Tesco SWOT and PESTEL Analysis Report for Business Development

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Added on  2023/02/02

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This report provides a comprehensive SWOT and PESTEL analysis of Tesco, a major player in the UK retail industry. The SWOT analysis examines Tesco's strengths, such as its established brand and market share, and weaknesses, including underperforming subsidiaries and increasing competition. Opportunities include expansion into new markets and improving internal systems. Threats involve economic issues and the rise of competitors. The PESTEL analysis explores the political, economic, social, technological, environmental, and legal factors impacting Tesco's operations. Political factors include the influence of global trade agreements, while economic factors consider the impact of brand influence and cost-efficient product strategies. Social factors include the company's approach to product design, and technological advancements in payment systems. Environmental considerations include fuel-saving initiatives and recycling programs. Legal issues such as discrimination lawsuits and accounting fraud are also examined. The report concludes with references to source materials used in the analysis.
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TESCO
SWOT AND PESTEL ANALYSIS
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INTRODUCTION
Tesco have been engaged in operating retail businesses in UK since 1919. The
growth and development have been achieved by this industry in this respective
year which have been resulted in the number of stores at various places as well as
increment in the product line of the organisation.
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SWOT analysis on Tesco
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STRENGTH
It is the largest, most profitable and famous retail operating chain in UK.
It has the influences of various brands and products in the operating activities
which denotes its strength in market.
It has higher market share in relation with retailing business, consumer services
and shopping experiences of such individual.
It has global identity as well as brand have managed the cultural and operational
needs of the business accordingly.
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WEAKNESSES
The subsidies organisation is not preforming as per expectations which are having
the negative influences of the past credit crisis.
There are various competitors which are stated in the market such as Sainsbury,
Iceland super market and Marks & Spencer.
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OPPORTUNITIES:
It required that the business must proceed for expansion of the operations among
various other countries.
Improving the internal technical system to bring better financial control over the
costs and revenue
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THREAT:
The economical issues have been reflecting here which are basically the recession
and inflation in market
Increasing number of competitors will be affecting the operational ascertainment
and analysis over the data base.
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PESTEL analysis on Tesco
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POLITICAL
Tesco have been operating in various countries which insist that there have been
impacts of huge political influences.
It has several benefits too as WTO have facilitated the free flow of foreign trades
which will removes all the barriers stated in the market.
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ECONOMICAL:
There have been influences of various brand in the business which are offering
household and grocery relevant product among society.
It has been planned by professionals to launch the cost efficient and quality
effective products among the society which can easily be afforded by them.
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SOCIAL:
It has been planned by professionals in respect with designing and facilitating
products for each categories of consumers.
The brand which are engaged with Tesco have been decided and analysed as per
their relevancy in society with respect to products.
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