logo

Business And the Business Environment - Tesco Assignment

   

Added on  2021-01-01

12 Pages3979 Words345 Views
Business and the Businessenvironment

Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Different types and purposes of organisation........................................................................1P2 Size and scope of a range of different types of organisation.................................................2LO 2.................................................................................................................................................2P3 Relationship between different organisational functions and how they link toorganisational objectives and structure.......................................................................................2LO 3.................................................................................................................................................4P4 Positive and negative impact of macro environment has impact on business operations.....4LO 4.................................................................................................................................................5P5 Internal and external analysis of specific organisations........................................................5P6 How strengths and weaknesses interrelate with external macro factors................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONBusiness environment consist important role in enterprise to determined positive andnegative impact on goods and services. There are several organisations do these things inefficient manner so that desired results can be accomplish (Mueller and Shepherd, 2016). Presentstudy based on Tesco which is multinational retailer and promote different types of goods andservices in different areas.For gaining insight information of the present study, it covers different types oforganisation with their size and scope. Furthermore, it considers relationship between differentorganisational functions and how they link to organisational objectives and structure. Moreover,it consists internal and external environment analysis for the organisation. LO 1P1 Different types and purposes of organisationIn UK, there are different types of businesses exists that perform functions and operationsthat carry desired level of results to attain creativeness and innovations in systematic manner. Inaddition to this, following are different enterprises exists those perform effective functions andoperations with desired level of outcomes:Public sector: Public sector enterprise consist operations and functions which owned bygovernment and exists to provide services to their citizens. In order to processoutsourcing people engage and deliver goods and services in desired manner. Tescocompany deals in public limited company that merchandise retail products and services.Public sector business has limited liability so that organisation has been set up by theirowners and run to understand commonly (Hansen, Langevang and Urassa, 2018). As aresult, company can share profits to accomplish responsibility with financial liabilities. Private sector: Private sector business consist important role which comprised and ownedfor economy benefits. In this consideration, individual and companies run theiroperations with intention to make more profitability. For instance, Iceland Foods Ltd. is aBritish supermarket chain which emphasis as private sector and sale different types offood. In this type of business are sole trader who run business with sole trader to maintainand keep profitability to make success in it. 1

Voluntary sector: Voluntary sector business considered social activity that undertaken bythe enterprise such as non-profit and non-governmental. This sector is also known asthird sector which is contrast to public and private (Dutt, Hawn and Mitchell, 2016). Forinstance, Wellcome Trust is one of the largest charity sector business. Voluntary sectorbusinesses are working with business partnership so that arrangements ascertained amongtwo or more individuals. P2 Size and scope of a range of different types of organisationWith respect to deal in different kinds of organisations, it can be stated that size andscope different from each other. As a result, it ascertained to focus on effectiveness that assists todeal in operations and functions. Public sector organisation: Tesco deals in public sector enterprise so that it consideredeffectiveness that ascertained with several scopes. In this regard, organisation's activitiesis fundamental consideration that relates with extent which helps to sell products andservices. It is multinational brand so that there is wide size of operations and functionssuccessfully develop in the market to deal with innovation and creativeness. Private sector organisation: Iceland supermarket considered their operations and privatesector enterprise so that they are responds to deal with different franchise. It also assiststo operate stores in different sectors. Therefore, the company is operating to supplyproducts and services that is great emphasis on limited scope. Voluntary sector organisation: The Wellcome Trust consider operations and functions indesired manner to deal in several operations and functions to take proper care of people.In this regard, extra ordinary improvements in health ascertained that supporting bypublic understanding. As a result, there is major investment needed to take researchinitiatives. LO 2P3 Relationship between different organisational functions and how they link to organisationalobjectives and structureDifferent organisation functions consist operations and functions on different things suchas production, sales, marketing, etc. All these considerations helps to focus on gather relevantinformation that are related with structure that defined relationship and interaction between2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business and the Business Environment: Types of Organizations and Their Legal Structures
|24
|6577
|365

(PDF) Business Environment - Assignment
|15
|4947
|66

Business Environment TESCO - Report
|15
|4947
|211

Business and the Business Environment
|24
|6433
|44

Business and the Business Environment
|23
|5196
|52

Business and Business Environment
|13
|4186
|28