Assignment: Business organisational Environment in a global context

   

Added on  2021-01-01

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Business organisationalEnvironment in a globalcontext
Assignment: Business organisational Environment in a global context_1
Table of ContentsTable of Contents.............................................................................................................................2INTRODUCTION...........................................................................................................................1Background to Businessorganisation....................................................................................1Background to the business environment...............................................................................3Porter’s five forces:................................................................................................................5Data chart/ tables:...................................................................................................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONBusiness organisation is a group or entity that is formed for the purpose of regulatingoperation on commercial enterprises. It is an activity through which wealth is created byproducing quality products as per the requirement of the customers. It aims at conductingbusiness by manufacturing goods and services in order to meet various demand of clients. Thisproject aims to provide specific information about TESCO PLC which is considered as Britishmultinational groceries and common merchandise retailer. They are planning to expand theirbusiness operation in other country in order to earn more profit as well as for growth purpose.New Zealand is the one they have opted for stability as well as expansions. During the expansiondifferent issues will be faced like competition and other will be identified by conductingPESTLE of that particular nation. Apart from this, nature and types of specific aspects in contextto Tesco plc is taken into account (Briscoe, Tarique and Schuler, 2012).Background to BusinessorganisationTesco is the type of private limited company which is listed over LSE. It is third largestretailer in global in terms of total revenue with €55,917 million. This company was founded in1919 by Jack Cohen. The total employees working within this particular organisation is about476,000. It has market capitalization of approximately £18.1 billion. This company is alsooperating in banking and insurance sectors. Their major operations are conducted from UK,Ireland, Poland, Malaysia and some other parts of the world. Tesco serves their customers with6809 stores offline as well as online (Crystal, 2013). As a leading supermarket retailer they areserving plenty of customer in every week in terms of providing various supports and facilities tothem. Knowing all the facts of earning they have decided to make expansion for their business inNew Zealand. This country is considered as sovereign island nations in south-western PacificOcean with around 600 smaller islands with the total population of 4.1million. Their capital cityis Wellington and it is the most populated city in New Zealand with residents exceeding 1.8million. The population growth rate is 2.1 % annual changes in 2016. The Gross domesticproduct (GDP) of New Zealand is going increase from 0.5% in the initial quarter of 2018 incomparison to last year. It is 2.7% as quarterly value of 34.809m$. It is a constitutional monarchythat is having parliamentary democracy. 1
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New Zealand is open for business because of wide land mass. It is not only perfect placeto taken long break and enjoyment but also provides great opportunity for people who arelooking for any kind of change or expansion. It offers a more flexible working life with plenty ofresidents –preferring to lead their business operations in effective manner. likewise, sometimethis happens to be considered as hard working and giving maximum time in offices. It iscrucially, self-sufficient nation with a modern era which is having free market economy. It is heldeffective for ample amount of strong opportunity for faster growing businesses. The nations arehaving tradition of developing their own innovation and products through having innovativemethod in order to get maximum growth for the economy (Ferraro and Briody, 2013). Wellingtonhas already been established themselves as a location for various multinational company. It isvital for the supermarket industries to come up with wide range of attractive and reliableproducts and services that can satisfy different needs of customers. Additionally, New Zealand is having more corporation tax of 28% which is less effectivefor the TESCO plc. It means that they need to make maximum payment as corporate tax to thatparticular nations. But at the same time as the incomes level is only 10.5% which is positive signfor the company. This will help them to draw maximum customer toward their products. Lowcorporation tax is more effective as it would be profitable for the company in terms of earnings.It is done so because, they believe that New Zealand major focus is given on business andinvestment and they are open to various MNC all around the globe in order to increase thestandard of living of various customers.2
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