As you know there are different types of Ownerships in a business such as a Sole Trader, Partnerships, Private Limited Company, Public Limited Company and Franchisees. Today, I am going to compare two Business's Aims, Objectives, Ownership and the purpose of the businesses.

Friday 26 November 2010

Comparing the Aims, Objectives, Ownership and the Purposes of two Businesses

Cancer Research aims are to fund raise, to provide goods and services to the local and wider community, to survive, to expand, to maximise sales through improving quality, to provide a high competitive service, to provide a charitable or voluntary service and to be environmentally friendly.

Cancer Research aims are not to make a profit but to make fund raise.
To provide a service to the local and wider community such as collecting clothes from the community, work in junctions with hospital.                                                
To survive so they can help the community as long as they can.            
To expand so more people can get to know about the Cancer Research and they become more familiar.                                                                                                           
They maximise sales through improving quality and adverts also they want more people to donate.                                                                                                                        
To provide a high competitive service, for example people standing outside of Tesco with buckets. By providing a high competitive service they will get more people.           
To provide a charitable or voluntary service, for example the workers don’t get paid, it’s all voluntary work.                                                                          
To be environmentally friendly; to be friendly with the people, so they feel comfortable, safe and happy.  


Cancer Research objectives are to sell more products than its competitors, provide more product and service than last year, produce new goods and services and improve a product or services.
 
Cancer Research can sell more products than its competitors by them advertising their service offered to help cure cancer on TV and advertisements. This will mean that more people are aware if what they do, so they would want to help them even more. This will increase sales and competition.
Providing more products or services than last year – They can make comparisons with other competitors to see what they are doing in order to provide services and product.
Produce new Goods or Services – They can find out what the majority of their customers’ needs and wants are and then offer products and services based on their findings.
Improve a product or service – They would try to buy a new or advanced technology to improve a service.
Whereas in British Airways, their aims are to make a profit, provide goods and services to the local and wider community, to survive, to expand, to maximise sales through improving quality, to provide a high competitive service and be environmentally friendly.
To make a profit – British Airways want to make a profit so they can pay for the tax
By providing goods and services to the local and wider community British Airways will attract customers and will be able to provide a better deal for customers.
To survive so they can provide the best good and service to customers.
To expand so more people can get to know about British Airways and they become more familiar.
To maximise sales through improving quality of the service they provide and also by the adverts.
To provide a high competitive service such as advertising British Airways in TV, posters, leaflets and billboards.
To be environmentally friendly with the customers, so they feel happy comfortable, which would also be great for attracting new customers.
British Airways objectives are to sell more product than it's competitors, provide more product or services than last year, produce new goods or services and improve a product or service.
British Airways objective are to sell more products and services than its competitors. This can be done by British Airways advertising their service on TV, posters, billboards and leaflets.
Provide more products or services than last year – They can make comparison with other competitors to see what they are doing in order to provide the service.
Produce new goods or services – They can find out what the majority of their customers’ needs and wants are and then offer the service to the customers based on their findings. Improve a product or service – to improve a product or service, British Airways could introduce a new or advanced product or service. This would also improve the service or product.