Business Environment Assignment: UK
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Added on 2021-02-20
Business Environment Assignment: UK
Added on 2021-02-20
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BUSINESS AND BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3Different types and purpose of organisation...............................................................................3The size and scope of the organisation.......................................................................................4Interrelation between different organisational function and structure........................................5TASK 2............................................................................................................................................7Negative and positive impact of macro environment.................................................................7Internal and external analysis of Tesco.....................................................................................10Strength and weakness interrelate with macro environment factors.........................................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONBusiness is the most important factor which help to earn money by provide best productsand services to customers. Business environment is the sum of total collection of whole internaland external factors which are changes to business. Those factors such as customers, employees,demand and supply, management, clients, suppliers, social and market trends and economicchanges etc. the present study is based on the “Tesco” which is British multinationalsupermarket. This established best and long supermarket chain at UK. The study lays emphasison the different types and purpose of various organisation like public, private and voluntarysector. Report will explain size and scope of different range of organisation. This shows therelationship between different organisation functions and its link with organisational structureand objectives. Study will identify positive and negative impact of macro environment onbusiness and its operations by specific example. It will be conducted by internal and externalanalysis of organisation in order to identify strength and weakness of company. It will alsoexplain by the strength and weakness of firm are interrelated with external macro environment. TASK 1Different types and purpose of organisation.Public Sector Organization:The public sector is normally com prised of companies which are operated by thegovernment and exist to give facilities. It is the portion of economy of both public services andpublic organizations (Chang, 2016). Public services involves public products and governmentalfacilities, such as public education, public transit along with health care. Public enterprises areself financing commercial enterprises which are under public ownership that give differentprivate products and services for sales and normally operate on commercial basis. For example:Tesco. It is the British multinational groceries and general merchandise in the UK. The purposeof public sector organization is to provide the public goods and services to the public forsatisfying the needs and wants. Company has large products range such as supermarket,hypermarket, convenience shop and superstore. Private Sector Organization:The private sector is the portion of economic system which is operate by single personand firms instead of government normally as refers to organization for profitability. Thus, it
encompasses all for profits enterprises which are not operated by the government. There aremany kinds of private sector which includes sole ownership, small and medium sized, largecompany and trade unions. For example: Arcadia Group. It is the British multinational retailingorganization in the UK. It operates high street clothing retailers Burton, Topshop, Topman andout of town chain outfits. The group has more than 2500 retail stores in the UK. The purpose ofprivate sector organisation is to make profits by providing high quality goods and services to thepeople. Company has huge products range such as clothing, accessories and shoes. Voluntary Organization:The voluntary organization is general term utilised to means to specific kinds ofcompanies. It is also referred to as non-profits companies, non-governmental companies, civilsociety and charitable firms (Erasmus, Strydom and Rudansky-Kloppers, 2016). Voluntarycompanies trying government funding or corporate support are specifically assailable to effect ofsimilarity of their donors. For example: Cancer Research UK. It is the cancer study andawareness charity in the UK. It is the formed by merger of The Cancer Research Campaign andthe Imperial Cancer Research Fund. The purpose of organization is to decrease figure of deathsfrom cancer. It is the world's biggest independent cancer research charity. Company needs tofocus on research actions into the prevention, diagnosis and treatment of the diseases. Theseactions are carried out in educational institution and hospitals across the United Kingdom. The size and scope of the organisation.Micro Enterprises:It is normally determined as small business applying nine people or fewer and havingbalance sheet or turnover less than certain figure. In the UK, the categorised businesses of 1-9workers as being micro-businesses. For example: Wiser. It is the micro business which operatedas recruitment company. Micro enterprise business on the above will be business with less than10 workers. Some of voluntary firms involving in micro business because in this company fewpeople are volunteer for fulfilment of needs and wants of public. For example: Cancer ResearchUK. Over 40000 people are regular volunteer (Hair Jr and et.al., 2015). Company is almostwholly funded by the public. Small-medium Size Enterprises:Small enterprises are privately operated companies, sole ownership which have someworkers and less annual revenue than daily business or corporation. Small enterprises in many
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