Introduction to Business and Management

Introduction to business
and management

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
Introduction.................................................................................................................................1
TASK 2............................................................................................................................................2
The external environment...........................................................................................................2
TASK 3............................................................................................................................................4
The organisational structure........................................................................................................4
TASK 4............................................................................................................................................6
Organisational performance........................................................................................................6
TASK 5............................................................................................................................................7
Comparison ................................................................................................................................7
CONCLUSION ..............................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Business and management is basically a discipline that is devoted and derived in prospect
of analysing, organising, planning and controlling of various operations and functions through
which success is attained in systematic manner. It induced as per advancement of managing and
running a business by which long term sustainability and perfection is induced in timely frame.
The management of business is only get processed with support of transferable skills and
knowledge by which continuous success and development is induced (Myers, 2019). The report
below is based on ASDA that is a multinational retailing company that was established in 1949
and it is also be associated with diaries companies of Yorkshire. The report comprise of
organisational structure, organisational performance and its comparison to maintain clear focus
about external environment in context of performance.
MAIN BODY
TASK 1
Introduction
ASDA is a trading business that is a British multinational retailer and that is having
headquartered in Leeds, West Yorkshire. In this the company also get merged with this they have
associated with the diaries. It has also be expanded South of England as during 1970 and 1980
that is acquired Allied Carpets, large Gateway supermarket and many others businesses as well.
The SWOT analysis of ASDA is as define below as:
Strength The company offered huge range of products as with support of extensive
distribution that promote strong connect and understanding of customers as
with this long term sustainability is attained in adequate mode.
Weaknesses Company having limited market presence and also face restriction in few
countries by which quality is getting disbursed.
Opportunities ASDA expands its business into different operations as in jewelery, pharmacy,
photo department and many others as well by which ability to attain long term
goals is accomplished with easiness (Allen, 2018).
Threat The competitors of company is biggest threat as government policies get
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changes by which consistent cost cutting is increases and profit share of
business get decreased.
Tesco is a multinational retailer that has worked within groceries and merchandise along
with this offered diverse range of products and services by which better accessibility is addressed
with perfection. The company was established in 1919 by Jack Cohen and have sold its produces
and services through supermarket, hypermarket, superstore and convenience shops. The SWOT
analysis is as define below as:
Strength Tesco offered numerous awards by which customer service, shopping
experience and retail excellence both get enhanced with this significant
modifications is processed by which brand equity is enhanced.
Weaknesses The global success has witness different operations by which understanding of
marketplace is managed in productive basis. It affects the decision making of
business in direct basis (Mendling and et. al., 2018).
Opportunities Tesco expands its working in different countries that increases its rate of
exploring through which higher benefits is attained in perfection.
Threat Tesco act as leader in market place and with this vigorous competition is faced
that reduces the rate of profit share.
TASK 2
The external environment
The external factors is having direct impact over the business working and its stability
with this rate of productiveness is managed. The Pestle analysis of retailing sector is as briefly
explained below as:
Political The revenue generation and profitability of a retailing industry is affected with
the induction of government policies that has direct impact over economic
generation, consumer habit and international trade. These regulations affect
exported, imported and solid stores by which all the health guidelines is
proposed and it create trouble for business (Easterby-Smith and et. al., 2018).
The antitrust issues also cause different issues related to operational cause that
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