Business & Business Environment Assignment Solution - Sainsbury
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Added on 2020-11-23
Business & Business Environment Assignment Solution - Sainsbury
Added on 2020-11-23
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Business and BusinessEnvironment
Table of ContentsIntroduction .....................................................................................................................................1TASK 1............................................................................................................................................1P1 Different types of organisation with their purpose and legal structure .................................1P2 Size and scope of different types of organisation. ................................................................4Task 2 ..............................................................................................................................................7P3 Relationship between different organisational functions and how they link toorganisational structure and objective.........................................................................................7TASK 3 ........................................................................................................................................9P4 Positive and negative impact of macro environment upon business operations ...................9PESTEL Analysis .......................................................................................................................1TASK 4............................................................................................................................................3P5 Internal and external analysis of Sainsbury in order to identify strength and weakness. .....3P6 Strength and weaknesses interrelate with external macro factors. .......................................5CONCLUSION................................................................................................................................6References ......................................................................................................................................7.........................................................................................................................................................8
INTRODUCTION Business Environment is a combination of internal, external factor and some forceswhich company cannot control but still business depend on them as they influence or impactbusiness functions or operations. The forces which affect business positively or negatively aresuppliers, competitors, government, economic condition, market structure etc. Thus businessenvironment is an important aspect of company as it enable them to identify the challenges andmake use of opportunities in order to expand the productivity (Aithal, Shailashree and Kumar,2015). Apart from this, every organisations are described as groups or structure which isestablished with the purpose of achieving certain goals or objectives i.e. private, public,voluntary, sole proprietorship etc. In context to Sainsbury, second largest chain of supermarketin the world which is established in the year of 1869. It is situated in United Kingdom. Thisresearch covers the different types of organisation along with their purpose, legal structure andscope, interrelationship between organisational function and their impact on organisationalstructure, analysis of business environment by using PESTLE and SWOT. TASK 1P1 Different types of organisation with their purpose and legal structure Business Environment is basically a combination of internal and external factors or forceswhich impact the company's productivity or profitability. It includes several factors which isdynamic in nature. Those factors are of different type and also effect the company in differentdegree. Among them certain factors have favourable influence on business while some factorsadversely affect the company. Thus, business environment is a complex nature . Business areestablished on the basis of various forms or types. It can be constituted and managed by anindividual, group, government and other parties (Aithal, 2016). Each department contain uniquepurpose and legal structure which directs them towards achievement of organisational goal. So,on the basis of ownership and management organisation are divided into different types which isdescribed below: Private Company. Private company are those whose ownership are held by private members and operate asa distinct legal entity to its directors and shareholders. (Akter and et. al., 2016). In this context,Sainsbury one of the UK leading private retailing company in the world which was founded in1
the year of 1869 . They have an effective purpose and legal structure which enables them toattain maximisation of profit effectively. However, Sainsbury's operate in territory sector as itdoes not manufacture product but they provide effective service to customer and also to otherbusiness who pay to them. The valuable purposes and legal structure of Sainsbury are asfollows: PurposeSainsbury's are determine to provide high quality of service and exceed the satisfactionlevel of customers by the optimum utilisation of resources. By this they can easily attainmaximisation of profit and capture the market effectively. Apart from this they are alsoconcerned in reducing the environmental impact products in order to bring healthy atmospherewhich enable them to add value to their goal. Legal StructureSainsbury's legal structure which is described below: Sole Proprietorship: This structure is unincorporated business and it is owned by oneperson i.e. sole trader. It does not require government and owner is responsible for alldebts of the business. This business ends up with the death of the owner. Partnership: Partnership is a combination of two or more individual in which eachpartners equally share duties, rights(Articles of Association), profit and liabilities ofcompany. Private Limited Company: This structure has separate legal entity as it is an incorporatedcompany. Mostly private limited company are small, family run business and that areowned by shareholders (Al-Saleh and Mahroum, 2015). Each shareholders have limitedliability for company's debt and it is run by Board of Directors.Public Company Public company is a company whose securities are traded on a stock exchange and can bebought and sold by anyone. In relation to this, The Child Support Agency is an executive agencyof Department of Work and Pension who is responsible for administrating or managing thesystem of child maintenance (Arasti, Zandi and Bahmani, 2014). It is commenced in the year of1993 and headquartered in Britain. The productive purpose and legal structure help company toachieve their goal successfully. Thus, Child Support Agency deal into territory sector as they2
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