This presentation provides a comprehensive SWOT and PESTEL analysis of Tesco, including its strengths, weaknesses, opportunities, threats, and the political, economic, social, technological, environmental, and legal factors affecting the company.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
TESCO SWOT AND PESTEL ANALYSIS
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
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.
SWOT analysis on Tesco
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.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
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.
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
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.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
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.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
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.
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.
TECHNICAL In developing the consumer trust in the organisation there have been various reforms were made by the organisation. Use of digital transactional process have helped consumers in making payments on their bills. The payment system includes PayQwid, Clubcard and NFC techniques which are convenient and quick in terms of making payments
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
ENVIRONMENTAL: Tesco.com have been operated by the organisation on which Tesco Van drivers are saving fuel through selecting specific routes. These vans are also collecting waste plastic bags which have been proceed for recycling them.
LEGAL: There have been various legal issues which have been incurred in the business and have been resolved by them such as 17 workers sued organisation on the basis of age and gender discrimination Issue of misleading the accounting information and incurring fraud which have penalised them for making payment about 12 million GBP.
REFERENCES Tesco's made-up farm brands: tricking the consumer or a smart move. 2018. [Online]. Available through :<https://www.campaignlive.co.uk/article/tescos-made- up-farm-brands-tricking-consumer-smart-move/1388551>.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser