Business Environment of Tesco Plc : Assignment

BUSINESS
ENVIRONMENT

INTRODUCTION
A enterprise, company or an organisation who carry out activities in order to provide
products and services within its target market is known as business. They function for meeting
up their desired goals and objectives. The organisation can deliver there products and services on
the basis of monetary or non monetary consideration. Businesses which provides their products
and services for non monetary benefits are termed as not for profits organisation. Firms can be
owned privately or it may be owned by public or government and government authorities.
Management of an organisation depend upon its ownership if its privately owned the owner is
only individual who manages its activities. Apart from this government official are the one who
manages government owned organisation.
There are some interior and exterior factors which affects either in the favour or not in the
functioning for business activities, employees, structure, customers, demand and supply. The
sum of all factors which directly or indirectly impacts organisation operations is defined as
business environment. It includes all macro and micro factors. It is essential for enterprise to
identify negative impacts of all factors and they must be eliminated by taking necessary actions
in order to survive in competition. The following assignment should allow to know the various
aspects of business and the affects of minor and major factors on them.
TASK 1
P1 covered in ppt
1