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Global Business Environment

   

Added on  2022-12-07

7 Pages1555 Words389 Views
Business DevelopmentData Science and Big Data
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Global Business Environment
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Global Business Environment_1

INTRODUCTION...........................................................................................................................3
Portfolio Paper 2: SWOT Analysis..................................................................................................3
Portfolio Paper 3: Operational Impact Analysis..............................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................6
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INTRODUCTION
Global Business Environment can be termed as environment in which there are a number of
factors prevailing and have significant impact upon organisation decision making capabilities
and utilisation of resources (Adamu and Musa, 2021). Organisations aim to have global success
for higher profitability and productivity. Present report has been conducted on Tesco which is
operating its business services in retail industrial sector and offer wide range of services and
products worldwide. There are number of factors business environment that are having direct and
indirect impact upon organisational operation. Present report includes SWOT analysis in addition
with operational impact of the factors identified in this evaluation.
Portfolio Paper 2: SWOT Analysis
SWOT analysis a vital tool that facilitate company or individual to identify strengths,
weaknesses, threats as well as opportunities that further facilitate them towards undertaking
significant measures as well as strategies (Aman, 2021). With the help of this framework
company can determine those factors that can affect the performance and future growth. Along
with this it has been under line that SWOT analysis proves to be an essential aspect through
which company can not only reduce their risk but can also emphasize upon weaknesses and can
maximize their threats. By undertaking advantages of opportunities mentioned below SWOT
analysis of Tesco is being undertaken that helps company to identify issues that are having
negative impact on their competitiveness in industry.
STRENGTH WEAKNESSES
Tesco is having strong brand image in
retail industrial sector, as this
organisation offer high quality
products and services to consumers.
Company is offering their services
with having strong base of workforce
in which there are talented, skilled and
capable employees who are enhancing
consumer satisfaction level towards
Major weakness of Tesco is that its
competitors are providing
comparatively budget friendly
products and services while
maintaining quality.
In addition to this it has been
identified that Tesco have
comparatively less investments in
digital marketing which is decreasing
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