Global Business Environment

Global Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
SWOT Analysis......................................................................................................................1
Key drivers impacting upon Operations and Finance............................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Global business environment can be referred to as the interface of the environments of several
nations which affect the functioning and operations of companies along with their overall
decision making procedure (Ismail, 2017). It is important for a company to analyse the global
business environment for identification of opportunities that can be leveraged by them along
with the threat that pose them to the risk of substitution. The following report is carried out upon
TESCO in continuation with CW1. TESCO is a multinational retail corporation which is
headquartered in United Kingdom. The report consists of SWOT analysis together with impact
of key drivers on operations and finance.
MAIN BODY
SWOT Analysis
Micro environmental screening is regarded to be important for each and every company so as to
ensure the long term sustainability in market place. For this purpose, companies across the globe
make use of an exceptional business management model named SWOT analysis. This is an
analytical framework which provides aid to an entity to gain an insight into the internal working
and functioning of the business. As a result of this, the entity is able to identify the strength,
weakness, opportunity and threat for the corporation which may be placing positive or negative
impact over the business (Coe and Wrigley, 2017). This helps the business to create and
implement sound strategies with the help of which it can overpower the rival firms functioning
within the same sector. TESCO is a market leading British retailer which is evaluating its
internal environment through the application of SWOT analysis as follows:-
TESCO’s Strengths
Leading British retailer:
TESCO is the leading company functioning within the confines of UK retail market. As a result
of this, entity has effectively built its separate customer segment that is not ready to substitute the
offerings of this company by those of any other organisation.
Highest Market Share:
TESCO at present holds the highest share in retail market of United Kingdom accounting to
almost 27%. This implies the strength of the company in capitalising upon its competencies and
capabilities in the long run to gain fruitful outcomes. Quality is considered as one of the most
1