Strategic Analysis of the Supermarket Sainsbury's

Anglický jazyk

Strategic Analysis of the Supermarket Sainsbury's

Vydavateľstvo: GRIN Verlag
Rok vydania: 2021
Formát: Paperback
Rozmer: 210 x 148 mm
Jazyk: Anglický jazyk
ISBN: 9783346546500

Na objednávku

16.65 €

bežná cena: 18.50 €

O knihe

Seminar paper from the year 2021 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: The purpose of this study is to conduct a strategic analysis of Sainsbury's, a UK based supermarket with an objective to dominate the European retail industry. With its establishment in 1869, Sainsbury's features as a reputable supermarket chain in the UK. By 2020, its annual revenue was around £26,334 million, thereby guaranteeing its role as one of the foremost UK supermarkets within the retailing industry. Since inception, the organization has incorporated a self-service method of shopping into the UK supermarket; a strategy that enabled it reinforce its position within the industry till 1991, when it nearly collapsed.

Sainsbury's strategic plan endured a significant amount of challenges, all of which required its mitigation to advance in its efficiency in service delivery. For example, the revival of its arch-competitor, Tesco challenged its expansion efforts in an effort to continue to obtain a substantial position within the UK market. At the same time, its leadership uncertainties endanger its efforts towards continuity, especially with reference to implementation of its strategic plan. With reference to the competition; ASDA also features as an opposition within the UK retailing industry, posing considerable threat to the market supremacy of Sainsbury's.