It floated itself in under London Stock Exchange in as the biggest floatation at the time. To understand any strategy for any company, it is important to know what the key strengths, weaknesses, opportunities and threats are for the company. This strategy turned out to be strength and also a competitive advantage. Significant presence in the UK market is also strength of the company.
· Welcome to My Performance. My Performance lets you securely capture and save your SMART objectives, Link conversations and Personal Development Plan. Thinking about performance at Sainsbury's is thinking about ‘the difference you make’ It's schwenkreis.com Sainsbury's Management Essay A Critical evaluation of the performance management systems of J Sainsbury PLC. Introduction. In any organisation, the team does the schwenkreis.com://schwenkreis.com Performance Evaluation of Sainsbury’s Task-3 Sainsbury’s plc has been operating in the UK market since Annual report’09 suggests that the company is currently serving 18 million customers each week with strength of , schwenkreis.com://schwenkreis.com
Own Determination from the data given The above diagram shows a graphical presentation of return on equity for Sainsbury and Tesco supermarkets. From the diagram, there is an indication that Tesco has higher returns on equity within the three-year period.
This is owed to its diversified investments in other sectors such as financial sector, real estate investments. Ultimately, effective investment decisions by Tesco doubled by the huge proceeds from the investments have increased the level of returns within the company.
The net margin Source: Own Determination from the data given From the graph above Tesco still shows great ambience in its performance in terms of its profitability compared to Sainsbury. Notably this increase in the profit margin is attributed to the efficient management of expenses and good strategies of marketing of its products to maximise on the sales.
Sainsbury has been recording low volumes of sales revenue compared to Tesco with numerous retail outlets in the United Kingdom to boost the sales revenue. In addition, Sainsbury low sales revenue can be linked to poor methods of products promotion, which lead to minimal sales revenues.
Tesco has effective methods of collective trade receivables, which boosts the collection of debts owed by customers to the company.
Furthermore, it is definite that Tesco has done well in areas of risk management especially with the diversification of its businesses, which improves its ability to invest and expand the market outlets of its products. Apparently, as noted from the introduction, it is also evident that the retail outlets by Tesco exceed by a bigger margin those of Sainsbury.
Liquidity Ratios Liquidity ratios demonstrate the ability of the company to meet its short-term obligations with the available short-term assets. This is exhibited by two main ratios; the current ration and the quick acid ratio Gibson, The current ratio The current ratio shows the ability of the company to meet its short-term liabilities with the available liquid or current assets.
The ratio is found by the formula; current assets divided by the current liabilities. From the diagram above it is evident that none of the companies was able to achieve a current ratio of 1 for the last three years. This is a risky observation for the company. Notably it is recommended that a company should have a current ratio of more than one but not more than two.
Even though none of the two companies was able to achieve a current ratio of one in the food retail industry, Tesco showed a greater prowess in its results by having slightly better current ratio compared to Sainsbury. Eventually the customers might lose trust in the supermarkets if products cannot be supplied in time.
There are possible reasons that might have contributed to this observation in the trend of current ratio for the last three years. It is possible that both companies are having excessive orders of inventory, which is held by the company against the diminishing demand for the products.
Besides, it is also possible that the low current ratio is owed to increase in payables for the company which increases the amount of current liabilities to be payable. Excessive inventory, poor methods of marketing or product promotion, which leads to low movement of goods and services, has a greater impact on the flow of inventory.
Furthermore, Tesco and Sainsbury might be experiencing a slow pace in the collection of accounts receivables, which lead to, held up of funds in the company. Own Determination from the data given Quick Ratio Similar to the Current ratio, the quick ratio, which shows the ability of the firm to meet its short-term debts by use of liquid cash without cash, the results from the calculations, does not show much to be desired from the two large scale supermarkets.
Sainsbury has a declining trend in the quick ratio. This is not a good sign for the company. This is an indication that the liquid cash at the disposal for the company is limited which might be attributed to the low level of collection of receivables.
As a result, the company has much to do in terms of establishing the best ways of collecting its trade receivables such as use of discounts. Tesco on its hand, even though it has a better edge over Sainsbury, it has much to act on in connection to the management of its liquid assets.
· This report will present a professional evaluation of Tesco and Sainsbury’s in direct comparison of one another, both of which a rivals within schwenkreis.com The system for managing employee performance is usually called performance appraisal which reviews an employee’s performance of assigned duties and responsibilities.
Organisations across the world use various assessment systems to evaluate and measure employee performance (Carroll and .
· This report provides a view on operations of SAINSBURY’S, the third largest supermarket chain across United Kingdom. A view on operations of Sainsburys.
Print Reference this. Published management concepts incorporated in SAINSBURY's operational routine can play a vital role to achieve its main performance objectives like schwenkreis.com Performance Appraisal An effective method of performance evaluation is the degree performance appraisal.
This method utilizes supervisor(s), subordinates, peers, and occasionally customer feedback to provide the employee a clear picture how their actions affect others in the workplace (Dalton, ). Performance Evaluation of Sainsbury’s.
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Performance Evaluation of Sainsbury’s. For Only $/page. ORDER NOW. Sainsbury’s plc has been operating in the UK market since Annual report’09 suggests that the company is currently serving 18 million customers each week with.
· Welcome to My Performance. My Performance lets you securely capture and save your SMART objectives, Link conversations and Personal Development Plan. Thinking about performance at Sainsbury's is thinking about ‘the difference you make’ It's schwenkreis.com