Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Question 3: Green agenda and Business environment................................................................3 Question 4: Career Planning.......................................................................................................4 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION The below essay explores the business environment and the changes which impact it. The report explores the impact of external world on the decision making of a business. The chosen organisationfortheessayisTesco.ItisaBritishMultinationalgroceriesandgeneral merchandise retailer headquartered in Welwyn Garden City, United Kingdom(Seinfeld and Pandis, 2016). The report further explores individual career planning and the decisions made in order to achieve growth and success in that particular field of career. MAIN BODY Question 3: Green agenda and Business environment Today, it can be seen as the businesses across the world are facing large issues in greening their operations because of the issues of climate change and global warming. These are one of the major issues being faced by the world. Global warming is increasing because of the large usage of crude oil, pollution, and carelessness of the people across the world. This is causing a rise in temperatures, and making people suffer. In order to solve the issue the Paris Climate Agreement, 2016 was brought into practice by the government of France. In order to ensure a better and sustainable environment practice countries across the world had to agree on the terms being set in order to achieve sustainable practices and greening the environment. Companies such as United Kingdom agreed on the Paris Climate Agreement, 2016 in order to achieve and ensure better sustainability. Tesco is one of the largest organisations thriving into the business environment of United Kingdom. The company and its services are impacted on a wide range after the agreement was brought into practice. Such as the organisation has to take effective measures in order to maintain sustainability in its manufactured products and services.For example, after the implication of Paris Climate agreement, the organisation immediately banned its usage of plastic in large quantities(Edenhofer, 2015). It also started maintaining greenery around the organisational environment and started making use of services which can ensure the practices of sustainability and green environment. Below mentioned are the ways in which Tesco 's business is effected by Climate Change:ï‚·Capital Expenditures Required for Emission Controls Systems:Tesco has to consider installing emission control systems in order to control pollution. It is important for the company to deal with emissions which they are leaving in the environment because these emissions are the only reasons making the environment suffer from air pollution and
making the oxygen toxic. Along with it, the emissions which Tesco leaves in the environment impacts the health of the people living in the surrounding areas as well. These expenditures are costing a lot to the organisation because Tesco is having its manufacturing plants all across the United Kingdom. Setting up emission control systems at all of its plants is proving very expensive for the company. Along with it, the organisation has to bring new workforce and effective controlling procedures into practice in order to ensure the proper working of these emissions control systems. ï‚·Changing prices of goods and services:Organisations have to suffer from changing prices of good and services from the issue of Climate Change.For example, when a company such as Tescodo not produce much pollution may be indirectly affected by climate change laws since their suppliers and/or customers may be affected. This creates achangeinpricesofthegoodsandservicesproducedormanufacturedbythe organisation (Crate and Nuttall, 2016). It is important that the organisation evaluates the necessary prices of the products and services which are being brought from the suppliers and manufacturers. It is going to help the organisation to understand in what manner they should bargain from these customers and suppliers in order to ensure better growth and advantage. It is important that the organisation develops its products and services according to the sustainable demands and set climate needs. These efforts can reduce the impact which Tesco is facing in order to achieve set growth and profitability. The above factors explain in what ways the Tesco's products and services are being impacted by the climate change. Other major ways in which climate change in impacting the organisation's includes potential domestic cap and trade legislation, changing weather patterns, changing demands of goods and services, the obligations under the Kyoto Protocol, or the European Union Emission Trading Scheme along with other foreign regulations, changing public perceptions of the firms, etc. Question 4: Career Planning I am marketing graduate and would like to choose a career in marketing and sales in the marketingindustry.Thereasonbehindchoosingthispathofcareeristhatithelpsto communicate companies offerings to its public, clients, consumers etc. I would be having an opportunity to developing myself as individual with new skills and going to improve my overall personality personally of professionally. Other important reason behind choosing this career line
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is because businesses across the world today are in a need of marketing in order to maximize their business activities and achieve set growth and advantage they need efficient marketing individuals. I like being both creative and professional. The marketing industry is going to allow me in becoming professional person and a creative individual as well. It is going to help me develop creativity skills in form of advertising and promotion. Digital marketing has today made it easy for businesses across the world to advertise and promote its products and services (Shaw, 2016). It is important for the organisations across the world to promote their products and services online and digital marketing has allowed them to do this with an ease. It has impacted my chosen career of marketing in a variety of ways because now marketing has found new ways and technologies to promote their products and services. The arrival of social media and internet has provided the marketing industry with new methods and digital marketing is one of such ways. Digital marketing has increased the availability of the businesses to their customers. This has made business to hire digital marketing practices in order to achieve growth and development and ensure better profitability as well. The marketing industry has seen a large demand of individuals skilled in digital marketing practices by the organisations across the world. The two major roles of Human Resource in marketing industry includes hiring and recruiting of skilled and knowledgeable individuals and providing effective training to them as pertheorganisationalsetstandardsanddevelopments.Hiringandrecruitingofskilled individuals is important in marketing industry as the industry thrives on professionalism and selling and buying or products and services. An in-effective individual can face troubles in maintaining efficiency of these activities and ensuring proper growth and development this can impact the marketing industry and the organisation for which it is performing its marketing operations both. Other important aspect of human resource is providing effective training to the individuals (Hayami and Kawagoe, 2016). These trainings can help individuals in their personal growth and advantage both. The legal department plays a crucial role in marketing industry. The department tends to work closely with the businesses on many varying levels. The legal departments within a business and marketing industry both tends to prevent and maintain any arising legal issues. Along with it, the department solves the disputes happening within the marketing practices being
held in the organisational environment. Also, it provides an ease to the marketing departments and individuals working in the marketing departments across the world to manage their businesses and activities successfully. In the industry of marketing, the progression prospects which I am having includes raising myself to the level of being a successful marketing executive in the next 5 years. It is important for me to keep improving myself by advancing into new skills and developments. It can help me in growing rapidly as a marketing individual and achieve desired set of success and growth and develop new advancements. The growth which I am seeking in the marketing industry from initial stage is to be a marketing associate for a retail organisation. I will grow myself with new set of skills and developments and would learn new things constantly. These skills and achievements can help me in growing step by step in the industry and achieve set individual growth. Along with it, it can make me a better individual in improving my professional and personal life along (Ding, Eliashberg and Stremersch, 2016). Marketing industry has seen to transform individuals in gaining new growth and development and ensures development of an individual to the international industry standards. I believe I am going to achieve the same from the marketing industry. CONCLUSION The below essay explores the business environment of Tesco. It explains what difficulties the firm is facing in managing its operations smoothly in the organisation and what is making its achieve set growth and advantage in the current organisational scenario. The findings of the report asserts that the organisation tends to make use of various strategies in order to gain and achieve required growth. Later the report identifies what important aspects the organisation makes use of while dealing with the issue of climate change and globalisation. The all factors are addressed in the report and proper remarks are made as per the present organisational scenario.
REFERENCES Books and Journals Crate, S. A. and Nuttall, M. eds., 2016.Anthropology and climate change: from encounters to actions. Routledge. Ding,M.,Eliashberg,J.andStremersch,S.,2016.Innovationandmarketinginthe pharmaceutical industry. SPRINGER-VERLAG NEW YORK. Edenhofer,O.ed.,2015.Climatechange2014:mitigationofclimatechange(Vol.3). Cambridge University Press. Hayami, Y. and Kawagoe, T., 2016.The agrarian origins of commerce and industry: a study of peasant marketing in Indonesia. Springer. Seinfeld, J. H. and Pandis, S. N., 2016.Atmospheric chemistry and physics: from air pollution to climate change. John Wiley & Sons. Shaw, S., 2016.Airline marketing and management. Routledge.