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Business and the Business Environment

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Added on  2023-02-02

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This document discusses the different types, sizes, and scope of organizations, the interconnection of functions within a company, and the positive and negative impacts of the macro environment on business operations. It provides specific examples to support the analysis.

Business and the Business Environment

   Added on 2023-02-02

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Business and the Business Environment
Business and the Business Environment_1
BUSINESS AND THE BUSINESS ENVIRONMENT
Contents
Introduction......................................................................................................................................4
Part 1................................................................................................................................................5
LO1: Explain the different types, sizes and scope of the organization...........................................5
P1: Explain different types and purposes of organizations, public, private and voluntary
sectors and legal structures..........................................................................................................5
P2: Describe the scope and size of a range of various kinds of company for the purpose..........6
M1: Analyze the way the structure, size, and scope of various companies connect to the
business objectives, services and products offered by the company for the purpose..................8
Task 2.............................................................................................................................................10
LO2: Illustrate the interconnection of the several functions within the company and the way they
interrelate to the organizational structure......................................................................................10
P3: Describe the connection in between the various organizational functions and the way they
relate to the organizational structure and objectives..................................................................10
M2: Analyze the disadvantages and advantages of connections in between functions of
organization and the influence which can have upon their structure.........................................11
D1: Provide a critical analysis of the complexities of different types of business structures and
the interrelationships of the different organizational functions chosen for the purpose............12
Part 2..............................................................................................................................................13
LO3: Use of contemporary examples to demonstrate both positive and negative influence or
impact the macro environment has on business operations...........................................................13
P4: Identification of positive and negative impacts the macro environment has on business
operations, supported by specific examples..............................................................................13
M3: Application of the PESTLE model to support a detailed analysis of Macro environment
within Tesco...............................................................................................................................15
Page 2 of 23
Business and the Business Environment_2
BUSINESS AND THE BUSINESS ENVIRONMENT
LO4: Determining the internal strengths and weaknesses of specific businesses and an
explanation of their interrelationship with external macro factors................................................17
P5: Internal and external analysis of specific organizations in order to identify the strength and
weaknesses of Tesco..................................................................................................................17
P6: Explanation of strengths and weaknesses in interrelation with external macro factors of
Tesco..........................................................................................................................................18
M4: The justification of influence of SWOT analysis on the influence of decision making of
Tesco..........................................................................................................................................19
D2: Critical evaluation of the impacts that macro and micro factors have upon business
objectives and decision making.................................................................................................19
Conclusion:....................................................................................................................................20
References......................................................................................................................................21
Page 3 of 23
Business and the Business Environment_3
BUSINESS AND THE BUSINESS ENVIRONMENT
Introduction
The managers and the leaders of the organization maintains different department such as
management, logistics, running, arrangement, organizing, structure selection, coordination, and
planning. The organizations based In UK has also enlarged and expanded their business spheres
in many countries. Based on the present organizational scenario, Tesco PLC has established
various functions in the organization for increasing the productivity at the end of the financial
year.
Page 4 of 23
Business and the Business Environment_4
BUSINESS AND THE BUSINESS ENVIRONMENT
Part 1
LO1: Explain the different types, sizes and scope of the organization
P1: Explain different types and purposes of organizations, public, private and
voluntary sectors and legal structures.
The large organizations in United kingdom has been chosen as the prime organizations in this
research study and different types of the purpose of the organizations, public, private and the
voluntary sectors legal structures in the United Kingdom. There are many large organizations
such as Sainsbury PLC and the Asda Stores Limited, which are the main competitors of the
Tesco PLC. The large organizations in United Kingdom such as Tesco PLC can also make the
opportunities for the accomplishing the competitive advantages and thus aiding for the better
marketing strategies, quality and prices in the external market (Bah and Fang, 2015).
Voluntary Industry
The Voluntary industry has been comprised with many individuals and personnel and thus
grouping towards for accomplishing any common purpose and objective. In United Kingdom,
there is lot of organizations and thus all the companies in the industries are striving for adopting
various changes of the socio-economic developments for the rural people of the country. The
main objective of the voluntary organizations is to manage out the blood for the ill patients in the
hospital and thus raising funds for poor people in the country in the form of charitable tasks and
regional enterprises. The main purpose of the organization is as follows
The voluntary organizations in the country are based with religious and the social
motives and thus experiencing charitable tasks in the country.
The voluntary organizations are not a part of any government body or a local authority
and it runs on the collection of funding from the common people of the country and thus
using the surplus for earning and thus meeting the desired objectives and aims of the
organization (Chenchehene and Mensah, 2015).
Page 5 of 23
Business and the Business Environment_5
BUSINESS AND THE BUSINESS ENVIRONMENT
Private Industry
The largest organizations in the country have set their aims in earning profit at the beginning of
the business process. The private companies such as Sainsbury PLC have also performed in the
wholesale and retail market of United Kingdom. The organizations have also increased the level
of expectations and thus increasing the level of profit for the organization.
Public Industry
Many public limited organizations in the country have no upper limitations and thus creating
various issues with any kind of stocks for the common people of the country. The public limited
organizations are the most influential than the private industry as the industry showcases the own
advertisements and promotions in front of the people with the help of different prospectus and
the serving equity. The organizations have been one of the largest in the country and thus they
have also set their target in establishing business ventures for earning more profit in the future
course of time.
P2: Describe the scope and size of a range of various kinds of company for the
purpose
Size of various business organizations in United Kingdom
Private limited company
Number of Owners 17
Amount of capital 1280 Billion Great Britain Pound
Amount of yearly Revenue 55.9 billion Great Britain Pound
NUMBER OF STAFFS 46000 and above
Table 1: Information relating to the private limited company
Scope: The private limited company has some of the limitations and it becomes much
comprehensive for managing their business management. In the private sector the board of
directors and the shareholders also get the opportunity in involving with the business and also in
giving suggestions for increasing the productivity at the end of the financial year.
Public Limited Company:
Page 6 of 23
Business and the Business Environment_6

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