Business and Business Management Report
Added on 2020-09-03
14 Pages4086 Words32 Views
Business and BusinessManagement
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Covered in PPT.................................................................................................................1P2 Covered in PPT................................................................................................................1TASK 2............................................................................................................................................1P3 Relationship of different organisational functions and its link to objectives....................1TASK 3............................................................................................................................................4P4 Positive and negative impacts of macro environment of business operations..................4TASK 4............................................................................................................................................6P5 Internal and external analysis of Tesco Plc to identify strengths and weaknesses...........6P6 Interrelation of strengths and weakness with external macro factors...............................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONA business is an enterprise or organisation which deal with products and services inmarket aiming some target consumer to achieve specific for which they perform somecommercial or industrial activities. Such companies exchange their products on the basis ofmonetary and non -monetary concepts. Those who offer services in respect of on- monetaryprofit is called as non- profit oriented organisation (De Jonge, 2011). Business firms can befunctioned by government agencies or private owners. Those who manage governmententerprises are called government officials.In the surrounding of business, some external and internal factors involving customers,employees, framework, demand, supply or others exists in market which directly and indirectlyaffect major profits or productivity of organisation in positive or negative way. For analysing theinfluence of such element over the business, organisations perform macro and microenvironment study for understanding then strength and weakness of company. This report will, study the various types of organisation including their sizes,s cope andstructure. Tesco is UK based multinational retailing organisation which deal with wide variety ofproducts owning their stores in more than 14 countries. Main purpose of this assignment is toidentify the interrelation of functions of organisation with different environment and its impacton internal as well as external environment study (Zott, Amit and Massa, 2011). TASK 1P1 Covered in PPTP2 Covered in PPTTASK 2P3 Relationship of different organisational functions and its link to objectivesIntroductionTesco Plc is MNC which is a UK based organisation that merchandise the grocery goodsin all over Europe. This is the one of most 10 largest companies which retails products andservices who render value added commodities in cost effective cost (Williams and Naumann,2011). Major body1
This organisation focus over rendering effective cost and better quality of product to itsconsumers in order to increase their standard of living by targetting customers providing themsatisfaction with company's services. Despite from customer satisfaction, company aims overincreasing the product quality as well as profitability of organisation through portraying apositive brand image in market (Wild, Wild and Han, 2014). This following pictures present theinternal infrastructure of corporations in order to explains the major structure of the companywhich is briefed below: Source 1: Different challenges faced by the Project Manager when working within thealternative organisational structures used to implement projects, 2014Finance The element of finance is based on the funds management that are being utilized invarious function of organisation. It includes individual who conation knowledge of this field i.e.accountants and managers. The finance planning of a cited company is designed by manager offinance in which determination of resources for gathering investment and funds and theutilization is done. Whereas, accountant keep the record of entire transition of monetary ad datarelated to finance is attained in context of Tesco. Plc Also they plan the budget of variouscampaigns or activities.2
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