The Business Environment Assignment at The Tesco Plc and Calico Group (GC01253)

Table of Contents

INTRODUCTION.

TASK 1.

P1 Type of business, purpose, and ownership of two contrasting businesses.

Tesco.

The Calico Group.

Type of Business (Primary, Secondary, Tertiary)

P2 Different stakeholders who influence the purpose of two contrasting businesses.

Stakeholders of Tesco.

Local communities.

Stakeholders of Calico Group.

P3 Two businesses are organized.

McDonald’s Organizational Structure.

Organizational Structure of the calico group.

P4 Style helps them to fulfill their purposes organization.

P5 Effect of two contrasting economic environments on business activities.

Recession economic situation.

Boom economic situation.

Recovery.

Monetary Policy.

The Government Boom.

P6 Political, legal, and social factors are impacting upon the business activities.

Political Factors.

Legal Factors.

Social Factors.

Conclusion.

REFERENCES.

INTRODUCTION

Business Environment is an integral part of the effective and efficient management of Business. It determines types of Business that will be Successful within the environment. It has many forces that shape the business segment as well as a product line. There are five segments in the business condition: money related and legal condition, mechanical condition, forceful condition and the last is overall condition. Scaled-down scale condition is obliged and establishment outside of the affiliation that can impact the execution of the affiliation gone under the external state of business contain the money related measurement, trademark, social and political forces (Constancy, Merger, and Brompton, 2015). This report relies upon Tesco and Primark which is retail stores and it is having details on different types of business and purpose, after how organizations affected stakeholders. Different factors can make an influence on the organisation which is described under it.

TASK 1

P1 Type of business, purpose, and ownership of two contrasting businesses

Tesco

Tesco plc trading as Tesco is a British multinational groceries and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England, United Kingdom. It is the third-largest retailer in the world measured by gross revenues and the ninth-largest retailer in the world measured by revenues. It has shops in seven countries across Asia and Europe and is the market leader of groceries in the UK (where it has a market share of around 28.4%), Ireland, Hungary, and Thailand. Tesco was founded in 1919 by Jack Cohen as a group of market stalls.^[9] The Tesco name first appeared in 1924, after Cohen purchased a shipment of tea from T. E. Stockwell and combined those initials with the first two letters of his surname, and the first Tesco shop opened in 1931 in Burnt Oak, Barnet. His business expanded rapidly, and by 1939 he had over 100 Tesco shops across the country.

Main aims and purpose

Tesco aims to provide groceries, electronics, and clothing goods as well as a number of their services online. Tesco is aiming to develop the online shopping experience, if they are successful in doing so they may attract many more customers which will help them achieve objectives.

Ownership liability of Tesco

The type of ownership of Tesco is a public limited company (plc). The general public can buy and sell the share so the liability status of the organization is limited liability. Where personal belongings of the shareholders are safe if there is any debt or liability, the shareholders are losing or gain money on the proportion of their investment. Tesco’s ownership is owned by several partners, is owned by thousands of people this is because Tesco is a PLC and is owned by shareholders who fund the company.

Type of Business (Primary, Secondary, Tertiary)

Tesco is a primary, secondary, and tertiary sector. The primary sector is responsible for raw materials. The secondary sector is the manufacturing process which converts raw materials into products such as good packaging. The final product is the tertiary sector where the service that Tesco provides such as advertising or selling different products to the customers.

The Calico Group

The Calico Group is a non-profitable or charitable organization. It’s providing homes and services to a wide range of people, including some of the most disadvantaged sections of the community. It has innovative charities and businesses working together to make a social profit, rather than financial profit, the driving force behind our wide range of high-quality services.

Main goals and purpose

Goals: A clearly defined vision for developing – they’re succeeding within private and public sectors”. The Calico Group consists of six innovative businesses and charities. Together, they work to make a social profit, rather than financial profit, the driving force behind our wide range of high-quality services. They define “social profit” as the positive difference we make to people’s lives, across all the communities in which they work. They create social profit by developing services that meet the community’s needs, and harness the opportunities of their unique group structure; combining their growing range of complementary services to create innovative, new opportunities for the benefit of the community. To achieve its goal of delivering social profit, the Group’s strategic direction is driven by five cross-company strategic aims……………………

Business Environment