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How Business Operates

   

Added on  2023-02-03

11 Pages692 Words61 Views
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HOW BUSINESS OPERATES
How Business Operates_1

INTRODUCTION
Business is operated through perfect leadership skills, styles
marketing strategies and various functions departments like customer
service, HR and financial.
In this presentation organisational structure of private and public
sector have been discussed.
How Business Operates_2

BUSINESS ENVIRONMENT
1. Organisation Culture
Sainsbury does working in customer facing environment. What people
see and expect it matters for the organisation. The uniform of staff,
display of shelves and colour themes all that matters for the organisation.
Organisation culture is the back bone for success.
2- Leadership Styles-
in 1969 there was autocratic approach followed but then in 1993
democratic style of leadership was started to follow.
How Business Operates_3

CONTINUE
3. Corporate Social Responsibilities- CSR is very important to maintain
the sustainability and profitability and to provide better living standard
for future generation. It includes-
Respect for environment ,Less water consumption, Community welfare
etc.
4- Ethical Practices- Compliance with law, Ethical Trading, Compliance
with Accounting Controls and procedures.
5- Management styles to deal with differences in behaviors- Theory X- in
this theory employees avoid work and restrict supervision. Theory Y- In
this approach employees are self motivated and ambitious.
How Business Operates_4

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