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**__Employees.__** The Body Shop have 31,000 energetic, focused people who make profits with principles a reality in business, who care about customer service, and who believe that the best way to deliver our best customer experience is with great people.
 * __ ROLE OF BUSINESS IN SOCIETY __ **

**__What does it produce?__** The body shop produce products such as facial skin care for men and woman, make-up, bath & body ,hair, fragrance for men & woman, You name it the Body Shop have it all! They are thinking about testing products or ingredients on animals to be scientifically indefensible. But Every one of their products is animal cruelty free.  The body shop was the first companys who did not test theie products on animals. 
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__TYPES OF BUSINESS ORGANISATIONS__ ** The Body shop was set up because it was unique and unknown. It wasn’t there to make a profit, but it was lucky that way. The body shop was also set up by the five core values which are Support Community Trade, Defend Human Rights, Against Animal Testing, Activate Self-Esteem, and Protect Our Planet. 

The very first Body Shop was opened on 26th March 1976 in Brighton, on the south coast of England. By 1982 new shops opened at the rate of two per month. In 1985 the Body Shop its was their first year of being a public company.

Anita Roddick was the sole trader of the body shop. A sole trader is a  business that is owned by one person, It may have one or more employees. A sole trader is the most common form of ownership in the UK. If you are a sole trader it it so much easier as you have total control of the business, its is cheap and easy to start up, and you keep all the profit. But there is some disadvantages of being a sole trader such as you have unlimited liability which means you can lose everything, it can be very difficult to raise finance, and the banks will not lend you large sums of money.

The body shop is a public limited company. A public limited company is a type of limited company which is permitted to offer its shares to the public. The body shop is in the secondary sector as they are using raw materials and changing them into things we can use. It is also in the tertiary sector as the business is involved in providing a service for people.
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__OBJECTIVES OF BUSINESS__ ** <span style="color: black; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-themecolor: text1; mso-themetint: 166;">Objectives give the business a clear target. Plans can be made to achieve these targets. This can motivate the employees. It also enables the business to measure the progress towards to there aims. <span style="color: black; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">
 * __<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Business Objectives __**<span style="color: black; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">

<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif;">__The objections of the body shop are :__ <span style="color: black; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: Arial; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: Arial; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">1. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">To make a profit. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: Arial; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: Arial; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">2. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">To survive as a business or expand <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: Arial; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: Arial; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">3. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">To provide goods and services to the local and wider community. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: Arial; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: Arial; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">4. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">To maximize sales or improve the quality of a product. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: Arial; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: Arial; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">5. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">To provide a highly competitive service. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: Arial; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: Arial; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">6. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">To provide charitable or voluntary service. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: Arial; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: Arial; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">7. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">To be environmentally friendly.
 * <span style="color: #ff5c00; font-family: Arial,Helvetica,sans-serif; font-size: 18pt;">

__THE ROLE OF THE ENTREPRENEUR__ ** <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">An entrepreneur is the person who brings the business together. When starting a business entrepreneurs use their own money to put everything together, they take huge risks as they could lose everything if their idea of their business doesn’t work.

Anita Roddick opened the first body shop with the aim of making an income for herself and her two daughters. While her husband was away in South America. When husband returned, he joined the business, by 1991 the Body Shop had 700 branches, and Anita Roddick was awarded the 1991 World Vision Award for Development Initiative. In 1997 Anita Roddick developed The Body Shop most successful campaign e v er.

By 2004, the Body Shop had 1980 stores, serving over 77 million customers throughout the world. The Body Shop was voted the second most trusted brand in the UK and 28th top brand in the world.

<span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">A stakeholder is any individual or organisation that is affected by the activities of a business. They may have a direct or indirect interest in the business. If the business is successful it will benefit more people than just the owners, and then again if it doesn’t work, not just the owners but the people will lose out. The people who are affected but the success or failure of the business are known as stakeholders.
 * __STAKEHOLDERS__ **

There are two types of stakeholders:
 * <span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">INTERNAL ****<span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">- **<span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">These are Stakeholders from within the business
 * <span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">EXTERNAL ****<span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">- **<span style="color: #333333; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB;">These are Stakeholders from outside the business

<span style="color: #595959; font: 7pt 'Times New Roman'; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;"> <span style="color: #595959; font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">· **Customers** <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> -  They shop because of The Body Shops Values. <span style="color: #595959; font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">· **Employees** **+** **consultants** <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> -  Challenge the Body Shop to do better, and live up to their values. <span style="color: #595959; font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">· ** NGOs (1) ****<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; font-weight: normal; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;"> – help emerge issuses and **<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-themecolor: text1; mso-themetint: 166;">to find new solutions. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">·  **<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Suppliers ****<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">- ** <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">  <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-themecolor: text1; mso-themetint: 166;">Receive annual written communication on their animal testing policy <span style="color: #7f7f7f; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-themecolor: text1; mso-themetint: 128;">. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: Symbol; font-size: 10pt; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">·  **<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Other companies **** – ** <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">  <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-themecolor: text1; mso-themetint: 166;">they are a part of a number of formal networks, which include progressive companies, both within and outside our sector. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">
 * __<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">What part do they all play? __**
 * <span style="color: #595959; font-family: Symbol; font-size: 10pt; font-weight: normal; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msobidifontfamily: Symbol; msofareastfontfamily: Symbol; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">· **** Franchisees ****<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; font-weight: normal; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;"> – Building the brand and taken lead in their campaigns. **<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-bidi-font-weight: normal; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">

**<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif;">(1) non-governmental organis ations **

<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Every business needs finance to grow and to survive in there business. Finance is used to decribe money and keeps the business operating.
 * <span style="color: #ff5c00; font-family: Arial,Helvetica,sans-serif; font-size: 18pt;">__SOURCES OF FINANCE__ **

<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;">- Finance used for a <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt; line-height: 115%;"> **short** <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;">periods of time. <span style="color: #6600ff; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold;"> - Finance used for <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt; line-height: 115%;"> **long** <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;">periods of time.
 * __<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-themecolor: text1; mso-themetint: 166;">SHORT TERM __**
 * __<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-themecolor: text1; mso-themetint: 166;">LONG TERM __**<span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;">

<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Short Term – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Bank Overdraft, Trade Credit, Government Grant, Retained Profits. <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt; line-height: 115%;">Long Term – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Bank Loan, <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-fareast-font-family: 'Times New Roman'; mso-themecolor: text1; mso-themetint: 166;">Venture Capital, Share Issue, <span style="color: black; font-family: 'Arial','sans-serif'; mso-bidi-font-family: +mn-cs; mso-bidi-font-weight: bold; mso-fareast-font-family: +mn-ea; mso-font-kerning: 12.0pt;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-fareast-font-family: 'Times New Roman'; mso-themecolor: text1; mso-themetint: 166;">Owners Savings

The Body shop could raise finace by asking there shareholders to produce more shares. They could also get a Bank Loan.Banks will lend businesses money over a set period of time. Usually 5 to 20 years.

<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt; line-height: 115%;">__**Advantages**__  <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;">- <span style="color: #6600ff; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;">Payments are in regular fixed instalments. -This makes it easier to budged for

<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt; line-height: 115%;">__**Disadvantages**__ <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; line-height: 115%; mso-bidi-font-weight: bold; mso-themecolor: text1; mso-themetint: 166;">- Interest must be paid along with the amount borrowed -Small business tend to pay higher interest rates

__**<span style="color: #ff5c00; font-family: Arial,Helvetica,sans-serif; font-size: 18pt;">CHANGES – PESTEC **__

<span style="color: #595959; font-family: 'Times New Roman','serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">• <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Political <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Times New Roman','serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">• <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Economical <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Times New Roman','serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">• <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Sociological <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Times New Roman','serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">• <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Technological <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Times New Roman','serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">• <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Environmental <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Times New Roman','serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EN-GB; msolist: Ignore; msothemecolor: text1; msothemetint: 166;">• <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Competitive <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">

<span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Political – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;"> If the minimum wage goes up it is an advantage for the employees but a disadvantage for Manager as they will have to pay their empolyees more and they will be losing money as they have to comply with these laws. <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Economical – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Foreign tourists can find it difficult to shop in Britian as there euro may be weak and out pound may be to strong, which means the Body Shop will be losing out as they are not selling as much as they used to. This can sometimes cause unemployment because the business will not have enough money, and this is making it difficult for the business to employ people. <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Sociological – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Society keeps changing, everyday for the past 50 years. There are more people working full-time and the elderly retiring later. People are more likely to live and own their own homes. There is more concern about the enviroment and more people owning their own cars. The Body shop have to react to the wants of there customers to keep them happy and to make them feel welcome everytime they come back. <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Technological – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">Now a days The body shop is spending loads of money on updating new technology because technology is very important in every day life. The internet lets people shop online and this is a advantage because if people cant make there way into town then they can mostly rely on the internet. The internet is a great use of technology. Shopping online is now more popular. <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Enviromental – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">If some of The Body Shops stock is shipped over the weather can cause a big disatser as they wont get there stock in time and this can cause disadvantages and arguments between employess and staff. Pressure groups argue that we should be doing things to help the enviroment but The Body Shop already does that by not testing there products on animals. <span style="color: #6600ff; font-family: Arial,Helvetica,sans-serif; font-size: 10pt;">Competitive – <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">The Body Shop faces big competition like other cosmetics shops. This is because more companys want to get more customers. The Body Shop do not share their secerts but neither does any company which makes it difficult to be competitive. If they want to stay the best company they could chage the way of working and maybe change the prices to lower. <span style="color: #595959; font-family: 'Arial','sans-serif'; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: text1; mso-themetint: 166;">



<span style="color: #f79646; font-family: 'Arial','sans-serif'; font-size: 14pt; line-height: 115%; mso-themecolor: accent6;"> <span style="color: #f79646; font-family: 'Arial','sans-serif'; font-size: 20pt; line-height: 115%; mso-themecolor: accent6;"> 17 March 2006,  The Body Shop became part of the L’Oréal Group. L’Oréal purchased The Body Shop for £652 million. They are now wholly owned by L’Oréal. The Body Shop is no longer a public limited company. <span style="color: #f79646; font-family: 'Arial','sans-serif'; font-size: 20pt; line-height: 115%; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: accent6;"> <span style="color: #f79646; font-family: 'Arial','sans-serif'; font-size: 14pt; line-height: 115%; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-GB; mso-themecolor: accent6;">