Business Environment Assignment : Tesco
Added on 2020-09-17
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BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 .......................................................................................................................................1P1. Explain different types and purposes of organisations; public, private and voluntarysectors and legal structures.....................................................................................................1P2. Explain the size and scope of a range of different types of organisations......................6TASK 2............................................................................................................................................8P3. Explain the relationship between different organisational functions and how they link toorganisational objectives and structure..................................................................................8TASK 3 .........................................................................................................................................11P4. Identify the positive and negative impacts the macro environment has upon businessoperations, supported by specific examples.........................................................................11TASK 4 ...................................................................................................................................13P5. Conduct internal and external analysis of specific organisations in order to identifystrengths and weaknesses.....................................................................................................13P6. Explain how strengths and weaknesses interrelate with external macro factors ...........14CONCLUSION..............................................................................................................................15REFERENCES .............................................................................................................................16
INTRODUCTIONBusiness environment is very important concept in business. Every business have to facedifferent factors due to these uncertainty in an environment. There are internal and externalfactors which may considered in environment. In internal factors those elements are consideredwhich occurs inside the firm. Such as organisational structure, employees, workers productivityand others. These factors are under control of enterprise (Baraya, Budden and Escobar, 2011).The another factors is external. These factors are not under control of an organization it takeplace outside firm. These elements are dynamic in nature and have great influence on business.This may include political, social, economical, legal and environmental. The company which is taken into consideration is Tesco. It is one of the leading grocerybrand in UK. The market share of company is very high. They are operating their business inmany other countries also. The main motive of firm is to provide high quality of goods in lowerprices. The firm is into many businesses such as clothing, grocery, electronics, financial servicesand others. In this report different types of organisation and purpose are given. Differentorganisational functions and their interrelation has been discuss in this assignment. The internaland external environment audit has been done in this project. The positive and negative impact ofthese factors are mention. TASK 1 P1. Explain different types and purposes of organisations; public, private andvoluntary sectors and legal structures1
There are different kind of enterprise. Some of them are private owned and some aregovernment owned. The operations are differ from each other. These enterprises are having2
different size, nature, capital structure, number of employees and others. The rules and regulationregarding to these firms are also different. Following are the some of types of organization. Public enterprises: Public enterprises are those which are owned by government. The size ofenterprise is usually large. The number of employees are also large. These organisation isworking with the main motive of doing welfare for the citizen of country with small margin ofprofits and Love,. The sources where they get the capital is taxes, different duties excise bygovernment. The examples for public sector companies is BBC is a multinational British broadcasting company. It is 124 year old organisation. Private enterprises: These enterprise are owned by private individuals, groups,partnership or company. Before establishing these enterprises firm need to follow different rulesand regulation exercise by the government of particular country. There are different types ofprivate companies some are very large and some are medium and small size in nature. There canbe different nature of business such as hair dressers, clothing business, textiles or other manybusiness. The number of employees are depend upon size of business. The main motive of theseenterprises are is to earn profits and increase their market shares. The example of public sector isTESCO is the British multinational grocery company which is situated in UK. It has cover 12countries and establish stores. It is the largest grocery market of the united Kingdom. Legal form of organisation Sole traders: These are the form of business in which individuals are running business.Example of sole traders are hairdresser. They are limited numbers of formalities whichindividual needs to do . The individual and company are treated as same entity. Liabilityare unlimited because every losses incurred by business has to bear by individual. Forexample Gary J Harding, Russell Walker & Co., Peter Brown Accountant and GillianMurray. Partnership: In this formal agreement is signed by the partners. There are moreformalities which is followed while formulating the partnership. The deed formed legalrelation between partners. For example Limited Company: There are many many formalities which is followed whileestablishing the company. Before opening any company the memorandum and article ofassociation is formed. There are many other documents which are needed while openingan organisation. 3
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