PESTLE Analysis of TESCO: Opportunities and Threats

Essay

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Brief Overview of the company..................................................................................................3
PESTLE Analysis of TESCO......................................................................................................4
Linkage between the changes in the external environment and the opportunities and threats
faced by the company. ................................................................................................................5
How company responded to opportunities and threats?.............................................................6
CONCLUSION ...............................................................................................................................6
REFERENCES:...............................................................................................................................8
Books and Journals:....................................................................................................................8

INTRODUCTION
The term business may be define as the group of people who are engaged in any
professional, industrial and commercial activities to generate more and more profit(Haque 2021).
This report discussed about brief overview of the TESCO plc which include nature, size,
location, profit revenue and ownership. This report also covers the PESTLE analysis of TESCO
and how the external factor act as a opportunity and threat for the company along with this how
the company responded to the different opportunities and threat faced by the company.
MAIN BODY
Brief Overview of the company
TESCO plc is a international brand which was incorporated in 1919 and founded by Jack
Cohen. A brief overview of the TESCO plc is being discussed below:
Nature:- TESCO is a multinational brand of UK. The company is one of the leading
brand who deals in groceries and general merchandises items all over the globe. The TESCO
also engaged in the business of retail banking and insurance services. The organisation do their
business in so many countries which include TESCO UK, TESCO Czech Republic, TESCO
Ireland and many more.
Size:- TESCO plc is a well know food brand of UK. The company has over more then
7000 stores across the globe and provide employment over 500000 people in more then 12
countries (Islamutdinov 2018) . The core business of the company is grocery retailing but they
diversified their business in many sector and as of now the TESCO plc have a stock of more then
40000 different product. The organisation do their business in so many countries which include
TESCO UK, TESCO Czech Republic, TESCO Ireland and many more.
Ownership:- TESCO is a public limited company and owned by thousand of people. As
the company raise more of his fund from the people that's why the company is owned by its
shareholder. The CEO of the the TESCO is Ken Murphy, since October 2020 and he was born in
Ireland. The chairman of the company is John Allen.
Location, Turnover and profit:- The headquarters of the company is located in the
Welwyn Garden City, Hertfordshire, England, UK and turnover of the company 64.760 billion in
2020 .