Business Organizations and Environments Assignment - TESCO

BUSINESS ORGANIZATIONS
AND ENVIRONMENTS

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
1. Type and Nature of Organization............................................................................................1
2. Factors and Issues affecting the Business Environment.........................................................2
3. Discussing appropriate analytical framework.........................................................................6
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

Illustration Index
Illustration 1: Number of retail stores in UK...................................................................................3
Illustration 2: Profitability Ratio......................................................................................................4
Illustration 3: Shares of Different Company....................................................................................5
Illustration 4: TESCO's number of Stores.......................................................................................6

INTRODUCTION
Business is an activity which is performed by an individual or in a group in order to
make good revenue from market. Business organization and its environment is very crucial for
any company to manage it properly and effectively. This will help them in maintaining their
workflow smooth. It is a type of process, in which a person or group of people works together
for the improvement of the organization. It is also used to understand the nature and importance
of business. This can be very helpful in overall growth and enhancing their performance.
Having an effective business environment will aid in identifying business opportunities, coping
with sudden changes in market, it will also help in improving their overall performance as well.
Present report will talk about TESCO operating in Norway. It will explain about the business
organization and factors and issues which is affecting its business environment in that country.
It is also discussing about the analytical framework such as, PESTLE analysis in Norway .
Apart from this, porter's five forces has been included which affects ability of serving
customers.
MAIN BODY
1. Type and Nature of Organization
TESCO is a public limited company and have a number of different stakeholders
working with them. It is a British multinational grocery and retail shop. It was discovered by
Jack Cohen in 1919. Its headquarters is in Welwyn Garden City, Hertfordshire, England and
United Kingdom. According to gross revenue generated per year, it is the third largest retailer in
the world. It has its shop in different countries across Asia and Europe. Area in which TESCO
supplies its service includes, UK, Ireland, India, Thailand, etc. TESCO mainly used strategies to
build customer loyalty (vom Brocke, Zelt and Schmiedel, 2016).
Presently, TESCO has various subsidiaries, for example, Tesco retail stores ltd., Tesco
bank, Tesco mobile, etc. It also has supermarket, hypermarket, superstore, etc. In United
Kingdom, it offers financial services to the people through their Tesco Bank which is a joint
venture with The Royal Bank of Scotland. Services includes, loans, credit cards, insurance, etc.
They also operate a mobile phone business across United Kingdom, Ireland, Slovakia, the
Czech Republic, etc. as a partnership with O2 (Kasemsap, 2016). They have expanded their
business outside United Kingdom as well in approx. 11 different countries. The main purpose of
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