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Business Environment of Tesco Assignment

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Added on  2020-10-05

Business Environment of Tesco Assignment

   Added on 2020-10-05

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Business Environment of Tesco Assignment_1
TABLE OF CONTENTSINTRODUCTION:..........................................................................................................................1TASK 1............................................................................................................................................1Covered in PPT ..........................................................................................................................1TASK 2 ...........................................................................................................................................1P3: Explain the relationship between different organisational functions and objectives............1TASK 3............................................................................................................................................6P4: Identify the positive and negative impacts the macro environment has upon businessoperations....................................................................................................................................6TASK 4............................................................................................................................................8P5: Conduct internal and external analysis to identify strengths and weaknesses......................8P6: Explain how strengths and weaknesses interrelate with external macro factors ...............10CONCLUSION :............................................................................................................................11REFERNECES : ...........................................................................................................................12
Business Environment of Tesco Assignment_2
INTRODUCTION:Every business evolves around several factors that affects its operations. These factorsare internal or external that depends on scope and size of business. It is very important tounderstand the surrounding environment so that accordingly strategies can be developed.Business is interrelated with those factors. So change in them will directly affect its operations.Moreover, operations are dependent on environment. This report will describe different types ofbusiness and their size (Silvius, 2018). Also, it will show impact of micro and macro factors onits operations. Beside this, how business functions are related to objectives is also studied. In lastsection relationship between internal and external factors is described. For undertaking this present organisation selected is tesco. The cited firm belongs toretail sector and operates globally. Thus, it is necessary to understand change in factors. Thus,this report will help in doing so for the cited establishment.TASK 1Covered in PPT TASK 2 P3: Explain the relationship between different organisational functions and objectivesThere are different types of organisational functions that exit in business. These helps inachieving goals and objectives that is determined. The organisational functions are interrelatedwith each and work together (Delina, 2014). In this there are various departments. The type oforganisational function will depend on size and nature of business. Functional Structure-
Business Environment of Tesco Assignment_3
In this type of structure, activities are determined on the basis of purpose. It includes varioustypes of departments such as human resource, marketing, finance, etc. that have different rolesand responsibilities. Besides this, they have to work by communicating with each othereffectively. The roles are decided by top-level management. Different departments combinetogether to form an organisational structure. Moreover, an organisation can set up this structureas per its size in the market where they operate. Divisional Structure-
Business Environment of Tesco Assignment_4

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