Report on Arcadias TOPMAN Essay -- Arcadia Business Management Essays

Report on Arcadias TOPMANIntroductionOn the following pages you will lift a formal fib investigatingArcadias TOPMAN.It is a detailed report looking into several different aras ofTOPMAN.In this report you will find information about- The feares legal status- The backupes objectives- The different department inside the business and what they do- The management style the business uses- The culture the business has- The ICT used in the business- The types of communication used in the businessThere are at several different types of business the primary(prenominal) ones beingsole bargainer, league, private limited society, public limitedcomp either and franchise.All of the above company types are slightly different from each(prenominal) other.A sole trader is a company that is owned by one person. They are theirown boss, they make their own decisions, wholly the make head port that thebusiness makes they have, they have the freedom that you striket getwhen you are working for psyche and a sole trader business is on the loose(p) toset up.Also being a sole trader has disadvantages, the owner has to deal withall of the loss of the company (unlimited liability), they have towork grand hours because they have to run the business them selves,they have fewer holidays than you would working for someone becausethey have to do everything them selves, get money to gelt up asole trader business can sometimes be problematic because if a loan was conveyed banks hesitate when giving sole traders a loan because a veryfew amount of sole trader business succeed, they usually go out ofbusiness in the starting time year of trading.A partnership is a company that has to be owned by between two andtwenty race.Investors in a partnership company can decide to join the company as asleeping partner which is a person who invests money into the business merely takes no part in the running, because in that location are plugs of peoplerunning the business all the experien ce that every member of the manpower can be shared, all of the workload that needs to be dontcan also be shared, all of the loss or expenses can be shared betweenall of the partners therefore there would be a less amount to even out, themoney that is needed to start the business can be made easier becausethere is a lot more people to combine there money together, alsogetting a... ... in higher profitturnover.Not only was the version 5 till system a strength but it also createda weakness, when the till system was first introduced for the first 4weeks there were a lot of problems with them, they started, workingextremely slow, declining most cards that customers wanted to paywith, freezing.All of the above problems caused TOPMAN to loose a lot of customers,when these problems happened the till had to be re-booted which tookon aerage 10-15 minutes and customers used to get fed up and leave. communication in TOPMAN is highly important when it comes to meetingthere objectives, because TOPMAN has so galore(postnominal) departments that arespread out all over England it is extremely to a great extent to communication witheveryone, but it is important.TOPMAN has developed several ways to effectively pass with allof them departments whether its through e-mail, or telephone TOPMANhas a way to communicate with every person in the business at anytime.So the communication in TOPMAN is very effective and helps TOPMANachieve all of its objectives by providing every member of staff withthe option to communicate with anyone they need at any time.