Analyzing the Impact of Micro-Environment Factors on Business Sustainability and Profitability in Hospitality Tourism and Events Environment

Hospitality Tourism and
Events Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
Critically analysed the micro-environment factor which helps to analysing impact of business
sustainability and profitability. ..................................................................................................3
CONCLUSION...............................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Hospitality Tourism is wider and broader scope it includes targeting ample numbers of
customers. It includes using various tools and techniques which are helps to satisfying the needs
and wants of customers. It involves formulated strategies which help to attain the goal and
objectives of company. The report is Tesco which are situated in United Kingdom and them
providing wide range of products and services to customers. It is one of the leading
organisations of UK which serves to the ample numbers of customers. The paper consist group
debate so analysed the macro environment such as PESTEL model which includes various
factors due to influencing business activity (Franco and et. al., 2020). It includes external
environment factors which help to assisting this factor and each group explaining the three
factors in order to affecting business profitability and productivity of company.
Critically analysed the macro-environment factor which helps to analysing impact of business
sustainability and profitability.
PESTEL is model which effectively analysed by organisation in order to gaining
competitive advantages and profitability of company. They are impact on business profitability
and productivity of company. There are included various factors which influencing business
operations and condition of country. In relevance of Tesco, it is one of the leading supermarket
chain in UK which effectively utilising macro-environment factors evaluating and accordingly
developing new strategies which result as increasing profitability and productivity of company.
There are various factors which are utilising by company so discussed below.
Political factor-: This is the most important factor which including various rules,
regulation and policy in order to organisation implementing effectively because it helps to
smoothly run their business operations (Jiang and et. al., 2020). Government imposed various
rules and policy which affecting business activity and profitability so organisation adhered to
follow such policy. The political condition of United Kingdom is strong and stable. In relevance
of company, it adhered to follow such rules and regulation because government developing
policy favourable for company so easily expands their business operations.