Business Environment Analysis of Tesco
Added on 2020-07-22
18 Pages4876 Words37 Views
Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1P1. Purposes of different kinds of organisation......................................................................1P2. Size and scope of various kinds of firms..........................................................................3TASK 2 ..........................................................................................................................................5P3. Relationship between various operations of the company and their relation with its goalsand structure...........................................................................................................................5P4. Positive and negative impact of macro environment on functions of Tesco...................8P5. SWOT analysis of Tesco................................................................................................11P6. Link between the strengths and weaknesses of macro factors of Tesco........................12CONCLUSION .............................................................................................................................13REFERENCES .............................................................................................................................14
INTRODUCTIONBusiness is considered as an operation in order to exchange goods and services and inreturn the owners of the business gets some amount of profit in terms of money. There aredifferent purposes of a business as individuals who are carrying this activity may wants to earnbenefits, resolve any issue related to the society and fulfil the demands of the consumers. Thereare different factors which influences an organisation and these might be present in internal andexternal environment. If the enterprises does not form any policies and strategies by keepingthese elements in context then it will directly or indirectly impact the productivity andprofitability of the company. It could be said that the businesses have to adopt and functionaccording to the needs of the business environment in which they are functioning. If they wantsto know and analyse the business environment they can perform SWOT and PESTLE analysis.SWOT will be for the evaluation of micro and PESTLE will be for macro. This report will bebrief about the effectiveness of business in the existing scenario and how any changes can bringvariations in their profitability. Tesco, BBC and Oxfam are the three private, public andvoluntary organisation respectively which will be considered for this report. TASK 1 P1. Purposes of different kinds of organisation.It is observed that in a business environment their exists various kinds of organisationsand these are differentiated on the basis of different criteria. Diversification on the basis ofgoods, services, legal structure, purpose of formation and aims can be some factors which can beconsidered for this purpose. Mostly companies are divided on their aims of earning profit and themarket share they acquire. Private enterprise are the firms which are formed on totally profitmaking aims. In the surrounding there exists some companies who make sure the economy of thecountry is functioning well and there is stability in that. All the goods and services providedthem are at reasonable prices and are of good qualities. In the society there are various socialissues which needs to be addressed in order to make sure that the social economy of the countrycontinuously experience regular development. This responsibility is taken by the voluntaryorganisations. In the current era there is rise in the private partners and these companies aretaking over the public because they are dynamic and able to perform well during crises. Theseorganisations can be discussed in detail in the below mentioned paragraph. 1
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