Business Environment and Performance Analysis

This assignment requires a detailed examination of the relationship between the business environment and firm performance. It involves analyzing multiple research studies and papers that explore the effects of different business environments on companies' socio-economic performance, exports, ownership, and other factors. The task is to provide a comprehensive understanding of how the business environment influences various aspects of company performance.

Business and The
Business Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Purpose of organizations in public, private and voluntary sectors........................................1
M1 structure size and scope of different organizations link to the business objectives:............1
P2 Size and scope of range of different types of organizations:.................................................1
D1 Complexities of different types of business structure the interrelationships of the different
organizations functions-..............................................................................................................2
TASK 2............................................................................................................................................2
P3 Relationship between different organizational functions and link to organizational
objectives and structure:..............................................................................................................2
TASK 3............................................................................................................................................4
P4 the positive and negative impacts the macro environment has business operations:............4
M3 Pestle model-........................................................................................................................5
D2 impact on both macro and micro factors have upon in business:..........................................5
TASK 4............................................................................................................................................6
P5 Internal and external analysis of TESCO :............................................................................6
P6 Strengths and weakness intermediate with external macro factors:......................................7
M4 SWOT and TOWS analysis:.................................................................................................8
CONCLUSION ...............................................................................................................................9
REFERENCE ................................................................................................................................10

INTRODUCTION
Business environment , defined is the sum of total internal and external factors that
influence a business. business environments cover the operations suppliers, consumer groups,
media, government, market conditions, investors, technologies, trends and other multiple
business working eternally of business constitute its business environment (Botha and et.al.,
2014). The report will discuss about HLIFAX BANK and their the bank client manager provide
their services of different organizations which is private, public and voluntary and those services
such as loan, mortgage and other business.
The report will also discuss about purpose of different types of organizations and their
size and scope according to company The report is also comprised relationship between
organizations and their link to company objective and structure or identify the negative and
positive impact on business operations or internal and external analysis of specific organizations
to identify strengths and weakness and its interrelates with external macro factors. The main aim
of report to discus about how HLIFAX BANK can provide their service to different firm to start
business.
TASK 1
P1 Purpose of organizations in public, private and voluntary sectors
Many firms can start their enterprise to make profit and increased business growth and
different kinds of organizations have different purpose to start business. The HELIFAX BANK
in London provide their service to different type of organizations like public, private and
voluntary all those firm have different purpose to start business organization and the HELIFAX
BANK provide their service to those firms such as commercial enterprise service which include
commercial banking, investment banking and market personal financial service.
In business, some companies start business to earn profit like public limited companies
and some firms start business for social care like home care, N.G.O. or many companies start
business for public safety and their profit like metropolitan police (Deasy and et.al, 2017). Etc.
in business industry three types of organizations which public private and voluntary have
different aim to operate business that discuss below-
 Private Tesco- The Tesco have main purpose to make profit and start business on small
platform and HELIFAX BANK provides them financial services to make growth in
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business. Tesco have super market business and have many goods and more money to
invest in business. HELIFAX BANK provides services to Tesco to provide loans and
mortgage services to pay instalment per month. Tesco also having mortgage service to
take legal agreements for lends and property. The bank also helps to provide investor
which help to build business and make profit of them. The organizational structure to
employeesis took responsibility to handle customers and the manager of Tesco ensures
working of their employees and takes responsibilitiesfor customers problems and their
complaints.
 Voluntary cancer research- Cancer research have main purpose to provide social care
like the organizations care cancer patient and recover them faster. The firm use many
expensive resources to make therapies for patients and they also use high-level treatment
which has high cost. The HELIFAX BANK helps cancer research firm to have loans for
high-level expensive services and the organizations serve their patients to free service and
proper care. The many procedure in bank which help the patient also like insurance
service and policies which gives facilities to patents family to secure life. The voluntary
organizations main aim to provide the service which is meeting to serious diseases like
cancer (Charter ed., 2017). The bank will provide help to maintain the medical treatment
to all patients like they give loan and mortgage service where doctors are having many
resources which is beneficial to the patients like new technology have different machines
which help to recover patient faster.
 Metropolitan police- The public organizations main purpose is to provide services for
public safety as metropolitan police they serve their service for public people like any
crime are occurred in city and the metropolitan police have duty to provide people
safety. The metropolitan police are municipal police of major metropolitan area. The
police force want any things which have to provide safety like and for those purpose the
firm asked to bank to having loan from the HELIFAX BANK in London.
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M1 structure size and scope of different organizations link to the business objectives:
The structure size and scope of different organizations help to make objective like in
company structure which include the organizational activities and supervision which make aim
to the company. Like the employees are make hard work in organization to make growth and
objective to achieve many things and organizations size is also depend to employees. Many
companies have several clients help to make growth in business. The main objective of business
to earn poof and organizations structure has to provide best service the customers.
P2 Size and scope of range of different types of organizations:
The different types of organizations have different size and scope. Organizations can be
defined as group and structure set up with the purpose of achieving certain goals and objectives.
The different types of firm has unique purpose and to meet various needs of society within which
they operate. The most common things in those types of firm to look at their purpose and goals.
Range of legal structure associated with different forms of business like partnerships, sole traders
and private limited companies (Kolk, 2016). Many types of firms have different size like small
and large enterprise but their main motive is to earn profit in an organization.
 Large enterprise- Large enterprise like Tesco has huge market in UK and it has large
enterprise in UK. Large main purpose of these organizations to make profit and the
Tesco operate private sector which mean they owned individual group entities and not by
the state government. However, it’s not the Tesco is not regulated by the state. Tesco
have many stores in UK and outside and their main purpose is to fulfil customers’
services. The main scope of the organization to make plan to increased customers and
retain long time. Tesco have different scope to retain customers like they present
attractive product for the organizations to satisfied their needs. Scope also define the
product development like Tesco always make changes in their products to present new in
market and gives verity product to the customers.
 Small and voluntary organizations- The small enterprise like cancer research have
small size and their main motive to provide service to those people who have cancer. The
cancer research organisation have main motive provide social service in the society like
free treatment for the cancer patient. The organization research about the cancer and find
their exact treatments or the help organizations recover their patients faster. The scope of
the firm to identify the people who have cancer and give them treatment also awe the
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people about the cancer and their symptoms. The form scope to organize events about the
cancer and provide details about the cancer diseases.
 Medium and public organizations- The medium enterprise like metropolitan police
have is government firm which provide service to the public safety (Cull and et.al.,
2015). The police force are municipal police which are appointed for the major area like
tarriest attack. The municipal police. The metropolitan police have scope to maintained
the safety for the public and give positive environments like the police department handle
all the crime in the public area like they catch thief and other criminal and give them
punishment. Mainly the metropolitan police are appointed to the war area and handle
tarriest in the organizations. The metropolitan police range to cover all city area. They
handle security for city people and feel them safe.
D1 Complexities of different types of business structure the interrelationships of the different
organizations functions-
Different types of business structure have complexities to maintained the companies
responsibilities like can research organizations have complexities to provide proper care for the
patient and the Tesco have complexities to maintained the growth of the company and also
maintained the structure of the company (Leonidou and et.al., 2015). Like employees,
customers, partners and investors. The voluntary organizations have complexities to provide
security to public people like they serve 24 hours duties to provide proper security to city people.
All those organizationals have different functions to provide service to their customers,
employees, public etc. and all are had interrelation to the organisation.
TASK 2
P3 Relationship between different organizational functions and link to organizational objectives
and structure:
Each organizational have same functions but different purpose. All organizations have
various department and different role with the help of company can serve their serve to
organizations like manager, employees marketing department, finance department etc. each
organisation have same function but they do different work. Like cancer research organizations
do work with different work like their employees(nurse) are take care of patients. And Tesco
have objectives to provide the best service for the people like quality products and quality
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services for the customers (Pearson 2017). The metropolitan police firm objectives to provide
safety and security to the city people. In the details discuss about the below-
Organizations functions
Productions- Tesco organisation have production department which have to maintained the
productivity and to make effective product like in Tesco production department to take product
according to customers demands and those are linked to the organizations' requirements and for
the make products they take loan for the HALIFAX BANK which is to invest money on business
in their department. The main purpose of the organizations to make profit. The cancer research
relates to the production like they make various procedure and medical treatment which is effects
on patients' health like they make various medicines which helps to improve the patients' health.
And metropolitan police have no production department because they only serve their service for
safe people.
Resource and development- the resource and development department have work in
organizations to make effective product and resource help to provide those products to the
customers. Resources are home delivery and sale services etc. in the Tesco have resource and
development department where employees can develop product and provide to the customers
those departments interrelates to the marketing department because after the development
organisation are done marketing for those products who are newly developed ( Savrul and et.al.,
2014).
Marketing- the marketing departing are relation to all fictions which are in organization because
the marketing department have information for all area where the organisation can perform their
task and selling their product. The marketing department of Tesco examine the all functions of
organisation and also about the product then do marketing for organisation product. The
marketing department of Tesco do marketing to give advertisement on television and also do
marketing like door to door marketing to aware their customers to organisation products. The
marketing function have interrelationship with each department like human resource, production,
accounting because marketing function include all kinds of department working.
Human resource- The human resource function in department to maintained the service of the all
department and they are relationship to all department like employees, production. Marketing
sales etc. the Tesco human resource have maintained their work according to the organizations
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functions like they have responsible to manage all functions in organisation and make good
relationship. As per the objective and the structure of the organizations they are encouraged their
employees to hard work and make profit. Human response department have ability to maintained
d the working in organizations and also make profit in organization all the function are set
objective to achieve specific task. The Tesco have human resource develop good relation to each
staff in company.
Accounting and finance- The account and finance have function role in organisation to make
profit. The accounting and finance department have relation to all organizations function
because the accounting department have to ensure al the benefits and loss in the company and
they all are take the details about the each and every department in company. The accounting and
finance department have relation to humane resource which gives proper details about the all
organization functions like the department like marketing , sales , production, employees ,
customers. Operational department etc.
TASK 3
P4 the positive and negative impacts the macro environment has business operations:
In the business their re many conditions and activities which impacts on the overall
effectiveness of organisation. The environmental factors have impact son business in positive
and negative. Like their impacts going to organisation internal and external environments. The
macro environments have effects on organizations business operations like marketing, sales and
the promotion department. In organisation business operations are outline to the activities which
are include operations process to achieve goals and objective of the company and lead the
effective performance and productivity of the firm. All those can be understand by the negative
and positive effects on the business operation to the profit in organizations.
 Positive impacts- the Tesco have to take strategics decision to making planing in the
organisation like macro environmental factors help to make major decision in fir which
make profit and also have growth of the company, those macro environmental factor
result are effective and build organisation growth and help to make goal in organisation
Te macro environment factors one more positive affects to take advantages to existing
services and also make profit (Khan and Quaddus, 2015).
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 Negative impacts- Tesco have many negative effects of the macro environments, those
factors has effects on company operations. Like some time organization make those
products which cost have too much so customers are nit afford to purchase have
organization have loss in that area. The macro environmental factor have effect on
organizations' reputation which harm by the negative effects of the macro environmental
factors. The most of the negative effect on the organization to control the cost of the
product like, some time Tesco make those products which have limited resource and
limited equipment to development and market have hug demand in that product, this
situation organisation require going beyond its set objective and policies which take
advantage of opportunities of the company (Georgescu and Popescul, 2015). In the
organisation many business operation have opposite result to the company. And
organisation shave main role to earn profit in the make increased the productivity.
M3 Pestle model-
Macro environments defined the various factors which influence organisation factor
which is defined the rang of organizations like-
 Political factors- in Tesco the political factors are which define the organisation political
conditions. Like that effects political relation to anther countries and their supports.
 Technological factors- In this factor define the latest technology product which impact
organisation.
 Legal factors- In this factor's organisation have to complete all legal formalities of the
company and their effects the organisation.
 Environmental factors- This factor impact on organisation work conditions like they
mainly effect on company working style like employees' working and skills which make
growth of the company (Cohen and Kietzmann, 2014).
 Social factors- The social factors help to make the organization social condition which
effects on society. And the society culture.
D2 impact on both macro and micro factors have upon in business:
The macro and micro business have impacts to decision making that factor help to make
decision in organizations and that factors also help to improve strengths and weaknesses of
organizations. The all those micro and macro factors help to understand the impact on business
and also help to make the quality of business in any department (Jeston, 2014). Micro factor
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define the Tesco strengths and weaknesses and how to improve them and the macro factor
improve organizationals political, environmental, legal, social factor which help to maintained all
the organisation business environments.
TASK 4
P5 Internal and external analysis of TESCO :
Strength: Numerous awards have been won by this organisation for its retail excellence,
customer service and overall shopping experience. This organisation stands within top 100
brands and has a leading market.
Weakness: This company is lagging behind in web technologies. There is lack of experience in
market of smartphones and tablets. Price reduction strategies should be adopted by this company
so that more and more customers can aware of its products(Aterido, Hallward-Driemeier and
Pagés, 2011).
Opportunities :The weakness of this company should be used as a strong tool to lead in market.
Its good that this company is leading in entertainment market. Apart from this, market expansion
of its own branded smart phones and tables in foreign countries like Malaysia, South Korea,
Thailand and other related countries may lead this company to a better place. This company is
very good in grocery products so the benefits of this can be given to the people of poor
countries(Babatunde and Adebisi, 2012).
Threats: Global giants retailer are exploring their products by offering low prices with a wide
variety of products. Rising prices of raw materials are one the most threatening factors. Small
shops are opened by local people is a great threat for this company. Better strategies and
schemes are offered by the other companies also increasing the threats for TESCO.
PESTLE analysis
Political: Business of TESCO is influenced by the rules, regulations and legislation different
countries because it has globally expanded market. The polices of a particular government is
needed to accept by organisation to run their products in that very country. Company has to pay
taxes according to environmental factors.
Economic factors : Anything that can effect the economy of a company comes under economic
factors. Tariffs, taxation rates, inflation in market, unemployment rates, these all can influence
the economy of a company. There are variety of products that are imposed by different taxes
rates. Wage legalisation, pricing regulations, mandatory employee benefits, product labelling ,
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technological involvement in trade of company are few factors which are affecting the economy
of a company.
Social factors: there are many factors influencing the company like demographic and skill level
of the population, living standards of people, gender roles in society, attitudes of people
regarding their health and environment. A company can make good progress if their employees
are educated with attitude of self consciousness.
Technological factors: The recent advancement of technology is very helpful in expanding the
markets at a big level. The most important technology that is needed by any company is web
technology. With the help of this technology a company can be explored globally without any
barriers(Chavis, Klapper and Love,2011). Informations and details of the company can be
reached to the people easily.
Legal factors : Legal laws are concerned with welfare of people and environment. Legal factors
like equality to gender in company, the protection laws of employees, environmental laws and
many more. No any chemical can be exposed out by any working company so that they may not
harm the biological lives.
Environmental factors: A company should be established according to the environment . A
company leading with the solar energy project should go for that very place where there is
mostly sun shine day. So it is very necessary to take it in account that the weather , climate
should be in favour of company. Recycling process of the substances can be done easily so
supportive environment is necessary(Commander and Svejnar, 2011). The attitudes of people
must be in favour and support of renewable energy.
P6 Strengths and weakness intermediate with external macro factors:
This company is known foe its money value, a wide range of products. This is a leading
organisation with 6,784 stores across the world. Small stores have been opened by it even in
small areas so that good quality products can be reached to local people. Price reduction
strategies should be adopted by this company so that more and more customers can aware of its
products. Strengths and weakness like the brand value, money deduction both are affective key
for external factors. Social is one of the external; factor that includes every types of
people ,educated, uneducated, wealthy and poor people. The educated and wealthy people will
buy more products of the company than the poor people
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M4 SWOT and TOWS analysis:
SWOT analysis-
Strengths weaknesses opportunities Threats
The Tesco main
strengths is the
HALIFAX BANK
provide them financial
help to make
investment in the
organizations. The
Tesco strengths is
defined the large
retails in the country
and bank also gives
offer to make
investment in the bank
.
The main weaknesses
of Tesco they provide
their good and services
to the retail price and
also defined each
process in the
organizations.
The opportunities of
Tesco the bank always
ready to help in
investment in the
company like they
serve their services to
the organizations
(Sodeyfi, 2016).
The main threats of
Tesco is their
competitor they
always give challenge
to organization to
provide goods better
than competitor.
TOWS analysis-
Internal factors External factors
weaknesses Threats
Strengths The Tesco have
strengths to make
large business in
UK and they have
many potential
customers which
is serve their
service to
organizations like
The Tesco have
main threats form
the competitors
they always give
challenges to use
the organization
reputations.
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they have
opportunities to
maintained the
cost and benefits
(Tukker and
Tischner, eds.,
2017).
opportunities The Tesco have
win many awards
in their retails
industry like they
having many
business
opportunities in
UK industry.
The Tesco
leading retails
business and
supply their good
to the customers
but some time
customers are not
satisfied the
organization's
product and they
make complaints.
CONCLUSION
In this above report, this is concluded the business environments consist many business
operations which includes many functions like marketing, sales, financial, human resource etc.
all that have work to manage organizations business environments which impacts on firm growt
h(Besley, 2015). In this report concluded the different types of organizations have different
purpose and the organizations size and scope which impacts on firm structure. it report also
concluded the relationship between different organisation and their link to the company
objectives and structure. Positive and negative impacts on macro environment has upon business
operations and the internal and external analysis of specific organization in order to identity
strengths and weaknesses.
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REFERENCE
Books and Journals
Aterido, R., and et.al., 2011. Big constraints to small firms’ growth? Business environment and
employment growth across firms. Economic Development and Cultural Change. 59(3). pp.609-
647.
Babatunde, B. O. and Adebisi, A. O., 2012. Strategic Environmental Scanning and Organization
Performance in a Competitive Business Environment. Economic Insights-Trends &
Challenges. 64(1).
Besley, T., 2015. Law, regulation, and the business climate: The nature and influence of the
World Bank Doing Business project. Journal of Economic Perspectives. 29(3). pp.99-
120.
Botha, A., and et.al., 2014. Coping with continuous change in the business environment:
Knowledge management and knowledge management technology. Elsevier.
Charter, M. ed., 2017. Greener marketing: A responsible approach to business. Routledge.
Chavis, L. W., Klapper, L. F. and Love, I., 2011. The impact of the business environment on
young firm financing. The world bank economic review. 25(3). pp.486-507.
Cohen, B. and Kietzmann, J., 2014. Ride on! Mobility business models for the sharing
economy. Organization & Environment. 27(3). pp.279-296.
Commander, S. and Svejnar, J., 2011. Business environment, exports, ownership, and firm
performance. The Review of Economics and Statistics. 93(1). pp.309-337.
Cull, R.,and et.al., 2015. A new index of the business environment for microfinance. World
Development.70. pp.357-388.
Deasy, S., and et.al, 2017. User interface for controlling use of a business environment on a
mobile device. U.S. Patent 9,544,274.
Georgescu, M. and Popescul, D., 2015. Social Media–the new paradigm of collaboration and
communication for business environment. Procedia Economics and Finance. 20.
pp.277-282.
Jeston, J., 2014. Business process management. Routledge.
Khan, E.A. and Quaddus, M., 2015. Examining the influence of business environment on socio-
economic performance of informal microenterprises: content analysis and partial least
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square approach. International Journal of Sociology and Social Policy. 35(3/4).
pp.273-288.
Kolk, A., 2016. The social responsibility of international business: From ethics and the
environment to CSR and sustainable development. Journal of World Business. 51(1).
pp.23-34.
Leonidou, L.C., and et.al., 2015. Environmentally friendly export business strategy: Its
determinants and effects on competitive advantage and performance. International
Business Review. 24(5). pp.798-811.
Pearson, R., 2017. Business ethics as communication ethics: Public relations practice and the
idea of dialogue. In Public relations theory (pp. 111-131). Routledge.
Savrul, M., Incekara, A. and Sener, S., 2014. The potential of e-commerce for SMEs in a
globalizing business environment. Procedia-Social and Behavioral Sciences. 150.
pp.35-45.
Sodeyfi, S., 2016. Review of literature on the nexus of financial leverage, product quality, &
business conditions. International Journal of Economic Perspectives. 10(2). pp.146-
150.
Tukker, A. and Tischner, U. eds., 2017. New business for old Europe: product-service
development, competitiveness and sustainability. Routledge.
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