Tesco SWOT and PESTEL Analysis Report for Business Development
VerifiedAdded on 2023/02/02
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Report
AI Summary
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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