Monday, April 22, 2019
Conduct an external environment analysis for a company (sainsburys) of Essay
Conduct an external surroundings analysis for a company (sainsburys) of your choice assessing the reach of the external environm - Essay ExampleSainsburys is a leading retail chain in the UK with interests in banking and financial services is the third largest in the country. The family owned business had grown to become the largest grocery retail merchant in the UK and pioneers in self-service supermarkets. The company listed in the London Stock Exchange has a rattling large family of shareholders, and it is a constituent of FTSE 100. After a brief knock downfall, the company has reemerged with greater vigor in the new millennium. BBC news (2001) stated The figures represented the third quarter in a row of sales growth significantly better than in 2000 Sir Peter, credited with revitalizing the Prudential in the mid-1990s, has been working the alike trick at Sainsburys after replacing Dino Adriano as chief executive early last course of study. External environment and HR Poli cies and Practice There are several tools and concepts for the analysis of the external environment in relation to a company. ... with regard to corporate social responsibility (CSR), environmental protection, ethical and demographic factors are increasingly relevant in the macro environmental analysis. Apart from the shareholders, there are weigh of stakeholders in a company which includes community as well as it provides necessary infrastructure and piece capital for an organisation. Moreover, it is substantial to note that an organisation is also a part of the community. The analysis of Sainsburys is do with the theoretical background of ruminator in this paper. The human resources policies and practice need to take into account the important points with reference to the external environment discussed under PESTLE analysis discussed, for exploiting the opportunities available and to avoid the threats from the external environment. PESTLE Analysis PESTLE analysis covers the m acro environmental factors, and an organizations internal environment, strengths or weaknesses are not cover in this analysis. Morris & Jones (1995, p. 73) observed To the extent that firms are adjusting their HRM practices to reflect turbulence in the environment, it would seem the HRM function is in fact becoming a more strategic function. Therefore, the HR policies and practices are not confine to personnel, but refer to the strategic role of HRM in the business for its sustainable development. Political affix in food prices, partly due to government policy to encourage bio fuels in various countries which has brought down the area under cultivation of food crops, is a cause for concern to the consumers and the industry. The allegation of price bushel is a serious impediment to the growth. Poulter (2008) stated Supermarkets and big brands could face fines of more than ?300million after claims
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