1. Administration level 3 Unit 16 Understanding roles and functions within business organisations Unit 16 Understanding roles and functions within business organisations 1

2. Business objectives Examples: To increase revenue To maximise profits To become more environmentally friendly To provide more staff training and attract good staff Maintain/improve customer service Increase market share Examples: To increase revenue To maximise profits To become more environmentally friendly To provide more staff training and attract good staff Maintain/improve customer service Increase market share 2

3. Profit; private sector The prime motivator for most businesses in the private sector, is to make a profit If they don’t they may go bankrupt Limited companies and Plcs need to make a profit in order to keep their shareholders happy The shareholders are the owners of such companies Examples of plcs are; Sainsbury, Marks and Spencer, Virgin The prime motivator for most businesses in the private sector, is to make a profit If they don’t they may go bankrupt Limited companies and Plcs need to make a profit in order to keep their shareholders happy The shareholders are the owners of such companies Examples of plcs are; Sainsbury, Marks and Spencer, Virgin 3

4. Public sector These organisations are run by the government which means they are financed by tax payers money They are owned by us, the taxpayers They are not set up to make a profit but to provide us with a service Examples are; Armed Forces, Police, Fire, Ambulance, Education, NHS These organisations are run by the government which means they are financed by tax payers money They are owned by us, the taxpayers They are not set up to make a profit but to provide us with a service Examples are; Armed Forces, Police, Fire, Ambulance, Education, NHS 4

5. Charities/Not for profit These don’t seek to make a profit but need to achieve sufficient income to pay their expenses and to take on new projects etc These organisations often get grants and funding from a variety of sources; they also fundraise in many ways and try to attract donations from the public Examples are RNIB, RSPCA, Oxfam, Cancer UK These don’t seek to make a profit but need to achieve sufficient income to pay their expenses and to take on new projects etc These organisations often get grants and funding from a variety of sources; they also fundraise in many ways and try to attract donations from the public Examples are RNIB, RSPCA, Oxfam, Cancer UK 5

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