Tuesday 10th February 2004 Business Studies - Portfolio In this portfolio I am issue to ask two contrasting businesses and I will be appeal information from each of them such as: ØTheir primary(prenominal) activities, aims and objectives and ownership. ØHow they atomic number 18 organised. ØHow they communicate intern aloney and awayly. ØTheir external influences. The two businesses I view decided to investigate be Richer Sounds and the Tanning Shop. Richer Sounds Activities: Richer Sounds main activities be selling great take to be hi-fi and other colligate equipment and providing a great work to their customers. Richer Sounds sell all sorts of equipment such as hi-fi separates, home(a) cinema systems and plasma quiz TVs, so they obviously involve competitors who to a fault sell this sympathetic of equipment such as Dixons, Currys and Comet, which is why Richer Sounds always try to keep up with all the new developments and also specialise in specific types of equipment. They ar also very good at keeping competitive. They are constantly trying to please their customers and also investigate their competitors in order to remedy their own gross sales by keeping lower prices. Ownership: Richer Sounds is an unlisted public rise company, this means they are not listed on the stock treat and the owner has a limited liability for any debts.
Julian Richer decided not to be listed on the stock change because if he did then he would draw back some of the secure of the business to the new shareholders and therefore would have added pressure from them to mend their profits, so if he keeps the company unlisted the n he will have the benefit of having full co! ntrol over the business. Aims: Richer Sounds think that it is very important for everyone in the organisation to support their aims so they can achieve them efficiently. They have made... If you want to lose a full essay, order it on our website:
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