Report on Internal and External Factors of Business : Report
Explain the different types, size and scope of organisations and demonstrate the interrelationship of the various functions within an organisation and how they link
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Added on 2020-06-06
Report on Internal and External Factors of Business : Report
Explain the different types, size and scope of organisations and demonstrate the interrelationship of the various functions within an organisation and how they link
Added on 2020-06-06
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Business And Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................1P 1 Analysing the purpose of different types of organisation...............................................1P 2 Brief introduction about TESCO organisation , including its legal structure andinformation about its stakeholders .........................................................................................3TASK 2............................................................................................................................................6P 3 Explaining the Function of Tesco organisation and describing the way they are linked toorganisational Objectives.......................................................................................................6TASK 3............................................................................................................................................8P 4 Conducting PESTLE analysis in order to identify the impact of various macro factors onTESco organisation................................................................................................................8TASK 4............................................................................................................................................9P 5 Conducting Internal and external analysis for TESCO in order to analyse the strength andweaknesses and explaining the way they have influence on decision making process.........9P6 Strengths and weaknesses of the external macro on organisation..................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONBusiness environment consist of two terms business which refers to various activitiesperformed by human such as production, manufacturing, purchase of goods and services, sellingof products in order to generate income. Whereas environment refers to the conditionssurroundings business. Business environment also refers top as the set of various situations.Environment consist of aggregation of both internal and external factors that have direct orindirect influence on business activities. These internal and external can have impact on eachother and they can together influence business decisions. Business environment also refers top asthe set of various conditions such as political, environmental, technological, economic situations.The internal environment involves 5 M's like management, material, machinery, money andman. On the other hand external environment include political ,social, cultural factors,technological and environmental factors.In this TESCO is being selected as in order to analysis its business environment. Tescoorganisation is being selected in order to highlight the positiver as well as negative affect ofthese factors on company organisation environment. Tesco is being chosen for this study as it isoperating its core business activities in Global environment. TEsco Plc is a British multinationalGrocery and general merchandise retailer. The study will have focus on explaining the concept of business environment. The reportaims at describing the influence of various internal and external factors on business. The Swotand pestle analysis techniques will be included in this project in order to make Tesco awareabout various facts.TASK 1P 1 Analysing the purpose of different types of organisationOrganisation consists of group of people working together to achieves common purpose.The objective of organisation is to combine a group of people under the same roof andencouraging them to work collectively for achieving objectives. There are many types oforganisation and each organisation has been established for serving different purpose. Theseorganisations are mainly divided into various categorise on the basis of their purpose such basprivate, public, and voluntary sectors organisations.Public sector organisation- these firms are owned and controlled by government authorities.The purpose of these organisations is to provide various basic services to public. The revenue is1
generated by these enterprises in form of taxes from public and this income generated by theseform are being utilised for development of public sectors. The main objective of theseenterprises is to provide benefits to community. The voluntary sector public sector enterprisesdoes not seeks for generating profits. Sometimes partnership deals takes place between privateand public sector organisation. This partnership is created to provide joint services tocommunity. Examples of public sector enterprises includes schools, electricity, Gas and oilservices, Fuel, healthcare services etc. Public services organisation through outsourcing processencourages private sector to deliver services to its citizens. The public sectors purchase productsto provide various beneficial services to public such as defence, road building, transportationservices etc.Private sectors organisations-These enterprises are owned and mange d by private individualor group in order to generate profits. Government generally do no have any kind of interferencein such types of organisations. But sometimes these organisations do partnership with Publicsectors in order to deliver joint services to people. The main purpose of this type of organisationincludes generating revenue, profit , increase market share, growth and expansion of corebusiness activities. These sectors include small top large organisations running business. Theexample of private sectors' organisation include-Sole proprietors-Sole proprietor organisation also refers to unincorporated business organisationwith single owner who are liable for conducting various business activities and are responsiblefor paying various taxes. In this type of enterprises the purpose of entrepreneur is to generateprofit by providing specialised services to customers. Example of this organisation includesplumber, carpenter, doctor etc.Partnership organisations-Refers to the business organisation which is owned , managed andcontrolled by two or more partners. The main purpose of partnership organisation is to enhanceprofitability and growth of business. The example of partnership organisation is John and lewiscompany and some of accountancy and auditing firm that consists of more than 20 partners.Voluntary organisations-Voluntary organisations consists of group of people who enter into avoluntary agreement to accomplish common purpose. Voluntary organisation consists of thosepeople who have willingness to work for social benefit.Some examples of voluntary organisationare trade associations, professional groups and environmental associations , teachers union etc.2
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