Business Environment of Tesco Plc

Added on - 11 Jan 2021

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BUSINESS & BUSINESSENVIRONMENT1
Table of ContentsINTRODUCTION..........................................................................................................................2TASK 1............................................................................................................................................3P1 Different types and purpose of organisation...............................................................................3TASK 2............................................................................................................................................7P3 Organisational functions and their link with structure and with business objectives.......7TASK 3..........................................................................................................................................10P4 Positive and negative impact of macro environmental factors on business operations. .10P5 Internal and external analysis of Tesco....................................................................................12P6 Interrelation of strengths and weakness with external macro factors.............................14CONCLUSION.............................................................................................................................16REFERENCES..............................................................................................................................172
INTRODUCTIONBusiness environment means surrounding which considers macro factors (like PESTLEanalysis) and micro factors (like SWOT analysis) that influences the organisation and itsbusiness operational cycle(Saleem, 2015). This report provides brief details about the varioustypes of organisation like public, private and voluntary and how the firm works to achieve itsbusiness goals, purpose and objectives.TESCO PLC is a private multinational retailer whichdeals in wide range of products and services which arecloths, electronics, furniture, telecom &internet services, household goods & petrol station etc.National Health services (NHS) is apublic organisation which provides health care services like dentistry, primary care. Oxfam is avoluntary association working toward poverty alleviation at global level. The report also outlineinterrelationship between functions and structure of business organisation. It considers PESTLE& SWOT analysis for determining the influences of macro and micro factors affecting thecompany.TASK 1P1 Different types and purpose of organisation.The three main types of organisation are as follows:PUBLIC ORGANISATIONA public organisation consists of agencies, enterprises, entities controlled and funded bypublic sector, government either central or state organising public programs, goods and servicesto customer at large (Miskiewicz, 2017).TheNational Health Service(NHS) is one of the public organisations which is anational healthcare system funded by public sector,government and is overseen & headed by theDepartment of Health and Social Care which provides health care services (most services free) toall legal English residents. NHS provides free health care services like emergency treatment,infectious disease treatment.The regulatory body is Care Quality Commission. Stakeholders of NHS includecommissioners, customers, contributors, channels, commentators, champions, competitors. Thepurpose of NHS is to maintain clinical excellence and high-quality care of patient. Scope of firmis to promote health and well-being and specialist care. Legal framework of NHS is based onSecretary of State for Health and Social Care,General Medical Council, Nursing and Midwifery3
Council, General Dental Council and the Health and Care Professions Council &Department ofHealth and Social care.The Care Quality Commission is a regulator for quality at NHS.PRIVATE ORGANISATION-An organisation run by any individual, entity, agency or corporation which is not controlby any public or government body, created with the objective of making profit.TESCO PLCis a British multinational grocery and general merchandise retailerestablished for earning profit. The majority of shares are acquired by public & TESCO shares itsprofit with its shareholders on large basis which make TESCO a Public Limited Company.Tescoexcellence its services in retailing of books, clothing, electronics etc.It has expanded range ofproducts to household goods & petrol station.Purpose of TESCO is to identify customer needs and be first to cater their needs.However, scope of Tesco is to acquire largemarket share by coming up with innovating servicesand products. Legal structure of firm is basedon principlesof Corporate Governance,Environment friendly practices and Employment Legislations.VOLUNTARY ORGANISATION-A voluntary organisation is a group or association of individuals who comes together andenter into an agreement voluntary to accomplish a specified purpose. Common example are tradeunion, professional association etc.OXFAMis a Charitable Institution emphasizing on motive of poverty alleviation atglobal level. It is a major non - profit group with an extensive collection of operations. The aimis to work together for greater impact on the international stage to reduce poverty andinjustice.Scope of Oxfam is to outline innovative, practical ways to improve living standard ofpeople. OXFAM stated goal is to make productive decisions like quality, living standard, rightsand justice for the people living under poverty line. Purpose of Oxfam is to help the poor peopleby empowering them to create a safe and secure future (Miskiewicz, 2017). OXFAM is regulatedby Trust of Association & works on the principles of Gender equality, Anti-discriminationpolicy,Safety policy &Corporate Governance policy.P2 Size and Scope of different type of organisation.PUBLIC ORGANISATION - National Health Services4
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