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PESTLE Analysis for Tesco Discusses Its Business Environment

   

Added on  2020-10-22

11 Pages3099 Words327 Views
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Table of ContentsINTRODUCTION................................................................................................................................3TASK....................................................................................................................................................31. Examine how TESCO company is structured and governed.......................................................32. Discussed importance of PESTEL and effects of external factors environment on Tesco .........6CONCLUSION ...................................................................................................................................6REFERENCES.....................................................................................................................................6

INTRODUCTIONBusiness environment reflect the external and internal element that impact organisation functions. These both factors affect customers and employees management. Supplying products andservices to client according to their demand. All these process are called business environment. Supplier and customers are included in this environment. Legal activity of government can help organisation to grow successfully. It is very important in company, because it helps in improving there performance at every stage (Harper, 2015). TESCO is public limited company, it is a British international grocery and general product retailer. They established their headquarter in Welwyn garden city, England and UK successfully. It is measured as third biggest retailer industry in the world. TESCO is owned by many partners in business because it is a private limited company. In this unit it explains the structure of organisation and its management process governed by the government. Also describe the effects of external and internal factors of the company. TASK1. Examine how TESCO company is structured and governedStructure of TESCO: this company follow the hierarchical structure, it focused on every department in business. The main purpose of using this structure is to mange overall work in large company which has many layers of work performance. TESCO is a British multinational retailer industry, they used hierarchical structure to achieve business objectives and aims of organisation (Hoch, and Kozlowski, 2014). Its very large size firm within many levels of departments.Source: Tesco's Board and Executive Committee. 2018In structure it divided position into various parts to assure that work has completed smoothly and Illustration 1: TESCO board structure

efficiently in company. Firm is constructed in 5 administrative by board reports. Dave lewis is the CEO of company, he leads 11 members of TESCO committee. In company there are few changes has around the work area consists by their board of directors with 10 members. These all changes incommittee include that Johan Allan is newly appointed as Chairman of board and also it includes new three non executive directors in company. In the year 2014-2015 there are some changes in board at their financial time period. According to this structure the organisation divided departmentas store level. In this stage the management of store make effective collaboration and coordination between their managers (Hunter, 2017). They can easily mange the overall work in firm. It makes flexibility in their performance which helps to increase flow of information. In this structure of organisation both level are stay connected with each other for the purpose of transferring basic data at each and every stage of management. All the level play there important role at workplace. Within different strategy and planning for achieving business goals and objectives. Regional manager instruct store leader about all information of company, after that process between them store manager lead 3 management levels under these structure such as food trading manager, personnel manager and non food trading manger. They all are work for company but with different style and functions. Illustration 2: TESCO hierarchical structure Source: Organisational Structure of Tesco. 2016There role is to mange trading work or motivating their employees for performing there level best. High performance work impact on company productivity, growth and also in business

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