Importance of Business Functions: Sainsbury Analysis (MG408 Report)

This report, prepared for the MG408 Graduate Challenge, analyzes the critical business functions of a company, specifically Sainsbury, and how they interrelate to achieve organizational goals. The report begins with an introduction outlining the key areas of focus: marketing operations, finance operations, production operations, and human resources. It then delves into each function, explaining its significance and providing examples of how Sainsbury implements these functions. The marketing section highlights the company's use of technology and partnerships to promote products and services. The finance section emphasizes resource allocation and investment strategies. The production section focuses on innovation, technology, and employee training. Finally, the human resources section underscores the importance of employee satisfaction, ethical working conditions, and training and development. The report concludes by emphasizing the importance of these functions working together for business expansion and competitive advantage. The report also uses Harvard referencing to support its arguments.

Graduate Challenge

Table of Content
INTRODUCTION...........................................................................................................................3
Marketing operations.......................................................................................................................3
Finance operations...........................................................................................................................3
Productions operations.....................................................................................................................3
Human resources..............................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Business management can be understood as an integral understanding of the business
operations where fundamental decisions are analysed by focusing on marketing, finance
operations, production and human resources. Sainsbury is one of the largest retail brand of UK
with numerous stores and large variety of products and services catering to the advanced
preferences of customers. This report analysis explains the importance of management functions
and how they enable business managers in Sainsbury to operate with high efficiency standards.
Marketing operations
Sainsbury company lays high emphasis to marketing function of management as the big
retail brand has large business scale regulations in products and services where it aims to reach
the set company performance goals (Barrena‐Martinez,López‐Fernández and Romero‐
Fernández, 2019).The brand uses innovative technology to promote the products and services on
global scale, along with partnerships among new brands coming up who have been able to
positively impact customers. For example Sainsbury performs marketing in market place by
performing different activities like advertisement and social media marketing. Strong marketing
enables Sainsbuty to deliver customer satisfaction services with large efficiency standards and
maintain the established brand goodwill.
Finance operations
Sainsbury finance department lays high importance to planning and allocation of
resources and utilization of funds for reaching the set benchmarks with strong efficiency. The
company has large number of stores in domestic as well as international market where the
finance operations has huge role to employ appropriate resources into all functional areas and
regulate the operations with established goals and benchmarks. Finance operations determine the
key areas where Sainabury will invest in future and what percentage of capital needs to be
deployed for increased profit margins (Davis, and Comeau,2020).
Productions operations
Production is one of the most crucial area where Sainsbury lays importance by bringing
in more innovative products and services where advanced technology and equipments are used in
production. Proper training of advanced skills are given to employee working in production
department which enables company to establish cost-effectiveness and bring efficient quality

products. Sainsbury aims to deliver innovative products according to changing preferences of
customers for establishing firm position in the industry and entering into new sectors of business.
Human resources
Human resources are the most vital department of Sainsbury as the company lays high
importance to deliver customers satisfaction services with efficiency and recruit talented
employees with advanced skills. The human resource department has the role to keep ethical
working conditions for employees and keep them motivated with intrinsic as well as extrinsic
factors. Leaders in Sainsbury take training sessions of employees where they are encouraged to
use modernized technology and equipments with efficiency and reach the set company goals
along with profitability margins (Myers, 2019). In Sainsbury Human Resource management
perform training and development activities for employees to keep them upaed with latest market
trends.
CONCLUSION
Marketing, finance operations, production and human resources are the most important
functional areas of management in Sainsbury which allows top business management to take
strong business expansion decisions. Effective completion of these functions with high
performance standards enable Sainsbury to establish as competitive brand with high goodwill in
dynamic business culture among other competitors brand in world.

REFERENCES
Barrena‐Martinez, J., López‐Fernández, M. and Romero‐Fernández, P. M., 2019. The link
between socially responsible human resource management and intellectual
capital. Corporate Social Responsibility and Environmental Management. 26(1).pp.71-
81.
Davis, C. H. and Comeau, J., 2020. Enterprise integration in business education: Design and
outcomes of a capstone ERP-based undergraduate e-business management
course. Journal of Information Systems Education. 15(3). p.8.
Myers, M. D., 2019. Qualitative research in business and management. Sage Publications
Limited.