Exploring the Business Environment

Exploring the
Business
Environment

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Different type and purpose of organisation: public, private and voluntary sector as well as
their legal structure......................................................................................................................3
P2 Size and Scope of different type of organisation ..................................................................6
TASK 2............................................................................................................................................8
P3 Relation within different organisational function and how they are linked to objective and
structure of company...................................................................................................................8
TASK 3..........................................................................................................................................11
P4 Positive and negative impact macro environment has on operations of business...............11
TASK 4..........................................................................................................................................13
P5 Internal and external analysis for identifying strength as well as weakness of company. .13
P6 Strength and weakness interrelated with external macro factors ........................................16
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18

INTRODUCTION
Business environment is collection of external as well as internal factors which have
impact on working working of a organisation. These factors are customers needs, employee's,
clients, suppliers, supply and demand management, owners, innovation in technology, activities
by government, market trends, economic changes and many more (Hamilton and Webster,
2018). In addition to this, business environment provide assistance in identifying opportunities
for company, assists in planning, improve performance and profitability of business. This report
is based on Tesco which is part of retailing industry founded in 1919 and its founder was Jack
Cohen. Area serving by respective company is UK, Ireland, India, Malaysia, Thailand, Czech
Republic, Poland and many more. Tesco is headquartered at Wlwyn Garden City, Hertfordshire,
England, United Kingdom.
Report will going to conduct discussion on different type of organisation within their
legal structure, size as well as scope. In addition to this, relation within different organisational
function and how they are linked to objectives and structure of company. Moreover, positive and
negative impact of macro environment on operation of company will also going to highlight. In
addition to this, Internal and external analysis of company will going to be conduct for
identifying its strength and weakness. Along with their interrelation through external macro
factors.
TASK 1
P1 Different type and purpose of organisation: public, private and voluntary sector as well as
their legal structure.
Introduction
In this task evaluation of different types and purpose of a companies voluntary, pubic and
private sector along with its legal structure (Prajogo, 2016).
Meaning of Business organisation
Business organisation is considered as entity which aimed is to carry out business
activities by providing quality goods and services to customers according to their need and
demand.
Types of Business organization
Profit organization-

 Private sector- It is privately owned by group or individuals in order to meet customer
requirement and generating profit.
◦ Sole trade
Meaning Importance Purpose Goods and
services
Legal structure
It refers to those
business which is
owned and run by
individual. This
business not have
legal identity
other than its
owner (Deasy and
et. al., 2016).
Example- C&S
wholesale
Grocers.
In this owner of
company is boss.
They keep all
profit margin as
well as it incurred
low start up cost.
The purpose of
C&S wholesale
Grocers is to
provide unique
and specialised
grocery products
according to
customer demand.
Products offer by
C&S wholesale
Grocers are meat,
produce, dairy
products, fresh
and frozen
bakery, health
and beauty, candy
and so on.
It is founded by
Israel cohen and
Abraham Siegel
in 1918. they
started with small
grocery
distribution store
in three story
building on
winter street.
◦ Partnership
Meaning Importance Purpose Goods and
services
Legal structure
It is arrangement
among two or
more parties and
they conduct their
business by under
legal document
and mutual
interest. Example
Balmain and
H&M
Through it both
firm able to
conduct business
under legal power
as well as they
able to share risk.
Purpose of
partnership
among Balmain
and H&M is to
offer unique and
stylish runway
look in real world
price (Eling and
Schaper, 2017).
Both of them in
offer high quality
clothing, footwear
and jewellery
products to
customers.
The legal
structure followed
by both company
in order to grow
business faster by
offering high
fashion.