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Business and Business Environment Assignment - Sainsbury's

Introduce learners to a range of business activities, functions of an organisation, influence of stakeholders, strategic planning, organisational structures, and environmental factors.

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Added on  2020-10-23

Business and Business Environment Assignment - Sainsbury's

Introduce learners to a range of business activities, functions of an organisation, influence of stakeholders, strategic planning, organisational structures, and environmental factors.

   Added on 2020-10-23

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Business and Business Environment
Business and Business Environment Assignment - Sainsbury's_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Different types and purpose of organizations...................................................................3P2) Size and scope of organizations.......................................................................................5P3) Relationship between different organizational functions................................................7TASK 2..........................................................................................................................................10P4. Internal and external analysis of Sainsbury's and positive and negative impact of Macro-environment factors..............................................................................................................10P5. PESTLE ANALYSIS.....................................................................................................11P6 Interrelation of macro-environment factors with strengths and weaknesses of Sainsbury's...............................................................................................................................................12CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
Business and Business Environment Assignment - Sainsbury's_2
INTRODUCTIONBusiness environment comprises of all the external and internal environmental factorsaffecting business. Company which is selected for this report is Sainsbury's which is the secondlargest supermarket chain in United Kingdom. Sainsbury's was established in 1869 as apartnership between John James and his wife Mary Ann. In the year 1992, J Sainsbury wasincorporated as private limited company and named as J. Sainsbury Limited. It carries 16.9%market share of the supermarket sector. The report will outline the different types and purposesof organisation like public, private and voluntary sectors and their legal structures. Further itoutlines the size and scope of different type of organisation. The report will go to explain therelationship between different organisational functions and how they interlinked withorganisational goals and objectives. The project report will outline the Swot and pestle analysisof Sainsbury's and will identify its positive and negative impact of macro environment upon thebusiness. Lastly it will showcase the strengths and weakness interrelate with external macrofactors.TASK 1P1 Different types and purpose of organizations.The various types and purpose of private, public and voluntary organisation are as follows:Private Organization- Private Organizations are a part of private sector of the economy. Private companies areoperated by individual persons and they are not controlled by the government. Main purpose ofprivate organization is to maximise their profit. SAINSBURY- It belongs to retail industry. It is one of the top chain of many supermarkets. It isfounded in 1869.Purpose- Main purpose of Sainsbury is to deliver high quality of products and services ata fair price. To make continuous improvements in the delivery mechanism of the services. Andto increase the profits by opening new stores.Objectives- Various objectives of Sainsbury are-To provide better shopping experience to customers. Provide better returns to shareholders of the company.Fulfilling all the responsibilities of the company towards environment and society.
Business and Business Environment Assignment - Sainsbury's_3
Goods and Services- Sainsbury deals in different products like, Supermarkets, Conveniencestores, Superstores etc. In year 2018, Sainsbury owns 1423 grocery stores out of which, 815 areSainsbury 's convenience stores. Legal Structure-Audit committee of the company is responsible for maintaining the internal controls. Toprovide the relevant information to the shareholders of the company.Remuneration committee is responsible for developing and reviewing policy related withremuneration.Nomination committee of Sainsbury reviews the knowledge, skills of the Board and ofother committees.Corporate responsibility committee reviews the strategy related with social responsibility(Saebi, 2017).ASDA- It is a retail company that deals in grocery products, financial services etc.Purpose- The main purpose of Asda is to provide the best quality of goods and serviceswhich will be affordable by existing as well as potential customers. Objectives- Objectives of Asda are- To reduce the use of packaging of the products of the company by 25% till 2020.To become a value retailer of the country so that, it can meet out the expectations ofcustomers.Making available all its products locally. Products and services- Company deals in Grocery items, it also provides financialservices. It provides more than 30,000 different products at various stores of the company. InJanuary 2019, the company owns nearly 341 stores that provides refreshment facility tocustomers. Legal Structure-Audit committee is responsible for looking all the matters related with internal controls.Governance committee is responsible for recruiting and managing board members.Remuneration committee helps the Board in fulfilling the responsibilities in respect ofremuneration.Public Organization-
Business and Business Environment Assignment - Sainsbury's_4

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