Business and Business Environment

BUSINESS AND BUSINESS
ENVIRONMENT
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Table of Contents
INTRODUCTION...........................................................................................................................3
LO1: EXPLAIN DIFFERENT TYPES AND PURPOSES OF ORGANISATIONS; PUBLIC,
PRIVATE AND VOLUNTARY SECTORS AND LEGAL STRUCTURES................................3
LO1: EXPLAIN THE SIZE AND SCOPE OF A RANGE OF DIFFERENT TYPES OF
ORGANIZATIONS.........................................................................................................................3
INTRODUCTION TO TESCO...................................................................................................4
PRODUCT ANS SERVICES OF TESCO..................................................................................4
VISION AND MISSION OF TESCO.........................................................................................5
OBJECTIVES OF TESCO..........................................................................................................5
LO2 EXPLAIN THE RELATIONSHIP BETWEEN DIFFERENT ORGANIZATIONAL
FUNCTIONS AND HOW THEY LINK TO ORGANIZATIONAL OBJECTIVES AND
STRUCTURE..................................................................................................................................6
ORGANIZATION STRUCTURE OF TESCO...........................................................................6
LO3: DEMONSTRATE BOTH THE POSITIVE AND NEGATIVE INFLUENCE/IMPACT
THE MACRO ENVIRONMENT HAS ON BUSINESS OPERATIONS......................................7
PESTLE ANALYSIS OF TESCO...............................................................................................7
LO 4: DETERMINE THE INTERNAL STRENGTHS AND WEAKNESSES OF SPECIFIC
BUSINESSES AND EXPLAIN THEIR INTERRELATIONSHIP WITH EXTERNAL MACRO
FACTORS.....................................................................................................................................10
SWOT ANLYSIS OF TESCO..................................................................................................10
CONCLUSION..............................................................................................................................11
REFRENCES.................................................................................................................................13
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INTRODUCTION
Organization is termed to be a place where people work together to achieve a common
goal. The mangers perform different work related activities like planning, executing,
coordinating and supervising. Even organization needs to work in different types of cultures such
as political, economical, communal, legislative, and innovative to perform different activities.
LO1: EXPLAIN DIFFERENT TYPES AND PURPOSES OF
ORGANISATIONS; PUBLIC, PRIVATE AND VOLUNTARY SECTORS
AND LEGAL STRUCTURES.
There are different types of trading units which operate in the markets which are private,
public, cooperatives, charity and NGOs. Private enterprises are those which are owned and
operated by private people in which follows the legal system of the country in which it is
operating. It is classified into sole traders, partnership and cooperative trading units.
Sole traders are those who are responsible for the conductions of all the operations related
to the company taking all the liabilities and legislations into consideration by the sole owner. In
UK to start business one needs to register with HM revenue and customs before starting business
where all the conductions like payment of tax is also done by the owner. Partnership is the
contract which is framed between two or more companies or individuals. In this case the partners
are responsible for liabilities which are based on the share in the partnership.
Public organizations are those enterprises which are governed by the governmental
bodies and their main purpose is to serve the community rather than making profits. They are
democratic in nature where decision is taken by an authorized body and execution is carried out
by other team of workers. Charity organizations are organizations that are work independently
without the governmental interference and operate for cause of the common people. Cancer
research organization is one of the charitable organizations that operate in UK.
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LO1: EXPLAIN THE SIZE AND SCOPE OF A RANGE OF DIFFERENT
TYPES OF ORGANIZATIONS
Organization should have a common purpose of working which motivates them to work
hard. They have a clear set of vision, mission and objectives of the organization that they have to
achieve in the specific period of time. Tesco is one of the largest retail companies of UK. It has
expanded into different countries like china, India, hungry, Malaysia etc.
In organization the people are working together to achieve the common goal that is set by
the organization. Tesco is known to be one of the leading retail companies that are functional in
UK which is alos operating in different countries like China, India, Hungry .
The organization is committed to provide quality services to the customers for which the
manager is providing his best services to the customers who are direct customers in the store or
do digital shopping. They collect feedback from the customers and provide to the high
management who after considering the feedbacks formulate appropriate strategies which would
help the company to progress.
INTRODUCTION TO TESCO
Tesco was incorporated in the year 1919 as a public limited company which has its
headquarters in Welwyn Garden City at Hertfordshire, United Kingdom with about 100 branches
all around the world. The company has adopted the legal structure of the country where it is
operating and maintains transparency in its operations (Coe and Lee, 2013). The company is
suitably meeting the demands of the customers and is efficiently fulfilling its responsibilities
towards the social community. The company has opened a zero carbon supermarket which is
well efficient in providing services to the customers without emitting any pollutants in the
environment.
PRODUCT ANS SERVICES OF TESCO
Tesco is well known super market which deals in a number of products like general
groceries, electronic items, clothing for all male, female or children belong to all age groups,
toys etc. they also produce products under their own brand and provide home delivery facilities.
It also deals in the insurance sector covering automobiles, health, dental and travel insurances.
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