Sainsbury’s and Its Environment: SWOT and PESTLE Analysis
Verified
Added on 2023/06/07
|1
|428
|154
AI Summary
This report provides a SWOT and PESTLE analysis of Sainsbury’s, a retail grocery store, and evaluates the impact of external factors on the company’s performance. The report suggests that Sainsbury’s can achieve greater results by implementing and using technological tools in this new digital era.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Introduction There are multiple business practices which needs to be effectively conducted by the organisation in order to achieve great results in the future. Sainsbury's is the retail grocery store which provide various products and services to the consumers. The organisation has seen an effective growth in the market(Engwall, and Wedlin, 2019). They have achieved great results in the future. SAINSBURY’SAnd Its Environment Name of the Student External Environment Pestle Analysis Political Factor -This are multiple political factors which could affect the company performance. EconomicFactor-Theorganisationneedstofulfildifferent economical factors in an significant manner. Social Factor -There are multiple socio cultural factors which is affecting Sainsbury's. TechnologicalFactor-Therearedifferenttechnological advancementswhichcanhelpthecompanytoachievegreater performance in the market (Su, and Tan, 2018). Legal Factor -These are the factors which is been emerging with the changing environment. Environmental Factor -The organisation needs to follow different corporate strategies in order to preserve the environment. How the company impact its context External Environment The organisation can take different effective measures which will help the company to achieve great results in the market. In relation to Sainsbury's the external factors which could affect the performance of the company is the new technological advancements. In this new digital erathecompanycanachievegreaterresultsby implementing and using the technological tools (Bowie, 2020). Internal Factors Swot Analysis for Sainsbury’s •Strengths -This factors helps the company to become more productive in every manner by capitalising on their strengths. •Weakness -The company needs to improve different aspects in order to perform better in the industry. •Opportunities-Thisisoneofthemostcrucial components which helps the company to capitalise on different opportunities. •Threats -The organisation needs to minimise the effects of the threats which is present in the market. References Bowie, N.E., 2020. Business Ethics. InNew Directions in Ethics(pp. 158-172). Routledge. Engwall, L. and Wedlin, L., 2019. Business studies and management ideas.The Oxford Handbook of Management Ideas, pp.159-76. CONCLUSION From the above report, it has been concluded that Swot and pestle analysis which helps the firm to evaluate different forces of the organisation.