Business Environment : TESCO plc

BUSINESS AND THE
BUSINESS
ENVIRONEMENT

Table of Contents
INTRODUCTION........................................................................................................... 3
TASK 1......................................................................................................................... 3
TASK 2......................................................................................................................... 3
P3 Relationship between different organisational functions and its link with
organisation objectives........................................................................................... 3
TASK 3......................................................................................................................... 5
P4 Positive and negative impact of Macro environment on Business
operations............................................................................................................. 5
TASK 4......................................................................................................................... 7
P5 Internal and external analysis with strength and weakness...............................7
P6 Inter-relation of strengths and weakness with external macro factors.............10
CONCLUSION............................................................................................................ 11
REFERENCES............................................................................................................. 11

INTRODUCTION
Business environment can be defined as the place where various activities and operations of
the business are being carried out in an effective manner so as to achieve the goals and objectives of the
organisation. Environment comprises of both external and internal factors which greatly influences
operations and functioning of organisations. It is very crucial for every company to identify all necessary
factors which can pose negative as well as positive impact on company. TESCO is multinational
groceries and merchandise supplier and is headquartered in England, United Kingdom. It has been
operating in different parts of the world and employing large number of workforce. This assignment will
mainly focus on different types and purposes of organisations and their size and scopes. Relationship and
inter relations of different organizational functions are also mentioned in this assignment. Positive and
negative aspects of macro environment and internal and external analysis of organization and their inter
relations are covered under this assignment.
TASK 1
P1 and P2 are covered in ppt.
TASK 2
P3 Relationship between different organisational functions and its link with organisation
objectives
Every company are established with some goals and objectives, which they accomplish with
the help of employees and different departments involved in organisation. Every department play
equal role in the success of company. There are many departments in an organisation such as,
human resource management, marketing department, research and development department,
accounting and finance, production department, etc (Jeston, 2014). Since TESCO is a
multinational groceries and merchandise retailer and is operating in different parts of the world.
This requires great efficiency and communication between different departments of TESCO
Company to operate in such a large scale.

It has been observed that TESCO has a hierarchical structure reflecting large size of business.
Even at store level they have at least four layers of management. In this main decisions are taken
by top level managements and further operations are carried out by employees and managers.
Several types of functions which are performed by TESCO are Human Resource
Management, Research and Development department, accounting, sales, finance etc.
There should be good communication between department and flow of information
should be on time to impellent business tasks on time (Onetti and et al, 2012). The
employees who are performing the operations there are required to be effective so
that they can help in achieving the goals and objectives of the company. So, the
inter relationship of organizational structure with the function that is being
followed in TESCO are mentioned below:
Marketing department: This department plays many important functions as
they are mainly responsible for marketing the products and services of company.
Marketers have to devise strong and effective marketing plans with the help of
which they can sell their product and services. They can also provide customers
with unique products which seek the attention of many customers towards their
company.
Human resource development: This department is considered as the backbone
of any organisation as they are mainly concerned with hiring of talented and skilled
people and manage all the activities going on in the organisation. They
communicate important information about changes, recent advancements, etc to all
the employees and concerned staff. They also provide necessary resources and help
to other departments in order to carry out their tasks or activities.
Production department: This is also perform several functions like developing
and designing new products, manufacture unique and innovative products or
services, etc. They are mainly responsible for above functions. This department
manufactures appropriate products or service after analyzing customer need and
requirements in order to fulfill them (Trompenaars and Hampden-Turner, 2011). By this
they satisfy their customers as well as satisfying desires of company. It is necessary