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(PDF) Business Strategy : Assignment

Added on - 12 Nov 2020

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Business Strategy
ContentsTASK 1............................................................................................................................................3P1 Frameworks for analysing impact and influence of macro environment...............................3TASK 2............................................................................................................................................7P2 Analyse the internal environment and capabilities using appropriate frameworks................7McKinsey’s 7S model as a management tool..............................................................................9TASK 3..........................................................................................................................................10P3 porter's five force model for evaluating competitive force..................................................10TASK 4..........................................................................................................................................14P4 Range of theories and models for interpreting strategic planning........................................14CONCLUSION..............................................................................................................................17
INTRODUCTIONBusiness strategy refers to the plan of working structure which is made by managementof organisation in order to achieve its vision and prioritising objectives. This will assist firm incompeting successfully with other rival firms by considering financial performance withinbusiness model (Acquaah, 2013). There are basically three basic business strategies that providesbetter results and outcomes. Sainsbury is the company which is taken in this assignment and itcomes under second largest chain of supermarket in United Kingdom. It constitute around 16percent of shares in the sector of supermarket. This assignment will focus on the impact andinfluence which macro environment can have on organisation and its business strategies. Otherthan this, company's internal environment and its capabilities are also mentioned in this report. Inaddition to this, evaluation and application of outcomes will be included which will be doneusing Porter's Five Forces. Lastly, application of different models, theories and concepts wasincluded in this assignment.TASK 1P1 Frameworks for analysing impact and influence of macro environmentSainsbury is a UK based companywhich expand their business in Retail, Banking,andFinancial services. It was founded in the year 1869 by James Sainsbury and soon the companyengage itself in Food, clothing, merchandise, and financial sectors. It's headquarter is in LondonUK, which is divided in into 3 namely, Sainsbury's super market Ltd, Sainsbury's bank andSainsbury Argos. The company is exploring under 181,900 employees.PESTAL analysis of Sainsbury'sPolitical factorAs the company is based in UK and Ireland therefore their public presentation isextremely influenced by its political approaches in this state. While spreading into globalizationthe company is facing challenges and getting enormous chances (Astrachan, 2010). Thecorporation revenue enhancement is at 28% unlike a few old ages ago when it was 30 %.Thisindicates that company along with other administrations would recover an immense amount ofmoney because of this lower rate of corporation revenue enhancement. In UK, the rate of debtson government and consumer is very high which has a direct influence on the attitudes of thecustomer on the business conditions which experience a great pressure. For example – Increase
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