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Business and Business Environment of Tesco - Report

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Added on  2020-01-23

Business and Business Environment of Tesco - Report

   Added on 2020-01-23

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BUSINESS AND BUSINESS
ENVIRONMENT
Business and Business Environment of Tesco - Report_1
Business and Business Environment of Tesco - Report_2
INTRODUCTION
Business environment is the combination of internal and external environment which
having impact on the existence of organization. Employees, operational functions etc. are
included in internal and government, political etc. are included in external environment.
Various types of organization are incorporated for the stated purpose with the set of goals and
objectives. Organizations are like public, private and voluntary sector which consists various
of functions. The present report is based on TESCO which is international retailing company
(Teece, 2010). It is British supermarket which provide frozen food like meals and vegetables.
There is also mention UCLH organization which is the charity company. The main purpose
of this is providing benefits to people and fulfil their needs as well. UCLH is an non profit
firm which is depends on the donation which is providing by lots of people. Managers and
leaders have to identify their strength and weaknesses which are able to improve their
performance in international market and increase their profit margin as well. They have
maintain relationship between their various functions such as HR, production and sales
department. The basic purpose of this company is providing best quality of goods and
services to their targeted customer and try to meet their expectation with them.
TASK 1
P1 Different types of organisation and there purpose.
Business environment are internal and external factors of a firm which effect the
functions including customer, employees, supply and demand and business entity. Internally
factors including managers, employers, stakeholders etc. External elements are including
suppliers, creditors, investors and competitors. A company is group of people with a
particular purpose and goal such as a government and private department (Cantwell,
Dunning and Lundan, 2010). Different types of organisation and there purposes in
international market;
Public organisation- A public sectors is part of economy to providing government
services. This sectors might be providing to non payers they cannot excluded from and
services which beneficial for society not for individual to use the services. This type of firm
use for social welfare, not for earn profits. Tesco is a type of public organisation to provide
retail service by the super markets. It is retail company providing the shopping services like
Business and Business Environment of Tesco - Report_3
super markets, super store and hypermarkets. The purpose of this firm to providing different
services based on markets like home shopping, internet retailing, financial and telecom
services (Ebert and et. al., 2014). This firm made a commitment to corporate social
responsibility to contributing the small part of the profit of company. The corporate strategy
of tesco including expansion strategy innovative use of technology.
Private organisation- This type of firm is a part of economy, refereed to the citizen
and personal sectors run by the individual and group of people to earn the profit. Private
sectors are not controlled by state government, its controlled by a individual person and
partners. This sectors not for social welfare its established to earn profit. Tesco is type of
public sectors, its chain of supermarkets to sale the foods, vegetables and prepared including
meals (Sørensen, 2012). It is a retail company providing frozen food and different types of
groceries. In the market. The pricing strategy of this firm to reduce and replaced the products
offering by the comparing its compositors. This type of sectors are establishing an individual
and group of partners to earn and sharing profit.
Voluntary organisation- This type of firm concerning by the different volunteers.
These sector may be able to operate all activities without any legal formalities, including
informal firms and not depending on any jurisdiction. A voluntary association is a group of
persons to create a agreement including a organisation to accomplish a purpose and goals. In
this sector conduct a membership are not compulsory for a particular associated functions of
company (Xue, Shen and Ren, 2010). Voluntary sectors are incorporated and unincorporated,
profitable or non profitable purpose.
Charity- UCLH is an charity which is incorporated for the interest of people. These
are the non profit organization which are different from other sectors. These types of
organizations are depends on the donation through which comes in the existences. The main
purpose of UCLH is provide benefit to people and maintain their health as well.
Public sectors are incorporated for non profitable purpose and for social welfare and
including legal jurisdiction. Private sectors is profitable entity establish to earn profit for
individual not for society without any including formal firms. Voluntary associations
purpose are both they are established by individual group of persons are agree for agreement.
Public sectors are controlled by government and following some legal formalities at the of
start-up. Private firms are controlled by individual owner and there are no legal formalities.
Business and Business Environment of Tesco - Report_4

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