Business and the Business Environment

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Student ID:

Student Name:

Table of Contents
Introduction......................................................................................................................................3

Activity A report..............................................................................................................................4

Conclusion.....................................................................................................................................13

References:....................................................................................................................................14

List of Figure

Figure 1: Functional chart of Tesco.................................................................................................8

Figure 2: Functional relationship.....................................................................................................9

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Introduction
The business environment may include different aspects in order to conduct business activities.
According to the business functions, it is very important for the management to make the
business environment sustainable and identify its competitive advantages. The business model
included various resources that track the sources and used the sources in the service of the
business organization. Business environment related to the business nature, size and structure of
the business organization. There are some critical factors which are more reliable in order to
make them work with higher efficiency and effectiveness. Although business management is a
set of applications and knowledge without the engagement of each business function, the
business can become sustainable. The biggest factor should be in the business is acceptance of
change. The organization effectively described the scope and size of business organization and
also included the legal feature for describing the classification of Private, Voluntary and private
sector organization. There is way better ideology and uniqueness can be applied to find
classification and size. No matters how sophisticated technologies and innovations the business
use eventually the identification of its size, scope and key stakeholders is very important.

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Activity A report
Business is the term dealing with the products and services in terms of assets and money. In
order to run the business, it may include different aspects which are supportive and very
coordinative in the successful accomplishment of the business. A business forms only for two
purposes either for selling purpose or for retention. In order to maintain sustainability in the
business it may include different aspects which are more relevant and sophisticated to operate the
business. Business may include different sectors, scopes, function, missions, visions, etc.
However, the systematic approaches and trait theories are required to involve in order giving
proper recognition. At the initial stage, no business is well developed and international; it slightly
grows up by engaging various aspects.

Internationalization of a business is the factors that are essential for the modern economy that
integrated into the form of core business techniques which provided rapid growth and continuous
progress for the business. The global business provided largely are for business and very/ties in
the objectives. International business is the form of multinational business that included effective
success strategy for global sales and production. It is a multidimensional process that includes
cultural difference, taxation and legal issues, exchange rate and political risk for any business
organization. The international organization includes the following factors that are required for
the business company.

The business may include different types such as public, private and voluntary. Private
organizations are related to the corporate sectors and incorporated with different and other
organizations. Most of the organizations are related to the private sectors. The private sectors
organizations are concern with the multinational organizations are basically deals with the
products and services for the general public and explore the business internationally. Public
sector organizations are related to the public sector and work for the societies on government
funding and finance. The recognition of public companies are slightly less and contribution
private sector organization is higher than public companies. Another concentration is in the third
sector which is voluntary organizations. These organizations basically work for the public
beneficiaries by taking financial support from the government and private organization. These

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organizations are working such as charity, hosing for people to live, etc. The best examples of
these organizations are mentioned below.

Private sector organization

The Tesco organization is the example of a medium-size multination business that provided
worldwide retail service. This type of organization includes the number of staff and store that
covered a global range of the market. This type of business organization included more
shareholder or group for the business and provided multinational service with the quality of the
service. Tesco is basically UK based private organization deals in grocery items. This is the
worldwide one of the most recognized leading organizations which are exploring its business
according to the market demand. This can be the best example of a private sector organization
which is gradually exploring their business and contributing to the global economy.

Size & scope

Tesco is the organization which is widely spread in the UK as well as other countries also. The
biggest boom in their performance had come in 1994 when they defeated the Scottish
supermarket. Tesco stores are widely explored and almost cover 35% out of the whole market
share (Aydiner, et al., 2019). The main concentration is highlighting its area of growth and this
supermarket has encountered various aspects which helped them to increase their products and
services they are dealing. Tesco is the largest private-sector organization has a huge workforce to
control the business. They are currently having 367,000 employees of workforce working in
2365 stores *worldwide. They acquire more than 11,000 employees every year.

The scope may be defined as:

 Strategy as a plan

 Strategy as a pattern

 Strategy as a position

 Strategy as a perspective

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  Strategy as a ploy

They had the transformation in its last few decades. The most strategies may involve the above
scope they have engaged in the business.

Products and services

Tesco is basically a supermarket so they are mostly dealing with consumer durables. The most
selling category of Tesco is groceries. Although other categories are also there as beauty care
products, frozen products, dairy products, homeware products, poultry products, fruits &
vegetables, etc.

Vision, Mission and business objectives

The vision of Tesco can be clearly visible in order to understand the establishment of their
objectives. They have limited share of 5% in non-food market and 6% in the convenience
market. They have only 2-3% of banking market so their vision is to increase the market share.

The only mission of this organization\ is to establish higher customer values and loyalty by
delivering the highest quality of products with no compromising. No one can meet customer
expectations as they do.

Business objectives

 To increase the market share

 To explore the business at the international level
 To increase customer satisfaction and loyalty
 To sell the product at a very digestible and reasonable price.

The organizational and legal structure of Tesco

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Figure 1: Functional chart of Tesco

Source (Bešić, 2019)

The above figure is described as the organizational structure of the Tesco organization. All
departments are connected with the regional manager of the company and individual manager of
each department are controlled and share information with the above level of the department.
The organization is divided into the individual production team and managed work effectively.

Key stakeholders of Tesco

The individual actors and parties, organizations and professional institutions can be their
stakeholders in order to give recognition. They are relatively incorporated with business policies
and their environments. Types of stakeholders:

 Internal stakeholders: Its managers, employees and owners vested their interest for the
success.
 External stakeholders: Customers, suppliers, shareholders, government communities,
etc. They determine the output at the required level.

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Public stakeholder organization

BBC is the world’s oldest and largest broadcasting organization which is widely spread across
the world and delivering their services intrinsically. It was established by a royal charter and
founded on the behalf of government-approved license-free. This is the organization basically
working on the training of graduates, business technologies, journalism and productions through
talent hunting schemes.

Scope & size

The BBC is widely spread across the world and providing its services by broadcasting new and
important data to the public. They have also incorporated with other functions also such as
cinema, hospitality, tourism, journalism. This has only possible by their business functions and
their employees. They are having a workforce of more than 300,000 employees and acquire more
than 12,000 employees every year.

Products & Services

They are working for the welfare and awareness of the societies and general people in order to
make the people aware and safe. The delivery of current information and broadcasting of
information & news through their official channels is the main services they provide. News is the
shortest way to make people aware of the external environment.

Vision, mission and business objectives

BBC’s mission is to enrich the peoples’ lives with the programs and services they provide to
make them aware and deliver very current information about the objects. The education of
people can also get affected in positive terms (Kirsop-Taylor, 2019).

BBC’s vision is to increase the awareness of people with daily life challenges and educate people
with maximum possible resources. They want to become the biggest broadcasting company
across the world, although they are the biggest broadcasting company in Europe.

Objective

 Trust is the foundation of the BBC.

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  Audiences are their main concern.
 Delivering quality and value for money.
 Creativity is the lifeblood of our organization.
 Respect each other and everyone gives their best.
 They are one BBC: great things happen when we work together.

The organizational and legal structure of BBC

Source 2: (hierarchy structure, 2018)

BBC corporation is the biggest broadcasting in the world or it can be said that one of the largest
leading public organization. They are providing the services in order to give get higher
recognition from the public and get more access on their official website through public.

Key stakeholders of BBC

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Though BBC is the public organization and an organization needs the stakeholders to participate
in business decisions as well as the funding and financing. However, this organization also needs
the directions of stakeholders such as mentioned underneath:

 Internal stakeholders: The stakeholders can be defined as its managers and employees
 External stakeholders: the external stakeholders can be defined as banks, suppliers,
local & regional communities and other government institutions.

Voluntary sector organizations

Cancer Research Trusts of UK are worked for aware the people of society form the cancer
disease. The research team is work with a few staff members that provided a diet plan and
knowledge about the factors that reduced the risk for their life (Kanda, et al., 2019). The cancer
research committee is supported by the few numbers stakeholders, and this type of business
organization is work for social aware from the cancers disease. The Public sector organization is
controlled by the country government and provided service for the society. This organization
works for social service like aware of any disease or any education or fitness program that
provided effective social awareness. These are the basic organization that is work in the
international marketplace

Scope & size

This is basically a UK based non-governmental organization working for the welfare of the
societies of the UK and general people. This organization is not working for any revenue
generation or profit-making purpose. They are having almost 40,000 of volunteers working
intrinsically. People like to get connected with this organization in order to help others or who
are helpless. They are providing services like houses, food, clothes, etc. these are the basic
necessities through the major work they do is providing free treatments and remedies for cancer
disease patients.

Products & Services

The cancer research committee is work for social benefit and provided a health benefit for
society. They work as a non-profit business and improve the health and awareness of society.

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They are not an organization or a service industry that provides many services to the public of
profit purposes.

Vision, mission and business objectives

The mission of defined the service and aspect of any organization with the goal of the business.
The organization provided free medical kit and medicines for the patient and provides
knowledge about the harmful effects of the disease (Paoli, et al., 2019).

The vision of a business is providing quality of service and customer satisfaction with the secure
business environment. They also have the vision to reduce the cancer patient across the UK
through their treatments and cure.

Objectives

 The business objective of the Cancer Research Trust is providing security and justice for
society.
 To education and health policies that provided effective health and education for the
society member.
 To focus on the objective of health promotion and aware the society from the effect of
Cancer (Bonacchi, et al., 2019).

The organizational structure of Cancer Legal Trust

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Source 3: (Manchester, 2019)

This structure is demonstrating that most of the associations and medical institutions are
incorporated with this organization in order to support them for public beneficiaries. The

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committee Cancer research is legally promoting the knowledge of disease and an effective plan
to control the disease.

Key stakeholders of Cancer Research Trust

The key stakeholders are mentioned underneath:

 Internal stakeholders: The doctors, employees and volunteers are the internal
stakeholders.
 External stakeholders: The government agencies, medical institutions, civil societies,
etc. are the stakeholders associated externally.

Different business functions of Tesco

Tesco is an organization that works in the field of retail marketing. Tesco Company focused on
achieving profit, offer service and provided products for the user. The organization is having a
market in the 14 countries and contained 36% market share in the UK country. The organization
contains Functional areas like Administration, Distribution, human resources, marketing, ICT,
and sales, Customer services, Finance, and development. The Functions of business are ensuring
the efficiency and productivity of the Tesco organization (Osmundsen, et al., 2019).

Finance functional area Tesco

The department records the income and expenses of the organization. The Finance department
measured the profit and flow of the cash with the accurate measurement of investment and bills
of the investment.

Human resources function

This department includes the recruitment of skilled staff and provides training for the employee
to ensure the quality of the products. The department is liable for data privacy and protects the
records of the company (Yang, & Northcott, 2019).

Marketing function

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The marketing department is collected information about the service of the company by feedback
and online questioners. It provides effective promotion and advertisement plan that improve the
productivity of the Tesco organization.

Production function

The production department of Tesco is responsible for the service given by the organization and
delivery of service and products. The department is provided an effective strategy and contains
information about stock availability (Matthews, & Xiao, 2019).

Administration function

The Administration area of Tesco Company enables effective working to sell and delivers the
products. The functions of the department are responsible for the monitoring and controlling of
the procedure that is used for the effective business and provided motivation for the staff of
Tesco.

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Figure 2: Functional relationship

Source (Sainidis, et al., 2019)

All departments are divided according to their function and provided a report for the head office
of the organization (Doherty, & McAdams, 2019).

Benefit

 Effective team management and skilled program for employees benefit.

 The human resources provided skilled and suitable employee for the post.
 The finance team and sales team manage the production of the organization and contain
the record of production.

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  Track the accurate work status and productivity of the organization.

Drawbacks

 Less effective communication among the departments and isolated group are the cause
of issues.
 The management issues are occurred due to bureaucratic.
 Lack of coordination (Rezaei Soufi, et al., 2019).

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Conclusion
On the basis of this report, it has been concluding that the business functions are required to be
analyzed with highly advanced techniques and tools in order to get higher productivity. The
reason for selecting a private sector organization is to showcase the values and exploration of the
business in UK. Although each function of each organization is working for the beneficiaries and
significant the government has only a concern related to profit and contribution in economy. The
most critical aspect of this business is to increase the awareness of people in this changing world.
Tesco is the high economic successive organization in the British company and provided
services with the online and offline store. The retail marketing organization contains an effective
strategy to improve the skill of the employees and advertisement plan that supported in the
company growth. Hence, the business needs more sustainable sources to get higher appreciation
and prosperity.

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Bešić, S., 2019. The Application of Contemporary Marketing Concept in the Sense of the
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Bonacchi, M., Marra, A. and Zarowin, P., 2019. Organizational structure and earnings quality of
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Doherty, E.M. and McAdams, J.L., 2019. Micro and Macro Perspectives on Gain
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Kirsop-Taylor, N., 2019. Surviving tough times: an investigation into environmental voluntary
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Manchester, 2019. [Online] Organisation Structure. Available at:

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