Analysis of J Sainsbury’s

Analysis of J Sainsbury’s

Unit 1- Business at work

Businesses exist to produce goods and services. If someone is thinking of starting up their own business or becoming part of an existing business, they would have to have the knowledge of what makes business work successfully and know how to how to apply that knowledge in the particular area of business. For this unit I will be entering and exploring the world of business. For this unit I will encounter and evaluate information provided by certain businesses and actually gather my own information from at least one business. The business I have chosen to study is J Sainsbury’s.

There are many types businesses in this world; these include Sole trader, Plc, Ltd, Partnership, Co-op and franchise. These types of businesses are all different from each other. Some of them need just one owner, some have hundreds.

Sole Trader

A sole trader is a one man business. There is just one manager. Although they are the sole manager and owner they can employ staff to work for them. They can employ as many as they want to work for them. A sole trader is self employed, this means they work for themselves, they employed themselves, they for nobody. Sole traders trade with others. They may trade expertise, an example of this would be a business consultant taking on a big job and needing an extra hand just for that job, so this person may employ a person with the expertise he/she needs. Because a sole trader is the sole owner he/she keeps all the profits, unless he/she has any employees. The owner of the business makes all the decisions, he/she will not have anyone telling them what to do. When one wants to set up a sole trader business it is relatively easy. There is little paper work involved bec...

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...nagement practices which result in measurable continous quality improvement. It is this ongoing procceess of quality improvement. It is this ongoing process of quality improvement which contribute to changes in production.

Advantages

Prevents errors

Prevents poor quality products

Features of TQM:

Quality Chains

Company policy and accountability

Control

Monitering the process.

Monitering the process.

Quality Certification

This is where the item being sold has been given a kite mark from the british standards institite for being at a certain standard of quality.

Advantages:

Marketing necessity

Saving in cost

Fewer problems and complaints

Reduction of waste in internal process

Disadvantages:

Costly

Lots of processes to go through

Takes time

Many take time to produced new products

Lots of paperwork