Impact of External and Internal Factors on Business Environment of Tesco
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Added on 2023/06/05
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AI Summary
This presentation discusses the impact of external and internal factors on the business environment of Tesco. It covers political, social, economic, technological, legislative, culture, motivation, and employee factors.
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Introduction Businesscanbedefinedastheenterprisewhichare engaged in commercial activities like buying and selling of products and services. Businesses can aim for profits and providing services to societies. Business Environment of Tesco External factors •Political •Economic •Technological •Legislative Internal factors •Culture •Motivation •Employees Impact of external factors on business •Political •Social •Economic References •Blewitt, J.M., Parsons, A. and Shane, J.M., 2018. Servicelearningasahigh-impactpractice: Integrating business communication skills to benefit others. JournalofEducationforBusiness, 93(8), pp.412-419. •Del Giudice and et. al., 2018. Emerging perspectives on business process management (BPM): IT-based processes and ambidextrous organizations, theory and practice. Businessprocessmanagement journal, 24(5), pp.1070-1076. Conclusion From this Poster presentation, it is concluded that that the internal andexternalfactorshaveagreatimpactonthebusiness environment of TESCO. It is important for businesses to evaluate the factors which can have impact on there business environment. Internal analysis focuses on the factors which create an impact withinthebusinessandhelpsinrecognizingstrengthsand weaknesses of the company.