Business and Business Environment of Tesco : Assignment

BUSINESS AND
BUSINESS
ENVIRONMENT
(Project - 1)

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Different types and purpose of organisations........................................................................1
1.2 Size and scope of different types of organisations................................................................3
1.3 (M1) How to inter-linked organisational size with its objectives.........................................4
TASK 2............................................................................................................................................5
2.1 Interrelationship between organisational functions and its structure....................................5
2.2 (M2) Advantages and disadvantages of interrelationships between organisational functions
.....................................................................................................................................................6
2.3 (D1) Complexities of business structure...............................................................................6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business environment is an intermixture of all entities, individuals and further factors
which may affect organisational performance in a positive and negative manner. In addition, it
can also influence profitability, productivity, even growth and survival of the firm. Every
commercial entity operates in a distinct environment and therefore, it cannot exist in isolation. In
a business environment, there are two types of factors, i.e. internal and external. (Reinhardt and
Stavins, 2010) Along with this, the notion of business environment is relative since it varies from
one to another location. Tesco is the chosen organisation in this present assignment which is one
of the largest retailing companies in UK with having a total revenue of £55,917 million. The
main objectives of company is to gain higher customer satisfaction by providing them qualitative
products and services. Apart from this, the report will describe various types and purposes of
organisations. The document will also state the way different organisational functions are
interlinked with each other in order to achieve firm's goals and objectives. Further, a basic
marketing plan for the chosen firm will be prepared here as well.
TASK 1
1.1 Different types and purpose of organisations
In this competitive era, operated several entities are running their business in order to
gain higher profitability and market share. On the basis of their work, business organisations are
classified into three sectors such as public, private and legal. Below mentioned is the brief
description of these organisations: -
1