This presentation discusses the pros and cons of the macro environment of company operation in the business environment. It covers the impact of political, economical, social, technological, environmental, and legislative factors. It also explores the strengths and weaknesses interrelated with external macro factors.
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Business Environment (Task 3,4)
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Table of Content Introduction Prosandconsofmacroenvironmentofcompany operation SWOT analysis of organisation Strengths and weaknesses interrelated with external macro factors Conclusion References
Introduction Business is the function or activity which have done to exchange their products and services in returnto the money as well other profits for the organisations. It is basically set up for various reasons like for the earning net profit, resolve social issues, serving products and services to their target audience as per their needs and demands.
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Pros and cons of macro environment of company operation The components which is exist in their external environment of the enterprise that actually affect to their main parts of their internal bodies and other advantages of the macro environment.
SWOT analysis of organisation Strengthsweaknesses It is leading brand which also have their international identity the third most largest company in the UK. The goods which is facilitates their strengths due to the valued added of their quality. The enterprise condition is very powerful regarding their finance situation and their other major competitors. Tesco offer very wide range if their commodities and services to consumer including there telecommunications, grocery apparel and an more. It raise their burden of the management of all the sectors which make their work more crabbed.
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Continue.. OpportunityThreats The market actually offering platform so they can adopt various methods . The Tesco actually help to their company. So, on they can also lead to the expansionist and profit of their business. The e- commerce also very trending they through which they trade easily and reach to beyond the boundaries. It also facilitate tot heir buyers and various approaches for their promotions. The Markets of the UK is very powerful and they present their competitors of the business. The various other companies which produce their substituted to their products alternatively. So, that will be reveals s a threat for the company because due to this partially many consumer can shift to the other products which may also cause the loss.
Continue.. Impact on the decision making :-The weaknesses, opportunities, threats and strengths help in the formulation of the strategy and execution. The enterprise will get know their capabilities and other weaknesses which also led to their modifications and changes.
Strengths and weaknesses interrelated with external macro factors There is the every enterprise require their analysis through which automatically get to know about their strengths and weaknesses many more. So that can also improve their performance in the market industry.
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Continue.. Political :-The entire functions and operations of the Tesco company has been affects by other not stably factors of the political. Economical :-The explosive deflation as well as inflation have their index rate which impact on their other existence of their enterprises.
Continue.. Social :-The unequal distribution of the income in the structure of the society will lead to not accomplish their target and other objectives. Technological :-The Tesco is already opted for their already advance technologies so they can reducer their cost as well also boost up their marginal profit in the company.
Continue.. Environmental :-The accord which is structured by different countries so thy can protect their environment. In this entire procedure there are the 2 and more though which they consult. Legal :-There are some certain changes in the laws, policies, regulations which also affect their existence of their organisation.
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Conclusion Asaccordingtotheirabovementionedassignment,the business environment as to be assessed by the manager so they can take care of that enterprise don't get affect tot their current and future scenario. There are several kinds of the elements that lies in between the business environment such as the internal as well as external components
References Commander, S and Svejnar, J., 2011. Business environment, exports,ownership,andfirmperformance.TheReviewof Economics and Statistics.93(1). pp.309-337. Erving,R.Handet.al.,2011.Broadbandnetworkwith enterprise wireless communication system for residential and business environment. U.S. Patent 7.944.948. Fernando,A.C.,2011.Businessenvironment.Pearson Education India.