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Macro Environmental Factors of Business

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Added on  2020-12-30

Macro Environmental Factors of Business

   Added on 2020-12-30

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Contextofbusiness
Macro Environmental Factors of Business_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................2Macro environmental factors that view and changed the nature of modern business in theglobal environmental...................................................................................................................2The reasons its important that individuals and organisation to manage responsible andsuitability and behave ethically the social, culture, economic and environmental issues...........3TASK 2............................................................................................................................................41)A brief history and summary of the business .........................................................................42)Vision of Tesco .......................................................................................................................5Leadership style..........................................................................................................................5Management practices ................................................................................................................63)Implement the strategies and theories at organisation.............................................................74)Recommendation and improvements.......................................................................................8CONCLUSION ...............................................................................................................................8REFERENCES ...............................................................................................................................9
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INTRODUCTIONA business can be defined as the where the goods and services are exchanged in orderedto earn the money. This report will study that the organisation analyse the macro environmentalfactors which shows the changes in the nature of the modern business in the global environmentthrough the positive and negative aspect of the organisation. It also describes the reasons whichis important that individuals and organisation to mange responsibly, sustainably and behaveethically in the relation to social, cultural, economic and environmental issues. It also highlightedthe history and brief of the company which has been taken in this report and according to theresearch it discusses the vision, leadership styles and management practices and variousstrategies making use of various theories which have studied as evidence. It also describes theanalyses which have been achieved and implement by the select company with the specificexamples. It provides the recommendations as an improvement for the company.(Westman,2018). 1
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