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Business and Business Environment Assignment - Sainsbury

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Added on  2020-10-05

Business and Business Environment Assignment - Sainsbury

   Added on 2020-10-05

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BUSINESS AND BUSINESSENVIRONMENT
Business and Business Environment Assignment - Sainsbury_1
Table of ContentsINTRODUCTION ..........................................................................................................................3LO 1 ................................................................................................................................................3P1 Different types of organisation .............................................................................................3P2 Difference between various organisation ..............................................................................5LO 2 ................................................................................................................................................7P3 Types of organisational structure and Relationship between different department ............7LO 3 ................................................................................................................................................9P4 PESTLE analysis of Sainbury................................................................................................9LO 4...............................................................................................................................................11P5 Internal external analyses of business..................................................................................11P6 Interrelationship between strength weakness and macro factors.........................................14CONCLUSION .............................................................................................................................14.......................................................................................................................................................15REFERENCE.................................................................................................................................16
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INTRODUCTION Business environment consists of two main factors: internal and external. Internalcomponent includes human resource, financial capabilities, suppliers, competitors etc. andexternal factors are such as politics, economic, social elements etc. Public, private, voluntaryorganisation and the small and medium enterprise and all work in the different way. Currentassignment will explain different type of organisation and their purpose. Furthermore, it willexplain the organisation structure and the interrelationship between the different functional unitin the organisation. In addition, it will explain the SWOT and PESTLE analysis of the Sainbury.And also the interrelation between the companies' strength, weakness with macro environmentalfactor are explained as below. LO 1 P1 Different types of organisation Public organisation Public company is the company whose share are freely traded on the stock exchange.And also it is control and operated by the government personnel. It is mandatory for the publiccompany to publish the annual report and make public details about there finance and businessactivities( Salar and Salar, 2014).Purpose – The main purpose is to serve high quality and satisfactory product to the customers. Example of public company is NHS. Sainbury etc. And Sainbury can make partnershipwith NHS for expanding its business and hence it will be beneficial for both company and helpin fulfilling its corporate social responsibilities. Private company Private company is the company that issue share and also have share holder but do nottrade on public. And also there is no intervention and control by any government body. Andthere is no strict rules and regulation for private company. There are mainly two types of privatecompany. First is Sole trader in which the ownership is in the hand of one person, who solelyresponsible for the decision making of the business. Its asset and liability completely fall on theshoulder of the individual. The second type is Partnership where two or more people shareownership and take all the decision in the company and also take responsibility for managing thecompany .
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Purpose – The main purpose of private company is profit maximisation. Mainly profit is thereward for the risk which was assumed and also second purpose is to expand the business in anypossible manner.The example of private company is John lewis partnership is one of the leading retailindustry in UK which offer products like clothes, jewellery, cosmetic etc. Voluntary organisation Voluntary organisation is the organisation that focus on helping people in any possibleway and also help to develop the society. And work on the benefit for the society withoutthinking of the profit. And there is no intervention or control of any government body . Itregulates by its own member to serve the society. Purpose – The main purpose of voluntary organisation is to serve and enrich the society . Itsagenda is to maximise the interest of the peopled not to maximise the profit. The money raises bythe organisation are generally invested back in the society or use for developing the society. The example of voluntary organisation is well come trust as it aim to achieve extraordinarily improvement in the health care. Partnership of Sainbury and well come trust will helpSainbury to focus on the need of the society. And hence it enhances Sainbury to provide qualityof product and also it can help the company to full fill its corporate social responsibility. And bythat brand image of the Sainbury will also improved. Small and Medium enterprise – Small and Medium enterprise are specifically those who havefever number of employees in the enterprise. Also, they are known for there innovation andcreative skills .Hence give competition to the economic sector. They create many jobs and alsohave skilled employees(Gupta, 2015).Purpose – the main purpose of small and medium enterprise is to achieve sustainable growth inthe industry and achieve good amount of profit. The example of small and medium enterprise is Softwire enterprise in which it providesIT consultant and also it is growing day by day with good amount of profit . By the partnership of Sainbury and soft wire enterprise, Sainbury's all IT services are beingmanage and conduct by the Soft wire enterprise. And also its skills employees can help theSainbury in many ways.
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