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Influence Of Organizational Style On Business Development

   

Added on  2020-01-28

16 Pages4514 Words464 Views
UNIT 1. THE BUSINESSENVIRONMENTStudent name: Maria PercaSainsburyPLC6ThepurposeSainsburyPLC6Thepurpose

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Businesses Demographics......................................................................................................3M1 Point Of View Of Different Stakeholders.............................................................................4D1 Evaluation Of Different Stakeholders....................................................................................5TASK 2............................................................................................................................................5P3 Organization Of Businesses....................................................................................................5P4 How Style Of Organization Helps Them To Full fill Their Purposes....................................6TASK 3............................................................................................................................................7P5 Influence Of Two Contrasting Economic Environments.......................................................7M2 Challenges Faced In Two Economic Environments.............................................................7TASK 4............................................................................................................................................8P6 Political, Social And Legal Factors Impact On Business Activities......................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONBusiness Environment is an integral part of effective and efficient management ofBusiness. Business Environment determines the types of Business that will be Successful withinthe environment. Business Environment has many forces that shape the business segment as wellas product line. In this particular assignment, the Business environment of Salisbury PLC isanalyzed with respect to some of the factors such as Market structure, key responsibilities of theSainsbury PLC etc(Chadamoyo and Dumbu, 2012). The impact of Fiscal and Monetary Policyon the Business of Sainsbury PLC has given importance here along with the impact of culturalEnvironment. Moreover, the importance of International Trade as well as the impact of Globalfactors on Sainsbury PLC is described with the essence of globalization.TASK 1P1 Describe the type of business if it is a sole trader, partnership or private limited organisation,mention the purpose and ownership of two contrasting businesses.There are different types of organizations and mainly all kinds of organizations aredivided in three sectors: public sectors, private sectors and voluntary sector organizations. Thepurposes of those organizations are not same. Public sector: - Public sector is owned and run by the government for the people. Peoplepay taxes to the government and this money is used to finance most of the public sectors.The main purposes of public sectors organizations are to provide essential public servicesand to use resources well for the benefit of the community. Private sector:- Private sector businesses are owned and run by private individuals.Examples of private sector businesses are franchises, companies (private and public),partnership and sole traders. Purposes of private sector organizations are making profit,growing their business, increasing market share and maximize sales.Voluntary groups:-Voluntary groups are not owned by any individual people. However,some will be responsible for ensuring that it sets targets and budgets and does what it isset up to do. In most instances they try to help particular types of people like guide dogsfor the blind or Oxfam etc. In order to survive they normally must at least break-even (foran example spend no more than they take in through fundraising, grants and donationsetc.

Sainsbury has started its journey in 1869 with John James Sainsbury and his wife in London.Though it started as small retail store, now it becomes the third largest U.K. retail chains.Sainsbury is operating more than 1200 supermarkets of the world along with the 165000employees. Sainsbury is now a listed company in U.K. that is serving a wide range of customersevery day. Sainsbury‟s focus is on the customer‟s satisfaction. Sainsbury tries to give the bestpossible shopping experience to its customers. The purposes of Sainsbury PLC have someunique features which are as follows:Sainsbury is serving best food for healthSainsbury‟s integrity is to serve the quality productsSainsbury has responsibility and respect for the environmentSainsbury is creating a positive differenceSainsbury is creating employment opportunitiesP2 Influential Power Of StakeholdersStakeholder Management is an important discipline that successful people use to winsupport from others. It helps them ensure that their projects succeed where others fail.Stakeholder Analysis is the technique used to identify the key people who must be won over.You then use Stakeholder Planning to build the support that helps you succeed.The benefits of using a stakeholder-based approach are that:You can use the opinions of the most powerful stakeholders to shape your projects at anearly stage. Not only does this make it more likely that they will support you, their input can alsoimprove the quality of your projectGaining support from powerful stakeholders can help you to win more resources – thismakes it more likely that your projects will be successful (Elearn, 2008)By communicating with stakeholders early and frequently, you can ensure that they fullyunderstand what you are doing and understand the benefits of your project – this means they cansupport you actively when necessaryYou can anticipate what people's reaction to your project may be, and build into yourplan the actions that will win people's support.

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