Business Management and Business Environment: A Comprehensive Report

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This report provides a detailed analysis of various types of organizations, differentiating between profit and non-profit models and their operational strategies. It explores the business purpose of supply chains, highlighting the integration of retail transactions and the role of technology in the competitive digital sector. The report includes a case study of Tesco, examining micro and macro factors, PESTEL analysis, and a SWOT analysis to assess its strengths, weaknesses, opportunities, and threats. Recommendations are provided based on the analysis. The report also discusses the role of public and non-profit organizations, emphasizing their distinct legal structures and objectives. Finally, the report explores the business purpose of supplying goods and services and the importance of effective supply chain management.
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Running Head: BUSINESS MANAGEMENT AND BUSINESS ENVIRONMENT
Business Management and Business Environment
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1BUSINESS MANAGEMENT AND BUSINESS ENVIRONMENT
Table of Contents
Different Types of Organizations....................................................................................................2
Examples of Public Non Profit Organizations.................................................................................4
Business Purpose of the Supply of Goods and Services in the Organization..................................5
Case Study of Tesco........................................................................................................................8
Micro and the Macro Factors.......................................................................................................8
Pestel Analysis.............................................................................................................................9
Political Factors:......................................................................................................................9
Economic Factors....................................................................................................................9
Social Factors.........................................................................................................................10
Technological Factors............................................................................................................10
Legal Factors.........................................................................................................................11
SWOT Analysis.........................................................................................................................11
Tesco’s Strengths...................................................................................................................11
Tesco’s Weakness..................................................................................................................12
Tesco’s Opportunities............................................................................................................12
Tesco’s Threats......................................................................................................................13
Recommendation...........................................................................................................................14
Conclusion.....................................................................................................................................14
References......................................................................................................................................15
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2BUSINESS MANAGEMENT AND BUSINESS ENVIRONMENT
Different Types of Organizations
The different profit and the nonprofit organizations will vary in great extent in some of
the most important aspects of the operational strategy that will definitely impact the overall
purpose of the existence of these organizations. The main aim of the nonprofit organizations
operating in the market will be able to maximize the profit structure and will be able to forward
these volume of profits for the owners of the company and the other shareholders in the market.
In place of maximizing the various profits in the market structure. This will also refer to the
maximization of the revenue structure by minimizing the cost volume as they will be ensured
with the greater volumes of the revenue structure that will be greater than the volume of the costs
incurred by the organizations (Grundy 2017).
There are however basic differences between the profit and the nonprofit organizations
that involves the various technical areas that will be worth mentioning in the context of the other
organizations and the basic purpose of the functioning. The various nonprofit organizations are
responsible for the payment of the taxes that will be based on the net income. The other nonprofit
organizations function with the main goal to make the globe an allover a better place in this
particular manner and invest the required time. The different income statement of the nonprofit
organizations will however provide with the donors the general public statement of the different
activities that will include the various revenues and the other expenses that are incurred in
addition to the plus assets of the organization (Willer 2016).
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3BUSINESS MANAGEMENT AND BUSINESS ENVIRONMENT
The legal structure of the governmental and the non-governmental organizations are
engaged with the different diversity of the activities that will be aimed at the protection and the
promotion of the varied interests of the different people. The NGOs will state the independent
structure of the voluntary groups that will work towards the various form of the social causes that
also includes the charitable purposes (MAYELLA 2017).
The nonprofit organizations will differ from the other organizations as the aim of the
ventures that will not include the charitable organizations for the generation of the profit
structure. In this context it can be state that there will be a proper prohibition of the income
distribution pattern that will be generated from the working from the different member groups of
the organization. The different types of the organizations will involve the various decision
making process of the different business owners that will determine the type of the organizations
that will be used (Peeroo 2019).
The partnership among the different organizations will be formulated among the different
people of the organizational context. The different consumer goods companies are assigned with
the main tasks of the designing and the production of the different products of the consumers
through a third part initiative. In the context of the supply of the various goods and the services
there are certain instances of the direct consumer retail relations that will be associated with the
existing channels of the distribution mechanism through the various market channels. In all the
above cases the technology plays the most significant role in the competitive digital sector that
will be associated with the various consumer goods and the different services in the
organizational role of the day to day business that will result in the various personalization
patterns in the enforcement of the workforce in the decision making framework that will be the
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4BUSINESS MANAGEMENT AND BUSINESS ENVIRONMENT
cornerstones of the successful functioning of the strategic business studies (Daróczi-Szabó and
Bartosiewicz, 2018).
Examples of Public Non Profit Organizations
Public organizations are generally entrusted with the job role of providing the public
services to the people. The public services can include the various taxation service and the other
forms of the financial transfers from the different levels of the government structure whether it is
a federal or a provincial or a state government structure. The different government structure
employ their own unique methods of the funding of the various forms of the public services. The
examples of public organizations can be the different education institutions like the various
schools and the libraries, the emergency services provided by the various institutions, the fire
service, the law enforcement agencies and the other social sectors that will provide the various
forms of the social services. The various examples of the public company are Google LLC,
Proctor or the Gamble Company, the Chevron Corporation and the F5 Networks.
On the other hand, a nonprofit organization can be referred to as those types of
organizations that are exempted from the tax structure and where the business gets incorporated
from the various shareholders or the number of trustees who will enjoy the different financial
benefits. The nonprofit organizations also enjoy several benefits like the exemption from the
federal structure of the income tax regime, exemption from the federal tax act of employment
and the acceptability of the various contributions that are tax deductible to the various donors.
The various nonprofit organizations are Amnesty International and the Red Cross and the United
Way. The possible eligibility for the local exemption from the taxes is also enjoyed by these
organizations
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Business Purpose of the Supply of Goods and Services in the Organization
There are certain benefits of the business strategy of the supply of the different goods and
services. There are integrated retail transactions of the distribution channel in the business that
will make the product in alignment with the market strategy that will drive the business in the
most faster, smarter and in the most efficient manner. The business form of the supply of the
goods and the services will help the organizations to discover the new, more innovative and the
other meaningful opportunities that will engage the different retailers, the various consumers and
the other supply chain vendors. The business purpose of the supply of the goods and the services
will use the various forms of the data that will create the most responsive form of the
engagement in the various customer experiences that will cross the various channels. There will
also be the resolution mechanism of the different limitations and the other form of the
opportunities that will be absent from the infrastructure with the proper data management
patterns and the other data analytics measure (Park 2017).
The supply management patterns will be in the context of the identification of the
acquiring and the management of the resources and the other suppliers that will be essential for
the certain types of the business operations of the organization. The procurement of the different
supply management that will include the different purchase of the different physical goods and
the information of the various resources and the other resources that will enable the company to
continue the operations and the other growth structure.
In order to analyze the supply management in the different organizations, there should be
a systematic evaluation of the business operations of that particular organization that will result
in the supply management personnel within the domain of the company or the particular
institution. The identification of the different sources and the negotiations for the procurement of
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the service of the good that will be essential for the company along with the ongoing operations
that will be in accordance to the different functional objectives of the organization that will
include the various leaders and the other supervisors of the organization.
The business goal of the organizations will also formulate the various operational
strategies that will be aimed at the development and the maintenance of the different relationship
structure along with the suppliers of that particular organization. The various supply
management considerations within the context of the large corporations that within the domain
of the huge budget and the other workers involved in the organization. However it is very easy to
analyze the supply management functions that will directly affect the consequences of the larger
purchases base that will serve as the most significant tool in the different service oriented firms
(Adewuyi 2016).
The division of the different consumables that is included in the service sector will be
analyzed on the basis of the pure service sector that will remain at the endpoint of the tangible
commodities that will be the various goods and services. The goods and the services will
normally be in the most structural manner in the different settings of the procurement of the
different goods and the services.
The procurement of the different goods and the services can be transferred at an instant
rate while the different goods and the services that will be delivered at that particular time
period. The goods can also be returned while the different services will be delivered. There are
different goods that will not always be tangible and can also remain virtual in this context. The
different forms of the marketing theory will apply the various continuum of the service goods
that will provide the most important concept that will enable the different marketers to observe
the relative goods and the other services of the total products of the composition.
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In the context of the supply management there will be a well-defined vision statement
that will require the vision and the roadmap that will be well written and well communicated
throughout the entire organization. The different strategic processes will involve the different
forms of the understanding of the various products, the insource and the outsource of the various
technological access. The different planning and the support system of the ongoing change about
the development of the consultative skills and the other talent that will lead to the various
information flow along with the intelligence and the measurement of the organization. The
various dynamic organizations that will bring in the various changes that can bring in more
professionals that will analyze the different comparative management that will be effectively
influence the professionals and the various leaders.
The various forms of the transportation will describe the various shipping movements for
the goods among the various passengers over the various distances. The materials of the
management activity of the organization will control the different buying, auditing and the
billing of the common carriers. The business purpose of the different goods and services will
boost up the information framework that will be needed to make the transition in the most
suitable manner (Kim, Hallsworth and Kim 2019).
The different business operators will function from the different websites that will enable
the performers from the relevant consequences various errors and the omissions that will be
seeking the advice of the independent advisors and will enable the organizations to check the
various decisions that will act against the normal business methods and the other practices of the
different businesses. The different procurement services will be committed to deliver the best
procurement services that will be required to ensure the different faculties and the other
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departments to maintain their leaders in the most cost effective and in the ethical manner (Aiello
et.al 2017).
Case Study of Tesco
Micro and the Macro Factors
The organization will involve the different factors of the micro and the macro factors of
Tesco that will determine the business environment of the UK based company that will include
the evaluation of the organization and the strategic choice of the justification of the company’s
various strategies. Technology is the most factor for the determination of the micro and the
macro business factors. The micro and the macro factors generally include the various
hypermarkets. Tesco from the very inception has struggled the performance of the rival firms too
(Chetthamrongchai et.al 2017).The company will depend on the various retail markets for the
generation of the major revenue that will be in the aggregate up to 75%. This will prove to be the
major obstacle for the diversification strategy of Tesco. The micro and the macro factors of the
Tesco will also involve the core competency framework that will suggest the various factors that
will help the company to identify the different core competencies will result in the significant
level of contribution to the various levels of the perceived benefits enjoyed by the customers. It
also involves the value chain analysis framework that will describe the different products and the
services of the new identification of the market opportunities and the other capability purpose
(Wood, Wrigley and Coe 2017).
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Pestel Analysis
The pestel analysis will study the various external environmental factors that will be
analyzed by the unpredictable elements present in the company. The PESTEL analysis includes
the following factors:
Political Factors: This Company has operated in the 12 countries that also includes the Asian
and the European companies. The factors include the various rates of taxation and the current
and the impending form of the legislation purposes of the political instability situation and the
economic condition of the various countries and the levels of the operations. To sight an example
the import duties of the various goods that can also affect the Tesco company because it will
monitor the different types of imports in the various inventories operating from both within and
outside the U.K.
The various rates of tax on the larger supermarkets will be known as the Tesco tax that
willrate that was proposed by the local council of the local markets of the U.K government will
result in the several initiatives that can affect the future of the Tesco company in the negative
aspect.
Economic Factors
The labor cost will prove to be the most important economic factor that will affect the
supermarket chain functioning in U.K. For example: the annual range of the bill will be
amounting to the GBP 4.5 billion dollars. In the year 2018, the Minimum Wage Rate will be
increased by 4.4% for the next few years or even further.
There are various other factors that will affect the Tesco Company along with its various
levels of the market costs and the profits of the organization. The company should also focus on
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the increased form of knowledge that will decrease the level of profits. It will also affect the
important strategies of the international market that will be responsible for the overall success of
the company. It is worth mentioning the fact that the Tesco will have a dependent status on the
markets of U.K with an approximate 27.7% share in the grocery market of U.K (Nguyen et.al
2017).
Social Factors
The consumers shopping patterns that will be changing over the time. The different
people associated with the organization will want the same day along with the fast delivery with
the flexible goods in return of the policy. They will prefer the different stop shopping measures.
The obesity stands for the other issues in the society and the other customers of the organizations
along with the changing behavior along with the demand for the different patterns of the organic
food structure. According to the reports by the PWC there have been a 65% among the shoppers
in the U.K and the loyal shoppers (Zhao et.al 2017).
Technological Factors
Before the few years, Tesco was facing severe issues like the poor experience of the
customers and the other scandal that is related to the scandal of the horse meat issue in Tesco.
Tesco will also embrace the different advancements in the various technological domains by
adopting the various available form of the retrial technologies.
They will introduce the different RFID technologies in order to increase the instore
experience of the customers that will automatically lead to the counting of the stocks after the
various sales procedure (Gonen et,al 2017).
Environmental Factors
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The companies will face the tremendous pressure from the various pressure from the
various government agencies in order to address the related environmental issues of the
company. Tesco will also encourage the different consumers that will shop from the official
website of Tesco. The van drivers of Tesco will use the different fuel saving options in order to
collect the unwanted form of the plastic bags. The company of Tesco is committed will use the
various renewable sources that will generate the various forms of the electricity by the year 2030.
The company will also promised the different use of the renewable sources that will generate the
100% of the supply of electricity by the end of 2030. The company will also try to minimize the
50% of the carbon footprint by the end of the year of 2020 (Heese Srinivasan and Kelley 2019).
Legal Factors
In the business environment of Tesco, the organizations will undermine the various key
areas where there will be a change of the law that will affect the business performance in order to
achieve the various objectives for the success of the business (Raab 2016).
In the year 2016, the various workers of the Tesco will take the various legal actions
against the various employers on the basis of the age and the other gender discrimination
practices. The company of Tesco will also face the legal action for the task of accounting of the
various associations for the various forms of the investment in order to settle the legal actions.
SWOT Analysis
The SWOT analysis of Tesco can be illustrated in the following manner:
Tesco’s Strengths
Tesco will prove to be the most important grocery retailer in the entire U.K: The
Company will be the leading grocery retailer and will also act as the no.1 supermarket
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