Report On Tesco Plc - Factors & Aspects For Organizational Development

Added on -2020-02-05

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How Business Operate
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3QUESTION 1..................................................................................................................................3QUESTION 2..................................................................................................................................4QUESTION 3..................................................................................................................................5QUESTION 4..................................................................................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTION In this report, it will talk about the factors and the aspects which are required to developthe organization. It helps in building understanding regarding the public sector organization aswell as product life cycle. Further, it emphasize on difference between leadership and themanagement. QUESTION 1There are different types of organization whose purpose and aims are different. Basically,there are three types of organization which are private, public a, non- profit organization. Publiclimited company is the organization under the UK company law. These companies share arefreely sold and traded to the public (Sealy and Worthington, 2013). Besides this, the main goal ofthis company is to maximize the shareholder value. Examples of PLC are Tesco which is aBritish retailer. The advantages of PLC are as follows: The organization is the separate legal entityThe company continues if any of the stakeholder diePLC has the benefit that they without any difficulty can borrow funds from banks. Disadvantages are as follows: There are several rules and regulations which are required to be followThere is no specific control on the business.Profits sharing ratio is more. There are several advantages which are attached to Tesco as it is counted as the separateentity from its shareholders. They have main role in the business but if one of the stakeholdersdie than all other can continue. In this case, the profit sharing ratio as well as liability will bechanged. As it is the public organization, Tesco sells its food products as well as the grocery inthe minimum rate which is affordable by the consumers (Davies, 2010). This is advantageous forthe public. Besides this, the main benefit of PLC is that they can borrow funds from the bankeasily. As in the competitive environment, regular funds are required by the organization to

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