Business Environment Report - Tesco

Business Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1& P2 Covered in PPT.........................................................................................................1
TASK 2............................................................................................................................................1
P3. Relationship with the various functions and their relation with its goals and structure...1
P4. Positive and negative impact of macro environment.......................................................4
P5. SWOT analysis of Tesco..................................................................................................5
P6. Strengths and Weaknesses related to macro environment...............................................6
CONCLUSION................................................................................................................................8
REFERENCES ...............................................................................................................................9
.......................................................................................................................................................10

INTRODUCTION
Business is a term which involves any commercial, industrial or professional activity.
Businesses are run by the companies and they produce goods & services so that they can deliver
it to their target customers. In return these firms get profit in terms of money, so basically it is
the exchange of products for money. The money earned from the business operation are further
invested into manufacturing and other expenses (Al-Debei and Avison, 2010) . It is also
necessary that the activities which are carried out by the enterprise should be efficient and
productive. For this they require a suitable and appropriate surrounding framed as business
environment. It involves internal and external factors which directly impact them, so they have to
identify these factors. For this purpose organisation can carry out PESTLE analysis to know
about external elements. Internal components can be the employees working for them, their
policies and structure. There can be positive as well as negative impact of these on the
organisation depending upon the variations taking place (Becker, 2017). They have to design
their business strategy by keeping these factors in mind. This report will put light on impacts of
internal and external factors on the business environment. This thing can be better understood by
taking private, public and voluntary organisation.
TASK 1
P1& P2 Covered in PPT
TASK 2
P3. Relationship with the various functions and their relation with its goals and structure.
Every organisation forms their functions by keeping their goals and structure in mind. In
order to achieve all the decided goals and objectives every staff of the company is given different
roles which they have to play in the operations. This will help them in attain those goals in more
efficient way. They have to understand the importance of linking up the functions with the
organisational structure. With this they can expand there market and can gain sustainable growth.
TESCO is investing a large amount of sum on their functions because they know that if functions
will be performed well then they can easily move towards the path of sustainable growth (Boons
and et.al., 2013). They have to make sure that whatever activities they are carrying out does not
harm the environment. For that they will adopt the zero carbon business strategy by 2050 and in
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