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Assignment on Business Environment - British Airways & TESCO

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Added on  2020-01-28

Assignment on Business Environment - British Airways & TESCO

   Added on 2020-01-28

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The Business Environment
Assignment on Business Environment - British Airways & TESCO_1
Table of ContentsINTRODUCTION...........................................................................................................................1ASSIGNMENT 1.............................................................................................................................1Task 1..........................................................................................................................................1Task 2..........................................................................................................................................1Task 3..........................................................................................................................................3Task 4..........................................................................................................................................4ASSIGNMENT 2.............................................................................................................................4Task 1..........................................................................................................................................4Task 2..........................................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
Assignment on Business Environment - British Airways & TESCO_2
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INTRODUCTIONBusiness environment involves the combination of internal and external factors thatinfluences firm's operating situation. However, business environment undertakes different factorssuch as customers, suppliers, competitors, owners etc (Beatty and Samuelson, 2012). The presentstudy focuses upon such aspect in order to identify the impact and influence of businessenvironment upon the different activities of firm. ASSIGNMENT 1Task 1The two different businesses undertaken are British Airways (BA) and Tesco Plc thatoperates in different segments in order to carry out the business goals and objectives.Business activity- British Airways is the second largest airline of UK in terms ofpassengers and thus operates the business activities globally. While, Tesco Is a BritishMultinational grocery and general merchandise retailer in UK and provide wide range ofproducts or services to consumers all around the globe (Brumfitt, 2001).Business sector- British Airways carries out its business in airline industry while Tescooperates a multinational retail store in order to render different products or services toconsumers and attain satisfaction.Business purpose- The main purpose of BA is to become world's leading globalpremium airline business and facilitates in rendering outstanding service to clients andsatisfy them (Capon, 2009). On the other hand, Tesco's purpose is to help customers toenjoy a better quality of life and provide them easier way of living. Business Ownership- Both the businesses are public limited company which means thatthey are owned by shareholders who possess limited liability. Here, the owners are notbeing solely liable for the debts as it is a public company.Key stakeholders of business- Both the businesses possess different stakeholders suchas customers, employees, shareholders and competitors (Richards and Nwankwo, 2005). Task 21.Following are the different stakeholders who influences the purpose of British Airwaysand Tesco-1
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