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Business in Practice

   

Added on  2023-01-06

1 Pages438 Words36 Views
Leadership ManagementData Science and Big Data
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Business environment is a combination of internal and
external factors that directly affect the organisational
activities in various ways. Thus, it is crucial for
company to analysis all the factors of business
environment in order to minimise the negative impact
and at the same time also improve the positive aspects.
This will contribute in enhancing overall performance of
company at market place.
In business organisational various internal
factors such as employees, finance and technology,
corporate culture and many more are affect the entire
activities of Sainsbury's.
Business in Practice
References
Internal factors
External factors
In organisational activities, external factors are non
controllable thus it is significant for Sainsbury's to
analyse all the factors like politics, competitors,
customers and so on. All these are directly influence the
Sainsbury's performance.
How the company impact its context
external environment?
Sainsbury's is a leading company in over the world
as it also affects over the external environment. Its
logistic activities of Sainsbury's pollute the
environment and that also affect its supply chain
management. This influence government to take
action and set rules to protect the environment. In
addition to this, Sainsbury's also take initiate to protect
environment as they use their planet's resources wisely
so that customers live more sustainably. As they are
cutting carbon in their operations and use new
technologies for maximising energy efficiency level.
This can be contributing in keeping environment safe
and make positive brand image.
Conclusion
From the above mentioned poster, it has been
analysed that both internal and external factors are
influence business activities. This is the reason
that, company is responsible for analyse all the
factors so that set targets can be easily attained and
enhance its brand image in market.
Introduction
Barraket, J. and et. al., 2016. Understanding Legitimacy
Formation in Multi‐Goal Firms: An Examination of
Business Planning Practices among Social
Enterprises. Journal of Small Business Management.
54(sup1), pp.77-89.
Chang, J.F., 2016. Business process management systems:
strategy and implementation. CRC Press.
Raut, R.D. And et. al., 2019. Linking big data analytics and
operational sustainability practices for sustainable
business management. Journal of cleaner production.
224. pp.10-24.
Fletcher, D., De Massis, A. and Nordqvist, M., 2016. Qualitative
research practices and family business scholarship: A
review and future research agenda. Journal of family
Business in Practice_1

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