britvic plc
BRITVIC T1 Britvic is a public limited company. ... Advantages -Plc usually have the financial resources to trade throughout the world and to compete in the toughest of markets oversees. ... -They are able to sell shares on the stock market and therefore Plc companies experiences fewer difficulties in raising capitals than most types of other business. ... Once Britvic is listed on an exchange, it must continue to retain professional advisors in order to ensure that it complies with the complex requirements of the securities regulatory regime. T2 The objectives of britvic are: -Profit maximisation refers to the extent to which revenues exceed costs. ... To make sure as best as possible to give customers quality (as in product how well is it suited to its purposes, is it as good as its rivals or better) and price of products to be reasonable as this in return will give britvic a better image with consumers and increase sales. ... Britvic business not only affects the neighbours but also the environment as a whole. ... Companies such as Britvic cannot do anything without a production function as millions of items are produced and sold everyday. This helps the organisation meet its objectives enormously because if production of goods is not up to standards, then the customers will purchase competitors products which will be less faulty and very reliable than Britvic So the production function has to make sure that its own products are being produced in the right manner. Otherwise Britvic will lose sales and will not maximise profits. ... Democratic Style This sort of style will be used in Britvic in the higher levels of hierarchy, people with higher qualifications such as the marketing department and research and development Britvic plc uses a democratic style of leadership, this gives employees to participate in two way communication this makes the employees much more motivated and wanted than any other style of leadership. ... Autocratic Style Britvic will also take up an autocratic management style. ... This is seen as a strict type of leadership Disadvantages -Employees may resent work because they are controlled by the leader and may relax their effort when not supervised -Lack of teamwork and social contact makes it hard to communicate with each other Advantage Quick decisions are easier to handle and does not take time unlike democratic style Paternalistic Style When a fire drill occurs in Britvic plc everyone has to follow the company rules and procedures in order to minimise injuries and fatalities. ... Role Culture This sort of culture provides Services to the community, Develop a skilled workforce and offers high quality products and services Role culture is mainly used at the production in Britvic. ... A business like Britvic may seek to, high quality products, maximise products and Increase market share or sales. Britvic attaches importance to expertise, flexibility and creativity. ... Britvic uses this type of communication internally and externally. ... The Internet used to communicate with consumers; this or is a major growth area for Britvic. ... The marketing team of Britvic will find this very useful in order to gather information about customers and competitors. ... Britvic can use this to communicate quickly with suppliers or important business people relating to britvic as everyone carries a mobile around. ... These computer systems can help organisations: -To process complex information -To increase job satisfaction -Collect information at source -Communicate via the Internet -React to changes in the business environment Intranet Britvic has a network in the organisation. ... Britvic uses this internally to keep records of financial records and confidential information which the organisation and employees are only allowed to view. Britvic benefits from this by using Intranet by putting corporate information about their business and show how the business is doing and only the employees can view it. ... Britvic uses video conferencing in order to improve co-ordination and to save travel time and cost. ... For external use, Britvic can connect to refineries abroad and ask questions that need answers straight away. ... Task 6 Production process Britvic covers all the activities that must be undertaken to make the firms products from the receipt of raw materials through to the output of the final product. ... Production Process Britvic Pepsi can More than 7 billion Pepsi can drinks are manufactured in the UK each year. ... Britvic employees must make sure this is done very precisely. ... Britvic’s market analysis should produce indication of why your potential customers are buying products from competitors. This then helps britvic solve their problem by providing better quality product then their competitors. ... The commitment to quality is installed into everyone from the moment they join Britvic. ... Imagine that you bought a product from Britvic that turned out to be faulty. You are likely to be frustrated and consider Britvic with some contempt at having to return the goods. ... A company like britvic ensures that the production process and the quality assurance add value to the products. ... T7 This task is about how well Britvic is meeting its objectives. This means I am going to have to make judgements about how successfully the business is meeting its objectives I will do this by contacting Britvic and asking for the category report 2003 and the Annual review and summary financial statement 2002, from this I found out the following things Two of Britvics objectives are to increase turnover and to achieve a higher turnover from the previous year. ... Fruit shoot has achieved a clear brand leadership and a major player in the take-home market J2O 83 First ever TV advertising boosted distribution and resulted in increased brand awareness Executive summary of profit maximisation Another Britvic objective is increasing sales. Britvic continued its strong growth in 2002 achieving a 5% increase in value and a 3% volume increase in take-home. ... Contribution to society This is another objective of britvic which has been met. ... Employee Fundraising A fruitful two years with Britvic In September 2002, Britvic nominated The Childrens Society as its Charity of the Year.