Business and the Business Environment Report: Unit 1 Analysis 2020-21

This report provides a comprehensive analysis of the business environment, exploring various types of organizations, including public, private, and voluntary companies, along with their respective legal structures and scopes. It delves into the relationships between organizational functions such as production, finance, marketing, sales, and human resources, and how these functions are linked to the overall objectives and structure of a business, using Tesco as a case study. The report examines the positive and negative impacts of the macro environment, utilizing PESTLE analysis to assess political, economic, social, technological, legal, and environmental factors. Furthermore, it assesses internal strengths and weaknesses, and their interrelation with external macro factors, providing insights into how these elements influence business performance and strategic decision-making. The report aims to provide a thorough understanding of the business environment and its impact on organizational success.

Unit 1 Business and The
Business Environment

TABLE OF CONTENT
INTRODUCTION.....................................................................................................................................3
LO1.............................................................................................................................................................4
P1 Types of organizations and legal structure.........................................................................................4
P2 Size and scope of various organizations.............................................................................................5
LO2.............................................................................................................................................................6
P3 Relationships of organization functions and their link to objectives and structure.............................6
LO3.............................................................................................................................................................7
P4 Positive and negative impacts of macro environment.........................................................................7
LO4.............................................................................................................................................................9
P5 Internal analysis and identification of strengths and weaknesses........................................................9
P6 Strengths and weaknesses interrelation with external macro factors................................................10
CONCLUSON.....................................................................................................................................12
REFERNCES...........................................................................................................................................13

INTRODUCTION
Business environment can be understood to be widely expanded among varied
competitive aspects on global scenarios where report will be analyzing various types of
organizations based on size, functional role and scope. The study further will be analyzing
discussion on new working operational metrics where there is new scale innovation worked on
for framing higher competitive domains worked on. The report shall be focusing on
interrelationship between departments functions, and how they develop stronger reach among
wider long term goals of profitability and new goodwill metrics. The study shall be discussing
internal and external factors of business environment for bringing larger scale profound diversity
among working horizons. Study shall be also discussing new domains of interrelationship within
internal and external factors, for enhancing larger vision perspectives on commercial potential
aspects. The report shall be also analyzing new functional metrics of provident areas for keen
functional strengths arenas on which keeping active diversity within production goals, where
companies have been actively focusing on new dynamic scope horizons.

LO1
P1 Types of organizations and legal structure
There are various types of organizations which can be segregated into working horizons
and new functional aspects for keeping up informative diversity alive within varied aspects into
competitive domains. Within competitive global business industry there are various companies
coming on within business culture aspects for creating informative diversity, to pertain high
quality functional metrics and also to form stronger range of products and services (Belás,
Belás and Rózsa, 2019).
Public companies
The public companies are widely organized with high range of capital structure aspects
on which there are larger aspects of capital structure widely formed on which larger number of
people can invest shares, as they are listed on stock market for further investments. The public
companies have been also identified to be widely focused on enhancing competitive strengths
within products and services range, as wider competitive reach is formed on. The public
companies however do not allow outsiders or any shareholder to further take any active decision
among company operational decisions where there have been varied new growth competencies
an analyzed. The public companies are also owned by authorities under government which
makes legal structure dominated by only legal corporation bodies and enhanced focus on capital
and revenue scenarios. Tesco is one of the biggest public company within retail industry having
varied range of products and services expanded among varied range of new capital investments
and informative diversity aspects.
Private companies
The private companies are private shareholders owned body by large competent bodies
where shares are contributed within capital investments by them, and they have whole focus on
taking active decisions among company working operations which enable wider growth among
successful horizons. The private companies are widely focused on attaining profits within
revenue goals and to form consumer’s goodwill among products, services within longer time
frame for availing higher informative diversity parameters. It can be also analyzed that the
private companies have high focus on capital structure development within varied working

aspects on larger scale paradigms which enhance larger targets at business horizons. The legal
structure is private and shareholders have the only authority within business operations, IKEA is
one of the biggest private company having wide reach among global aspects and also bringing
on wide range of products and services.
Voluntary companies
The voluntary companies are organizations whose function is to enhance working aspects
and living scenarios of people living on among varied domains where there is new effective goal
functioning formed on. The voluntary companies have stronger focus to bring cost free services
for people to enhance their living scenarios and also potentially form informative functional pace
within developing new range of services. The voluntary companies are widely developed based
on providing cost free services to people and also functionally bring on potential targets widely
among global paradigms. British Red Cross if one of the biggest voluntary company of UK,
where it has been bringing on varied range of functional services for people (Al-Khasawneh,
2020).
P2 Size and scope of various organizations
The size and scope of various organizations have high role of importance for business
competitive analysis within business industry globally where there are varied new competencies
analyzed which creates profound work growth synergy, on larger arenas and for further
determining horizons building pace.
 The public companies have wide range of capital structure which significantly develops
varied new functional scope for enriching consumers focused products and services on
business avenues, also public companies size has significant impact for larger scope
efficacy within varied domains. The public companies are also profoundly stringently
working ahead on building diverse range of products and services, for functional strength
and dynamic growth within new domains. It can be also analyzed that UK has around 3.5
million sole proprietorships (69%) in the UK at the start of 2019, 405,000 partnerships
(7%), and 2 million limited companies (34%). Out of the 2 million actively trading
limited companies in the UK (2019), around 990,000 were employers, whereas
891,000 companies were not. number of public companies (Crudu, 2019).

 The private companies are wide range of focus on developing higher informative goals
profoundly focused on innovation parameters, where shareholders has the role to take all
decisions and there are no shares listing done which however make the scope limited
among working horizons. The private companies also are capital enlarge and profoundly
competent to bring on best quest metrics for technical strength diversity, scaling business
objectives on expansion and also to potentially work on keen paradigms within industry
efficacy profoundly. UK has -5.2 million private sector businesses in England, 334,000
in Scotland, 222,000 in Wales, and 124,000 in Northern Ireland, accounting for 35% of
the UK business population. The private companies are keenly evolving on new
paradigms of industry growth avenues and also to enhance new scope horizons for
technical growth operational metrics.
 The voluntary companies scope is limited due to less capital investments pooled on and
limited functional consumers market reach where there has been varied lack of
innovation and functional strengths within business goals profoundly. The voluntary
companies are also diversely focused on enhancing people living standards by providing
them cost free services, also to keenly focus on new functional competent informatively.
The voluntary companies are widely formed on ethical reach of services and also to
potentially bring on wider domains growth among operations for consumer’s services
satisfaction (Fuciu, 2019).
LO2
P3 Relationships of organization functions and their link to objectives and structure
The relationships of organization functions and their link to larger working objectives and
structure can be identified as widely essential where there are varied new growth parameters
profoundly working on among business enhanced vision. Stronger formation of organization
functions bring on competitive diversity and also technically evolve on keen parameters of
revenue growth and consumer goodwill. TESCO as one of the biggest public company focus on
developing stringent innovation within organizational functions and link them to higher profits,
which can be analyzed as follows (Luiz, Ganson and Wennmann, 2019).
 Production and finance: The production department function is widely correlated with
research and technology investments for bringing on varied reach of large resources, up

scaling capital to form competitive domains within products and services. It can be also
analyzed that production and finance departments interrelation have dynamic determinant
role to play among business avenues, for scaling its larger new products and services.
Tesco has been profoundly focusing on expansion of production and finance functional
role efficacy where stronger work performance enhances vision, long term scale growth
diversity and also to form larger new dynamic growth.
 Marketing and sales: The interrelationship between marketing and sales departments can
be also analyzed as one of the widely dynamic and competitive aspect which enables
business domains to actively be diversified within new horizons It can be also analyzed
that by focusing on marketing and sales role companies are widely focusing on enriching
consumers oriented services within new quest goals. There has been constant diversity
demanded within digital marketing parameters of retail industry where there are new
range of functional innovation coming on by TESCO. By bringing on innovation within
marketing and promotion through digital platforms TESCO aims to be profoundly
moving ahead within retail competitive aspects and also to leverage higher functional role
of efficacy among new developed scenarios.
 Human resource and finance: The prominent role if of HR department to train all
employees with best skills informatively and also diverse range of dynamic services
competitively for enhancing vision perspectives widely. Finance and human resources
have dynamic working efficacy where finance department plays the role of further
investment planning and operational paradigms for quick evolution of new market
synergy, keeping workforce motivated and also keenly evolving on new arenas of wider
efficacy on larger horizons. Tesco by building stringent focus within diverse HR
parameters and finance functional scale growth aims to be competent, also keenly be
technically varied within business horizons (Gaganis,, Pasiouras and Voulgari, 2019).
.
LO3
P4 Positive and negative impacts of macro environment
The macro business environment can be understood to be widely dynamic and highly
growing within competent range of functional horizons where there are varied new competent

paradigms developed on. There are various positive as well as negative aspects of macro
business environment which shall be analyzed by focusing on informative growth goals, and by
using PETSLE analysis. Pestle analysis tool will enable to gain deeper insights on new
competitive domains where TESCO has to widely focus on for potentially entering on wider
domains of functional strength, higher efficacy among market domains and also how TESCO
aims to focus on larger new arenas within public competitive industry:
 Political factors: Tesco with varied range of global expansion has to actively focus on
political stability factors within varied countries scenarios for upgrading its diverse range
of larger productive services and enhanced goodwill, revenue targets informatively. With
BREXIT implementation the imports, exports of TESCO has been widely impacted
where there shall be further strategic development formed to be widely competitive and
also form higher technical role with rising tax prices, interest rates. The political growth
efficacy shall be strategically planned by TESCO for more informative functional reach
among consumers.
 Economic factors: The range of economic scenarios among countries business growth
has strong role to play among business efficacy goals where the economic stability and
strategic vision formulation among wider long term reach is highly essential for business
competitive domains where TESCO aims to potentially focus actively. The economic
strength plays large role to develop competitive role for keeping up new functional
strength diversity and also productively bring on competent informative growth goals
(Newman,, Tarp and Trifkovic, 2020).
 Social factors: The new consumer’s preferences shall be analyzed to bring on wider
innovation among consumers advanced efficacy standards, where new profound
functional growth shall be competitively framed on. The social factors are also
competently stronger within informative dynamic industry goals on which TESCO has
business expansion opportunities further and also larger new domains goals reach. The
social factors are widely essential for higher informative growth goals of goodwill rise
and wider revenue targets within business horizons. Technological factors: There shall be also competitive rise on technology grounds
investments by larger investments building on among keen targets, where new innovation
scale and goodwill can be profoundly enhanced. Technology factors have wide active

functional strength to be played on among new informative scale efficacy and higher kern
growth among corporate scenarios actively. Legal factors: The legal factors can be also analyzed as highly strong and widely
functional for keeping up targets at frame and to keep up new informative scale diversity
among business horizons for leveraging wider keen scenarios where legal factors
compliance shall be done. Tesco shall also competitively focus on legal strength
development where there are new domains to be enriched, for active functional scale
efficacy and keen profound scale growth which enables business to be competently
stronger further. Environment factors: The new profound focus on CSR activities and environment
factors enable business to widely expand on new horizons of market reach, and
potentially determine new scale efficacy profoundly which brings on leveraging goals
diversity. It bring on wider focus on building environment strength among consume, also
competitively focus for consumers enhanced vision widely among new horizons which is
positive strength within macro business environment impacting TESCO further on larger
domains.
LO4
P5 Internal analysis and identification of strengths and weaknesses
The internal analysis and identification of strengths, weaknesses enable business
development widely where there are varied parameters of innovation competencies worked on
for bringing on keen efficacy within longer time frame and also to evaluate larger ne innovation
actively. SWOT analysis is widely essential for generating in depth analysis within working
parameters for framing higher profound new goals productively:
 Strengths: The internal strengths of TESCO is based on working domains where quality
of products and services are stronger focused on dynamic innovation formation, to
productively excel on larger informative grounds and also scaling up products range
widely. The capital of TESCO is also one of the strength which will enable profound
growth efficacy to be worked on and also enhance competitive strength on new domains
among competitive aspects. This has been found to be widely enabling business

competencies to be worked on strongly for larger new profound functional scale goals
profoundly. The strength of informative goals within management has also been found
to be one of the strength, by which new potentialities can be exercised further for
keeping up informative scale profoundly active on commercial growth aspects (Sinha,
2020).
 Weakness: There is weakness of larger new competitive domains coming on within
global retail industry on which there is higher demand of larger scale competencies
worked on, where there shall be profound growth worked on. Innovation is less among
products and services, where there is less focus on consumer’s preference services and
products variably, also the new competitive factors coming on to be informatively active
and also pertaining higher revenue targets. This has been impacting negatively on
business aspects where there are varied new demands coming on among larger profound
goals variably and also focus for bringing on dynamic goodwill profoundly.
 Opportunities: There is further business opportunity to bring on news scale competencies
within business efficacy goals for wider new innovation scale goals completion, also to
form higher strategic investments to be active on larger scale primitive paradigms. There
is larger scale business opportunity to bring on strategic vision actively among larger
competitive scenarios on which innovative goods and services shall be formed on
further. It can be also an analyzed that there is keen active opportunity for also using
digital platforms for wider consumer’s market reach and also promoting new keen
parameters for keen active goodwill goals (Ślusarczyk. and UL HAQUE, 2019).
 Threats: TESCO faces threat from internal less skilled employees and less technical
working standards within varied domains of production goals and new informative
profound larger new innovations are lacking majorly. It can be also analyzed that TESCO
has large scale external business competitive scenarios raising larger new innovation
scale efficacy where there is differing paradigm among company present working culture.
Also the old scale technical standards are hindering growth efficacy widely for keeping
up the connective growth among keen parameters, where there shall be larger focus
developed on to be kept on further for emerging scenarios at development.

P6 Strengths and weaknesses interrelation with external macro factors
The internal strengths, weakness of companies working abilities have high diverse
interrelationship reach among working metrics for keeping new scale active on larger grounds
and new profound work growth goals to be competitively active on larger grounds (Vo, X.V.,
Nguyen and Vu, 2020). Strengths and weakness of TESCO shall be planned further for bringing
on external macro factors strengths, dynamic working reach among consumers and also
functionally be prominent among new competitive efficacy goals widely. The vision oriented
efficacy to keep up strengths and weakness widely correlated among external macro factors
bring on new scale technical growth goals, revenue targets and goodwill horizons.
 TESCO strengths of larger capital structure and goodwill among consumers shall be used
to expand further among new scale innovation, higher scale efficacy among innovation of
products and services and also to yield active strength for building larger new profound
work growth aspects. This factor will enable external competitive demands within
industry to be addressed strategically where there are varied new competencies worked
on which will enable business to enhance its reach. There is also wider business
expansion required within digital platforms by using larger scale goal innovation and also
form larger working domains innovation actively. It can be also analyzed that TESCO
shall also use management strength to work on training employees with new skills
profoundly among varied domains and form potential growth operational efficacy
aspects, to keep up active diversity among parameters. The external abilities shall be
competitively formed on among keen aspects for technical innovation and profound work
growth goals development within new horizons, also to essentially form informative
growth aspects to be evaluated further among competitive paradigms (Ślusarczyk and UL
HAQUE,2019).
 TESCO facing weakness within business domains in internal structure where there is
wide lack of innovation among working paradigms of products and services shall be
developed on further by bringing on new range of larger goals profoundly. There shall be
usage of capital to strategically build on wider productive efficacy among innovation
horizons, building on commercial worth for acknowledging larger functional growth
goals productively. There shall be further development on untapped arenas for
commercial growth diversity for keeping up targets widely expanded among new

horizons, also to form informative goals productively by forming informative growth on
longer scale profoundly. There shall be stringer vision functionally worked on for
evolving on management horizons and targets profoundly for up scaling larger goals
actively among business domains strongly. It can be also analyzed that TESCO has
varied new competencies within global retail industry on which larger new innovation
shall be analyzed among new profound metrics to evolve on commercial competitive
aspects (Starinov, Tseveleva and Pershina, 2020).
The above discussed factors bring on varied domains of large essential role of
interrelationship between strengths, weakness with the varied external business parameters
where TESCO has varied new goals widely to be optimistic on bringing new range of products
and services. There shall be stronger vision developed on among productive diversity of
technology efficacy for keeping up innovation active competitively, also upscale targets
providently which will enhance vision and working scenarios within new horizons actively.
CONCLUSON
The report has concluded detailed aspects of varied types of organizations which are
private company, public company and voluntary companies where public companies are widely
expanded among consumer’s market reach and shares being open for public to invest in. Private
companies do not put on shares among public and only shareholders have right to take decision
and voluntary companies are organizations where services are free of cost for enhancing larger
living standards for people. The report has concluded varied interrelationships between
departments of company and their impact on overall goals for revenue and growth of goodwill.
The study has also concluded external analysis and internal analysis factors and its impact on
TESCO (Public company), for bringing on keen new goals innovation and upgrading larger scale
efficacy for stronger goodwill standards within competitive retail industry domains. The study
has also concluded detailed analysis of interrelationship between companies internal and external
business aspects, for technical growth goals and larger new innovation demanded among retail
industry operations. The study has concluded business context functional growth diversity within
various companies based on size, scope and working avenues productively having varied range
of new profound impacts on revenue targets within business diversity aspects (Syazali,Putra and
Jermsittiparsert, 2019).