Business Environment: Types, Size, and Scope of Organisations

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Added on  2023/03/29

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This report provides an overview of different types of organizations operating in the UK market, including private, public, voluntary sectors, and charitable organizations, highlighting their objectives and purposes. It examines the vision, mission, objectives, and legal structure of Tesco PLC, a multinational grocery and general merchandise retailer, as a case study. The report also discusses the scope and size of Tesco, its stakeholders, and its strategies for achieving competitive advantage. It concludes that public firms operate to best serve consumers and emphasizes the importance of understanding organizational structures within the broader business environment. Desklib offers a range of study tools and solved assignments to aid students in their academic endeavors.
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Business Environment
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Introduction
In the market of UK, there are many of the organisation working their. These
organisations are very much different form each other on the basis of their
objectives and purposes.
purpose of different organizations will be explained in this presentation.
Objective, mission of different firms will be illustrated in this study.
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P1. Overview on different types of organisation and international business
environment growth
Private Organisation: -
These organisations are run and on major privately operated by the individuals.
These private limited companies firms are widely situated only for profit
making to the particular business unit. In relation to this the expansion of the
business is also a part from which an organisation can increase its profit rate
and develop further resources for the future objectives.
These organisations are run by private administration by taking successive
decision by the management of these private companies, majorly the objective
of these private companies is to serve their customers with quality of services
and product to develop trust for their brand and to maintain customer relation.
For example, McDonald's, Virgin Group and other private companies.
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Public Organisation
These Organisations are controlled and governed by the
system or by the Government. The main aim and objectives
of these organisations are to offer variety of products and
services, and by engaging them with other business units
with the help of offering their company's shares.
These amount is further taken in direction for the
development of entity. These firms works to provide
satisfaction to their customers.
Tesco can be considered to be the best example of Public
organisation.
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Voluntary Sectors and Charitable organisation
Voluntary Sectors-
Main purpose of these organisations is to develop and encourage the social wealth, not on the development of the material
wealth. Although these sectors are separated from public and Government organisation even sometimes these organisations
involves to help and provide support in the proceeding activities of Voluntary sectors.
Like as the name these sectors works voluntarily in delivering the quality services to the society members. Many sectors such
as Human rights watch, World wildlife funds, etc. work voluntarily.
Charitable organisation
These firms are very much different from public and private organisation. Charitable organisation works as a non-profit
making organisation. These organisations majorly works for the welfare of society and to help other private and public
companies. For these organisations profit making is not their objective, they only work to provide and develop assets which
can improve the society.
These firms provide standardize services to the community in relation to improve living standard and to live healthy life. The
profit which is gained from the activities of these charitable organisation , is used to regain the amount which is used to
execute the process of charity and helping the community.
.
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P2 Vision, background, objective of organizations
BACKGROUND OF TESCO PLC
It is a multinational grocery and general merchandise retailer, it
has headquarters which in Welwyn garden city, Hertfordshire,
England, united kingdom. This organisation earned more profit so
this orgnisation raise their business at world level.
Number of this organisation in world as largest retailer in 3
position, which is measured in profit and if measurement done in
revenue than number of this organisation is ninth. In UK the
market share of around 28.4% so it is known as leader in grocery
market.
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VISION AND MISSION OF TESCO PLC
The vision of tesco is “To be the most highly valued business by: the
customers we serve, the communities in which we operate, our
loyal and committed colleagues and of course, our shareholders.
On the basis of five element the vision of tesco is describe ,
elements are:-
Tesco wanted to live arround the wold because it is necessary
Its have growing business full of opporunities
vision on basis of innovative and modern ideas
loyalty and trust from customers
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OBJECTIVES OF TISCO PLC.
For people the objective of tisco is fostering team work, nurturing talent, enhancing leadership capablity
etc
offerings of tisco is to becominig the supplier ofv their own choice, delivering premium product and
sevices and creating values of customers.
Conduct of tisco is provide safe workplace, respecting environment ertec.
Policies of tisco is tata code of conduct, tata steels policies etc
their innovative approch is developing leading edge solutions in technology.
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THE LEGAL STRUCTURE OF TISCO PLC
Many organisation required complex law and regulations to oprate the businessa and any company. Invest
guarntee, proerty right are secured , sunddly change in economic policy are affact by legal structure.
SCOPE AND SIZE OF THE TESCO
scope of the tesco is decided by strategy as a planning, patterns, positions,perspective, ploy etc. this growth
over the last two or three decades has involved a transformation of stretgy and images. The success is
based on “Pile it high, sell it cheap” approach is given by founder of tesco. Size of tisco is reached at all
over world because the purpose of this to create the value of customers to earn their lifetime loyalty. This
is shown by two lines:-
no company tries harder for customers as tisco do
treat people as we like to be treated.
Resources are utilized in way so that proper strategy can be made to achieve the goal and objective of
organisation and satisfy the customers.
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INFORMATION ABOUT TYHE STAKEHOLDERS
A shareholder is any person who have at least one share of company stock they are also
owner of company.
Stakeholder of tesco are most important part of their company who invested their money and
time into the growth of business.
Shareholder also take interest of the company on increasing profit because of this value of
business is also increasing.
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Conclusion
It can be concluded that Tesco is aiming to grow well and gain competive advanatge.
Public firms operats for serving best to consumers.
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References
Chadamoyo, P. and Dumbu, E., 2012. Competitive strategy and business
environment influencing performance of small and medium enterprises in
the manufacturing sector: The case study of manufacturing firms in
Mucheke light industry.
Chen, Y. and Rosenthal, S. S., 2008. Local amenities and life-cycle migration:
Do people move for jobs or fun?. Journal of Urban Economics. 64(3).
pp.519-537.
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