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Business and Business Environment: Tesco Case Study

   

Added on  2023-06-07

13 Pages4408 Words156 Views
BUSINESS AND BUSINESS
ENVIRONMENT

TABLE OF CONTENTS
INTRODUCTION................................................................................................................................3
MAIN BODY.......................................................................................................................................3
PART 1..................................................................................................................................................3
1.1 Introduction to provide an overview of different types of organizations and the growth of the
international business environment..................................................................................................3
1.2 Explanation of chosen organizations': background details, supply range, size and scope,
vision, mission, business objectives, company and legal structure, and stakeholders information. 4
1.3 Examine different business functions of Tesco using an organizational chart to show inter-
relations and analyze advantages and drawbacks of their impact on the company..........................6
Part 2.....................................................................................................................................................7
2.1 Pestle analysis of the firm with the positive and negative impacts in the context of “Tesco”:. .7
2.2 Swot analysis of the firm “Tesco”:.............................................................................................9
2.3 Critical reflection of key findings and how they influence the decision-making process........10
CONCLUSION...................................................................................................................................11
REFERENCES...................................................................................................................................12

INTRODUCTION
An organization refers to an associational setting where people at different levels of
hierarchical structures play their part to the fulfill various business functions. Business environment
is defined as the corporate entity in which various commercial activities take place for revenue
generation and brand expansion (Cherunilam, 2021). There are numerous kinds of organizations
where these business elements are situated. The following report in first part, will precisely cover
this by explaining 3 different types of organizations, their sizes, visions, and scopes. It will illustrate
the interrelationship of various business functions in the context of a particular one out of the three
firms through an organizational chart (portfolio of factsheets). The second part of the report will
display positive and negative impacts of macro-environmental factors on the chosen business'
operations. The reasearch study will also determine the internal-external aspects of it through
different models followed by a critical reflection of the findings of the report.

MAIN BODY
PART 1
1.1 Introduction to provide an overview of different types of organizations and the growth of the
international business environment
Public limited company/organization (plc)
The public limited business organization or company is that type of corporate firm where the
sole ownership of the entity is conferred to the public in general. Those people who have a personal
inclination towards buying market shares in this kind of company can easily purchase their portion
in it. The person investing in a public limited organization as a key stakeholder in it is
himself/herself liable for the gains or risks since the amount invested is restricted to the same sum.
One prime example of this kind of organization is UK based Tesco company. It is a plc in the retail
sector with an impressive listing on the LSE market (JENKINSON, 2020).
Private limited organization (pvt. Ltd.)
Unlike the publicly owned company, the private limited organization is defined as the exact
opposite of it as the total ownership of this organizational type lies in the hands of only a few
selected individuals. These kind of business firms are never enlisted on stock markets because they
are specifically owned by the private sector. As the title itself suggests, the commercial liability and
number of company shareholders are also limited in nature in this case. For instance, the British
multinational consumer goods company Unilever is a privately owned organization in the retail
industrial market. Headquartered in Leeds, England, Unilever primarily deals in hygiene &
wellbeing, consumer care merchandise with a widespread business and consumer reach. This
organization expanded swiftly as its decision-making capacity lies with limited people (Murphy and
Murphy, 2018).
Community interest company (CIC)
As the name itself suggests, community interest companies are those companies that rae set
up for the sole purpose of contributing towards the benefit of the larger surrounding communities
without any profit making concerns. These organizations exist so that the collected funds from its
business can be distributed among the society members who are in actual need of help. One such
example is that of UK based CIC 'Blues and Beers'. It is a community-based company that uses its
organizational returns for charitable reasons. Once started as a weekend start-up, now it has been
converted into a CIC in Wallingford that serves local brewries and plays blues music for customers

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