Business and Business Environment Report Sample
Added on -2020-07-22
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BUSINESS AND BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Covered in PPT...........................................................................................................................1TASK 2............................................................................................................................................1P3. Relationship among different types of organizational functions..........................................1TASK 3............................................................................................................................................3P4. Positive and negative impact of macro environment............................................................3TASK 4............................................................................................................................................5P5. Internal and external analysis of Tesco.................................................................................5P6. Relation among internal and external factors with macro factors........................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONBusiness environment is the combination of internal and external factors which havingimpact on its existence and influence their activities. It consists various factors throughcompanies are able to attain their target in efficient manner. For this purpose companies have toprovide proper training to their employees in order to improve their skills and knowledge. Alsoresponsible to maintain health and safety environment for their staff members. The present isbased on Primark which is UK based retailing company and provide varieties of goods andservices to their targeted customers (Teece, 2010). It is a international supermarket which havingnumber of store in many countries. There are different types of organization with differentpurpose and aim. Voluntary companies such as Oxfam is charitable firm. It is focuses on globalpoverty and use collective efforts in order to increase employment. Non profit making firm namecalled Tesco plc is international retailing company which is able to provide varieties of productsand services like cloth, toys etc. in order to attract customers. Staff members of all entities needsto analyse positive and negative impact of macro factors within existence of firm. Through
identify strength and weaknesses companies are able to maintain their performance ininternational market and improve profits margin as well. TASK 1Covered in PPT.TASK 2P3. Relationship among different types of organizational functions.Tesco is broad concept in which define different types of organizational functions whichare great impact on the existence of business. It is a retailing company consists number ofactivities such as sales, marketing, production, distribution and much more. Staff members needsto maintain full command on them. Through this they cited firm is able to attain objective andtarget as well at all levels of business. Every activities or departments having their own strengthsand weaknesses (Drucker, 2017). But staff members of have identify and try to perfomefunctions accordingly. Each function consists different staff members with different capabilities.Some of these are as aligned below-Functional structure- Large of companies opted functional structure through which theymaintain performance and increase market share. Each function completed in separatedepartment which is managed by several managers. Through this process employees are able tofocus on particular mission and try to attain their objectives as well. Tesco opted this function forits smooth functioning and achieve task in separate departments. The main drawback of thisprocess is while conduct activities each department not able to consult with each other. Productsand services produce by them cited firm are passed by different departments. With the help ofthis process customers are able to receive better quality of goods and services. Divisional structure- This process is able to spread activities across various branches.Each division having different functions such separate accounting, sales, marketing and so on.The main advantage of this approach require number of personnel which are carry out allrelevant functions. Tesco opted this process for implement their activities within organization.For this process staff members are responsible to frame plans and strategies which are helpful forthem to attain long time success (Cantwell, Dunning and Lundan, 2010). Higher authorities of
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