Business and Business Environment of Tesco Assignment

Added on - 21 Feb 2021

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Business and businessenvironment
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Explain different types and purpose of organization.............................................................1P2 Explain the size and scope of different types of organization...............................................3LO 2.................................................................................................................................................5P3 Explain relationship between different organizational functions and its link with objectivesand structure................................................................................................................................5LO 4.................................................................................................................................................7Covered in PPT...........................................................................................................................7LO 5.................................................................................................................................................7Covered on PPT..........................................................................................................................7CONCLUSION................................................................................................................................7References........................................................................................................................................9
INTRODUCTIONBusiness environment is integral part of the effective and efficient management ofbusiness. This help to determine the various factors and aspects of business which are importantfor successful within the environment. Business environment is give the perfect shape tobusiness segment with product line (Argyris, 2017). The present report is based on the “Tesco”which is the British multinational groceries and retail firm. Study lays explain by the differenttypes and purpose of public, private and voluntary sector and legal structure. It is will beexplained by the size and scope of a different range and types of organization. Study will explainby the relationship between different organizational functions and their objectives and structure.The presentation will identify by positive and negative impacts of macro environment onbusiness environment. To analysis the macro environment presentation will explain by PESTELanalysis. This will also explain by external and internal analysis of Tesco by identifying strengthand weakness. It will also explain interrelation between strength and weakness with the externalfactors.
LO 1P1 Explain different types and purpose of organization.There are three types of organization which have specific purpose to run business andorganization at market place. The different types of organization such as public, private andvoluntary organization. Those organizations are as follows:Public sector organization:Public company is generally is operated by the government with the existing facilities. Itis the part of both public services and public organization. The public services are includes thevarious services which are provided by the government to peoples either direct or by financingprivate provision of services. Public services such as education and medical facilities to poorpeoples who are not able to pay money in at against of this (Brunsson and Olsen, 2018). Publicorganization are generally controlled funded agencies, other entities like public program, goodsand services. For example: British petroleum is public limited company. It is the gas and oilcompany with score sixth largest company by market capitalization. The company is operates inall areas like production, refining, distribution and marketing. Company have aim to buildunderstanding needs and wants of customers. The company have purpose is to deliver the bestquality of product and services which adding values of their business present and future.Private sector organization:Private organization is generally operated by individual person. The private sectorcompany is the important part of the economy which is distribute products and services atmarketplace for earn money and build positive goodwill. There are many kinds of privates sectorenterprises which are includes sole ownership, small and medium-sized, large company. Forexample: Tesco is the private company which is British multinational groceries and generalmerchandiser retailer at UK. It is 3rdlargest retailer in the world which is measures by grossrevenue (Chang, 2016). The private company Tesco has purpose which is to helping peoples byproviding the best quality and quantity of product and services at marketplace. Company havesell goods and services by satisfying needs and wants of customers in effective manner.Voluntary sector organization:Voluntary sector is the union of individual group who are entered into an agreement toaccomplish a purpose. It is also referred the non-profits and non-government companies like civilsociety and charitable trust firms. This types of companies are also seeks for funding from
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