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Business and Business Environment of Tesco and NATWEST : Report

   

Added on  2020-07-23

10 Pages3374 Words43 Views
FinanceHigher EducationPolitical Science
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Business andbusinessenvironment
Business and Business Environment of Tesco and NATWEST : Report_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Various type of organisations and its purpose............................................................................1Different type of organisations and their scope..........................................................................3TASK 2............................................................................................................................................4Relationship among various function of an organisation and its link with structure andobjectives of firm........................................................................................................................4TASK 3 & TASK 4..........................................................................................................................6Covered in PPT...........................................................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8
Business and Business Environment of Tesco and NATWEST : Report_2

INTRODUCTIONEnvironment in which a business enterprise execute all its commercial operations isknown as business environment. This is a combination of various internal and external elementswhich largely affect the activities of an enterprise (Chavis, Klapper and Love, 2011). Suppliers,clients, competitors, technology, rules of government, trends exist in the market all are the mainelements of this. Basically this is an aggregate of all the conditions exist in the market.Identification of these elements is very important for making an implementing an effectivestrategy. Any variation and modification in these factors affect the business operations speciallyto the firms who operate on an international level. All this help managers in managing all thefunctions in an effective way. Public limited firm TESCO, and a private company NATWEST istaken under this report for study. Basic and main type of enterprises and its purpose for doingbusiness is described under this report. How all the functions of a firm is directly linked witheach other and how they affect by its objectives and structure is also mentioned under this.Further, main elements of macro environment and its impact on the business operations and howthe strengths and weakness of an organisation are kinked with the factors of externalenvironment is all detailed under this. TASK 1Various type of organisations and its purposeIndividuals undertake and execute number of business activities with the aim of earninglarge amount of profits. Before starting any kind of business activity they first identify the needsof various customers and than make the final product and service for satisfy them. Size andnature of business entity largely affect its activities. Operations of large enterprises include morecomplexity and required effective management as compared with the activities of business firm.This can be understood by the points stated below:Public limited company: If a business firm is controlled by the government either whollyor partially than it is known as public limited firm. Main motive of these companies is to makeeffective and innovative for satisfying the needs of customers (Commander and Svejnar, 2011).For generating revenues these firms issues the shares and invite the public to buy the same.These organisation keep the word PLC after the name of the company. Managers of thesecompanies are liable to held a meeting every year called annual general meeting. In this meetingsuggestions is taken from every stakeholder regarding the decisions of company further1
Business and Business Environment of Tesco and NATWEST : Report_3

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