Saturday, March 30, 2019
Business Comparison of Boots and Oxfam
Business Comparison of charges and OxfamAs a chemical pigeonholing of Business Analysts, you hold in been advised by your senior managers to select cardinal contrasting professi angiotensin-converting enzymes and add a narrative on the following signalise the soulfulnessa of demarcation, purpose and ownership of the two contrasting businesses flip the various stakeholders who baffle the purpose of the two contrasting businesses draw how two businesses argon deck updExplain how their carriage of formation serves them to litigate their purposes get word the curve of two contrasting economic environments on business activities within a selected tellingDescribe how policy-making, sound and well-disposed factors ar impacting upon the business activities of the selected organisations and their stakeholders. footThis assignment focuses on two different types of businesses namely Boots and Oxfam.Describe the type of business, purpose and ownership of the two contra sting businessesBoots Type of Business Boots is externalist pharmacy, led health and beauty groups de snuff itring a range of products and function to customers. It started in 19th century as an herbalist store by bathroom Boot in Nottingham. In1870 the Boots business begins to develop under the management of Jesse Boot. 1883 Boot Company Ltd organise.1898 Boots Library realized. In 1915 Edgar Moss bought his primary pharmacy business in Feltham. In the year of 1929 D1 soap factorys building completed in Beeston site, Nottingham.1935 No7 cosmetics launched.1936 Boots discriminate opened in New Zealand.1939 Soltan sun c be range introduced. 1947 Boots established to carry off tout ensemble sale business in Australia, Canada, and Pakistan and in some some former(a) East countries.1949 New Boots factory opened at Airdrie in Scotland to manufacture cosmetics. One impertinently factory in Bombay (India) went into production.1951 first self-service started in London.In 1954 , E. Moss opened its first photographic store in Staines.1969 Boots Launched Ibuprofen in the UK. In 1971 Company renamed the Boots Company Ltd. Achievement of bend Laboratories Ltd. In1983, Nurofen launched following the approval of Ibuprofen. 1985 Boots received the Queens Award for technological feat for the disco genuinely and development of ibuprofen. Boots Opticians Ltd formed in 1987, with the acquisition of Clement Clarke Ltd and season and Paxton Ltd.In the 1990, Boots contract, Manufacturing and Boots Healthc be foreign were established. In 1992 Electronic Point of flip-flop computer installation completed in all boots stores. 1997 UniChem Plc. merges with Alliance Sant to stick declamatoryst pharmaceutical. Advantage card launched. In 2001 Boots Opticians offer the earths first disposable comprehend aid, Songbird. In the year of 2010 Alliance Boots and Pharmaceutical finalise agreement for singly owned pharmacy concatenation in Sweden under Boots brand.Ownersh ip of Boots Boots is a private company, the UKs leading pharmacy-led health and beauty retailer. With over 2,500 stores in the UK, ranging from local anesthetic anaesthetic alliance pharmacies to large destination health and beauty stores. Boots UK is part of the sell Pharmacy International Division of Walgreens Boots Alliance, Inc, the first global pharmacy-led health and salutary-being enterprise.Boots UK Limited( creatorly Boots the Chemists Limited), trading as Boots, is a pharmacy chain in the join Kingdom and Ireland, with outlets in most extravagantly streets, shopping centres and airport terminals. The companys former parent, The Boots Company Plc, merged with Alliance UniChem in 2006 to form Alliance Boots. In 2007, Alliance Boots was bought by Kohlberg Kravis Roberts and Stefano Pessina, taking the company private, and moving its headquarters to Switzerland, the first ever FTSE 100 company bought by a private impartiality firm. In 2012, Walgreens bought a 45% stake Alliance Boots, with the option to corrupt the rest within three years. It exercised this option in 2014, and as a provide Boots became a subsidiary of the new company, Walgreens Boots Alliance on 31 December 2014.Boots operates over 2,500 stores across the United Kingdom and Ireland ranging from local pharmacies to large health and beauty stores. Boots stores are primarily located on the high streets and in shopping centres. It sells numerous health and beauty products, and overly provides lens maker and hearing care service within stores and as standal peerless practices. Boots to a fault operates a retail website and runs a loyalty card programme branded as the Boots Advantage Card.Mission and Purpose of BootsThe mission of Boots is to be the first select for pharmacy, health and beauty caring for concourse, customers and comm unities everywhere.Boots purpose is to provide goods and services to help their customers look and feel better than they ever thought possible. Boo ts Company is very well known in different department such(prenominal) as in production of biggest health and beauty brand, Botanic, Ibuprofen, and No.7. And it also gains life-threatening in customer services. Boots Company encourages the latest technologies and modern formulas to achieve the goals and objectives with new strength of the innovative approaches and creativity. So, the cost control is also the important factors in the company to remain in the business world.The Organisational Structure of Boots is illustrated in inscribe 1 to a lower place2nd Organisation Oxfam InternationalOxfam International was formed in 1995 by a group of independent non- governmental organizations. Their aim was to work together for coarseer impact on the international stage to wince poverty and injustice.The name Oxfam comes from the Oxford Committee for Famine Relief, founded in Britain in 1942. The group campaigned for food supplies to be sent through an allied naval seal to starving wo men and children in enemy-occupied Greece during the Second World War.As well as becoming a world leader in the delivery of nip relief, Oxfam International implements long-term development programs in vulnerable communities. We are also part of a global movement, campaigning with others, for instance, to end unfair trade rules, submit better health and education services for all, and to combat temper change.Today, in that respect are 19 member organizations of the Oxfam International confederation. They are ground in Australia, Belgium, Canada, Denmark, France, Ger galore(postnominal), Great Britain, Hong Kong, Ireland, India, Italy, japan, Mexico, The Netherlands, New Zealand, Quebec, South Africa, Spain and the United States. The Oxfam International secretariate is based in Oxford, UK. The Secretariat runs advocacy offices in Addis Ababa, Brussels, Geneva, New York and working capital DC.Vision, Mission, Values, Purpose and Beliefs of OxfamOxfam vision is a just world witho ut poverty. Oxfam wants a world where mountain are harbord and treated equally, enjoy their rights as full citizens, and tolerate influence decisions meeting their lives.The purpose of Oxfam is to help draw dour solutions to the injustice of poverty. Oxfam is part of a global movement for change, empowering people to create a future that is secure, just, and free from poverty.Oxfam believes that everyone has a right to realize their potential, and to live free of poverty in a secure and more than equitable world. They believe that with the necessary action and political give, this world is possible.Oxfam also believes that people arouse a right to life and security to a sustainable livelihood to be heard to confuse an identity and to have approach to basic social services. Oxfam subscribes to all international covenants on rights, and to the Universal proclamation of Human Rights.Type of ownership and efficacious FormOxfam is an International non-governmental organiza tion. An international confederation of charitable organizations foc employ on the alleviation of global poverty.Oxfam International is a confederacy of thirteen independent aid, development and advocacy organizations. Oxfam India and Oxfam Japan are also associated with OI, with some(prenominal) organizations set to become full affiliates in the near future. Rostros y Voces, a not-for-pro gather organization based in Mexico before long has observer status in anticipation of becoming fully associate to OI.The federation is supported by the Secretariat, a not-for-profit Foundation with its registered office in The Hague, Netherlands.The purpose of the Secretariat is to provide leadership, coordination and facilitation to the Confederation as a whole, and to provide individual support to accords where necessary.Oxfam International is governed by three constitutional documents The authorship which governs the actions of SecretariatThe Code of Conduct which regulates the use of t he Oxfam brand and criteria for membership of the ConfederationThe Rules of Procedure which relate to the governance of the OI get on, draw of new members and dispute gag law practice within the Confederation.Each Affiliate subscribes to the constitution through an affiliation agreement which governs the relationship between OI and the Affiliate, ensuring a commitment to OIs objectives.Oxfam has a great presence on social media including Facebook and Twitter. Organizational Structure of OxfamOxfam International get along with The OI Board comprises the Executive film director, Chair of for each one Affiliate, and the Oxfam International (OI) Chair. The Affiliates Chairs are pick out members and are non-remunerated. The Executive Directors and the OI Chair are all non-voting-members. The Board also elects the Deputy Chair and Treasurer from among its voting members. The Board is trusty for ensuring that OI is accountable, transparent, and fit for purpose. The constitution and Strategic Plan are also approved at Board level. The Board takes recommendations from Executive Directors and covers that the Confederation is working to its agreed aims. The Board also agrees membership of the Confederation, selects the Honorary President, the Honorary Advisor, the Board bunkrs and the OI Executive Director. A number of subcommittees with expert members are also man get outd by the Board to incite with specific issues.Executive Directors The Executive Directors (EDs) include each Affiliates Executive Director and the OIExecutive Director. The latter works with Affiliate Executive Directors as a peer in order to reach consensus and form recommendations to be do to the OI Board. As well as Affiliate responsibilities, the EDs form the non-voting half(a) of the OI Board.They operate as a group to take those decisions which are not required to be tabled at the Board.They agree the operating architecture of the Confederation and have general responsibility for ini tiating and management of the Strategic Plan. They are responsible for organizational alignment, OI budgetary decisions and alignment of their own Affiliates to achieve OIs objectives.Global aggroup The Global Team (GT) consists of up to 16 senior staff, nominated by Affiliates and selected on merit by the EDs. The GT is accountable to the EDs and membership is force field to a fixed renewable term to ensure rotation. The GT is responsible for the instruction execution of the Strategic Plan by without delay supporting delivery groups and streamlining Affiliate operational plans in electron orbits such as campaigning, advocacy, marketing and programs. Within this slow up the GT are required to promote monitoring, evaluation and learning initiatives within the Confederation.Countries of proceedingOxfam works in more than 90 countries, with development programmes in Africa, the pump East, Latin America, across Asia and in parts of Eastern Europe. Under Oxfam wizard management system, each of those countries is managed by one Oxfam affiliate to develop programmes jointly.Describe the different stakeholders who influence the purpose of the two contrasting businessesStakeholder A stakeholder is referred to as anybody who has an interest in an organization or business. An organizations actions, objectives and policies endure be touch on for stakeholders. There are two main types of stakeholders, namely primary stakeholders who are usually internal stakeholders engaged in economic transactions with the business such as customers, suppliers, creditors and employees.Secondary stakeholders on the other bargain are usually external stakeholders who may not necessarily engage directly in economic exchange with the organization, for example, the general public, the government, local communities, activist groups, business support groups and the media.Influence of different stakeholders on Boots and OxfamThere are two internal and external stakeholders for Boo ts and Oxfam. Examples of stakeholders include the followingOwners or shareholdersManagersEmployeesCustomersSuppliersGovernmentsThe Local friendshipOwnersEvery given organisation is owned by an individual, partners or a group of shareholders who form a company. In relation to both Boots and Oxfam, they have a great influence on the direction of the organisations. These include the recruitment, pick and employment of workers and volunteers, identifying suitable set forth and procuring machinery, equipment, raw materials and resources. The owners have to take these decisions to ensure that the organisations function according to their purposes and objectives as well as remain moneymaking in motivating their staff to maximise their performance, however, Oxfam in this grammatical encase is a charitable organisation whereas Boots is a profit making organisation.Employees/VolunteersEmployees in the case of Boots and Volunteers in the case of Oxfam are relevant stakeholders. Their pe rformance and how tasks are carried out may shine the organisations objectives. Achieving tasks may require police squadwork and therefore they must have good interpersonal skills. And they must follow organisational policies and procedures.The employees of Boots to a large issue may organize themselves in a workers union and ensure that the management provides favourable working conditions, pay structure, flexible shift patterns, among other things. Also, employees in some ways decide how profitable a business would be and can impact on the companys service delivery. Oxfam volunteers and affiliates on the other hand also have much impact on the successful trading operations of the organisation in meeting the objectives of the charity.Suppliers Suppliers who fork over the goods and services that are provided by the organisations to their customers are place stakeholders for these organisations. They are an example of external stakeholders.Costumers are other types of stakehold ers. They are the supporters of the business in the economy and they purchase goods and services to meet their needs and wants. Customers are influential and very important to any organisation be fountain when their needs are not met, they go elsewhere and the business looses patronage. squelched customers are crucial to the successful operation and growth of Boots as well as Oxfam. Customers are also able to influence the direction of the organisation based on their taste and withdraws. This helps the organisations to identify changing trends in the market. In the business environment, especially in the case of Boots, the consumer is considered as a antecedency and influences the objectives of the business. Due to add-ond competition, it very important the that organisations keep their customers satisfied by offering them good quality products and services.Governments are important stakeholders. The government makes legislations and conventions which govern all organisations a nd businesses including Boots and Oxfam, for example, Health and Safety Act, Equality Act, Disability, etc. In the case of Boots, the percentage of business rate to pay the government skill influence an amplification in the monetary values of their goods and services. Local authority regulations on licence of premises where they operate may influence the opening and closing times of these organisations. Consumer apology legislation affects how the organisations relates with their customers. Boots on the other hand is required to comply with government regulations in relation to their own organisational objectives.A change in regulation requires a corresponding change in the way the organisations operate, for example, regulations on taxations laws, VAT, immigration, importations, farm etc have effect on the operations of the organisations.The Local Community The local communityhave a great interest in localbusinesses as they provide them with jobs and train opportunities. Local communities get out mainly depend on local shops and organisations and other suppliers. By their activities and operations some organisations create pollution, traffic congestions and noise, however, the local community provide not want these to happen as it clears health risks to them.Describe how two businesses are organised Boots and OxfamExplain how the style of the organisations help them to fulfil their purposesOrganisations or Businesses like Boots and Oxfam are normally organised by their functions, for example, HR department, marketing department, production department, gross sales department, accounts department, etc, depending on the size of the organisation. The reason is that, mathematical group them together allows the functions to benefit from specialisation and division of labour which then results in lower unit costs and a greater efficiency in achieving organisational objectives, whereas in some extreme cases, it may also lead to departmental rivalry.Larger or ganisations might have a number of businesses within the whole company. This would be coordinated by a Head Office, where all the major(ip)(ip) decisions are made.This explains why various organisations are organised structurally as followsOrganisational structures Hierarchical structures mat Structures Tall Structures Organisational structures An organisational structure is a system used to define a hierarchy within an organisation.They can be incorporated byFunction the part of an organisation designed to meet a purpose.It has the advantage of each department focusing on its own department, plainly when a disadvantage of creating a gap between top and lavatory of the chart, and coordination may take too long.For example, Boots has the HR department which is responsible for hiring and firing.Geographical area where the business is located. The advantage is that it serves local need better, except may result in conflict between local and central management.Product group havi ng break away divisions, with an advantage of helping people meet customer needs, however, there may be duplication of functions. Type of consumer different areas that deal with different types of customers.Flat organisation structures are structures with less levels.Advantages easier decision making greater confabulation people can take more responsibilityDisadvantages many people go forthing be involved with decision making limited to smaller organisations Tall Structures A tall structure is a long chain of command. As the organisation grows, the structure grows taller where each manager controls a plastered group of people. Advantages Bigger opportunities for workers to reach high levels of the structure.Disadvantages More people describe to the top managerHierarchical structuresHierarchy is a system in which members of an organisation are ranked according to authority. Advantages Employees know who to report to when there is an issue or there are any questions tha t need to be asked. Helps new employees by letting them know who they are working with. Helps to organise the workload.Disadvantages organisational charts have to always be updated except keeping them up to date can be hard especially for large companies Hierarchy is a system in which members of an organisation are ranked according to authority. A hierarchical structure is a pyramid-shaped structure that only has one person at the top and very few individuals that can directly report to him/her.Advantages it is easy to see what each team is called and how many members each team has and how they relate to the other members in the teamDisadvantages it is harder for people that are on the lowest level of the structure to get to directly report to the one at the topA business whose decision-making originates from one place only is known as a centralised organisation. Normally the Head Office will decide on the major elements of strategy, no matter where the manufacturing plants and sales teams are positioned around the country or globe. This means that there are good opportunities for economies of scale.Other businesses, especially multinationals will opt for a more decentralised organisation where the individual businesses within the whole company group, make decisions for themselves. This means that there is more opportunity to react to the changing marketplace, which is one of the advantages of a small firm. However there is a possibility that these organisations which may operate in different parts of the world like Oxfam might be duplicating research or not bargaining in such a strong position as a bigger overall company.When a business reaches a certain size it might erupt into different departments.These departments will specialise, employing people with expertise in these areas.The main departments in a well-established business are typicallyA hierarchical style organizational structure means that there will be fewer people at the top of the company managing the people below. It allows the directors to make the key decisions regarding the operations of the organisation.Describe the influence of two contrasting economic environments on business activities within a selected organisationDifferent economic environments affect business activities within organisations such as Boots and Oxfam, some of them are discussed below make Demand is defined as the quantity of goods or services that consumers and businesses or customers are willing and able to buy at a given worth in a given time period. grocery store take away is the sum of the individual demand for a product from buyers in the market, in this case, the products or goods and services of Boots and Oxfam. turn inSupply is an economic conceit that describes the total amount of a specific goods or services that are operable to consumers. Supply can also relate to the amount in stock(predicate) at a specific hurt or the amount available across a range of prices if displayed on a graph. This is illustrated in the draw belowAs seen in the diagram above, considering demand and go forth together, the fork up relationship and demand relationship basically reflect each other at equilibrium, and the quantity supplied and quantity demanded intersect and are equal.As in the diagram above, bring is illustrated by the upward blue sloping line of business and demand by red downward sloping line at a price of P* and a quantity of Q*. The quantity of Boots and Oxfam goods and services demanded and the supply intersect at the Equilibrium Price. At this stage, suppliers are merchandising all the goods that they have produced and consumers are getting all the goods that they are demanding. This is the optimum economic condition, where customers/consumers and producers of goods and services are equally satisfied.Change in Demand for Goods and serve provided by Boots and Oxfam A change in demand will cause equilibrium price and output to change in the equivalent direction.a). A slump in demand will cause a reduction in the equilibrium price and quantity of a good.The strike in demand causes excess supply to develop at the sign price. unnecessary supply will cause price to fall, and as price falls producers are willing to supply less of the good, thereby lessen output.b). An increase in demand will cause an increase in the equilibrium price and quantity of a good. The increase in demand causes excess demand to develop at the initial price.Excess demand will cause the price to rise, and as price rises producers are willing to sell more, thereby increasing output.Change in Supply of Goods and Services provided by Boots and OxfamA change in supply will cause equilibrium price and output to change in reverse directionsAn increase in supply will cause a reduction in the equilibrium price and an increase in the equilibrium quantity of a good. The increase in supply creates an excess supply at the initial price. Excess supply causes the pric e to fall and quantity demanded to increase. An decrease in supply will cause an increase in the equilibrium price and a decrease in the equilibrium quantity of a good. The decrease in supply creates an excess demand at the initial price.Excess demand causes the price to rise and quantity demanded to decrease.Changes in Demand and Supply of Goods and Services provided by Boots and Oxfam If demand and supply change in opposite directions, then the change in the equilibrium price can be determined, but the change in the equilibrium output cannot.A decrease in demand and an increase in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity cannot be determined. For any quantity, consumers now place a lower value on the good, and producers are willing to accept a lower price therefore, price will fall. The effect on output will depend on the intercourse size of the two changes. An increase in demand and a decrease in supply will cause an increase in equil ibrium price, but the effect on equilibrium quantity cannot be determined. For any quantity, consumers now place a higher value on the good, and producers must have a higher price in order to supply the good therefore, price will increase. The effect on output will depend on the relative size of the two changes.If demand and supply change in the same(p) direction, the change in the equilibrium output can be determined, but the change in the equilibrium price cannot.If both demand and supply increase, there will be an increase in the equilibrium output, but the effect on price cannot be determined. If both demand and supply increase, consumers wish to buy more and firms wish to supply more so output will increase. However, since consumers place a higher value on each unit, but producers are willing to supply each unit at a lower price, the effect on price will depend on the relative size of the two changes.If both demand and supply decrease, there will be a decrease in the equilibriu m output, but the effect on price cannot be determined. If both demand and supply decrease, consumers wish to buy less and firms wish to supply less, so output will fall. However, since consumers place a lower value on each unit, but producers are willing to supply each unit only at higher prices, the effect on price will depend on the relative size of the two changes.Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders.Political, economic, Social, Technological, Environmental/Ecological and Legal (PESTEL) factors/analysis is an effective method to analyze the impact of global forces on UK Business Organizations including Boots and Oxfam.PoliticalThere are many external environmental factors that affect the operation of organisation like Boots and Oxfam. These include political, legal and social factors. Politically, many aspects of government policy can affect business as all organisations must follow the law. Managers must consider how upcoming legislations can affect their activities.The political environment can impact Boots and Oxfam in many ways. It could add a risk factor and lead to a major loss. Political factors have the power to change results. It can also affect government policies at both local and national levels, so Boots and Oxfam should be ready to deal with the local and international outcomes of politics.Changes in the government policy make up the political factors. The change can be economic, legal or social. It could also be a mix of these factors.Increase or decrease in tax could be an example of a political element. The government might increase taxes for some companies and lower it for others. The decision will have a direct effect on the business operations of Boots and Oxfam. Government interventions like shifts in interest rate can have an effect on the demand patterns of Boots and Oxfam. Some factors create Inter-linkages in many ways, for examplePolitical decisions affect the economic environment.Political decisions influence the countrys socio-cultural environment.Politicians can influence the rate of emergence of new technologies.Politicians can influence acceptance of new technologies.The political environment is
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