1. Introduction This article is about the comparison of two businesses; a PLC, Asda and a charitable trust, the RSPCA. I am going to be investigating the most influential stakeholders within the two if the organisations and whether or not the organisations choose their aims and objectives purely based on their stakeholders. 2. Asda This section is about a public business called Asda. Asda’s aim is to make goods and services affordable and their vision for the future is to be Britain’s best value retailer, exceeding customers’ needs always. This organisation sells over 40,000 products, ranging from groceries, George clothing, household goods and finally, electronics. Asda is a national company, but they have a parent company called Walmart, which is American. Asda is owned by an American company and has several shareholders. An example of some of Asda’s shareholders are ‘generally old-age pensioners, banks and insurance companies’ according to an essay with the title of Asda’s Ownership by David Salter. This business belongs to the tertiary sector, which is after the primary and secondary sectors. The primary sector …show more content…
The advantages of a PLC are that shareholders have limited liability, according to Google dictionary means ‘the condition by which shareholders are legally responsible for the debts of a company only to the extent of the nominal value of their shares’, there is a continuity of the business if the shareholders die, and finally, there’s no maximum on the number of shareholders you can have, with a minimum of 2. However, there are also disadvantages of being a PLC, one of which being that there are a lot of legal formalities which means that it’s costly and time consuming, another disadvantage is that the original owners may lose control of the business due to the size and popularity of the organisation, and finally, management may slow down with decision