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Business Assignment Report of Argos Ltd

   

Added on  2020-07-22

10 Pages3130 Words98 Views
Business Report

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11. Introduction to business..........................................................................................................12. Discussion about allocated business environment..................................................................33. Application of an appropriate analytical model......................................................................44. Data and charts to support business in Portugal......................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8

INTRODUCTIONBusiness is referred to an economic activity which helps in attaining profitable financialoutcomes (Anderson and et. al., 2016). In a business organisation there are numerous peopleworking to attain shared goals and objectives. The major goals which can be possessed by aninstitution are increment in profitability and market expansion. This assignment focuses onArgos Ltd. It is a subsidiary of Sainsbury's which is an leading retailer in the United Kingdom.Argus specialises in dealing in personal and household products in the markets of UnitedKingdom. This assignment aims to understand strategies for growth which have been deployedby this institution. A new market is identified and further analysis is to be conducted so thatfeasibility of venturing into that region with the offerings of this enterprise. MAIN BODY1. Introduction to businessArgos is an retailer which has been acquired by Sainsbury's for an whopping 1.4 billioneuros. Since then business have been reformed to a greater extent. The major changes whichhave been ascertained since acquisition are relocation to of business to popular location andopting for a new digital platform. This brand is known to be one of the first retailer which offersservices of delivering product to the home on the same day. This retailer is known to carry out itstrade activities through online and offline mediums. The efforts of this organisation are aimed tobecome United Kingdom's largest retailer in terms of food and non-food offerings. At present this catalogue retailer carries out its operation through 837 stores excludingthree flagship stores known by the name of Habitat stores. These stats are related to offlinechannels where as this business also provides platform to avail services through online mediums.The major sectors which are covered under catalogue of this organisation relates to food,clothing, general merchandise and electronic goods. The parent organisation for Argos,Sainsbury's employs around 195,000 people and sells approximately 90,000 products catering allover the United Kingdom and Ireland. This organisation have been known to adopt sustainablemeasures of carrying out of operations and was successful in recycling its 94% of the total wastegenerated. Mission statement of ArgosThe mission of company states purpose for which this business have been formed. Themission statement also helps in defining scope of operation and products which are offered to the1

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