TWO BUSINESSES ON OUR DOORSTEP Range of different businesses There are many different types of business that you come across as a customer or employee or that you hear about in new stories. We have a looked at range of Businesses such as Partnerships, Franchises, Co- operatives, Charities, Sole Traders, Private Limited Companies, Public Limited Companies and Government departments & agencies. Charities Charities are operated to meet defined needs and not to make profit. However
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applied on Tesco PLC. These techniques consist of the PESTEL analysis and the SWOT analysis. Environmental Scanning in the Strategic Planning Process Hunger and Wheelen (2002) divide the strategic planning process into four key stages, which comprise the following: scanning of the external and internal environment, development of strategies, implementation of strategies, and evaluation of actual results in line to the strategic targets set. The scanning of the external and internal environment
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executive’s assistant at a management consultants, I have been asked to compile a report identifying how two organisations plan recruitment using internal and external sources. Recruitment and selection are the processes that all businesses use to select the best candidates to recruit as new employees. The two organisations that I have been asked to analyse are Tesco, a British supermarket chain, and the National Health Service (NHS), a British organisation which provides free healthcare to everyone in the
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planning of Tesco. The report also analyse the different strategic tools and techniques used for the strategic decision making and which are also helping the organization in developing strategic plans of the organization. There are various issues which are described in this report like the ratio analysis, break even analysis, and the other appraising methods which are used in strategic decision making and planning of Tesco. The management of the tangible and intangible assets of Tesco are also analysed
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Strategy:- 7 Organic Growth:- 7 External growth (Acquisitions):- 7 Product series Strategy:- 8 Tesco Finest Range:- 8 Tesco Average Range: 8 Tesco Value Range: 8 Store Formats strategy:- 8 2. CURRENT: Current Strategic Situation:- 9 PEST Analysis:- 9 PORTER’s Five Forces:- 11 SWOT ANALYSIS:- 13 3. FUTURE: Strategic Direction for the future:- 16 Strategic 1: Tesco should expand in South East Asian developing country:- 16 Strategic 2: Tesco should alliance with Star Bucks or
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stakeholders, and coping with their external environment. This will be analysed by choosing three different types of businesses which will be compared in their way that they operate. An introduction to business environment Business environment may be distinct as the set of external and internal factors which affect the decision of business. Internal environment is the factor that will affect the business directly, which involve customer, employees etc. External environment refers to the factors
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outcome 1 UNDERSTAND THE EXTERNAL ENVIRONMENTAFFECTING AN ORGANIZATION. 1.1: Explain the importance of External factors affecting the organizations. Ans: Environment produces change in organization. An organization may become victim of change or it may be gainer of change. The external environments are those factors that occur outside of the company that cause change inside organizations and are, for the most part, beyond the control of the company. Customers, competition, the economy, technology
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Recruitment and selection at Tesco Introduction Tesco is the biggest private sector employer in the UK. The company has more than 360,000 employees worldwide. In the UK, Tesco stores range from small local Tesco Express sites to large Tesco Extras and superstores. Around 86% of all sales are from the UK. CURRICULUM TOPICS • Workforce planning • Recruitment • Skills • Selection GLOSSARY Strategy: long-term business plan of an organisation. Market leader: the business that has the largest share
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with looking at and exploring what marketing is and how it has evolved. The report is supported with marketing definitions from three different sources and what is meant by a marketing orientation and marketing process. Secondly, an introduction of Tesco the organisation the report will be focusing on throughout the report. Within the report there are some tables and graphs used to support the answers to some of the assessment criteria. The fundamental concepts and principles that underpin the marketing
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communication, with the different kinds of information used and produced by organisations. Organisations such as Tesco have their own purpose such as awareness of activities, these are known as internal activities, also stakeholders expansion is contained by the organisation. I will be picking Tesco and talking about the types of information that they create and use. Also the reasons why Tesco produce the information and where this information comes from. I will be looking at all of the features to get
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