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Governance and Structure of Ocado Group: A PESTLE Analysis

   

Added on  2023-06-08

10 Pages2528 Words396 Views
Business Environment
Governance and Structure of Ocado Group: A PESTLE Analysis_1
Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Discuss how the selected company is governed and structured..................................................3
PESTLE analysis.........................................................................................................................5
Recommendations on how they can improve decision-making in their company......................6
What are the ethical implications of decision-making in their company?...................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
Governance and Structure of Ocado Group: A PESTLE Analysis_2
INTRODUCTION
. The environment of the business is known to be the set of several external as well as internal
things which are supply demand, customers, investors, competitors and various more. This also
involves every type of component that might influence the activities of the business as well as
operations effectively and efficiently. As for the functioning of the business, it is very crucial to
evaluate the environment of the business end and make some plan of action in accordance with
that only. In addition, this environment of the business is useful in accordance with detecting the
external potential opportunities and creating the effectual utilization of all the resources and
planning to better the entire performance of the business as well. Moreover, this environment of
the business is a set of several different macros as well as microelements that require to evaluate
over a specific time in accordance to detect the potential growth and success opportunities in the
market area for the commercial businesses (Nusratovich, and Usmonkhan, 2022). The
following report is based on the Ocado group which is known to be the British multinational
organization that licenses the grocery technology situated in the Hatfield United Kingdom. In
addition to this, the following report will cover a brief examination of the environment in which
the commercial businesses functioning and specific structure of the respective organization is
also been described in the explained way together with the importance of the PESTLE
framework. Furthermore, the external atmosphere of the commercial businesses will be
evaluated with the assistance of this framework as well.
TASK
Discuss how the selected company is governed and structured
Overview of the company: Ocado group is known to be a well-recognised multinational
organization from Britain which is having its headquarters in Hatfield United Kingdom. In
addition to this organization focus on offering grocery technology to their consumer base and
also several related services across the world. The respective organization was founded in the
year 2000 and month April and it was also founded by Jonathan Faiman, Tim Steiner and Jason
ghising. And the organization was introduced in January 2000 as the idea which initiated trading
as a commercial business with the partnership of Waitrose in the year 2000 (Mozumdar, and
Governance and Structure of Ocado Group: A PESTLE Analysis_3

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