Business Ownership

... Background History of Sainsbury's plc's The Business I have chosen is Sainsbury, Sainsbury Supermarkets was established in 1869 by John James and Mary Ann Sainsbury and is's longest-standing major food retailing chain, their vision or their mission statement is "Sainsbury plc's vision is to improve the performance of the core supermarket chain. Whilst doing so we will continue to explore and develop growth opportunities in other markets. Through implementing 'Managing for Value' we will stretch our ambitions and challenge the conventional wisdom within the Company, thereby unlocking our potential and delivering value." Source: Sainsbury Web site There are several different business ownerships: ? Franchise ? Sole Trader ? Public Sector ? Co-operative ? Partnership ? Company ? Public Limited Company ? Private Limited Company Public limited company The type ownership that I have chosen is a "Public Limited Company." This means it is a type of limited company whose shares may be offered for sale to the public on the

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