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Business Environment : Sainsbury Company
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Added on 2021-02-22
Business Environment : Sainsbury Company
Added on 2021-02-22
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BUSINESS ANDBUSINESSENVIRONMENT
Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1P1 Different kinds and purposes of public, private and voluntary sector organizations andtheir legal structure .....................................................................................................................1P2 Define the scope and size of a range of different organizations ...........................................3TASK 2............................................................................................................................................5P3 Define the relation between various organizational functions and their link toorganizational objective and structure .......................................................................................5TASK 3............................................................................................................................................6Identification of positive and negative impact on macro environment on business environment.....................................................................................................................................................6TASK 4 ...........................................................................................................................................8P5 Conduct internal and external analysis of an organization to identify their strengths andweaknesses .................................................................................................................................8P6 Discuss how weaknesses and strengths interrelate with macro factors while analyzingbusiness environment .................................................................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTION Business environment is referred to the sum of all people, institution and varying forceswhich are not in the control of an organization but still businesses depends on them due to theirimpact on sustainability and overall performance of the firm. Different forces which formulate abusiness environment are its competitors, government, investors, technologies, trends, marketconditions, customers, suppliers, consumers and other institution which are working externally(Agarwal, Grassl and Pahl, 2012). This assignment is written in context with Sainsbury's whichis a Britain based large supermarket chain, headquartered in London, UK. Company wasestablished in 1869 and at present successfully operating at more than 1400 locations in globalcontext. This assignment report is going to cover about various kinds and purpose oforganizations operating at different sector along with their size and scope. Beside this,interrelation in different organizational functions and their linkage to objective and structure oforganizations are discussed. At last, impact of macro and micro environment on business isidentified by analyzing their strengths and weaknesses. TASK 1P1 Different kinds and purposes of public, private and voluntary sector organizations and theirlegal structure Sainsbury's organization is treated as the oldest food chain in United Kingdom.Management in Sainsbury's wishes to have close partnership in their value distribution networksand supply chains. In this context different kind of business organizations and their sectors arementioned below: Public sector organization: The public sector involves public enterprises and publicservices. These kind of organizations are owned and managed by governmental authorities.Different public services like military, police, infrastructure, public transit came under publicsector. Main objective of these companies is to offer welfare to the citizens. In this context, NHSis a public sector organization, headquartered in UK. Company offers social and healthcareservices in global context. Objective of NHS: Main objective of NHS is to provide basic healthcare facilities to thepeople of UK. They develop and maintain their strategies in accordance with the requirements of1
people mainly the poor & marginalised section. NHS also contributes in the financial and socialgrowth in united kingdom by offering standardised services.Legal structure: Local government: This government operates at local level. They formulates rules &policies for small locations and regions like districts, town and cities.State government: The state government create laws & policies for a specific state. Theregulations which are implemented by these government are followed by people residingin that state. They provide welfare to the people at state level (Boons and Lüdeke-Freund,2013).Central government: This government regulate and formulate laws at national level.The state and local government is completely accountable to central government for theiractions. Private sector organization: These business firms are run and managed by individualswith the objective of attaining high revenues and profits. Due to the working of theseorganisations, high employment opportunities are given to people. These companies offers good& services to the residents of region to satisfy their demands in a proper manner. Thesecompanies benefits in enhancing economic growth in UK. For example, Sainsbury's is a foodretailer in UK and its main office is situated in London. Company provide daily use products,foods, financial services and other basic products to their customers. Objective of Sainsbury's: Main objective of the company is to became the most trustedretailer where people will prefer to buy products and work to earn livelihood. Company aims toprovide high shopping experiences to their customers so that they can became market leader infood sector and earn high revenues. Legal structure: Partnership: It include all those business organisations which are handled and run by at-least two or more than two persons. People involved in business are required to sign alegal contract and they bear profits and losses in accordance with their shares. Allpartners are included in decision making (Chetwood and et. Al, 2014). Sole trader: In this organizational structure, business is managed by a single individualso that high profits and revenues can be earned to live a standardized life. Small2
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