Business & Business Environment Assignment Solved - Sainsbury
13 Pages3799 Words157 Views
Added on 2020-11-12
Business & Business Environment Assignment Solved - Sainsbury
Added on 2020-11-12
ShareRelated Documents
BUSINESS ANDBUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Purpose and legal structure of private, public and voluntary organisation............................1P2 Size and scope of various organisations................................................................................2TASK 2............................................................................................................................................4P3 Relationship between organisational functions and their link to organisational structure....4TASK 3 ...........................................................................................................................................6P4 Positive and negative impact of Macro environment............................................................6TASK 4............................................................................................................................................8P5 SWOT analyses......................................................................................................................8P6 Interrelation of SWOT and PESTLE analyses.......................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONBusiness environment is internal and external conditions of an organisation, everyorganisation has uniqueness in its size, scope, structure and objectives according to the nature ofownership such as private, public and volunteer organisation. In this project report, threecompanies are chosen according to their nature of ownership and size and they are Sainsbury's,Aldi and Oxfam. These companies have different size, scope and legal structures which effectstheir strengths and weaknesses and managers of these companies conduct various analyses forthe evaluation and interpretation. To analyse business environment of these companies itsimportant to evaluate internal and external conditions by PESTLE analyses and SWOT analyses.TASK 1P1 Purpose and legal structure of private, public and voluntary organisationEvery organisation is formed for a purpose usually for profit maximisation and brandbuilding and sometimes for a social cause and these organisations are referred as public, privateand voluntary organisation. These organisations are classified according to their distinct size,scope and legal structure which are required to be followed by every organisation, suchorganisation with real life firm examples are described below:Public CompanyPublic company is a company registered under certain governmental companies act, byfulfilling all mandatory requirements such as minimum paid up capital, minimum sharesacquired by general public etc (Chow, 2012).Sainsbury's is one of the leading supermarket chain in United Kingdom dealing in variouskinds of products such as groceries, home appliances etc. founded in 1869, Sainsbury's is apublic limited company.Purpose of Sainsbury'sPurpose of Sainsbury's is to be the most trusted retailer where people love to work andshop and they keep customer satisfaction as their first priority. Legal structure of a public companyPublic limited company has a separate legal entity than its shareholder members ordirectors, this type of company is formed to raise their capital by borrowing funds from general1
public by listing at stock exchange. Every country has its own rules for formation of a company(Chavis, 2011).Private companyPrivate company is an organisation which is owned and controlled by private individualsand which does not offer its shares to general public and limits its liability to the membersownership of shares only.Aldi is a private company based in United Kingdom formed in 1913, is a supermarketchain deals in groceries and other general utility products and services.Purpose of AldiMain objective of Aldi is to serve excellent quality and value by earning huge profits an dsavings. Aldi aims to build a working environment where every worker desires to work.Legal structure of a private companyPrivate company has a limited liability which restrict its shares from offering to generalpublic. Private company also has a separate legal entity and perceptual existence.Voluntary sectorVoluntary sector organisations are non profit organisations, these organisations areformed to serve the society by the help of volunteers who works for the development ofcommunity.Oxfam is a non profit organisation, which is a combination of 20 independent charitabletrusts working for the social cause of alleviation of global poverty.Purpose of OxfamOxfam vision is to make a world without poverty, to make world a better place wherepeople are valued and treated equally, enjoy equal rights and make their own decisions. Legal structure of voluntary sectorVoluntary sector has to follow legal compulsions according to their adapted voluntarygroup such unincorporated association, a trust or a organisation limited by guarantee (Craig,2012).P2 Size and scope of various organisationsEvery organisation has uniqueness in its size, scope and objectives. Organisations areclassified according to the ownership like private owned company, public owned company and2
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Business and Business Environment Assignment - Sainsbury'slg...
|16
|4200
|118
Business and Business Environmentlg...
|15
|5154
|257
Business and the Business Environmentlg...
|13
|3820
|20
Business & Business Environment of Sainsbury Plclg...
|16
|3747
|178
BUSINESS AND BUSINESS ENVIRONMENT INTRODUCTIONlg...
|17
|3928
|293
Business and the Business Environmentlg...
|18
|4719
|96