How Business Operate Task 1& 5.

PLAGIARISM REQUIRED TURNITIN , PLAGSCAN

How Business Operate
Task 1& 5

Cover content
 Introduction
 Types of organization
 Different structures
 Impact of local, national and global economic environment on business-
management
 Impact of customer service on business success
 Benefits of customer profiling to business
 Conclusion
 References

Introduction
Before operating a business activities, it is require to analyse each and every
factor that can affect it operational and functional business approaches. This
reports is based on TESCO which is a British multinational grocery retailer
in UK. Project is also discussion about importance of accounting,
performance of Human resource department, employment legislation and
profit and loss statement.

Types of organization
In a economy, lots of organisation established with specific objectives that
requires to fulfil at a specific time to getting desired success easily. In this,
private and public sectors organisations provides their own contribution in
economy development.

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Organizational structures
Each and every company has different business structure which is classify as
different aspects and organisational objectives as well. All these firms are
made their business structure as per their organisational size and workers
strength. In this process management of a firm play most important role to
build effectiveness on business activities easily.

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Impact of local, national and global economic
environment on business-management
TESCO is a multinational grocery retailer organisation that serve its quality
services in worldwide. For them it is require to understand economic values
of local, national and global environment for business management
activities. In this process external and internal environment impacts directly
on decision making procedure of firm.

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Impact of customer service on success
For a business organisation, it is require to offer quality services to their
customers as per their requirement and demand to getting higher business
success easily. Customer services are valuable and useful for Tesco to getting
higher growth in future.

Benefits of customer profiling to business
Customer profiling is known as marketing tool of firm that aids to make
effective and appropriate business decision easily. This is a way to create
higher profits and success of firm easily. In it, organisation classify their
customers as per their name, age, demand and need as well.

Conclusion
From the above report it has been summarised that for a business organisation, it
is require to analyse their business activities to operate them in effective
manner. Through this firm can easily get desirable profit and success easily.

References
Gassmann, O., Frankenberger, K. and Csik, M., 2014. The business model
navigator: 55 models that will revolutionise your business. Pearson UK.
Bernstein, M.H., 2015. Regulating business by independent commission.
Princeton University Press.

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