Introduction To Business Studies

Introduction To Business Studies

Table of Content
 Introduction
 Role of HR function, marketing & finance
 Collaborative working practices
 Impacts of external & internal factors
 Role of financial management & planning
 Conclusion
 References

INTRODUCTION
Business sector is wider and broader which involves wide range of functions
and operations. Business environment refers to combination of internal &
external factors that impact on overall organisational structure (Al Breiki,
2019). Sainsbury, a largest supermarket firm headquartered in U.K.
Company has wide number of store & large product portfolio. Main aim of
this report is to examine & understand the impact of external & internal
factors on business. This presentation comprises of role of HR role of HR,
marketing, & finance functions, collaborative working practices, factors of
both internal & external and role of financial management & reporting.

Role of HR, finance, marketing in Sainsbury
Recruitment & training- It is important role of HR in Sainsbury as in this
hiring & selecting & training is being carried out. It includes hiring of
right people in entity & providing them with proper training to
employees (Bejtkovský, 2018).
Performance appraisal- This is another crucial role in which main aim is
to motivate people & encourage them towards their work & practices.
It also assist subordinates to personnel that how they can make
improve their progress & performance.