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Business Environment of Sainsbury - Assignment

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Added on  2020-07-23

Business Environment of Sainsbury - Assignment

   Added on 2020-07-23

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THE BUSINESSENVIRONMENT
Business Environment of Sainsbury - Assignment_1
Table of ContentsINTRODUCTION ..........................................................................................................................3P.1 Describe the type of business if it is a sole trader, partnership or private limitedorganisation, mention the purpose and ownership of two contrasting businesses......................3P.2 Describe the different stakeholders.......................................................................................4M1...............................................................................................................................................4D1................................................................................................................................................5TASK 2............................................................................................................................................5P3 Describe how two businesses are organised in terms of their structures and functioningareas.............................................................................................................................................5P.4 Explain how the style of organisation of your chosen businesses helps them to fulfil theirpurposes.......................................................................................................................................6ASSIGNMENT -2...........................................................................................................................6TASK 3............................................................................................................................................6P.5 Describe the influence of two contrasting economic environments on business activitieswithin a selected organisation.....................................................................................................6TASK-4 ..........................................................................................................................................7P.6 Describe how political, legal and social factors are impacting upon the business activitiesof your selected organisations and their stakeholders.................................................................7M 3 compare the challenges to your selected business activities within your selectedorganisation, in two different economic environments...............................................................8D 2 You would have evaluated how future changes in economic political, legal and social.....9CONCLUSION .............................................................................................................................10
Business Environment of Sainsbury - Assignment_2
INTRODUCTION Business environmentis the sum total of all external and internal factors that influenceabusiness. You should keep in mind that external factors and internal factors can influence eachother and work together to affect abusiness. Business Environment encompasses the -climate’ orset of conditions, economic, social, political or institutional in which business operations areConducted. Environment contains the external factors that create opportunities and threats to thebusiness. This includes socio-economic conditions, technology and political conditions(Bushman, 2014). P.1 Describe the type of business if it is a sole trader, partnership or private limited organisation,mention the purpose and ownership of two contrasting businessesSainsbury Sainsbury’s Supermarkets is the UK’s longest standing major food retailing chain, havingopened its first store in 1869. The Sainsbury’s brand is built upon a heritage of providingcustomers with healthy, safe, fresh and tasty food. It differentiates itself by offering a broadrange of great quality products at fair prices with particular emphasis on fresh food, a strongethical approach to business and continuous leadership and innovation (Gundlach and Lehrbass,2013).Main goals and purposeAt Sainsbury\’s they will deliver an ever-improving quality shopping experience for theircustomers with great products at fair prices. Their aim is to exceed customer expectations forhealthy, safe, fresh and tasty food, making their lives easier everyday (Hamilton and Webster,2015.).Type of ownershipThe type of ownership is Sainsbury’s are public limited company (plc) – has its shares boughtand sold on the stock exchange.The Royal Society for the Prevention of Cruelty to Animals (RSPCA)RSPCA stands for The Royal Society for the Prevention of Cruelty to Animals. The RSPCA\’svision is to work for a world in which all humans respect and live in harmony with all othermembers of the animal kingdom.
Business Environment of Sainsbury - Assignment_3
Main goals and purposeThe main goals for RSPCA is reducing the use and suffering of dogs in medicines testing. Thepurpose is to give animals with special needs and give pets a loving care homes (Rouhani andSavoji, 2016).Type of ownershipThe type of ownership RSPCA fit into is charitable trust; this is set up to raise funds and supportother people and animals for good cause.P.2 Describe the different stakeholdersSainsburyThe key stakeholders for Sainsbury’s areCustomers – they want a company to produce high quality, value for money products.They like to see improvements that give them better value for money.Employees – their stake is that the company provides them with a livelihood. They seeksecurity of employment, promotion opportunities, and good rates of reward. They alsowant to work for a company that they are proud of.Suppliers – want steady orders and prompt payment. They also want to feel valued by thecompany that they supply (Valverde, Solas and Fernández, 2016).The Royal Society for the Prevention of Cruelty to Animals (RSPCA)Employees – the employees will need to be happy to be working on a voluntary basis andalso need to be caring for the animals that are suffering.Governments – the government wants the business to be successful – it wants to seeprosperous businesses that take a full responsibility in looking after the welfare ofsociety.Local and national communities – the actions of business can have a dramatic effect oncommunities. Community leaders therefore represent important interest groups (Beatty,and Liao, 2014).M1Customers influence the aims and objectives of Sainsbury because want value for money whichinvolves providing the highest quality products at competitive prices. The points of view ofemployees is that the company provides them with a livelihood. They want security ofemployments, good rates of reward and also promotional opportunities. Suppliers want to feel
Business Environment of Sainsbury - Assignment_4

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