Analysis of Tesco's Business Operations and Environment

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Added on  2023/03/16

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This report provides an analysis of Tesco's business operations, focusing on the impact of the business environment, customer service, and customer profiling. The report begins with an introduction to the business environment, followed by an examination of different types of organizational structures, including public and private sectors. It then delves into the impact of the local, national, and global economic environments on Tesco, a multinational corporation in the retail sector. The report also explores the importance of customer service and its impact on business success. Furthermore, it highlights the benefits of customer profiling for businesses, including increased efficiency and competitive advantage. The report concludes with a summary of the key findings and includes a list of references. This report is beneficial to students studying business development as it offers insights into real-world business practices and challenges.
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How Business
Operates
Task 1 & 5
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Covered Content
Introduction
Different types and structure of public and private sector
organisations
Impact of local, national and global economic
environment on TESCO
Impact of customer service on business success
Benefits of customer profiling to a business
Conclusion
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Introduction
Business environment will include both intrinsic as well as
extrinsic kind of components. For example clients,
government, rivals and so on. This is essential to examine
their influence on business operations.
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Different types and structure of public and
private sector organisations
Organisation will be differ in many form from others, as per
scope, size, objectives and ownership. Numerous
associations will comprise in public segment which will
regulate according to prescribed rules.
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Impact of local, national and global economic
environment on TESCO
Tesco is a MNC which is operating their business in retail
segment. They are basically providing grocery items to
people. They are having various stores worldwide;
therefore, it is required for them to use available resources in
an effective and efficient manner.
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Impact of customer service on business success
Company has to utilize an effective process; therefore, they
will be able to cater products and services to clients timely.
It aids to provide maximum level of satisfaction to
consumers effectually.
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Benefits of customer profiling to a business
Company is getting almost 5% as a maintenance changes
which help to update their business and they will easily
enlarge their business activities. It assist to provide success
and growth to company and they will take benefits from
contenders at marketplace.
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Conclusion
From above assignment this has been understood that there
are many types of environmental components which will
cater affect on operational activities of business either in a
direct or indirect manner.
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References
Rummler, G. A. and Brache, A. P., 2012. Improving
performance: How to manage the white space on the
organization chart. John Wiley & Sons.
Trevino, L. K. and Nelson, K. A., 2016. Managing
business ethics: Straight talk about how to do it right.
John Wiley & Sons.
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Thank You!!
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