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Business Environment Assignment (BE): TESCO

   

Added on  2020-06-04

13 Pages3946 Words35 Views
BUSINESS ENVIRONMENT

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types of organisations and their purpose................................................................1P2 Scope and size of various organisations................................................................................3P3 Relationship between organisational functions and objectives.............................................4TASK 2............................................................................................................................................6P4 Various macro environmental factors that make an impact on the business operations........6P5 Internal and external analysis of strength and weaknesses....................................................8P6 Relation of strength and weakness with external macro environment..................................9CONCLUSION..............................................................................................................................11.......................................................................................................................................................11REFERENCES..............................................................................................................................12

INTRODUCTIONBusiness environment consist of all the internal as well as external factors which havecapacity to influence decision taken by an organisation. A company have to consider theseelements in order to make effective policies. Tesco is a leading firm in retail sectors, they areoperating in more than 12 countries, they have around 6553 stores in European and Asianregions. Their mission is to make products which fulfil need of customers, they also believe inmaking this world a better place to live. Their vision is very aggressive, they want to achieve andretain top spot in retail industry (Arasti and et.al., 2014). This report will includes various type oforganisation like public, private etc. Functions performed in a company and its relation withobjective of enterprise will also become part of this file. Effect of macro and micro factors willget discussed under this project. TASK 1P1 Different types of organisations and their purpose.Covered in ppt.P2 Scope and size of various organisations.Covered in ppt. P3 Relationship between organisational functions and objectives.Tesco is operating in many countries which is the main reason that their structure is verycomplex. They found this problem long time ago so they started making policies at store levels.In order to achieve mission and vision of organisation, they make short, medium and long termgoals (Harrison, 2011). Cited company basically divide their work in two divisions, one is fooditem and other is non food items like electronics, clothing. Tesco is strong in food segment butthey are still struggling in other department so they set some short and middle term goals toimprove their performance in this sector. They are targeting 6.5% market share before 2020 sothey can achieve a decent position in this area of operation. For this task human resourcedepartment has to recruit more people in organisation because they will be needing moresalesperson before end of current year. Finance department has to provide more funds to HRwing so they can pay employees salary on time. They also have to provide extra fund to research1

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