Unit 1 The Business Environment Assignment with NHS (GC01232)

Table of Contents

INTRODUCTION

TASKS

P1 Types of business, purpose and ownership of two contrasting businesses

P2 Stakeholders who influence the purpose of two contrasting businesses

M1

TASK 2

P3 How two businesses are organized

P4 How their style of organization helps them to fulfil their purposes

M 2 Compare the challenges to the selected business activities within your selected organization, in two different economic environments

P5 Influence of two contrasting economic environments on business activities

TASK 4

P6 How political, legal and social factors are impacting upon the business activities

M3 Description of the influence of two contrasting economic environments on business activities within a selected organization

CONCLUSION

REFERENCES

INTRODUCTION

The business environment can be defined as a combination of internal and external factors that influence a company’s operating situation. It can include factors such as clients and suppliers, its competition and owners, improvements in technology, laws and government activities, market, social and economic trends (Welford, 2013). The present report is based on the business environment of the National Health Service (NHS) and Sainsbury’s. The report is explaining the different stakeholders who influence the purpose of two contrasting businesses. It is also explaining how the style of organization helps them to fulfil their purposes. Also, how different businesses are organized is discussed here.

TASKS

P1 Types of business, purpose and ownership of two contrasting businesses

There are different types of organizations available. Some of the organizations are profit-seeking and some others are beneficiary or non-profit organizations. Organizations vary due to their structures, cultures, and environment along with the line of Business. National Health Services England is treated as the world’s largest health service that is publicly funded. With its evolution in 1948, it has been able to create the image of the most efficient and most comprehensive Health service in the World (Moutinho, 2011). The NHS has come with the idea that good healthcare should be available to all, irrespective of wealth, class, age and other issues. The purpose of NHS is to serve the nation for the betterment of the people. No profit motive is there; rather the right of getting equal treatment and medical benefits are the main purpose for its existence. Patients are treated as the most expensive resource for NHS. Patients are highly satisfied with the services of the NHS.

Sainsbury has started its journey in 1869 with John James Sainsbury and his wife in London. Though it started as a small retail store, now it becomes the third-largest U.K. retail chains. The organization is operating more than 1200 supermarkets of the world along with the 165000 employees. It is now a listed company in the U.K. that is serving a wide range of customers every day. It focusses is on the customer’s satisfaction and tries to give the best possible shopping experience to its customers.  The main purpose of Sainsbury is growth, in terms of market share as well as a number of customers.

The purposes of Sainsbury PLC have some unique features which are as follows:

• It is serving the best food for health.
• The corporation integrity is to serve quality products.
• It has responsibility and respect for the environment.
• It is creating a positive difference.
• It is also creating employment opportunities.

P2 Stakeholders who influence the purpose of two contrasting businesses

The stakeholders are someone who impacts the purposes of business. The stakeholders of Sainsbury PLC include the followings:

• Suppliers: A party that supplies goods or services. A supplier may be distinguished from a contractor or subcontractor, who commonly adds specialized input to deliverables. Also called vendor.
• Customers: An individual who buys products or services for personal use and not for manufacture or resale (Klapper and et. al., 2011). A consumer is someone who can make the decision whether to purchase an item at the store, and someone who can be influenced by marketing and advertisements.
• Investors: An investor is any person who commits capital with the expectation of financial returns. Investors utilize investments to grow their money and/or provide an income during retirement, such as with an annuity (Klapper and Parker, 2011).
• Employees: Employees are people who have contracts with two parties, one being the employer and the other as employees. Employees rely on their job for pay. Most employees work for money but there are some who work voluntarily. Employees can work as part-time, full time, temporary and permanent all depend on their commitments. Employees are one of the Stakeholders, they are interested in the business and want it to do well and succeed.

The stakeholders such as customers, suppliers, investors, employees, etc. influence the working of the given corporations. The whole manufacturing process depends on employees only as they are one who does hard labor to develop products. While the investors are someone who invests a lot of money to establish a good partnership. Consumers are the purchaser of those products. The profitability of a company depends only on them so it is the goal of the enterprise to manufacture products as per the need or demand of customers. The overall transaction of goods depends on the suppliers only.

M1

Customers influence the aims and objectives of Sainsbury because they want value for money which involves providing the highest quality products at competitive prices. The points of view of employees are that the company provides them with a livelihood. They want the security of employments, good rates of reward and also promotional opportunities. Suppliers want to feel valued by the company and want frequent orders with prompt payments……………….

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