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Unit 1 Business Environment - Tesco Plc

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Unit 1 Business Environment - Tesco Plc

Task 1

1.1 Describe the aims and objectives of various sorts of organizations

1.2 Explain the degree to which the goals of various stakeholders are fulfilled by Tesco Plc

1.3 Describe the accountabilities of Tesco along with the strategies implemented by an organization to fulfill them

Task 2

2.1 Describe the procedure of an effective allocation of resources by economic system

2.2 Evaluate how Tesco and activities of Tesco gets influenced by monetary and fiscal policy

2.3 Assess how the activities of Tesco gets influenced by the competition policy and other regulatory mechanisms

Task 3

3.1 Describe how the pricing and output decisions of businesses gets determined by market structures

3.2 Demonstrate the approach in which Tesco Plc responses are shaped by market forces using a range of examples

3.3 Give your opinion about how the behaviour of Tesco is shaped by the cultural and business environment

Task 4

4.1 Explain the importance of international trade to Tesco Plc

4.2 Investigate how Tesco Plc gets impacted by global factors

4.3 Assess how the Tesco Plc gets impacted by policies of the European Union


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