Business and Business Environment of Tesco Assignment Sample

Added on - 21 Feb 2021

  • 15

    Pages

  • 4685

    Words

  • 8

    Views

  • 0

    Downloads

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 4 of 15 pages
BUSINESS ANDBUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................41. Different type of organisations and their purposes.............................................................42. Size and Scope...................................................................................................................63. Relationship between organisational structure...................................................................9TASK 2..........................................................................................................................................10a) Pestle Model....................................................................................................................10b) SWOT Analysis and Porter's five force model................................................................12CONCLUSION.............................................................................................................................14REFERENCES..............................................................................................................................15
Table of ContentsINTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................41. Different type of organisations and their purposes.................................................................42. Size and Scope.......................................................................................................................63. Relationship between organisational structure.....................................................................10TASK 2..........................................................................................................................................11a) Pestle Model........................................................................................................................11b) SWOT Analysis and Porter's five force model.....................................................................13CONCLUSION............................................................................................................................15REFERENCES..............................................................................................................................16
INTRODUCTIONBusiness Environment is a combination of internal and external forces that affect abusiness. These factors influence the ability of a firm to build up and maintains healthyrelationship with customers. Business environment assist in improving overall performance,growth and profitability of an organisation. Different internal and external forces such as legal,political, technological, suppliers, customer, competitors, investors, government and media andmany more affect the business activities of organisations . TESCO is a British multinationalretail organisation that deals with groceries and general merchandise. It serves in 14 countriesover the world and has more than 800 shops. This organisation is a private enterprise and hasdifferent shareholders. Business environment has significant effect on retail sector as it consistsvarious external elements. This report cover information about various organisations operate inbusiness environment with its purpose. Further, legal structure of various enterprises andinterrelationship between its various functions is also include in this project. At last, impact ofmacro factors on retail sector of UK is also given in the report.TASK 11. Different type of organisations and their purposesThere are various types of organisations having different purposes which includes profitmaximisation, customer satisfaction, quality goods and services and so on. These organisationwork to achieve its purposeswhichcan be defined in detail as follows-Private Organisation-It is a partnership, corporation, agency or company which is operated byindividuals (Belás and et. al, 2015). Most private organisation run its operations in order toachieve profits. The example for private enterprise is TESCO,thatoperates its business in UK.It is a British multinational storethatdeals with groceries and general merchandise retail.Legal Structure:Different organisation follows a particular legal structure and carry on its business activitiesaccordingly. The legal structure followed by TESCO is corporate governance in which thisorganisation makes sureto achieve those strategies which shareholder want it to achieve(Charter, 2017). Also the licensing team in TESCO ensures that each store of this enterprisemust have legal alcohol licensing . Following is the legal structure of private companies-
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document