Business and the Business Environment

Business And The
Business Environment

Table of Contents
INTRODUCTION .......................................................................................................................1
Discuss various types, size, scope, legal structure and purposes of public, private and
voluntary sectors and legal structures.....................................................................................1
Discuss the relationship between different organisational functions and how they link to firm's
objectives and structure..........................................................................................................3
Search positive and negative impacts the macro environment has upon business operations,
supported by specific examples..............................................................................................4
Conduct internal and external analysis for organisations in order to identify strengths and
weaknesses.............................................................................................................................7
Illustrate how strengths and weaknesses interrelate with external macro factors..................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Business can be described as a platform where goods and services are sold in order
generate huge revenue. Business plays a critical role in upliftment of the economy as it directly
provide numerous technical and managerial job opportunities to a large section of the society
people. Many industries , hotels and transport companies are established for business which aid
them to overcome the issue of unemployment (Ayios, 2018). This report is based on Tesco is a
successfully British multinational groceries retail store. It is the third largest grocery store in
terms of revenue. Firm was founded by Jack Cohen situated in Welwyn Garden City,
Hertfordshire. This leading organization dealing in multinational grocery items and are
successfully meeting the emerging needs of the customers across the globe. This assignment
covers public, private and voluntary sector along with their purpose, size, scope and legal
structure. Additionally, discuss the relationship between distinguished organizational functions
and how are they linked with aims, objectives and structure of the administration in the global
market. Along with this impact of macro environment upon business operations are studied
deeply so as to frame the tactics accordingly (Beatty and Abril, 2018).
Discuss various types, size, scope, legal structure and purposes of public, private and voluntary
sectors and legal structures
Profit organization (Tesco) is defined as those legal organization whose main motive is to
earn profit worldwide. This business associates maximize huge profit by selling product and
services of the enterprise across the boundaries. By doing set goals and objectives are achieved
in the set time duration which is a positive sign for the business associates. Organization
formulate effective strategies to gain competitive advantages against rivalry in the intense
competitive market place. However, profit organization are accountable for paying taxes based
on their net income. The government bodies utilizes the funds for their nations improvement in
order to make it as economically stable in nature (Brown, 2018). The ratio of unemployment and
poverty can be eliminated by properly utilizing the taxes fund. This company is having sores in
all over the world and they and continuously growing their market to more other countries,
Large scale enterprise refers to as that administration which turnover is greater than 1.5
billion euros. Along with this around 450000 staff members are working to full-fill the emerging
needs of the customers in the open market place. And a balance sheet total should be two billion
1