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Business Environment at Tesco : Assignment

   

Added on  2020-02-03

12 Pages4073 Words586 Views
Business DevelopmentFinanceLeadership ManagementPolitical Science
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BUSINESS AND THE BUSINESS ENVIRONMENTPage 1 of 12
Business Environment at Tesco : Assignment_1

Table of ContentsIntroduction......................................................................................................................................3LO1 (Refer to PPT).........................................................................................................................3Task 1: Explanation on the different types, size and scope of organisations..................................31.1 Explanation different types and purposes of organisations; public, private and voluntarysectors and legal structures..............................................................................................................31.2 Explanation on the size and scope of a range of different types of organisations.....................4LO2..................................................................................................................................................4Task 2:.............................................................................................................................................42.1 Explanation of the relationship between different organisational functions and how they linkto organisational objectives and structure........................................................................................4LO3..................................................................................................................................................5Task 1: Demonstration of both positive and negative impact of macro environmental factors onbusiness operations using contemporary examples.........................................................................51.1 Identification of positive and negative impacts has upon business operations.........................5LO4..................................................................................................................................................7Task 2: Determine the internal strengths and weaknesses of specific businesses and explain theirinterrelationship with external macro factors..................................................................................72.1 Conduction of internal and external analysis of selected organisation in order to identify thestrength and weakness.....................................................................................................................72.2 Explanation on how strengths and weaknesses of Tesco interrelate with external macrofactors of the business environment it operates...............................................................................9Conclusion.......................................................................................................................................9References......................................................................................................................................11Page 2 of 12
Business Environment at Tesco : Assignment_2

IntroductionIn the modern context of the business environment, it has been seen that the overall systems ofthe human resources are dependent on the modern aspects of the transformations in the protocolsthat are generally appointed by the managing individuals within the organisation. In thisassignment, the business background and the basic knowledge of business management arediscussed with the reference to a well-known company of the UK named Tesco and the effect ofmacro-environmental factors on business firm management. The basic knowledge of SWOTanalysis, as an example the SWOT analysis of Tesco has also been given. LO1 (Refer to PPT)Task 1: Explanation on the different types, size and scope of organisations 1.1 Explanation different types and purposes of organisations; public, private andvoluntary sectors and legal structures The organisation is a group or team of people with a particular aim, a business or anygovernmental case. There are four types of organisational structure. These are - Public, private,voluntary sectors and legal structures. Public sector organisation is Government basedorganisation. It is mainly run by the Government of a country. People are paying taxes and thisamount is used to help many public sectors financially. The purposes of the public sector are touse the resource completely to benefit the people of a country and fulfil the public services.There are two types of Government in a country. One is Local Government and another isCentral Government. The purposes of local Government are Roads, Social services, Education,Libraries, Parks and sports facilities (Sharma, 2014, p.9). The purposes of Central Governmentare Social security, defence, Health service, Police, Universities.Private sector organisations are run by private distinctive. The services of private sectors areCompanies, Franchises, Sole traders and partnerships. The purposes of this sector are the growthand profit of the companies, maximising the sale, increasing the market share. Voluntary servicesare not dependent on individuals. Anyone can make the responsibilities and budget to fulfil thepurpose. The purposes of this sector clothes for the poor people, stick or guide dogs for theblinds etc. The legal structures of a business organisation are General partnership, solepartnership, limited partnership, limited liability partnership, S Corporation, C Corporation, Non-Profit Corporation (Samantara and Sharma, 2015, p.95).Page 3 of 12
Business Environment at Tesco : Assignment_3

1.2 Explanation on the size and scope of a range of different types of organisationsThe different structures of organisations are Divisional structure, Functional structure, andMatrix. The divisional organisation comprises of smaller, multiple business structures. It ismainly used by large multinational companies which contain different small groups of businessto spread their business in the market of the world. The benefits of this structure are that itcompletes is aimed more specifically and rapidly. Because of its scope and size, this structure isvery much costly. Smaller business can use this structure, contains different small enterprises inthe different area.The Functional structure is a most common type of organisational structure. It is normally basedon the common job function. The main drawback of this structure the communication andcollaboration are restricted within the boundaries of the organisation consists of the differentdepartment working separately (Cai and Yang, 2014, p.142). Matrix is a mixed organisationalstructure of divisional and functional structure. It is mainly used by the multinational companies.It has the advantage of both divisional and functional structure.LO2Task 2:2.1 Explanation of the relationship between different organisational functions and howthey link to organisational objectives and structureThe function of the organisation mainly depends on its employees. Different employees havedifferent jobs to do. The employees and their functions are Supervisors watch the practices andprocedures of operators. Their function is to involve the best work for increasing developmentand improvement of an organisation. Managers organise and plan different departments to fulfilthe internal and external customers according to their need. They work very efficiently withother employees to improve accuracy, improvement, increase efficiency. Operators are workingto maintain efficiency, and accuracy of the work in an organisation (Belás et al. 2015, p.95).They are working day by day under the supervision of supervisors and managers. The hard workof those employees helps to meet the objectives and goals of an organisation.Page 4 of 12
Business Environment at Tesco : Assignment_4

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