Impact of PESTLE Analysis and Cultural Factors on Human Resource Functions at TESCO

REPORT

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Overview of company and its current global position.................................................................3
PESTLE analysis.........................................................................................................................3
Cultural factors that has impact on Human resource functions...................................................5
Conclusion.......................................................................................................................................6
REFERENCES................................................................................................................................8

INTRODUCTION
There are various departments in an organisations and one of the main function is Human
resource. It is important for human resource manager of an entity to analyse both internal as well
as external market so that level of threats is declined in an effective manner. For the present
report, TESCO is taken into consideration. The company headquarter is located in UK and is
established in the year 1993. TESCO offer high quality home essentials and groceries, which is
the reason of its success. The report will cover PESTLE analysis along with its impact on
managing people. In addition to this, various Cultural factors is discuss that has impact on
Human resource functions.
MAIN BODY
Overview of company and its current global position
TESCO is one of the largest retailer in United Kingdom and is attain 4th position in all over
the world. The company offer its products in major markets that is USA, Europe and Asia with
around 4,80,000 staff members. The company offer product in more than 14 countries with its
goods and service involve home living range, groceries and many more. The target market of
TESCO is premium class and middle class households. It is determine that company offer
product at low price that help in attracting large number of people and enhance its profitability
level.
It is important for an entity to analyse external factors that has an impact on overall
performance and business activities. For this, the higher authorities of TESCO is using PESTLE
analysis.
PESTLE analysis
It is considered as a tool that help an entity to analyse impact of uncontrollable factors on
business activities. Along with this, it aid company to develop an effective strategy and decline
the level of threats in an effective manner. The elements of PESTLE analysis is given below
along with its impact on managing people.