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Business and The Business Environment - Tesco Plc

Added on - 23 Nov 2020

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BUSINESS AND THEBUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1: Types and purposes of organisations....................................................................................1P2 Size and scope of chosen organisations.................................................................................3TASK 2............................................................................................................................................5P3 Interrelation between organisational function and their contribution towards organisationalobjectives.....................................................................................................................................5TASK 3............................................................................................................................................8P4: Positive and negative impact of macro environmental factors upon the business................8TASK 4.........................................................................................................................................10P5: SWOT analysis of Tesco plc..............................................................................................10P6: Interrelation of weakness and strengths with macro environmental factors.......................11CONCLUSION..............................................................................................................................12REFERENCE.................................................................................................................................13
INTRODUCTIONA business can be defined as the organisation where a large number of people worktogether in desire to achieve the common objective and goals. In other words, business can bedenoted as a medium of exchanging goods and services in exchange of money. The businessenvironment is defined as the internal and external factors that affects the business operations ofan organisation and the behaviour of the employees. The report is based on Tesco plc, thecompany is one of the largest retail industry of UK. The report will discuss the size, scope andmission with different organisation in public, private and voluntary sectors. Further, theinterrelations of organisational functions and measure to achieve objectives will be discussed.The report will define the positive and negative impact of macro factors in environment withinterrelation of the strengths and weaknesses with these factors.TASK 1P1: Types and purposes of organisationsDifferent types of business organisation are present in the market and they differ fromeach other on the terms of goals and objectives. Some organisations desire to achieve more andmore profits whereas, some work for non profit terms and just believe in providing services tothe customers as much as they can. These organisations involve huge investments on them thatwill affect the economy of UK and it can be used by the government in several taxes(Aithal, P.S., 2016). The different organisations are categorized in public, private and voluntaryorganisations. They are defined as follows:Public organisations-Public organisations render services to the residents of the countrywithout focusing on the objective of earning profits. These organisations are fully organized andcontrolled by the government authorities. The Shares of public sector companies are sold freelyto the public. National Health Service(NHS) is a public sector organisation based in UK whichprovides health services to people all over the world.Purposes of NHS are:To accompany the customers with proper health and medical services.To work in order to improve the economic and social conditions of the customers.To improve the structure of the society by eradicating the health issues.Legal structure:1
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