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Sustainability and Competitiveness: A case study of Sainsbury’s global business strategies Sustainability and Competitiveness: A case study of Sainsbury’s global business strategies Muhammad Yahya Saqib
Introduction Sainsbury Plc. is the second largest chain of supermarkets in the UK. It was founded in 1869 in Drury Lane, London by John James (Sainsbury's. 2020). The company revolves with values of affordability and quality for community engagement. The company took over 14.6% share in the UK supermarkets.
Main Content:Firm-specific Advantages Sainsbury boasts on firm-specific advantages for wealth that contributes and ensures success in the highly competitive retail sector (Smith, 2019). The sterling reputation resonates with customers as a sign of reliability and quality. The reputation serves as a magnet that a consumer seeks for their daily retail needs. The company offers diver ranges in different sectors (Kotler & Armstrong, 2020).
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Application of Porter’s Diamond Model Sainsbury’s business strategy aligns with Porter’s Diamond Model. The company has a diverse skilled workforce and innovative cultures (Brown & Green, 2021). The company’s customer-oriented approach responds to its consumer needs. Collaboration to the local suppliers and partnership strengthen the ecosystem in the retail industry.
Recommendations for sustainability and competitiveness Sainsbury has the largest retail sector in the competitive market of The UK. The company must continue investment in its sustainability and impact on environmental reduction to its supply chain (World Economic Forum. 2022). The company must expand its local partnership for community engagement. The company must leverage data analytics and enhance personalised marketing with sustainability campaigns (Porter, 2019).
Conclusion Sainsbury becomes the giant in the competitive market of the UK. Business strategies forge lasting competitive edge and stand as a formidable example. The strategic fusion helps in enhancing profit motives and forefront retail industry. The company’s remarkable success with firm-specific advantages includes sterling brand reputation and innovative consumer loyalty programs strengthen competitiveness.
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Reference Porter, M. E. 2019. The Competitive Advantage of Nations. Free Press. Kotler, P., & Armstrong, G. 2020. Principles of Marketing. Pearson. Sainsbury's. 2020. About Us. Retrieved from [Sainsbury's Website URL] Smith, A. 2019. Sustainability and Competitive Advantage: A Case Study of Sainsbury's. Journal of Retail Strategy, 15(3), 215-230. Brown, C., & Green, E. 2021. Local Sourcing in the Retail Industry: A Study of Sainsbury's Partnerships. Sustainable Business Journal, 8(2), 78-92. World Economic Forum. 2022. The Global Retail Industry Report. Retrieved from [WEF URL]
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