logo

Business & Business Environment INTRODUCTION

   

Added on  2021-02-20

10 Pages2693 Words437 Views
 | 
 | 
 | 
Business & BusinessEnvironment
Business & Business Environment INTRODUCTION_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1.Various kind and main purpose of organisation................................................................1P2. Size and scope of different types of organisation............................................................2P3: Explain the relationship between different organisation function...................................4TASK 3............................................................................................................................................5P4 & P5 are covered in PPT...................................................................................................5TASK 4............................................................................................................................................5P6 Strength and weakness in interrelation to external macro factors.............................5CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
Business & Business Environment INTRODUCTION_2

INTRODUCTION In business term, the total or collection of entire external and internal components likecustomer, trends and preferences, supply and demand, supplier, owner, innovation in technology,social and market trends, economic changes etc. is defined and business environment (Chi,2015). In order to better understand the importance of business environment Tesco has beenselected which is one of the leading supermarket chain of UK. In this report, different types of size, scope of organisation and interrelation of differentfunction within company are explained. In addition, appropriate example to show positive andnegative impact of macro environment are discussed.TASK 1P1.Various kind and main purpose of organisation.In business context, there are number of organisation that have been established fordifferent important purpose the most important is to satisfy the need of customer and attainmaximum profit. Some of these are defined below: Private organisation: Tesco, is one of the leading supermarket chain with almost 3400 stores and operating itsbusiness in almost 11 different country (About Tesco, 2019). It is consider to be the third largestretailer as measured in gross revenue and ninth largest retailer in world that is measured byrevenue. The company have different services and areas like books, electronic, cloths, furniture,petrol, toys, financial services, telecoms and internet services. Tesco have more than 300,000colleagues working together with the common motive to provide the best services to existing andnew customer that support to increase profit, gain competitive advantage etc. The main purposeand legal structure followed by private company is defined below: Purpose: The main Purpose of Tesco is to deliver best improved quality goods andservices to existing customer base so that new customer might get attracted. The offer differentproduct at reasonable prices and regular discount for increasing sales figure. Company alsopurpose to maintain good relationship with supplier, clients and business environment. Legal Structure: In business context, private company involves partnership, soleproprietor, limited company and cooperation as a legal structure. In context of Tesco, the legal1
Business & Business Environment INTRODUCTION_3

End of preview

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

Related Documents
Tesco's Business and the Business Environment
|12
|3596
|25

Business and the Business Environment
|19
|4196
|53

Business & Business Environment Assignment : Sainsbury
|15
|5059
|21

Business and Business Environment Assignment - TESCO, Crown prosecution services and Oxfam
|15
|4011
|117

Business Environment Assignment Solution - TESCO
|15
|4019
|445

Business and the Business Environment
|17
|5002
|23