Analyzing the Influence of Macro Environment on Business Strategies - Desklib

Business Strategy

INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Apply different frameworks to analyse the influence of macro environment on a company
and their business strategies.........................................................................................................3
TASK 2............................................................................................................................................7
P2 Evaluate the capabilities and internal environment of a company by using appropriate
frameworks..................................................................................................................................7
TASK 3..........................................................................................................................................10
P3 Implement porter's five forces to evaluate competitive forces of a market sector for a firm
...................................................................................................................................................10
REFRENCES.................................................................................................................................15

INTRODUCTION
The strategy is considered as the decision which is based on what Strategies and
decisions that helps in making benefits which is to be attained in relation to the goals and
objectives that has been set by an organisation to be achieved. What that is referred to as master
plan which is been implemented by an individual in order to attain competitive position within
the market. This strategy helps business in achieving growth and sustainability within an
organization. The organization that has been taken in this report is Tesco PLC the UK based
retail organization and manufactures day-to-day product and manufacturers home use products.
For the report has been discussed in relation to micro organization within the business strategies
existing in an organization. For the analysis is done in addition to the micro factors and Portér's
five force. This is helpful evaluation possible in relation to various sources existing within
business organization. India and different methods models and theories in covered in relation to
strategic decision development within an organization.
TASK 1
P1 Apply different frameworks to analyse the influence of macro environment on a
company and their business strategies
Vision: The vision of Tesco is to develop standards which are acceptable globally which
lead over making stability created within relationship of national and international organization.
Also the vision of the organization is to achieve growth in global market.
Mission: Tesco photo to create and quantity accessibility is to attend within various
process existing within the organization. This is helpful foreign organization without increasing
customer base delete overachieving of high profit in more effective manner.
Objective: In relation over Tesco Plc operators have been set by the organization in order
to achieve more and more success which are leadership and management growth weather in
retail sector. This help for an organization to make head of its rivals in more effective and
efficient manner (Oni, 2018).
Strategy these are considered as those kinds of steps which have been taken by mangers
of an organization that leads upon making goals and objectives in more impactful manner.

Further its is helpful in making formulation of effective business strategy that leads upon making
performance improvisation possible which makes high gains and advantages achieved. Also it
helps in staying ahead of its competitors. This leads over uplifting revenue and sales through
developing strategies for an organization like Tesco (Prashar, 2017).
Different strategic planning techniques
 Benchmarking: It is has been defined over making comparison in relation over matrix
making an entire industry operating within an organization. It is helpful in making Tesco
plc attains positive position within market which over comparison done in relation to its
performance and activities.
 Business analysis: Through making analysis of business activities and various processes
related to it makes an organization like Tesco Plc attain ideas about its strength and
weaknesses through effectively making criteria set in relation over applying of right
strategy over it. Also this makes acknowledgement over strategies that are suitable in
nature for an organization like Tesco in order to attain better outcomes.
Various analytical framework to acknowledge macro environment
Stakeholder analysis
Stakeholder analysis is that kind of process identification over impacting performance in
order to start the project it is helpful for an organisation like Tesco need of grouping shareholders
according to the interest level within the project. For the reservation has been provided as
follows:
 Step 1: Termination in relation to stakeholders is been done through preparing list of
content shall stakeholders who can do investment. Regarding Tesco potential
stakeholders can be news department, executive staff, marketing executive, customers,
employees, suppliers, public and government shareholders.
 Step 2: T h e s e stakeholder is been listed managers of an organisation which requires
what prioritising various categories has been explained as follows:
High power high interest: This is one of the most important input as go as it helps in performing
business activities in more effective manner.