Introduction to Business Studies

This document provides an introduction to business studies, focusing on the importance of motivation in organizations. It discusses two motivational theories, Maslow's Need Hierarchy Theory and Adam's Equity Theory, and their implementation in Tesco PLC. The document also covers the concept of finance and its resources, including short-term and long-term financing options. Additionally, it explores methods of investment appraisal to evaluate the profitability of business activities.

Introduction to
Business studies

Table of Contents
Task 3 Case Study............................................................................................................................1
Motivational Theory........................................................................................................................1
INTRODUCTION...........................................................................................................................2
Motivation plus its Importance........................................................................................................2
Theories of Motivation....................................................................................................................2
Maslow's Need Hierarchy Theory......................................................................................3
Adam’s Equity Theory...........................................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5
Task 4 Financial Decision INTRODUCTION................................................................................6
MAIN BODY...................................................................................................................................7
1. Finance and its resources based on short and long term...................................................7
2. methods of investment appraisal........................................................................................8
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12

Task 3 Case Study
Motivational Theory
1

INTRODUCTION
The current project is based on the case study of Jack Stores which are mainly the
discounted stores launched by the authorities and management of Tesco Plc like an offer to deal
with extensive competition prevailing with in United Kingdom. TESCO PLC is the market
leading retailer of UK plus thus to maintain its market standing in domestic nation, it has come
up with the idea of new discount stores. The following project encompasses overview of
motivation plus its significance to companies. Apart from this, implementation of 2 motivation
theories is included which will offer assistance to TESCO PLC in encouraging workers in new
stores.
Motivation plus its Importance
Motivation is acknowledged to be a driving factor that makes individual executes tasks as
per organisational needs (Alam and Raut-Roy, 2020). Companies working across the globe
leverage motivation as a tool to enhance the present level of productivity plus performance
delivered through workers. Thus when an enterprise takes effective measures to satisfy the needs
plus wants of workers, it instils a sense of trust plus belief with among the staff plus they lead to
attain more loyalty and gain more trust for the organisation. As a outcome of this, they capitalise
upon the organisational resources plus their capabilities to achieve the pre determined corporate
goals with in the desired time frame.
Theories of Motivation
TESCO PLC is a British retailer that has been leading the domestic market over the
course of time. It is felt through the top management of this firm that passage of time has inflated
the extent of rivalry prevailing with in the borders of retail market (Baker plus et. al., 2019).
This has emerged as a significant threat to the market positioning of Tesco PLC in United
Kingdom. Companies such as ALDI plus LIDL have become the choice of customers over last
some years due to the reduced prices under which both these organisations offer its products plus
services to clientele.
Looking upon this, the administration of respective retail organisation have announced
the launch of Jack stores in near future. These will be discounted stores that are being introduced
in UK with a view to enhance the sales of Tesco Plc. to deal with top notch retailers such as
ALDI and ASDA that have already been specialising in provision of items at discounted prices.
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In this relation, the enterprises wants to prepare sure that the staff at new stores are motivated so
that the revenues plus profits of corporation can rise plus enterprises can sustain its top
placement with in the retail market of UK . to this purpose, TESCO PLC has decided to execute
Adam’s Equity plus Maslow's Motivation theory to the workers of Jack Stores.
Maslow's Need Hierarchy Theory
The motivation theory of Maslow is the widly practised pattern among the organisations
worldwide that is aimed at needs of workers relating to an enterprise in the formation of a
pyramid. Thus the need is to fulfil the needs of lower level first plus then move up to higher
stages. This theory is being applied through the management of TESCO PLC with in Jack
Stores so as to satisfy the needs of individual working there. This will imply intention of
workers to apply their capabilities plus knowledge to the attainment of organisational
objectives. The needs belonging to this theory are explained in relation to Jack stores as
follows:-
Physiological Needs: The needs belonging to this level such as nutrition, shelter plus
clothing will be met with the stipulation of adequate salary plus bonus to workers on a
timely basis.
Safety plus Security Needs: The needs relating to this stage of Maslow's pyramid will
be satisfied through the management of Tesco Plc through facility of insurance as well as
various different medical services (Quadri, 2019).
Social Needs: This level consisting of needs such as belongingness plus love will be
met through arrangement of festive parties plus occasional get-together.
Esteem Needs: This stage of Maslow's pyramid consists of needs like self-esteem plus
respect. Such needs of workers with in Jack stores will be satisfied through recognising the
deserving workers in front of the organisation (Amankwah-Amoah plus Osabutey, 2019).
Self Actualisation Needs: This level of motivation theory encompasses needs of
workers to opportunity of personal development. Such needs of staff with in Jack stores it
will be satisfied through execution of training plus development programmes at regular
intervals.
Adam’s Equity Theory
This is yet another important motivation theory used through companies across the globe
to boost the morale of their staff members. This theory works on the premise that organisation
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should offer reasonable action to everyone. Tesco Plc. The business ensure that the participation
of workers are meet to an adequate and justified outputs including of salary, allowances,
rewards, pay-outs, recognition, reward etc. (Hoang, Barnes plus Munroe, 2019). With this,
Tesco Plc is ensuring that the workers with in Jack Stores stay motivated at all times plus put all
their efforts in taking organisation to new level. This will imply stipulation of collaborative
efforts on the part of workers to deal with extensive rivalry among sector of retail.
CONCLUSION
With the given details plus fact in this report regarding the motivation, it can be
concluded that the motivation is considered as the most essential element in order to motivate
people to boosting their potential plus certainly to monitoring each plus every single organisation
operating as the share of corporate industry. Further, it has been acknowledged that motivation
provides assistance to businesses in increasing the morale of their workers in a manner such that
their productivity levels can be increased This leads to the realisation of goals with in due course
of time. to expedition of motivation with in the staff members, organisations prepare utilize of all
the significant theories of motivation such as Need Pyramid of Adam’s Equity plus Maslow's
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REFERENCES
Books plus Journals
Alam, S. plus Raut-Roy, U., 2020 . Evaluating the Effectiveness of Reward Strategy at Tesco
Plc: Evidence from Selected Stores in UK. Indian Journal of Industrial
Relations, 55(1).
Baker, T. L. plus et. al., 2019. Discount venture brands: Personal-congruity plus perceived value-
for-money?. Journal of Business Research.
Quadri, A. A., 2019. Workers perception on effective reward system plus motivating incentives
to enhance performance in Irish owned restaurants: A case study of reward
management system in Comet Restaurant Dublin (Doctoral dissertation, Dublin
Business School).
Amankwah-Amoah, J. plus Osabutey, E. L., 2019. New challenges plus opportunities in the
global marketplace: learning from developed-country multinationals’
failures. International Studies of Management & Organization, pp.1-14.
Hoang, D., Barnes, C. plus Munroe, O., 2019. Management of traditional retail markets in the
UK: comparative case studies. International Journal of Retail & Distribution
Management, 47(5), pp.530-551.
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Task 4 Financial
Decision
6

INTRODUCTION
Zylla limited is established in UK that conduct different kinds of ferries in numbers. The
company have been providing services to common people who wants to crossing river. Along
with it supports to transfer luggage, vehicles and so many other various things from one side to
another side. In present time the business wants to increase their services so management
decided to buy new ferry to cater to the increased demand (Andor, Mohanty and Toth, 2015). to
this business require short and long term resources of finance to accomplish the need of working
capital. Along with that it evalauates methods of investment to measure profitability of business
activity.
MAIN BODY
1. Finance and its resources based on short and long term
Short term resources of Finance: Short term resources of finance is basically undertaken to
project and necessities shorter span of time (Laird and Venables, 2017). Along with that, this
form of capital is also called as working capital finance as in this company hold the
responsibility to most effectively maintain funds as per in accordance with task need. With the
support of this company could most effectively capable to make sure their functioning in well
most effective manner. Mentioned below there are some certain form short term resources of
finances that could be undertaken by Zylla as to accomplish organisational goals and well as
objectives in well deterrmined manner.
Trade creditors: It is understand as most important finance resource within that buying
of things is being done from suppliers without any from of immediate payment. With the aid of
this Zylla could most effectively capable to accomplish organisational goals. Along with that,
enterprise cab accomplish their working capital needs and short term financial needs in well
determined manner.
Bill Discounting: With the aid of this from of resource of finance Zylla could most
effectively capable to accomplish their working capital need in best and most effective way on
regular basis. Within this, discounting bill, seller receive the amount of sale from the
intermediate before it's due date. So the intermediate charge the fee to this service.
Factoring: In this form of resource of finance financial transaction basically undertakes
among the third party and owner. With the support of this instead cash could be acquired by
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enterprise as to most effectively accomplish their daily basis activities in well determined time
frame.
Long term source: It basically include tools that become mutual with a year and further more it
include the public and private funding and properly gets 1 year or more than that to pay.
Mentioned below there are different kinds of long term resources:
Owners saving: This form of funds are those that are being invested by individual or
group in the business of sole trading or partnership. In this individuals invest their own money as
to accomplish organisational needs. In relation with company invested capital is properly called
as share capital. With the support of this long term finance resource Zylla could accomplish their
activities in well determined manner.
Bank loan: In order to accomplish working capital need company acquire funds from
bank in the form of long. They basically undertake large base of funds to long period of time as
to accomplish organisational objectives in a well determined manner. With the support of this
mode Zylla could most effectively capable to accomplish their working capital needs in best
most effective manner.
Debenture: This is basically understand as corporate finance within that an enterprise
borrow funds at a fixed rate and Further more pay interest on it. It is also one of the most most
effective long term resource of finance with the support of that Zylla could make sure most
effective accomplishment of their organisational activities in well determined manner.
2. methods of investment appraisal
Investment appraisal is determined as collection of methods that utilised by the business
to recognise the attractiveness of investments (Johnson, Pfeiffer and Schneider, 2013). The main
aim of investment appraisal is to evaluate the expediency of particularly every project,
programme of portfolio decision and generates value. In the relation of Zylla company use
different kinds methods to the project assessment.
Payback Period (PP): It is basically referred to as the period which basically needed to
recover first incurring cost of investment. It have been recognized that lower payback period is
being undertaken as it accordingly states to be most effective to enterprise.
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Net present value (NPV): It is basically the deviation of current value of cash outflow or
current value of cash inflow. With the support of this company could most effectively capable to
measure their current value after investment.
Internal Rate of Return (IRR): It is basically understand as an interest rate within that all
the cash flow of net present value is equal to zero. This is basically undertaken to most effective
assessment that properly delivers material weather project states to be most effective to company
or not.
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= 1.49 years.
CONCLUSION
As per the above mentioned project report, it have been concluded that with the support
of long term and short term resource of finance company could most effectively be capable to
accomplish their finance needs in the best most effective manner. It is essential to an company to
properly maintain working capital that are needed on daily basis as to most effectively execute
structural function in well determined manner. With the most effective identification of financial
resources company could make sure smooth and most effective functioning of organisational
activities. Further more this project report include methods of investment appraisals with the
support of that manager of enterprise could make sure that project is most effective or not. With
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the aid of the company could most effectively capable to make sure high success and
productivity along with satisfying and completing task in proper framework of given time.
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REFERENCES
Books & Journals
Andor, G., Mohanty, S. K. and Toth, T., 2015. Capital budgeting practices: A survey of Central
and Eastern European firms. Emerging Markets Review. 23. pp.148-172.
Johnson, N. B., Pfeiffer, T. and Schneider, G., 2013. Multistage capital budgeting to shared
investments. Management Science. 59(5). pp.1213-1228.
Kafuku, J. M., Saman, M. Z. M., Sharif, S. and Zakuan, N., 2015. Investment decision issues
from remanufacturing system perspective: literature review and Further more
research. Procedia CIRP. 26. pp.589-594.
Laird, J. J. and Venables, A. J., 2017. Transport investment and economic performance: A
framework to project appraisal. Transport Policy. 56. pp.1-11.
Singh, S., Jain, P. K. and Yadav, S. S., 2012. Capital budgeting decisions: evidence from
India. Journal of Advances in Management Research. 9(1). pp.96-112.
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