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Contemporary Business Environment and Role of Digitalisation on Tesco

   

Added on  2023-06-04

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Contemporary Business
Environment(company
appraisal)
Contemporary Business Environment and Role of Digitalisation on Tesco_1

Table of Contents
INTRODUCTION ..........................................................................................................................4
MAIN BODY...................................................................................................................................4
Introduce the chosen organisation by determining the legal structure. In the introduction give
a design of the operations reasons of the company , its main aims the challenges . Include the
company key stakeholder and evaluate their acquirements and influence and illustrate how
they will implement the stakeholder mapping in the organisational responsibility- .................4
In the second section of report individual can explore the global effect of the internet of things
evolving collaboration networking, e-commerce, and social technological on business
system, operations, decision making . Discuss the role abd effect of digitalisation on the
business. .....................................................................................................................................5
Role of digitalisation on business structure operations and policies - .......................................5
TASK 1.......................................................................................................................................6
This projects needs to analysis the business selected and then undertake a business
surroundings analysis using a range of theories to explain the key factors of micro and
macroeconomics theories and their effects on organisational behaviour the national economy
- ..................................................................................................................................................6
Main instruments used to analyse the internal and competitive surrounding include for the
micro forces and its influences on the chosen company. .........................................................7
TASK 2 ......................................................................................................................................8
Discuss the issues posed to leading by globalisation theory in the relation of modern
frameworks and assessing the significance of management in effective business activity. On
the basis of company highlight the answer and justify the answer and give suggestions for
developments: ............................................................................................................................8
The different challenges which a re faced by the manager of Tesco for managing the
employee by using management theory are listed in below - ...................................................8
Analysis and investigate real works examples from the selected company using relevant tools
and illustrate an understanding of how company management and the business environment
interlink. ...................................................................................................................................10
CONCLUSION .............................................................................................................................10
Contemporary Business Environment and Role of Digitalisation on Tesco_2

REFERENCES..............................................................................................................................11
Contemporary Business Environment and Role of Digitalisation on Tesco_3

INTRODUCTION
The business environment is commonly stated as the group of operations or forces which
is used or determined by company for sustaining their competitive advantages in market.
Because of the effective determination of different elements is able to sustain their overall
growth and goodwill in market for long term (Kang, Burdon and Mooney, 2019) . The consider
company is Tesco and its headquarter is in UK which deals as a retailer In global market . The
company was founded by Jack cohen 1919. the report will cover launch the selected business by
determination the legal structure. It further the role and effect of digitalisation on the business
structure and policies.
MAIN BODY
Introduce the chosen organisation by determining the legal structure. In the introduction give a
design of the operations reasons of the company , its main aims the challenges . Include
the company key stakeholder and evaluate their acquirements and influence and illustrate
how they will implement the stakeholder mapping in the organisational responsibility-
There is a company selected is Tesco and company is UK based company deals as a
retailer which provides goods and services in global areas, the company was founded in
1919 by jack cohen . The products provide by company are telecommunication, furniture,
ad home based products and many others. The company is well known for its good quality
products. The company provides services in global areas with diversity of products.
The major aim of Tesco, is to manage powerful connection with its employees and
customers. Because of the popularity the customer prioritises the brand as a first o buy a products
from store. The main objective of company is to sustain profit margin and their market share at
maximum level in global market. The vision of the company is to maintain the trust and loyalty
of buyers for the company. The mission of the firm is to give quality products to buyers as per
the needs and wants for long term.
The different environmental pressure which is seen by Tesco while the time of
performing business are deficit of skilled employees and inflation. The deficiency of skilled
employees is main drawbacks which tend to simply reduce the performance of business at high
cost. Tesco is using advance technology for training the employees in content of inflation
Contemporary Business Environment and Role of Digitalisation on Tesco_4

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