Business Environment of TESCO PLC & RSPCA - Assignment
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Added on 2020-01-21
Business Environment of TESCO PLC & RSPCA - Assignment
Added on 2020-01-21
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THE BUSINESS ENVIRONMENTPage 1 of 9
Table of ContentsIntroduction......................................................................................................................................3Assignment 1: Types of Business and their ownership...................................................................3Task 1...............................................................................................................................................3P1. Description on the type of business, the purpose and ownership of two contrasting businesses.........................................................................................................................................................3P2. Description on the different stakeholders who influence the purpose of the two contrastingbusinesses........................................................................................................................................4Task 2...............................................................................................................................................4P.3 Description on how two businesses are organised in terms of their structures and functioningareas like HR, Finance, Marketing, Production, Customer Services and Sales which contribute toits strategic plans..............................................................................................................................4P.4 Explanation on how the style of organisation of your chosen businesses helps them to fulfiltheir purposes...................................................................................................................................5Assignment -2- Similar Businesses in Different Worlds.................................................................6Task 3...............................................................................................................................................6P5. Description on the influence of two contrasting economic environments on businessactivities within a selected organisation..........................................................................................6Task 4...............................................................................................................................................7P6. Description on how political, legal and social factors are impacting upon the businessactivities of your selected organisations and their stakeholders......................................................7Conclusion.......................................................................................................................................8References........................................................................................................................................9Page 2 of 9
IntroductionIn the modern perspective of the business environment, it is seen that a business totally dependson the strategy, objectives, economic factors, ownership of that organisation. Not only is thatstakeholder’s one of the essential factors of a successful business. At the same time, the social,legal and political impact also influences the environment and the success of an organisation.Assignment 1: Types of Business and their ownershipTask 1P1. Description on the type of business, the purpose and ownership of two contrastingbusinessesBefore taking a step towards the business field, it is necessary to understand about the type ofbusiness of the business organisation running their business in the UK. The aim of this project isto understand the purpose, ownership of the business. In this case, the name of the two chosenorganisations is Tesco PLC and, which is an organisation of clothing, home wares, grocery,electrical and another one is RSPCA or Royal Society for the prevention of cruelty to Animals.Tesco PLC is a multinational company, specialise in grocery, homeware, clothing, electrical inWelwyn Garden City, the United Kingdom, Hertfordshire, England. It is popular as the thirdlargest in the world in case of profit measurement and fifth largest in the world in case ofrevenue measurement (www.tesco.com, 2017). This company separates itself from the othercompanies with their best quality products, wonderful customer services, and innovative ideas. Ithas stores throughout the 8 countries in the world, including Asia, UK, Malaysia, Hungary,Ireland, and Thailand. The purpose of this organisation is to provide a quality shoppingexperience as well as the great products with reasonable prices. They provide daily requirementslike homeware, clothing, electrical, grocery items that help to lead a healthy lifestyle. Tesco is aPLC or private limited company and sells and bought their shares on a stock exchange.RSPCA or Royal Society for the prevention of cruelty to Animals was founded in 1824. It isoperating in UK and Wales promotes the animal welfare (Enofeet al. 2013, p.41) It is the largestand oldest welfare association of animals has 172 branches throughout Wales and UK,investigated more or less 150,863 cases and has 1,667 employees as 2011. This organisation runs33 animal centres and 38 clinics. Not only that, this organisation spreads in Asia and Africa also.It is generally funded by the donation of the volunteer who is willing to do it. The purpose of thisPage 3 of 9
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