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Business and Business Environment Assignment Solution - Tesco
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Added on 2020-10-23
Business and Business Environment Assignment Solution - Tesco
Added on 2020-10-23
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Business and businessenvironment
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................4P1 Explain different types and purposes of organisations; public, private and voluntary sectorswith legal structure.................................................................................................................4P2 Explain the size and scope of range of different types of organisations chosen for purpose.................................................................................................................................................7M1 Analyse how structure, size and scope of different organisations and link withorganisational objectives and product and services offered for chosen organisation............9D1 Provide a critical analysis of complexities of different types of business structures andinterrelationship of different organisational functions for the purpose................................10TASK 2..........................................................................................................................................10P3 Explain relationship between different organisational functions and how they link toorganisational objectives and structures chosen for purpose...............................................10M2 analyse advantages and disadvantages of interrelationship between functions and theirimpact...................................................................................................................................11TASK 3..........................................................................................................................................11P4 Positive and Negative Impact of macro environment on business operations................11M3 Apply appropriately PESTLE model to support detailed analysis for macro environmentof organisation......................................................................................................................13TASK 4..........................................................................................................................................13P5 Internal and external analysis of organisation and their strength and weaknesses.........13P6 Interrelation of strength and weaknesses with external macro factors............................14M 4 Apply appropriately SWOT analysis and justify how it helps in decision making......15D2 Critically evaluate impacts that both macro and micro factors have on business objectivesand decision making.............................................................................................................15CONCLUSION..............................................................................................................................16REFERENCES .............................................................................................................................17
INTRODUCTIONBusiness environment is sum total of internal and external factors that influence businessproceedings. Business environment consist of threats for firm and immense opportunities thatoffers exploitation of marketplace an. Business environment consist of individuals, entities andmany other factors which are not under control of organisation but it affects businessperformance, profitability and growth for survive for long time. This report is based on Tescowhich is a British multinational private owner company that deals in groceries and generalmerchandise retailer. It is headquartered in England, UK and third largest retailer in world wide.Apart from this, report will outline public and voluntary organisation also consist by types, sizeand scope of that organisation. In it also consist different functions that perform in organisationand their relationship with other departments. Further it emphasises on effect of macroenvironment on operations of business with both internal and external factors and theirinterrelation with one another.TASK 1P1 Explain different types and purposes of organisations; public, private and voluntary sectorswith legal structure.There are many types of organisation that helps individual as well as organisation growthand enhancement. In that scenario mainly three types of organisations are discussed in whichprivate, public and voluntary organisation. Private organisation:Private sector is part of whole economy which run by individual and organisation forprofit making purpose. In it includes all organisation which operates for profit making purposethat are not owner and operated by government (Hilton and Platt, 2013). In that report privatesector organisation is Tesco which is third largest retailer at worldwide. Tesco is multinationalgroceries and merchandise retailer in world wide.PurposeIn purpose of Tesco is to serve shoppers better than every day. Their main purpose is tochampion for customers and enables to give better experiences to their customers and give easierway to live life (Bharadwaj and et. al., 2013.).Types of private sector:
In legal structure of private sector consist of main attributes that are as follows:Sole trader: Sole trader is a business type of private sector it is a one-person businessand only in less amount of finance is required and have few advantages. They employoften waged employees and bear all risk that are associated with project and avail allprofit.Partnership: To get rid from problems of sole trader, partnership firm should be formed.It is an association of individuals and generally partners in between 2 and 20. eachpartner is responsible for their own profits and losses. Private limited company: It is a type of joint stock company and generally they aresmall, family businesses that are owned by shareholders. With each shareholder is part ofbusiness and each share entity have right to vote in general meeting of company.Public limited company: Public limited company that freely sold their shares and tradewith public and Tesco deals in public limited company.Tesco legal structureIn Tesco legal structure 11 members in their executive committee and its organisationalstructure is hierarchical in which decisions should be pass through a definite format. In theirstore level, they have four layers of management system in their large stores. So legal structureof Tesco is totally hierarchical and roles with responsibilities should be clearly defined. Anotherlegal structure that follow by Tesco is corporate governance in which it deals with theirshareholders to attain desirable outcomes and make sure that consumers not get negative resultsand harmful effects while using their products. In this focus of firm is on reducing carbon footprints and reducing emission of carbon dioxide.Sustainability:The one of most important aspect Public organisationPublic sector is important part of economic system that is controlled and operated bynational, state or local government. Main purpose of public sector company is to provide publicgoods and government services in which military, police and public education with health careare important factors that insist by public sector (Schaltegger, Lüdeke-Freund and Hansen,2012). In that report public sector organisation is national health services that is publicly fundednational health care system.
PurposeIt is responsible for administering and protection of people from many types of diseaseand protect their health so that good lifestyle should be provide to them.TypesThere are three types or forms in public sector that are as follows:Central government: Central government is responsible for handling government and itsvarious departments, it is responsible for whole supremacy over a unitary state (Ballardand et.al., 2012.). It is equivalent in federation is federation government that have variouspowers for that it is authorised like NHS which regulates operations under centralgovernment.State government: State government is government of country that is subdivision offederal form of government. It shares power related to political from both federal andnational government. It has some level of autonomy and it is in direct control of federalgovernment.Local government: Local government is form of public administration that helps indetermine and implement various measures within restricted area that is smaller thanwhole state. Various local government is obligatory for freedom of particular locality foract.Legal structure of National health servicesChild support agency is a government organisation which follows vertical legal structurein which some people are on main position such as chief executive at top level. In verticalstructure other increasing no. of people at middle level (Werbach and Hunter, 2012). In whichorganisational development and people, operations, quality, medical, finances and procurementand corporate developments at middle level should be mid-level. Hence it is important fororganisation to follow a structured legal structure. In that health and wellbeing boardsincorporated by local authorities in local commission under NHS.Voluntary organisation:Voluntary group or association who are bound with an agreement as a volunteer and forma body to accomplish purpose according to organisation. In volunteer and their commonexamples are trade unions, associates, societies of learned, professional associations.In voluntary organisation Oxfam is considered.
Purpose of OxfamMain purpose of Oxfam is to help create solutions in respective of poverty. They are partof global movement to bring change and give efforts for secure future and free from poverty.TypesAn unincorporated association: This type of legal structure is preferable for smallbusinesses and for short term goals, low income and not intend to employ large no. ofpeople. It is quick and cheap to set up.A trust: It is also a type of voluntary organisation in which money or property should bemanage properly to gain defined goals. It establishes relationship among three parties thatare donors, trustees and beneficiaries. Trusts are non-democratic organisations that haveno membership structure likeOxfam which is incorporated under trust.Limited companies: It is most popular type of organisation structure in case of voluntaryand work for managing staff, contracts and funding.Legal structure of OxfamOxfam has two tier legal structure in which executive board and board of supervisorsconsist in it. Members of board of supervisors are major position and responsible for appoint anddismiss executive director and other major positions (Vitale, 2011). In executive board consist ofdirectors and their affiliates. In their duties consist of prepare and organize activities and actionsof organisation. It has long hierarchical chain of activities. In Oxfam there are council of trusteesthat is governing body. They are appointed in organisation of their strong commitment and skillsset that helps in large and complex charity.All these organisation majorly emphasises on sustainability that plays very important rolein organisational development and enhancement that Tesco give training and development totheir employees with deliver products and services according to choice of consumer demand sothat desirable goals and objectives should be achieve.P2 Explain the size and scope of range of different types of organisations chosen for purpose.SIZE AND SCOPE OF TESCOIn its size and scope consist of extent of market into they operate by their products andservices (Janita and Miranda, 2013). It has approximately 4,40, 000 colleagues and servemillions of customers every week at both stores and through online mode. It deals in all type’s
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