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(Doc) Assignment on Business Environment - Tesco

   

Added on  2020-10-05

14 Pages3600 Words69 Views
BUSINESS ENVIRONMENT1

Table of ContentsINTRODUCTION...........................................................................................................................3LO1: VARIOUS TYPES AND ORGANIZATION PURPOSE. DIVISION OFORGANIZATIONS IN PUBLIC, PRIVATE AND VOLUNTARY SECTORS AND THEIRLEGAL FRAMEWORK.................................................................................................................3LO1: SIZE AND SCOPE OF ORGANIZATION BASED ON THEIR TYPES....4INTRODUCTION TO TESCO...................................................................................................5PRODUCT ANS SERVICES OF TESCO..................................................................................5VISION AND MISSION OF TESCO.........................................................................................6OBJECTIVES OF TESCO..........................................................................................................6LO2 DIFFERENT ORGANIZATIONAL FUNCTION AND THEIR RELATIONSHIP WITHTHE ORGANIZATIONAL STRUCTURE AND THE OBEJECTIVES OF THEORGANIZATION...........................................................................................................................7ORGANIZATION STRUCTURE OF TESCO...........................................................................8LO3: DEMONSTRATE BOTH THE POSITIVE AND NEGATIVE INFLUENCE/IMPACTTHE MACRO ENVIRONMENT HAS ON BUSINESS OPERATIONS......................................9PESTLE ANALYSIS OF TESCO...............................................................................................9LO 4: THE STRENGTHS AND WEAKNESSES OF TESCO AND THEIRINTERRELATIONSHIP WITH MACRO EXTERNAL FACTORS...........................................11SWOT ANLYSIS OF TESCO..................................................................................................11CONCLUSION..............................................................................................................................13REFRENCES.................................................................................................................................142

INTRODUCTIONOrganization is group of people who have gathered together to attain a common objectivewhich cannot be obtained single handedly. In an organization there is a hierarchy of employeeswho are at different levels working together so that the organizational goals and the objectivescan be achieved. The top level management is there to set the objectives of the organizations,targets to be achieved and building the strategies to achieve the set targets of the department.They are concerned with supervisory work of the organization. The organization has to workunder the macro and the micro environment. The macro environment includes the political,social, economic and cultural environment of the economy. LO1: VARIOUS TYPES AND ORGANIZATION PURPOSE. DIVISION OFORGANIZATIONS IN PUBLIC, PRIVATE AND VOLUNTARY SECTORSAND THEIR LEGAL FRAMEWORK.The organization is of different types which are working in the economy to achieve theirgoals and objectives. There are basically Public organization, private organization, charitableorganization and the Non-Government organization which are also called nonprofit organization.The private organization is owned by the common individuals who work on the principle ofprofit making. They have to follow the rules and regulation of the land on which they areoperating their business. They can be further divided into three types which includeproprietorship organization, partnership organization and the cooperative societies. Aproprietorship private organization is that organization which is owned by the single person.They are responsible for the liabilities and the success of the organization. They do not havelimited liabilities. The HM revenue department is responsible for the registration of3

proprietorship firms in United Kingdom. The individual operators are responsible to pay the taxto the government. A partnership organization is formed by the combination of two or moreindividuals for a common purpose. In a partnership organization the benefits and the liabilitiesare shared by all the partners of the organization and they are also held responsible for the taxpayment to the government. If the ownership is in the hand of the government then it is a publicorganization. They work to serve the society and do not work on the principle of earning profit.The government is made responsible for the liability and the tax payment of the organization.The working of the public organization is transparent and the information is made available toall. It works with the help of the employees who are selected by the rules and regulation of thegovernment. Charitable organizations are working for the benefit of the society. They serve thesociety and have a specific agenda of working. They have to get themselves registered by theauthority for example an organization working for the deaf and dumb people. They provide themshelter and living. LO1: SIZE AND SCOPE OF ORGANIZATION BASED ON THEIR TYPES.The organizations are made for the specific purpose and they are working to achieve thegoals and objectives. Scale of the private organization is less comparison to others. Same is thecase of the partnership organization w.r.t their scale. But the public organizations are bigger insize in comparison to the partnership and private organizations. The organization has its vision, mission, goals and objectives for which the employee ofthe organization is working. This report study in detail about the working of the Tescoorganization. It is working as a retail chain in United Kingdom. They have now expandedglobally and started their operations in Hungry, Malaysia, China and India. The employees are4

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