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Context of Business | Ethical Behaviour and Sustainability | Assignment

   

Added on  2021-01-02

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CONTEXT OF BUSINESS
Context of Business | Ethical Behaviour and Sustainability | Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1 ................................................................................................................................................1Micro and macro factor that affect the company........................................................................1LO2 .................................................................................................................................................3Ethical behaviour and sustainability ..........................................................................................3CONCLUSION ...............................................................................................................................3References .......................................................................................................................................4
Context of Business | Ethical Behaviour and Sustainability | Assignment_2
INTRODUCTIONBusiness context is the background which helps in understanding the factor which impact thebusiness from various perceptive and also identify the micro and macro factors which affect thebusiness to the large extent. Tesco is a British multinational groceries with headquarter inWelwyn Garden City, Hertfordshire, England, United Kingdom. It is third largest retailer in theworld. It also has shop in seven countries. This report will cover the micro and macro factor thataffect the company to the large extent. LO 1 Micro and macro factor that affect the companyThere are many Micro environment factors such as - Suppliers – Suppliers plays the main role in the organisation and can influence the businessstrategy of Tesco as they provide raw material to the suppliers. If they do not provide material ontime then it may affect the working of the Tesco as sales decreases due to the delay in theproduction process.Shareholders – It is important for the Tesco to maintain good relationship with the shareholdersas the demand for raise in profit can influence the success of the business for the long term. Media and social Media – Social media is the large platform as whatever it shows it impacts thepeople to the large extent. If media shows negative side of the business then this will decreasethe sales of the Tesco. So it is important to maintain strong relationship with the media. Employees – Employees are considered as the most important assets of the organisation. If thereis low motivation and low skilled employees, then business will be in loss and it impacts theworking of the business. So employees can influence the business. SWOT analysis's of TescoTesco is a retailing powerhouse and portfolio of retail brands and also Tesco offers food andnon-food items in all over the world. In this analysis's the company strength , weakness,opportunities, and threat will be examine (Mason, 2017).Strengths
Context of Business | Ethical Behaviour and Sustainability | Assignment_3

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