Business Functions and Interrelation: Sainsbury's, Morrisons, Tesco plc.

BUSINESS AND BUSINESS
Overview:
Sainsbury's: The Sainsbury's or also known J Sainsbury's plc. Is one of the
second largest chain under the supermarket sector in the United Kingdom. The
firm have the share of the around 15% in the share of the super market sector.
Business Functions and their Interrelation:
Production - The most dominant function of any business is the
production function.
Sales & Marketing – This function involves promotion of the business
and reaching out to the potential and existing customers, partners and
investors for communication about the products and services being dealt
in.
Human Resources – It is one of the most important business function
which involves management and handling of human resources i.e.,
employees.
Accounting & Finance – This department is concerned with tasks like
record – keeping of financial information, preparation of financial
statements.
It shall be noted that all the above functions of a business are interrelated
to one another. Production department is dependent on sales &
marketing department for selling of products and services manufactured
and produced. Sales & marketing department is dependent upon HR and
finance department. Accounting & finance department will also be
dependent upon HR department for appointment of employees to work.
Explanation of the chosen organizations on the
basis of the different aspects:
Sainsbury's:
Background of the organization:
Organization was established in the 1869.
Product-service:
the hypermarkets and supermarkets
Size and scope:
operates with the 600 supermarkets and 800 convenience stores
Vision: to be the most trusted retailer,
Objective: provide with the great food at fair price.
Organizational and legal structure:
is hierarchical
Stakeholders:
Shareholders, managers and the employees
Morrison’s: WM Morrison’s is operating as the fourth largest
supermarket chain in the United Kingdom. The company was founded
by the William Morrisons in 1899 and headquartered in the Bradford,
West Yorkshire, England.
Tesco plc.:
Background:
founded in the 1919 by Jack Cohen
Product-service:
convenience shops, and supermarket
Size and scope:
operates with the 367321 numbers of employees with in its 4673 numbers of
shops
Mission:
“we make what matters better, together”.
Organizational and legal structure:
hierarchical structure
Stakeholders:
customer, suppliers, creditors, competitors, pressure groups, local communities
and the government
Morrison’s:
Background
founded in 1899
Product-service
food and drink, clothing, etc.
Size and scope
operates with the 497 supermarkets
Mission
To make healthy food available to everyone in affordable prices
Organizational and legal structure
follows the hierarchical structure
Stakeholders
their customers
Tesco plc.: the organization Tesco plc. Operates as one of the largest British
Multi-national grocery and general merchandize retailer. The firm is the market
leader in the groceries in the UK. The organization was founded in the 1919 by
the Jack Cohen. The company have its headquarter in the Welwyn Garden City,
England.
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