Business in Practice: Forms of Organizations, Organizational Structures, and PESTLE Analysis of Tesco Plc

BUSINESS IN
PRACTICE

Table of Contents
INTRODUCTION................................................................................................3
MAIN BODY......................................................................................................3
PART 1.............................................................................................................3
Concept of micro, small, medium and large size businesses.......................3
PART 2.............................................................................................................5
Different forms of Organisations..................................................................5
PART 3.............................................................................................................7
Organisational Structures and their effect on productivity..........................7
PESTLE analysis of Tesco Plc........................................................................8
CONCLUSION..................................................................................................10
.......................................................................................................10
REFERENCES..................................................................................................11
Books and journals.....................................................................................11

INTRODUCTION
An organisation is a vast empire which being an artificial person is
created by law. It has separate legal existence apart from its employees.
Company acts through its working body but said to have perceptual
existence which means that it is not dependent merely on life of its
members. It has own common seal through which it authorizes documents. It
can sue others and also be sued by others in own name. There are different
forms of companies which is segregated as per its operations, nature and
objective.
These forms of companies are public limited company, sole trader,
private limited company, limited by guarantee, limited liability partnership,
cooperatives, etc. Tesco is entitled as a public limited company which
operates on a large platform in retail industry. It has adopted various
organisational structures which will help it to outgrow even faster being large
size business. Therefore in this report, various forms of companies as well as
examples will be discussed with their organisational structures, size,
external affecting factors as well as their nature of operations. With the help
of above elements it will become easier to evaluate company's working
structure and types of operations being carried by them.
MAIN BODY
PART 1
Concept of micro, small, medium and large size businesses
Organisations are segregated usually on the basis of their operations.
A size of an organisation is an attribute which differentiate it from others. An
organisation should considers various elements such as its structure,
decision making, external environment, type of industry in order to decide its
business size. There are varying forms of businesses that is micro business,
small, medium and large size business (BOGOVIZ and et. al., 2017). These
forms can be discussed with examples as follows:

Micro Business: It is referred as a form of organisation where one
person is responsible for operation, planning, executions, directing and so
on. The scale of micro business is addressed according to the total worth,
number of workforce as well as type of operations being carried out by
organisation.
This organisation is categorised with a strength of less than 10
employees in general. In this type of organisation, owner plays role of
manager. The market size is generally low and limited to certain area or
location. It is sole proprietorship form of business which generally has low
legal formalities. The management of business is completely sole that means
plans are executed by direction of one supervisor.
For instance, Boss Brewing company is a multi award winning entity
which is established by a husband and wife having operations regarding craft
brewery. It is one of the best micro business constituted at UK.
Small Business: Small business is categorised as a company with
annual turnover less than £10 million. It consists of more than 10 but less
than 50 manpower. It operates generally on a small scale with a limited
reach to public.
It has single owner, who controls management on its own. It is labour
intensive business where dependency over labour is more than technology.
It is flexible in nature as it can cope with sudden alterations. They uses
immediate accessible resources which allows them to save time and make
better utilization of resources (Giacosa and et. al., 2017).
For example, Broadsword Event House is a event planning company
which is a small organisation which a stable background. It has been working
with a purpose of providing outstanding results with world class events and
client's satisfaction.
Medium size Business: It is defined as an organisation having less
than £50 million annual turnover and less than 250 employees. It operates
over a bit wider platform than micro and small businesses which provides
various job opportunities to public.