For the business it is crucial to develop better understanding of the concepts of business environment by considering the size of different type of organisation. To support this following task must be undertaken:
- Discuss different types, size and scope of organisations
- Determine the interrelationship of the various functions within the organisation
- Determine the positive and negative impact of macro environment factors on the operations of business
- Analyse the interrelationship between internal factors and external macro factors for the organisation
Business environment can be defined as the place where various activities and operations of the business are being carried out in an effective manner so as to achieve the goals and objectives of the organisation. Environment comprises of both external and internal factors which greatly influences operations and functioning of organisations. It is very crucial for every company to identify all necessary factors which can pose negative as well as positive impact on company. TESCO is multinational groceries and merchandise supplier and is headquartered in England, United Kingdom. It has been operating in different parts of the world and employing large number of workforce. This assignment will mainly focus on different types and purposes of organisations and their size and scopes. Relationship and interrelations of different organizational functions are also mentioned in this assignment. Positive and negative aspects of macro environment and internal and external analysis of organization and their inter relations are covered under this assignment.
P3 Relationship between different organisational functions and its link with organisation objectives
Every company are established with some goals and objectives, which they accomplish with the help of employees and different departments involved in organisation. Every department play equal role in the success of company. There are many departments in an organisation such as, human resource management, marketing department, research and development department, accounting and finance, production department, etc (Jeston, 2014). Since TESCO is a multinational groceries and merchandise retailer and is operating in different parts of the world. This requires great efficiency and communication between different departments of TESCO Company to operate in such a large scale.
It has been observed that TESCO has a hierarchical structure reflecting large size of business. Even at store level they have at least four layers of management. In this main decisions are taken by top level managements and further operations are carried out by employees and managers. Many students prefers opting assignment help services from our expert writers as we deliver the best content of every a