Organisational Functions - Report
Added on -2020-07-22
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BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION......................................................................................................................4TASK 1......................................................................................................................................4P1& P2 Covered in PPT........................................................................................................4TASK 2......................................................................................................................................4P3 Relationship between various organisational functions...................................................4TASK 3......................................................................................................................................6P4 Negative and positive impacts of macro environment ....................................................6P5 Internal and External environment of Tesco and its Strengths and weaknesses..............7P6 Interrelation of strength and weakness with external factors ..........................................9CONCLUSION........................................................................................................................10REFERENCES.........................................................................................................................11
INTRODUCTIONBusiness environment refers to collection of all activities and all factors which may becontrol by a company and may not be. In this environment, there are mainly two types offactors are included and these are macro and micro factors, these both can impact on theproductivity and profitability of business. Tesco Plc is a big retail business firm and thisindustry deals in clothing, books, internet service provider, electronics, software, toys etc.The size of this organisation is large and it is a private limited company. In this reportmentioned about the various types of business firm and also their objectives. The scope andsize of every company is different from each other (Auzair, 2011). Macro environment andfactors impacts on the business and these impacts can be negative and can be positive onbusiness activities and its operations. In this present report also mentioned about therelationship among various organisational functions and in which way they all are connectedwith each other. There are some weaknesses and strengths of this Tesco businessorganisation. Strengths are the capabilities of business and it helps in doing business in aneffective and efficient manner. The strengths and weaknesses both are related with someexternal factors of company.TASK 1P1& P2 Covered in PPTTASK 2P3 Relationship between various organisational functionsIn an organisation there are many functions are working and the work of everydepartment is different from each other. In Tesco business firm there are some departmentssuch as marketing, sales, human resource, finance, production, research and development andmany other and the aims or objectives of every department is common. They all are work foraccomplishing the common goals or aims of an organisation which are made by topmanagement of Tesco (Brașoveanu and Bălu, 2014). All departments of this company arework together and they all sharing data and information with each other for increasing theproductivity and profitability of business. Some departments of this business organisation aregiven below:Human resource department- It is a min part of an organisation and the main orprimary purpose of this department is to enhancing the company by growth and developmentof company by improving the work performance of its employees. The main functions ofHuman resource department are to performance appraisal, payroll, training and development,recruitment and selection etc. It is the responsibility of a Human Resource manager is toprovide training to its existing employees as well as its new employees for increasing theirskills, knowledge and abilities. Training can be related to new machinery or it can be related
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