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(solution) Business Environment of Tesco

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Added on  2020-12-09

(solution) Business Environment of Tesco

   Added on 2020-12-09

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Business and the BusinessEnvironment
(solution) Business Environment of Tesco_1
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1 ................................................................................................................................................1P1 Different type and purposes of organisations public, private and voluntary sectors andlegal structures ...........................................................................................................................1P2 Size and scope of a range of different types of organisation ................................................2LO 2 ................................................................................................................................................3P3 Relationship between different organisational function and link to organisationalobjectives and structure. .............................................................................................................3LO 3.................................................................................................................................................5P4 The positive and negative impacts the macro environment has on business operation. .......5LO 4 ................................................................................................................................................6P5 Internal and external analysis in order to identify strength and weakness ...........................6P6 Strengths and weaknesses and interrelation with external macro factors..............................7CONCLUSION ...............................................................................................................................8REFERENCES ...............................................................................................................................9
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(solution) Business Environment of Tesco_3
INTRODUCTIONBusiness and business environment is basically a combination of internal and externalfactors that impact the company to the large extent. It include two factor such as internal factoras well as external factor. External factor include political,economic,social, technological, legaland environment factors which affect the business externally and on the other hand internalfactor such as suppliers,clients,employees and buyer impact the organisation. Present study isbased on business and business environment of Tesco which is British multinational supermarketwhich groceries and merchandise retailer and also it is the leading supermarket and famous inworldwide. Further the report cover the types of organisation and difference between profit,notfor profit and public sector organisation and their purposes. It will discuss the size and scope ofthe enterprise and also their market share,profit share and growth. It will also analysis the microand macro factor in order to have the proper understanding of the organisation and lastly it willinclude the interrelation of micro and macro factors. LO 1 P1 Different type and purposes of organisations public, private and voluntary sectors and legalstructures There are mainly three kinds of business organisation sectors that is public sector ,private sector and voluntary sector. It is very important to understand or to have full and properknowledge of the terms and condition so to make or conduct in smooth and effective manner.Different organisation have its characteristics , advantages and disadvantages. Private Sector – Private sector organisation are the organisation which is run and operateby the individual or by group of individual. As there is no intervention or interference by thegovernment. Most of the private sector is run for the motive of profit. Also it has restriction tooffer its share to public and also prohibits to transfer the shares to any one. In this sector there isless legal formality and also there is no need to list itself on the stock exchange. For exampleJohn Lewis Partnership. The main purpose of the private sector is that profit generation and also it satisfy thecustomer by providing high quality of product an services and also it distribute the profit amongthe shareholders (Bromley and Meyer, 2017).1
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