Analysis of Tesco's Business Environment, Structure, and Objectives

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Added on  2023/04/11

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This report provides an analysis of Tesco's business environment, examining its organizational structure, objectives, and operations. It begins by defining the business and its objectives, differentiating between public, private, and non-profit sectors. The report outlines the legal structures, size, and scope of organizations, highlighting how these factors influence objectives, products, and services, specifically referencing Tesco. It explores the link between organizational objectives and various functions, emphasizing the importance of a clear mission and vision. Additionally, the report discusses the advantages and disadvantages of interrelationships within an organization, and it concludes by describing different types of business structures, such as flat, hierarchical, divisional, and functional structures. References to relevant books and journals are included to support the analysis.
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Business And The
Business Environment
TASK 1
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Introduction
The complete knowledge about an organisation starts
from knowing about the type or category to which it
belongs.
Organisation is considered as that functioning body that
works for a defined aim and objective. This can be profit
oriented or vice versa.
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Tesco
Tesco PLC is a multinational
organisation that deals in
groceries and general items
that are required in day to day
life.
Founded in 1919.
Headquarters are in England.
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1.1 Types of organisation
There are three types of organisations:
Public sector
Private sector
Non profit or voluntary
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Purpose
Private sector: Runs with the purpose of earning maximum profits.
Public sector: Its sole purpose is to provide services to the citizens
and add up to the country’s economic development.
Non profit segment: They do not work for earning any sort of
profit but for the welfare of the society.
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Legal structures
Private sector: The company has no intervention from the
government. It is solely the responsibility of the founders and the
operators.
Public sector: The complete functioning and regulations are carried
out by the government of the country.
Voluntary sector: The non voluntary sector has no interventions
from public or private unless they are the sole founders of the same.
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1.2 Size
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Scope
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1.3 Effects of structure, size and scope on
objectives, products and services
The structure, size and scope has a great impact on the
objectives, products and services provided by the
company.
TESCO has an organised structure which helps it to
attain its objectives and function smoothly
internationally.
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2.1 Link between objectives and other
functions of organisations
The objectives of an organisation are defined so that it gets a
direction for performing its operations.
If all the functioning department of a company are to be
brought together then, objectives is the key link. A mission
and vision gives the company a reason and spirit to work
better and fuller.
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2.2 Advantages of interrelationships
The functionality of the organisation will increase ass all
the different sections will work in rhythm.
Interrelationships also help the company to innovate and
have better internal environment as compared to those
where the different functioning departments do not have
communication.
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2.2 Disadvantages
If communication gap persists in the organisation then
strategies and objectives will not be corresponded.
The major drawback of such relationships is that due to
different working styles and ego levels conflicts will
arise which is not good for the organisation.
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