Tesco Plc Report: Organisational Types, Responsibilities, and Analysis

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Added on  2023/01/09

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This report offers a detailed analysis of Tesco Plc, a prominent public limited company. It begins by outlining the structure of different organizational types, including sole traders, partnerships, and guarantee companies, with a focus on Tesco Plc's status. The report then explores the responsibilities of organizations, such as the allocation of duties, operational efficiency, societal development, and environmental considerations. The core of the analysis assesses the extent to which Tesco Plc fulfills its objectives, including promoting its offerings, achieving growth, maximizing profits, and serving the public. The report concludes by emphasizing the importance of the business environment and the various types of organizational structures. References from academic journals are included.
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Table of content
Introduction
Explaining different kinds of organisations and examples
Responsibilities of organisations
Analysing extent to which specific organisation meets defined
purposes
Conclusion
References
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Introduction
Business environment is described as totality of
intrinsic and extrinsic factors which influences
operating circumstances of an entity. The
presentation is about Tesco Plc that is popular
international general merchandise and groceries
retailers having headquarters in city of England,
UK.
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Explaining different kinds of
organisations and examples
Organisation is defined
to an establishment
in which group of
people makes huge
efforts together in
systematic and
logical manner.
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Different types of organisation, examples
and purposes
Following are different organisational types and their
examples:
Sole traders: It is types of organisation in which one
person is responsible to own, manage and run the
business. Such organisational type do not have any
legal identity which is separate it from its owners and
have absolute control in entire practices and
operations of business.
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Partnership: It is formal agreement in which two
or many parties plans to manage, operate and run a
business along with share profits.
Public Limited Company: The organisation
which offers its shares to general public is said to
public limited company. It is separate legal
business concern that offers its shares for trading
on stock exchange for public.
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Guarantee company: The type of
organisation which establishes for
safeguarding members from liability is defined
as guarantee company.The purposes of the
organisation are as discussed:
Protect members: Guarantee company have main
purpose of protecting its members from
situations of liability.
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Responsibilities of organisations
All organisations have responsibilities for meeting at the
time of conducting and managing businesses.
Following are other responsibilities of organisations:
Allocation of duties: Delegation is major element in
organisational responsibilities.
Operation: Operational order in another
responsibility of organisation. With this
responsibility, organisations run activities smoothly
and attain success.
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Society development: An organisation whether
sole trader, public limited company or other are
responsible for development of society.
Environmental responsibilities: Organisations
are responsible to handle their waste and
concern towards environmental aspects of CSR.
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Analysing extent to which specific
organisation meets defined purposes
Tesco Plc is one of Public Limited Company
organisation that pursues its working for
encouraging interest of people in its offerings,
attaining growth for survival, generating
maximum profits, getting more sales and serving
general public with its products and services.
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Conclusion
The task concluded that business
environment consider set of dimensions that
are closely part of activities and operations of
company. Organisational types are of sole
traders, public limited company, guarantee
company and partnership.
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References
Bollas‐Araya, H. M., Polo‐Garrido, F. and Seguí‐
Mas, E., 2019. Determinants of CSR reporting and
assurance: an analysis of top cooperative and mutual
organisations. Australian Accounting Review. 29(4).
pp.692-707.
Long, S., 2018. Socioanalytic methods: discovering
the hidden in organisations and social systems.
Routledge.
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Thank You
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