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Business Report : Sainsbury 's Plc

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Sainsbury’s strategy follows with their quote ‘We will make our customers’ lives easier. Great quality. Great prices. Whenever and wherever’ or following with their motto ‘Live well for less’, setting goals to possibly retain consumers by making lives easier everyday by putting out fair prices and quality services to all. To pursue their goals Sainsbury’s have their stores in key locations that are growing significantly in both convenience and discount stores. J Sainsbury’s plc (2015) Strategic Report is divided in two sections; the non-financial KPIs such as: product quality, Like-for-Like Transactions, Price perception, Sales growth, Service growth by Area/Channel, Availability and Customer Service that focuses on social responsibility as Fredrick (1960) and Friedman (1970) agrees in taking opportunities to fulfil the needs of stakeholders be it efficiency, that too ensuring the management board follows governance, codes and compliance to minimise risks which enhances the socio-economic welfare as well as increasing strategies on financial KPIs following; Underlying Profit before Tax, Basic Earnings per Share, Cost Savings, Operating Cash-flow and Dividend per Share, hence keeping the balance sheets strong. Correspondingly, measuring profitability becomes important for shareholders, creditors, suppliers and investors: the question is whether there is a correlation between increased social responsibilities in increasing profits. In this essay, the KPIs that relate to social

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