Business Environment Of TESCO & British Airways
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Added on 2020-01-28
Business Environment Of TESCO & British Airways
Added on 2020-01-28
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BUSINESSENVIRONMENT
TABLE OF CONTENTSINTRODUCTION ..........................................................................................................................3ASSIGNMENT 1.............................................................................................................................3TASK1 ............................................................................................................................................31. describing two contrasting business.........................................................................................3TASK 2 ...........................................................................................................................................41. The different stakeholders who influence the purpose of two businesses...............................42. The points of view of different stakeholders seeking to influence the aims and objectives....43. Evaluates the influence that different stakeholders exert in one of the organizations.............5TASK 3............................................................................................................................................5compare and contrast of Tesco and British airways....................................................................5TASK 4............................................................................................................................................61. How The organizational structure and strategic planning help business achieve their purposeand aims.......................................................................................................................................6ASSIGNMENT 2.............................................................................................................................6TASK 1............................................................................................................................................61. influence of two contrasting economic environments on business activities .........................62. Comparison of the challenges to business activities in both organization in economicenvironment.................................................................................................................................7TASK 2............................................................................................................................................71. analyze how political, legal and social factors are impacting upon the business activities of abusiness and their stakeholders....................................................................................................72. How future changes in economic, political, legal and social factors may impact on thestrategy of a business...................................................................................................................8CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................92
INTRODUCTION Business environment is defined as the set of all internal and external factors whichinfluence the operation of the business. It includes factor such as customer, clients, suppliers,government, social and economic trends. The report is based on evaluating the businessenvironment of Tesco and the British airways company. The firm is a British multinationalgrocery and general merchandise retailer in England, UK (A tesco case study, 2016.). On theother hand, British Airways (BA) is an airline company which was founded in the year 1974. Itflies over 170 destinations and aims at providing their customers with luxury services (Britishairways, 2016). This report covers different types of business their purpose and ownership of thebusinesses. Further, it covers different stakeholder who influence purpose of Tesco and Britishairways. Moreover, it covers the impact of political, legal and social factor on business activities.Lastly, it includes the future changes in economic, political, legal and social factor impact onbusiness strategy.ASSIGNMENT 1TASK1 1. describing two contrasting businessBusiness activity of Tesco and British airways: The British airways are the UK's largestinternational scheduled airline which provides their services in 300 destinations globally. TheTesco company serves by providing range of grocery product million of customer through storeor online worldwide. The Tesco operate their store in almost 11 countries.Business sector: BA is a public limited company which works in the airline sector. It is aprivate company which works in the retail sector.Business purpose: The purpose of Tesco Company is that “to be champion for theircustomer and help them to enjoy a better quality of life and provide easier way living. Thepurpose of the British airways is to remain the top choice for international flight for premiumcustomer and provide top- quality services to their passengers. Further, expand the business andaim to leading position in London and meet customers needs (Haddock-Millar and Rigby, 2015).3
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