Why Is Sainsbury's Chosen Customer Choice As Your Local Business?
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Enterprise
Enterprise is the willingness of an organisation or an individual to firstly taking risk. Setting up a new business is very risky. Although the entrepreneur may have carefully researched the market, there is always percentage that the customers will reject the service or product meaning that loss will be made. This is one of the reasons why most businesses fail- customers have rejected their service or product.
Secondly, a successful entrepreneur needs to be able to show initiative and thrive with determination and energy to jump over hurdles and launch new businesses. If the entrepreneur of Sainsbury’s didn’t take the risk and show determination Sainsbury’s would not be one of the largest chains in the United Kingdom. http://www.bbc.co.uk/schools/gcsebitesize/business/aims/publicsectorrev1.shtml Why I have chosen Customer Choice as my local business
For my locally based business I have decided to do my research on Customer Choice Barber & Unisex Salon, which is a hair and beauty salon that is…show more content… Sainsbury’s is one of the largest chains of supermarkets in the United Kingdom, Tesco being in the lead. J Sainsbury’s PLC was founded in 1869 by a man called John Sainsbury and his wife called Mary Ann Sainsbury in London. One of the main reasons I have chosen to base my investigation on Sainsbury’s as well as Customer Choice is because Sainsbury’s, today, has grown to become one of the United Kingdom largest retailers. Another reason why I have chosen Sainsbury’s is because Sainsbury’s was the first major British supermarket to open a bank, commencing trading in February 1997. Sainsbury’s Bank provides a range of quality products including Insurances, Credit Cards, Savings and Loans. Having over 1,000 stores, including 440 convenient stores, employing around 150,000 colleagues and being the 3rd largest chains of supermarket, Sainsbury’s is broader than simply operating retail