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Report on Business Environment Of TESCO Company

   

Added on  2020-07-22

10 Pages2869 Words173 Views
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Business and BusinessEnvironment (Part 2)
Report on Business Environment Of TESCO Company_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 2............................................................................................................................................1P4. Positive and negative impact of macro environment on business activities of TESCO.......1P5. SWOT analysis of organisation............................................................................................3P6. Interrelation of strengths and weaknesses of firm with its external macro environment ....5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
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INTRODUCTIONIn the current time, every organisation focus on to develop and create healthy workingenvironment within the organisation. Hence, it is sum of the total of all major factors becausethese are directly impacts on company. Thus, factors are categorised into two parts such asinternal and external. Apart from this, it is necessary for every organisation to systematicallyanalyse and evaluate causes with the help of appropriate methods and techniques However,macro environment of TESCO will be explained as well as their positive and negative impacts.In the last, SWOT analysis method will be used for examining strengths and weaknesses ofTESCO.TASK 2P4. Positive and negative impact of macro environment on business activities of TESCOBasically, business firm affected by several factors either positively or negatively. Thus,it is required to effectively evaluate and analyse them with the help of appropriate methods andtechniques. Thus, with the helps to proper evaluation every employee of the company caneffectively perform their operations and tasks and they can attain their goals and objectives in animpressive style. (Hall, 2011) Thus, PESTEL analysis method can be used for analysing andidentifying major factors or causes of macro environment because they directly effects onTESCO such as follows: Political: At this time, every business firm seeks to be expand their business firm inseveral areas at national and international level. Therefore, employers of the firm havefacing several problems and issues while expanding their organisation thus, it isnecessary to effectively analyse and evaluate all major factors because they influencebusiness activities. Therefore, government of the country regulate and enacts some rulesand regulations which aids to manage and control all over businesses and theiroperations. So that TESCO will provides better quality of products and services tocustomers and full fill their basic needs in a impressive manner. On the other hand,political issues sometimes also have negative effects on organisation due to thisemployees and employers cannot effectively perform their operations additionally theyfeel restricted while working at work place. (Foerstl and et. al., 2010.)Economical: Government of the country seeks to be enhance their economy so that theirmarket share, customer's buying power so more are significantly increased. Economy of1
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