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Business and the Business Environment

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Added on  2023-01-17

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This report discusses the different types of organisations along with their purposes and legal structures. It also includes a PESTLE analysis of TESCO and the relationship between different organisational functions.

Business and the Business Environment

   Added on 2023-01-17

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Business and the Business
Environment
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Business and the Business Environment_1
Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Types and purposes of organisations; public, private and voluntary sectors and legal
structures.................................................................................................................................3
P2 The size and scope of a range of different types of organisations....................................4
TASK 2............................................................................................................................................5
P3 Relationship between different organisational functions..................................................5
PROJECT part 2..............................................................................................................................6
TASK 3............................................................................................................................................6
P4 PESTLE analysis of TESCO.............................................................................................6
P5 SWOT analysis of Tesco...................................................................................................9
P6 Interrelation between strength and weaknesses with the external environment.............10
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
REFERENCES..............................................................................................................................12
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INTRODUCTION
Business and business environment is a combination of different factors that are present
in the external surroundings of the businesses. It is important that same are managed in a way
that the effect of such factors are minimum on the corporate operations (Bryman and Bell, 2015).
The following report will discuss the different types of organisations along with the details of
same as how they differentiate from one another. PESTLE and SWOT analysis will also be done
to analyse how one of these enterprise gets affected due to the various internal and external
factors of business.
TASK 1
P1 Types and purposes of organisations; public, private and voluntary sectors and legal
structures
Various type of organisations are there that operate in business environment with their own
purpose and legal structure. Private, public and voluntary are the three main type of enterprise
which carry out various business operations in order to achieve their set goals and objectives.
Different type of enterprises with their legal structure, objectives and purpose can be understood
by the following points:
Private firms: These are the organisations that are operate and control by the individuals
with the purpose of generate profit. These type of firms cannot sale their shares in market
and they require to comply with all rules and regulations formed by government. TESCO,
a multinational groceries and merchandise retailer is an example of private organisation.
Limited company, partnership and sole proprietorship are mainly the three categories
under which private organisations can operate.
Public company: Business firms that are operate and control by government and those
that are formed under the company law of nation is known as public company. This type
of firms have a separate legal entity from its business owners. These organisation do
various efforts to ensure development of society. NHS, that offer variety of health
services to million of people is come under the category of public company. Legal
structure of these organisations are form with three bodies known as central government,
state government and local government.
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