Business and Business Environment Sainsbury
17 Pages4948 Words335 Views
Added on 2020-10-05
Business and Business Environment Sainsbury
Added on 2020-10-05
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BUSINESS AND BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1LO 1.................................................................................................................................................1P1 Different types of business organisation and their Purposes.................................................1P 2 Size and scope of different organization ..............................................................................3LO 2.................................................................................................................................................4P3 Relationship between different organisational functions and its interrelationship................4LO 3.................................................................................................................................................7P4 Positive and Negative impacts of macro environmental factors ...........................................7LO 4.................................................................................................................................................8P5 Internal and External analysis of Sainsbury's........................................................................8P6 Strengths and Weaknesses interrelates with external macro factors....................................10CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONBusiness gets influenced due to many factors that are available in the businessenvironment. The influencing and affecting factors can be classified as internal environmentalfactors and external environmental factors (Kolk, 2016). Sainsbury's is a chain supermarketbusiness which was founded in the year 1869 by John James Sainsbury. It also deals as a foodretailer and financial service provider. The Brexit Referendum brings great impact on the largestUK retailer and financial service provider company Sainsbury. The present report explainsdifferent types of business organisations with whom company can develop close partnership.Demonstration of interrelationship of various functions of an organisation are done in the reportand also its link with organisational structure is explained. The impact of macro environmentalfactors on business organisation are described using both positive and negative impacts. Thereport further determines the internal strengths and weakness of an organisation followingBrexit. Evaluation and impact of both micro and macro factors on business organisation'sdecision making and business objectives. MAIN BODYLO 1P1 Different types of business organisation and their Purposes.Type of Organization: Following is given the explanations of different types of business organisation withwhom Sainsbury's can seek for developing close partnership within the supply chain and valuedistribution networks. The different types of business organisations are sole traders, small andmedium size enterprises, partnership, private, public and voluntary organisation. Theexplanations also includes whether organisation operate in primary, secondary or tertiary sectors.Private Organization: It is the also called as private held company and close organization which is owned eitherby non governmental companies (Erasmus and et.al., 2016). These are relatively small number ofshareholder and members of firm that they do not offer and trade their stock of company stock topublic on the exchange stock market. Sole Trader: This refers to a business which is owned by one person only. Sole-proprietorbusiness is easy to set-up as it is least costly. Small business entities adapt to sole trading1
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