Business Environment Assignment Solution : Tesco Plc
Added on -2021-02-21
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BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1.Different types and purposes of organisations:......................................................................1P2.Size and scope of different types of organisation:.................................................................2TASK 2............................................................................................................................................3P3.Relationship between different organisational functions:......................................................3TASK 3............................................................................................................................................5P4.Impact of macro factors on the business operations:.............................................................5TASK 4............................................................................................................................................7P5.Internal and external analysis of an organisation: .................................................................7P6 Explain how strength and weaknesses interrelate with external macro factors ....................7CONCLUSION................................................................................................................................9
INTRODUCTIONIn business environment, there are various types of organisation exist which perform theirbusiness functions according to their formation criteria (Otoo and Drechsel, 2018). In otherwords, company may be established in various categories like public company, private companyor not for profit organisation etc. In this report, three companies namely, Tesco Plc, BestwayGroup and Fair Ways are selected to define their respective scope. This report is divided intofour tasks, first task defines the size and scope of different types of organisations. Second taskdescribes the interrelationship of various functions within a company and its relationship with itsorganisational structure. Third task explains the macro factors effect on the business processeswhereas forth task defines the company's internal factors and their interrelationship with externalmacro factors to determine the company’s strengths and weaknesses.TASK 1P1.Different types and purposes of organisationsIn the business context, there are various enterprises that may be incorporated fordifferent purposes. In these different types of organisation some are for not profit purposes also,which main aims to serve the general public. Some of these organisations are as follows:Public Company:Tesco Plc is selected, it is a British based multinational public company which engagedin providing groceries and general merchandise in the various countries. It is third largest retailerin the world measured by gross revenue. Purposes and its scope are as follows:Purpose: The purpose of Tesco Plc is to support the customers and to be a champion forcustomers, providing them better quality products and enhancing the standard of living ofthe customers. The main purpose and goal is to ensure that company will provides a littlebetter services on each visit as compared to its previous visit. The other purpose of TescoPlc is to diversifies its shop which include Tesco Extra, Tesco Metro and the normalTesco.Private Company:Bestway Group is London based company which is operated in United Kingdom andPakistan. It is serving about 125000 independent retailers and caterers form 64 warehouses1
nationwide. Bestway Group is also run UK's third largest pharmacy chain (Otoo and Drechsel,2018).Purpose: The main purpose of this company is to meeting customers needs,honest and frequent communication within the organisation, focusing onachieving business objectives. Company has a goal motivate and encourage thepeople in the organisation to give their best and helps in creating leadershipquality.Not for profit organisation:For this category, Fair Ways plc is selected, it delivers a comprehensive range of servicesto children and young people including social care, support, training and education services. Itprovides unique self service tools, workshop programmes and engagement experts that assist theother organisation in building their potential strengths.Purpose: Its purpose includes never give up in any situations, give value or respect toevery individuals working within the organisation as well as give value to eachindividual customer. The main purpose of these organisation to serve well to generalpublic by providing good quality products and services and not to work for profitrather than work for satisfying the need of customers.P2.Size and scope of different types of organisation:The size and scope of different types of organisation is different according to their legalstructures and working of operations. The size, scope and legal structure of different companiesare as follows:Tesco Plc:Size and scope: In size, Tesco Plc is the third largest British company in retailersector in international market as well as in domestic market after Wal-Mart ofUS and Carrefour of France. There is wide scope with Tesco because in last twoor three decades, company's growth has involved a transformation in its strategy.Scope of this company's operation are very high to extent of its market in whichit sales products and services and also it has a wide market share in Asia andEurope.Legal structure: Tesco is a large company, therefore its legal structure is alsolarge to ensure that its business processes is properly operated. One of legal2
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