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Effectiveness of Management Theories in Improving Performance and Efficiency of UK Retail Industry: A Study on Morrison’s

   

Added on  2023-06-09

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Business Research
Effectiveness of Management Theories in Improving Performance and Efficiency of UK Retail Industry: A Study on Morrison’s_1

Table of Contents
Introduction......................................................................................................................................3
Purpose of the study...............................................................................................................4
Rationale for the study............................................................................................................4
. The present research helps the companies to understand LITERATURE REVIEW....................5
What are the roles and responsibilities of managers within UK retail industry?...................6
What are the importance of management theories in enhancing the performance and efficiency
of Morrison’s?........................................................................................................................6
What are the different management theories that contribute in improving the business
performance and efficiency of Morrisons?.............................................................................7
What are the challenges faced by managers of Morrison’s while implementing management
theories within workplace?.....................................................................................................8
Research Methodology....................................................................................................................9
Potential outcome...........................................................................................................................10
Gantt chart......................................................................................................................................10
References......................................................................................................................................13
Effectiveness of Management Theories in Improving Performance and Efficiency of UK Retail Industry: A Study on Morrison’s_2

Introduction
The performance and the efficiency of the retail industry depend upon various factors such
as level of productivity, changing customer behaviour staff participation, internet shopping,
additional resources and many others. The aim of the research is to analyse the role of
management theories which supports in enhancing the overall performance and efficiency of the
UK retail industry. According to Jemma Smith, the UK industry is one of the main industries in
the economy as it provides various employment opportunities such as online retail, visual
merchandising, buying, customer services and many others. There are various companies which
are doing good in this sector and providing various services to the customers. Due to Covid-19,
the retail sales dropped and the companies had to face severe losses. The company chosen for the
study is Morrison’s which is one of the largest supermarket chains in England which operates
globally. It was founded in the year of 1899 by William Morrison who started the business as an
egg and butter merchant in the Rawson Market. Employees are one of a company's most
significant assets since they have the authority to carry out various organisational functions.
They consistently work and exert themselves in order to finish the tasks allotted to them and help
the organisation easily meet its objectives.
Aim
To determine the effectiveness of management theories in improving the performance and
efficiency of UK retail industry. A Study on Morrison’s.
Objectives
To identify the roles and responsibilities of managers within UK retail industry
To examine the importance of management theories in enhancing the performance and
efficiency of Morrison’s
To determine different management theories that contributes in improving the business
performance and efficiency of Morrison’s
To discern the challenges faced by managers of Morrison’s while implementing
management theories within workplace
Question
What are the roles and responsibilities of managers within UK retail industry?
What is the importance of management theories in enhancing the performance and
efficiency of Morrison’s?
Effectiveness of Management Theories in Improving Performance and Efficiency of UK Retail Industry: A Study on Morrison’s_3

What are the different management theories that contribute in improving the business
performance and efficiency of Morrison’s?
What are the challenges faced by managers of Morrison’s while implementing
management theories within workplace?
Purpose of the study
The mean aim of the study is to understand the role of the managers mainly in the UK retail
industry. As there are various theories which are involved in the management which are used to
suggest better management strategies such as various tools, frameworks and various guidelines.
For instance, scientific management theory, system management theory and many others.
Rationale for the study
The purpose of choosing the topic that is about the effectiveness of management theories in
improving the performance and efficiency of UK retail industry. The research will support in
having in depth understanding of the chosen topic. Further, it will help the readers to understand
about the importance and role of management theories in enhancing the performance and
efficiency of the chosen company. In order to have better understanding the study will be used
Effectiveness of Management Theories in Improving Performance and Efficiency of UK Retail Industry: A Study on Morrison’s_4

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