Business Environment Essay Example | Topics and Well Written Essays - 1750 words - 3

Business Environment - Essay Example It has Banks, supermarket, local supermarkets, online services and stores. LE-PEST C analysis comprises of legal, environmental, political, economical, social, technological and competitive analysis. It is important to analyse the how Sainsbury Company services are being influenced by all these external features. First of all, it is guided by the need to provide the best services to its customers and to ensure that their shareholders earn high financial returns every year. Moreover, it is employee oriented as its goal is to have well rewarded employees who can have the opportunity to expand their knowledge and abilities on the activities they provide for the company. The company also aims at building a very strong relationship with its suppliers. This will definitely ensure that the needs of the customers are highly satisfied. The total number of stores owned is 301 and 455 supermarkets that serve approximately sixteen million people weekly. It has approximately 148000 employees whose work is to deliver food and other products at a very fair price (Killgre n, 2007, pp.34-75). The LE-PEST C analysis recognises the importance of the legal sector in influencing how companies operate. The legal sector can either reduce the competitive nature of a company or increase it. It lays down strict rules to ensure that the general public is safe from any substandard goods and services. The Sainsbury Company has not been left behind as the government of the UK has had a history of strengthening laws that are linked to drinks and foods. The rules target how products are packaged and labelled. Because food and drinks are very sensitive goods and they can cause a lot of destructions in an economy, then it is very important to package food using the right containers to avoid contamination. This helps in enhancing public health. Labelling laws are made to avoid counterfeit goods thus a