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Assignment on Business Environment Tesco

   

Added on  2020-07-22

14 Pages3775 Words46 Views
Business Environment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Covered in PPT...........................................................................................................................1TASK 2............................................................................................................................................1P3 Relationship between different organisation functions..........................................................1P4 Macro environment and its negative and positive impact on business .................................4P5 Internal and external analysis of specific organisations.......................................................6P6 Interrelations of external macro factors with the strengths and weakness.............................7Conclusion.......................................................................................................................................8REFERENCES..............................................................................................................................10

INTRODUCTIONBusiness environment is a place in which an enterprise execute its various operations or itis a mix of all internal or external factors under which firm operates its commercial activities.Various factors or elements sexist in the business environment largely affect the operation of anorganisation in both positive or negative way. It is and responsibility or important for everybusiness to identify all these factors and its effect on various activities of business. All this helpsin making better strategies or planning future activities effectively (Arasti, and et.al,. 2014).Analysis of activities of competitors is also come under the study of business environment. Ithelps business firm in decide its activities better than its rivals and at the same time assist inmaking necessary changes. TESCO one of the multinational grocery retailer is taken under thisreport for study. At present firm is operating in more than 12 countries across Europe and Asia.Present report contain relevant information related with the purpose of various enterprisesincluding public, private and voluntary. Size and scope of different type of enterprises is alsodetailed under this report (Boons, and Lüdeke-Freund, 2013). How different function of anenterprise is linked with objectives of firm is also mentioned under this. Along with this impactof macro factors on business operations and interrelationship with strengths and weakness offirm is also detailed under this.TASK 1Covered in PPT.TASK 2P3 Relationship between different organisation functionsTesco is a multinational company and doing their business in retail sector. Along withthis, they are providing their products as well as services across the world. They followhierarchical framework in their business. As per this structure, duties and obligations aredistributed amongst staff members of organisation (Cantwell, Dunning and Lundan 2010). Highlevel of authority more responsibilities as compare to lower level of people.Some of essential targets of Tesco are mentioned as beneath:They need of expand their business, as it will assist them in their growth andadvancement.1

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