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Macro environment affects TESCO operation

   

Added on  2020-06-05

14 Pages3798 Words26 Views
BUSINESSENVIRONMENT

Table of ContentsINTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1P1 Purpose of various types of enterprise...................................................................................1P2 Scope and size of various type of enterprise..........................................................................1TASK 2............................................................................................................................................1P3 Relationship between various organisational functions and their relations...........................1.........................................................................................................................................................3TASK 3............................................................................................................................................5P4 Positive and negative effect of macro environment on TESCO operation ...........................5TASK4.............................................................................................................................................7P5 SWOT analysis of TESCO ...................................................................................................7P6 Explain how strengths and weaknesses interrelate with external macro factors ..................9CONCLUSION .............................................................................................................................10REFERENCES .............................................................................................................................11INTRODUCTION Business environment is a combination of external and internal factors that influencebusinesses operating situation. It means a collection of all entities, individuals and other sources

which may or may not the manage of the enterprise, but can impacts its probability, evensurvival, growth and performance etc. Every business enterprise run in a distinctive surrounding,as it cannot present in isolation. Such a business environment influences firms and also getsimpacted by its activities. A firm gets affected by various kinds of factors that exist in its externaland internal environment. These elements related to an enterprise have indirect as well as directrelationship with its effectiveness and performance (Yoon, 2012). To ensure that economic iscapable to select and integrate all essentials market dynamics, leader needs and wants to usedifferent tools like PESTLE and SWOT. This report will describe company’s effectiveness in thepresent scenario. This file also includes different variances among necessary change inbusinesses environment and ways in which it effect enterprise's operations. For this study BBC,Oxfam and Tesco are taken as example of Public, Voluntary and Private organisation. Differentsource and their relation with organisational function will be there. TASK 1P1 Purpose of various types of enterpriseCovered in PPT.P2 Scope and size of various type of enterpriseCovered in PPT. TASK 2P3 Relationship between various organisational functions and their relationsDifferent factors and functions are decided regarding to their structure and goals of anenterprise. There are different duties which are provide to the workers as to attain enterpriseobjectives and goals in a efficient and effective manner. It is very important for many companiesto understand that relation with various functions within. It will help in increasing that is capableto achieve the sustainability success as well as growth as to keep economic afloat. Tescounderstand the sustainable development important and that is why cited company invest largeamount of money in its functions (Welford, 2013). While doing so firm also has to makeunderstood that it is nor effecting environment and they also keeping productivity at a top levelof effectiveness and efficiency. Management function of TESCO such as, recruiting, managing,controlling, evaluating, organising, monitoring and selecting etc.

At the planning time then mangers focus on various goals and objectives of an economicas to attain them is a specific time period. It is a board challenge for industry to focus onsustainability while concentrating on targets which is needs exploitation. That is why theyrequired to prepare decisions by which they can relation all the functions together and riseperformance of an enterprise. Every functions are very necessary as well as important foreconomy because they help in adding large value to future and complete buyers needs and wantswith qualitative services and products. Tesco is a well formed enterprise structure that is based on matrix and tall structure it iscalled hybrid strategy (Trkman, 2010). Cited company adopted these artefact because it ensurethe flexibility. In this way different functions and department attain essential funds to runs attheir maximum. Different functions in economy are classified on the basis of region and goodslines offered. Evaluate the all company structure which is considered to be analysable but it isvery supportive for cited company as to insure that all duties of workers are properly managed.

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