The table below shows some of the key stakeholders involved with Sainsbury’s Plc: Key Stakeholders What makes them stakeholders? Suppliers As to every stakeholder suppliers also have a big interest on Sainsbury’s performance, as they directly affected by the way the supermarket works. I. e. if the company’s profits soar, the demand for products from suppliers is also likely to increase. However if profits and sales shrink, the demand for products are also likely to decrease. Customers Customers are also key stakeholders, as they can be affected by company’s decisions.
E. g. if prices go up or down, or the lack of excess availability of certain products and etc may also have an impact on them. As well as that, customers have a great interest on how their local store is performing and all the special offers available. Staff All employees at Sainsbury’s also play their part as stakeholders, as they are affected by everything that happens to the company. They also have an interest in the company activities, e. g. career options, future projects, adverts, events and etc. Local Community The local community as well as customers is another main stakeholder.
However the local community and customers play a different stakeholder role. E. g. local communities are normally affected when new stores are to be open, as they may value properties prices and satisfy local customers’ needs. On the negative side however, small local shops may not be strong enough to compete with big companies, and they may therefore shut down, affecting the local community itself as well as regular customers. Shareholders Shareholders are also stakeholders as they have a big interest on the company’s performance, prices, promotions and most importantly profits.
Also as investors they have an interest in future plans and projects for the company. Government The government is another stakeholder and therefore has a huge interest on the company’s performance, as it receives large amounts of taxes from the company. As well as taxes Sainsbury’s employs thousands of people, which is another favourable factor for the government as it wants the least amount of people as possible unemployed. Charities Certain charities that are in association with Sainsbury’s are other stakeholders which have a huge interest in the company.
They are normally interested in the company’s performance, as they depend on it to acquire as much money as possible for their charitable campaigns. Environmental Organisations Environmental organisations such as Greenpeace are also stakeholders. Greenpeace and Sainsbury’s as well as other eco-friendly companies discuss all possible ways to minimise the impact they have on the environment. E. g. at meetings they acquire new ideas to recycle, be more energy efficient and to reduce their waste and etc. NHS:
The NHS was launched in 1948 from a very ambitious project to bring health care and benefits to everyone regardless of their wealth or class. The NHS is one of the worlds’ most publicly funded health services, providing everyone residing in the UK with health care services. The NHS also employs a work force of 1. 5 million people, and is able to cover all of its costs, i. e. wages, drugs, training, medical equipment, buildings and etc through taxation. As previously mentioned the NHS (National Health Service) is publicly funded, which means it gets money from the government who gets funds from taxpayers.