Opportunities and Threats for Tesco in Global Business Environment

INTERNATIONAL BUSINESS
ENVIRONMENT

Contents
INTRODUCTION...........................................................................................................................3
Critically analyze the opportunities and threats for Tesco in current global business
environment.................................................................................................................................3
Problem solving and critical analytical skills..............................................................................4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
This report analyze the critical and problem solving skills of management of Tesco and the
opportunities and threats they have to face in the current global market.
Critically analyze the opportunities and threats for Tesco in current global business environment
Opportunities for the company in this market are
Growth of online sales-
In the time of pandemic of Covid-19 people have changed their methods of buying goods
and they have switched to making it online so that they do not have to face any restrictions and
they know that buying goods online is keeping them safe. This is the opportunity that company
must claim as it is the perfect time for them to promote this medium of sales because the current
condition of environment demands it and this will help the company to grow substantially in the
markets.
High unemployment rates-
From the several reports of market it has been assessed that the rate of employment has
decreased at times like this which is specific for the youth who age around 16 to 20 years.
Supermarkets is considered as the sector for students to get a job easily and maintain their
expenses. Tesco can claim this opportunity of hiring those individuals and train them into
making them a better sales person as this will help them to achieve growth in the market.
Increase in Alternatives-
As per the recent analysis the sector for plant based protein has made their way into
billion dollar sector which increases another scope for Tesco to stop the goods of meat and enter
into this sector as this sector will keep the business sustainable. They are working on the change
as they have calculated that the alternative industry is more profitable given the conditions of
current market (RAO, 2020).
Social Supermarket-
This form of supermarkets stores huge amount of stock which is nearby expiry but not
expired and they sell them at very decent rates which helps to stop the pile of goods from getting