Report on Sainsbury's Environment: Analyzing Internal and External

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Added on  2023/06/18

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This report examines the significance of internal and external factors impacting Sainsbury's, emphasizing how these elements influence the development and implementation of organizational strategies to achieve desired goals. It highlights the importance of understanding various factors affecting the organization to boost productivity and profitability. Internal factors, categorized as strengths and weaknesses, are defined as elements within the firm's influence. The report also covers external environmental factors using PESTLE analysis (Political, Economic, Social, Technological, Legal, and Environmental), detailing how these uncontrollable variables affect the company's capacity to meet its priorities, including technological developments and changes in consumer behavior. The report concludes by referencing academic sources to support its analysis.
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Introduction
This report is based on importance of impact of external and
internal factors in an organization and how it can help and assist
organization in developing and implementing the strategies within
an organization which can help in achieving desired goals and
objectives. It is important to understand the importance of
different factors which can affect organization as it can help in
boosting productivity and profitability of organization.
Uncontrollable variables like as the economics, governance, rivals,
consumers, as well as the environment would have an impact on
an effective quality management system.
Sainsbury And Its Environment
Name of the Student
External Environment
PESTLE of Sainsbury
Political Factors
Economic Factors
Social Factors
Technological Factors
Legal Factors
Environmental Factors
How the company impact its
context External Environment
Exterior aspects are very important, conditions, or occurrences
that even a company cannot manage and that impact the
business manager's key investors' management decisions. The
wide variety of external forces might just have a direct influence
on the company's capacity to fulfil its specific priorities.
Employment numbers and changes, asset prices, and
expendable income patterns are all examples of financial
circumstances. Technological developments, such as
improvements between how customers use and acquire
components, such as the usage of technologies to make
purchases, as well as how decisions impact how businesses
acquire and deliver things
Internal Factors
This term "intrinsic factors" refers to everything which is within
the firm and inside its influence, whether material or conceptual.
Once these characteristics have been identified, they are
categorized as the strengths and weaknesses. Vitality is defined as
a factor that has a beneficial impact on the organization. But at the
other side, if a component obstructs the future performance, this is
a weakness. There seem to be a number of factors that must be
considered inside the organization.
References
Aron, A. S. and Molina, O., 2020. Green innovation in natural
resource industries: The case of local suppliers in the Peruvian
mining industry. The Extractive Industries and Society, 7(2),
pp.353-365.
Benková, E., Gallo, P., Balogová, B. and Nemec, J., 2020.
Factors affecting the use of balanced scorecard in measuring
company performance. Sustainability, 12(3), p.1178.
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