Pestle analysis of Tesco

Running Head: PESTLE ANALYSIS
PESTLE ANALYSIS
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MANAGEMENT
Table of contents
Company overview..........................................................................................................................2
Definition of PESTLE Analysis......................................................................................................2
Pestle analysis of Tesco...................................................................................................................2
Conclusion.......................................................................................................................................4
References........................................................................................................................................5

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MANAGEMENT
Company overview
Tesco, a multinational wholesale retailer, is located in the United Kingdom and has stores
in 12 countries worldwide. He is the another biggest retailer afterward Wal-Mart in standings of
turnover along withholds the label of the another-largest retailer in positions of sales (Tesco.com
2020). Tesco is famous for marketing foodstuff with non-food products and apart from these, the
company offers finance, cellular services, hardware facilities, and more. To well understand this
international multi-podium retailer, analyse it via PESTLE analysis for Tesco.
Definition of PESTLE Analysis
PESTLE Analysis is effective for the companies in terms of mapping the external
environment, influencing the business. This type of analysis is effective in the process of
entering into the foreign markets. Most commonly, Aithal (2016) states that the analysis is linked
with SWOT analysis for gaining an insight into the internal and external factors affecting the
businesses.
Pestle analysis of Tesco
Political Factors
As a global retailer, world political factors have a significant impact on Tesco's
performance. That includes tax tariffs, laws and of passage, the constancy of the nation where the
company operates. As of the continuing monetary instability in the world, many administrations
are heartening stores to create employment for residents. As Tesco contributes to job creation,
Tesco also rises the demand for its foodstuffs with differentiates its labor force.
Economic Factors