Difference between Aldi and Sainsbury: Business and Business Environment
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This presentation discusses the purpose, types, size, and scope of Aldi and Sainsbury in the context of the business and business environment. It highlights the differences between the two organizations and analyzes the link between their structure, size, scope, and the products and services they offer.
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PART 1 (A) Business and Business Environment
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INTRODUCTION Business knows as an economic activity. Function is making of profit via selling and buying of goods and services through manufacturing and other actions. Thepresentresearchisbasedonbusinessand business environment. Aldi and Sainsbury organizations are taking into the consideration.
P1andP2.Describethepurposeofeachofthechosen organizations and then explain the main different between their types, purposes, size and scope The private sector is the most important part of economic system of a nation. Theintentionsofthesebusinessesarejust making profit. Theintentionsofthesebusinessesarejust making profit.
Conti…. Public sector is the part of the economy. Focusoverofferingvariousgovernmental services. Several purpose of public limited companies such as economic development, development of backward areas, generation of employment etc.
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Conti…. Sainsbury PLC is a public limited organization and it is one of the top retail firms of the UK. It offers wide range of 30, 0000 goods and services to its customers at various stores. ThepurposeofSainsburyPLCisfocusingover maximizethestrengthoffoodandnonfooditem business to make the lives of customers easier so that end users can receive great products and services at fair prices.
Conti… Aldiisaprivateorganizationwhichishaving more 10,000 stores in 18 countries. Estimated turnover of the organization is more than €50 billion. The purpose of cited firm is to increase market share by generating huge profit. Enhancebrandimagebyimprovingthebrand reputation and raise the footfall of end users.
Difference between types of Aldi and Sainsbury Sainsbury is a public limited sector organization where mostofownershipofthebusinessisunderattained through public funding. Operates the business to serve the local people of the nation. WhileAldiisaprivatelyownedorganizationwhich control and owned by individuals. It runs to earn profits from operating the business in UK and other near as well as overseas locations.
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Difference between purpose of Aldi and Sainsbury The aim of Sainsbury is to make the life of customers easier by offering greater quality of goods and services at fair prices. Main focus of Aldi is on making profit without consideringtheneedsandrequirementsas well as welfare of the end users.
Difference between size and scope of Aldi and Sainsbury The scope of private sector has very much restricted and in this context, Aldi has able to demonstrate the limited performance. Apart from this, Sainsbury PLC has the wide scope of to run its business at both domestic and international market .
Conti… Sainsbury has gained 16.5% market share of UK whole retail industry. Aldi has only owned 6.2% market share. This shows that Sainsbury has huge market size but Aldi has limited.
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M1Describe and analyze the link between their structure, size andscopeandtheirofferedproductsandservicesaccording with the business objectives Business objectives of Sainsbury has offered great food atfairprices,acceleratingthegrowthofthe complementary non-food ranges and services, reaching more customers through additional channels, increasing supermarket space and active property management. Sainsburyhasincreasedthenumbersofstoresat domestic and international level. Numberofservicesandproductsofenterprisehas enhanced.
Conti.. Aldiorganizationalstructurehasflatstructure where a proper hierarchy system follows. It has made the communication process simpler and clear to share information between different levels. Aldi has a limited scope because there have various regulationsformedforsuchkindsofprivate companies by government.
References 5 Reasons why study of Business Environment is Important. 2017. [Online]. Available through:< http://accountlearning.com/5-reasons- study-business-environment-important/>. [Accessed on 23rdFebruary 2017]. Business Environment And Its Importance. 2017. [Online]. Available through:< http://www.publishyourarticles.net/knowledge-hub/business- studies/business-environment/940/>. [Accessed on 23rdFebruary 2017]. Business strategy and objectives. 2017. [Online]. Available through:< http://www.j-sainsbury.co.uk/about-us/business-strategy-and- objectives/>. [Accessed on 23rdFebruary 2017]. Business structure. 2017. [Online]. Available through:< http://www.j- sainsbury.co.uk/about-us/business-structure/>. [Accessed on 23rd February 2017]. Corporate objectives. 2017. [Online]. Available through:<http://annualreport2011.j-sainsbury.co.uk/businessreview/ corporateobjectives.shtml>. [Accessed on 23rdFebruary 2017]. Great products and services at fair prices. 2017. [Online]. Available through:< http://www.j-sainsbury.co.uk/about-us/business-strategy-and- objectives/great-products/>. [Accessed on 23rdFebruary 2017].
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Conti.. How many products does Sainsbury’s Supermarkets sell?.2017. [Online]. Available through:<http://www.j-sainsbury.co.uk/extras/faqs/media/how-many-products-does- sainsburys-supermarkets-sell/shtml>. [Accessed on 23rdFebruary 2017]. Privatesector.2017.[Online].Availablethrough:< http://whatis.techtarget.com/definition/private-sector>.[Accessedon23rdFebruary 2017]. PrivateSector.2017.[Online].Availablethrough:< http://www.privacysense.net/terms/private-sector/>. [Accessed on 23rdFebruary 2017]. PublicSector.2017.[Online].Availablethrough:< http://www.privacysense.net/terms/public-sector/>. [Accessed on 23rdFebruary 2017]. Sainsbury’sremainsoutfrontasUKsupermarketsrecordfastestgrowthinfive months.2016.[Online].Availablethrough:< http://www.producebusinessuk.com/insight/insight-stories/2016/03/08/sainsbury-s- remains-outfront-as-uk-supermarkets-record-fastest-growth-in-five-months>.[Accessed on 23rdFebruary 2017]. What are the Objectives of Public Enterprises?. 2017. [Online]. Available through:< http://www.preservearticles.com/2012022823828/what-are-the-objectives-of-public- enterprises.html>. [Accessed on 23rdFebruary 2017].